Savvy Finance

6 Ways To Cope When You’re Having Money Troubles

Having money troubles isn’t enjoyable and can be quite stressful and frustrating of a situation to be in. You may feel like there’s no way out or be wondering how you’ll ever find better days ahead.

Instead of focusing on the negative or getting down on yourself, you should concentrate on what’s in your control. You have the power to have better thoughts and take actions that will help set you up for success. Discover six ways to cope when you’re having money troubles that will help you get back on your feet and boost your mood.

1. Keep or Find Steady Work

You must find ways to earn money or more money when you’re having money troubles. Consider what job you have now and if there are better opportunities out there for you. Even if you must file for bankruptcy, know that seeking a job after bankruptcy is possible and practical. Cope better with money troubles by making sure you’re earning a living and bringing in as much money as possible. Consider what you’re passionate about and good at and make sure you seek meaningful work that makes you happy and pays well.

2. Talk About it

It might also help to talk about what you’re going through and your financial troubles with others. For instance, if you’re married then your spouse may be the perfect person to open up to about your concerns. It’s essential that you’re working as a team and are on the same page. You might also feel comfortable talking about the matter with a close friend or another family member who you know will understand. In addition, some professionals can help such as financial counselors or advisors who specialize in helping you regain your footing.

3. Find Ways to Reduce Stress

If you’re having money troubles then you might find you feel more stressed out than usual. In this case, you must find productive and healthy ways to reduce your stress. Exercise is an excellent outlet and will help you burn off steam and reset your attitude and thoughts. Cope when you’re having money troubles by staying active and engaged in life. Participate in activities you find enjoyable and that take your mind off of your money and finances for some time.

4. Make Paying Bills A Priority

You should focus your efforts on paying your bills even when you’re having money troubles to help improve your finances. You want to avoid falling into more debt or missing important payments altogether. It might help to find ways to bring in more money or to follow a monthly budget so you can set the money aside that you need first and foremost. Get organized and pay essential bills first so that you can avoid experiencing even more financial trouble. It might help to set up automatic payments or a reminder on your phone so you don’t forget to do so.

5. Cut Back

Now is a great time to cut back your spending and get more in control of your finances. Cope healthily when you’re having money troubles by tracking your spending and seeing where your money is going. You may be able to quickly pinpoint areas where you’re lavishly spending money or spending out of your means. It will require self-discipline on your part but it’ll be worth it when you realize you have more money back in your pocket. Overspending and buying what you don’t need is one area you can control and make changes. Remind yourself this is a temporary adjustment to your lifestyle and that once you become more financially stable you’ll have a little more freedom to spend as you please. However, living within your means should always be a top priority and will help you out no matter how much money you’re making.

6. Work on Building an Emergency Fund

It may be tough to save money while you’re experiencing financial hardship but it’s necessary and worth it. Don’t give up your daily routine of saving money whenever possible in your case. Work on building an emergency fund so that you have money set aside and access to it when you need it the most. Track your money-saving progress so you can see how you’re doing and stay motivated to continue to put some of it away. You’ll be glad you did this when you come across unexpected expenses that will inevitably arise. Consider modifying your lifestyle and spending habits and shopping discounts, sales, and at consignment stores. Use any extra money you do have or earn to save up for later use.  


  • christcenteredruminations

    Lovely write-up here. Money is something that many people desire. Of course, it does help in having a comfortable lifestyle. However, different people have different theories on where money comes from. In Christianity, we believe that money is a blessing from God. God can choose to bless whomever he chooses with money & increase. Indeed, a person can toil day and night for money, but the blessings of God is able to bring an abundance of profit from the seeds that the person sows.

    For example, the Bible says in Genesis 26:12
    “When Isaac planted his crops that year, he harvested a hundred times more grain than he planted, for the LORD blessed him”.

    God’s blessings makes all the difference. Sure, you still need to work hard, but before commencing any project, pray to God first on whether it is something he wants you to work on. Many people spend years on profitless hard labour. With God’s direction, you can get to the place & job that will bring your increase faster, and also be blessed by God’s abundance. So, how can you get God’s abundance –> You get it through obedience to God’s word and by working on your relationship with him.

    The Bible says in Matthew 6:33
    “But seek first the kingdom of God and his righteousness, and all these things will be added to you”.

    The Bible says in Philippians 4:19
    “And my God will supply every need of yours according to his riches in glory in Christ Jesus”.

    If anyone reading is interested in building a relationship with God, I have a post on that here:

    There is much more to know about God. I post frequently on my blog about topics related to God. You are welcome to follow my blog to keep up with my content. See my blog here:

    -All the best. May God bless you.

    • mcushing7

      Thank you for this beautiful reply and God Bless You 😉 I truly love this and appreciate your sharing.