Tips against financial stress

Tips against financial stress

Anyone who has to turn over every penny several times over is usually under great financial stress. In the long run, this can also lead to physical and psychological suffering, as numerous studies have shown. In our guide, we show how this stress can be combated with simple tips.

Should you take your lunch with you or go out with your colleagues? Do you want to go on vacation with your money, or would you rather put it away? We make economic decisions every day. However, those who feel a high level of financial stress in the process will also feel it physically in the long run.

In a research paper published in the journal “Psychological Science”, it was shown that people who frequently worry about their financial future suffer significantly more often from physical pain. The researchers Eileen Chou, Bidhan Parmar and Adam Galinsky concluded that even the feeling of loss of control over one’s own life could play a decisive role. Due to the loss of control, restlessness, anxiety as well as stress follow. In the nervous system, these individual processes are closely linked to the human perception of pain.

Large amounts of data were used for the evaluation. Six studies alone stated that insecurity could lead to pain. In the last ten years, a growth of economic insecurity as well as physical pain could be recorded. Only then the observation was put on the connection of both aspects.

It is important to stay healthy. How it is now possible to fight financial stress, we show in the following points.

Identify the cause of the stress

The most important point in most cases is to first find out why the economic stress has a presence in the first place. This can have many causes. For example, are the children costing too much? Is more money being spent than the income allows? Or are finances always out of sight?

Once it is found out where the stressful situation comes from, it is possible to tackle the next step. If there are several reasons, it is advisable to always keep each of them well in mind.

Set yourself a budget

The next point is to first make a plan of what income and expenses flow regularly. In this way, it is possible to know how much of the budget is available without getting into a financial emergency situation.

Furthermore, it is advisable to set a fixed budget. Often we buy things that go beyond our budget. However, we lose sight of this aspect because we only see the item that we absolutely want to purchase. With a fixed budget, this point is at least reconsidered.

Tip: Of course, it is important not to go beyond the budget. If you set a limit, you should stick to it. Furthermore, the budget should of course be realistic.

There are also very valuable apps that can help you keep a better eye on your finances. Every income and expense is recorded there. The app then calculates whether you are in the black and how many costs are incurred, for example, for purchases that are paid for in cash. In the long run, this creates a really accurate overview of how high the monthly living costs are.

First save, then spend
©Proxima Studio/

Often we decide to spend money first and then put something aside, as long as there is something left in the account at the end of the month. However, this is not the right approach. It makes more sense to set aside a fixed amount each month. This is binding. This way, everyone can actively save something for emergencies, vacations and the like. Of course, it is also important not to approach the savings.

Own emotional stability

Of course, one’s own state of mind always plays a significant role in emotional stress. Financial stress can only arise where people are susceptible to it. Who would like to avoid jetwaigen stress, should be with itself in the clear one. In this way, even a small financial crisis can be overcome without any major side effects.

Create a healthy relationship with money

For many people, the purchase of new clothes and electronics is a real enrichment. Especially in stressful situations, accumulating new things can provide relief. To a certain extent, this form of reassurance is also perfectly okay. However, if stress management gets out of hand, the person concerned loses track of their finances and can end up in an economic fiasco.

Tip: How about yoga, meditating or jogging, for example? These hobbies cost nothing and bring a lot of relaxation into one’s everyday life. Of course, another hobby can also be chosen as an alternative.

Cultivate your own private life

In order to eliminate insecurities and consequently prevent financial stress, it is important to take care of one’s own private life. Regular discussions with the family and above all with the partner can take fears. Accordingly, bottlenecks can be accepted and eliminated much more calmly.

It is also advisable to talk to your partner about larger investments. Often financial wrong decisions as well as financial stress are a reason for couples to separate. However, this can be prevented with sufficient talks and care.

Increase your own income

Often, financial stress can be caused by the fact that one’s income is simply too low and not enough to live on. In this case, it is imperative to increase it. Easier said than done. But the effort will make for a much more pleasant and stress-free life in the long run.

Tip: It is never wrong to arrange a meeting with your boss at an appropriate time. There, a possible wage increase can be discussed.

Salary increase negotiation
©Markus Mainka/

In some cases, of course, the wage increase may be rejected. Of course, this is not the desired goal. At this point, it should be considered whether it would not make sense to change the company or even the line of work. This is the only way to prevent financial stress in the long run, if it really is due to the significantly too low income.

Reduce regular expenses if necessary

The rent is too high or even the insurance? It is important to take a close look at the expenses and, at best, compare prices. In some cases, a cheaper electricity provider can be found. Internet costs can also be reduced in a targeted manner. It is advantageous to obtain prices or to seek advice. In this way, costs can be reduced in the long term.

Live more economically

In some cases, convenient savings can be made. Especially in terms of electricity and water costs can often save money. For this a suitable councellor or also a free consultation is suitable, in order to experience exactly, in which points too much energy flows. In the long run, a lot of money can be saved in these areas.

Do not be tempted by the environment

It is always important not to compare or even duel with your fellow human beings. Often it can happen that lunch is not taken from home, in order not to stand in front of colleagues as “penniless”. Also the newest shoes are a must, because the people in the own surrounding field carry these also. But no one should ever be put off by this.

Life is not a competition!

No one should live beyond his means, only to hope for recognition through material things. This recognition is wrong and the result is economic stress, which can be accompanied by pain and psychological problems. It is important to know one’s limits and to keep them. This is the only way to lead a healthy and carefree life in the long run.


Financial stress makes people ill and should be avoided in any case. Of course, it would be good if this did not occur in the first place, but often it cannot be avoided. With the tips mentioned above, it is possible to counteract this step by step and to return to a healthy and carefree life.