Best Ways to Ease Stress Around Money

Written By Elizabeth Schroeter
Last updated February 1, 2021

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Personal Finance
January 28, 2021

Simple. Thrifty. Living.

Money can lead to problematic situations, mainly where there are difficulties paying bills or managing various budgets. Thankfully, a few simple practices and lifestyle changes can ease the burden on your wallet and pave the way toward stress-free spending.

One of the first things to do when working out your finances is to understand how much you spend. Find time to list down your spending for the week, ranging from food to gas and recurring bills.

Logging Your Spending

You might consider logging the entries for a month to get a clearer idea of where your salary goes. Once you have compiled a monthly list, it’s time to overview your spending habits. Chances are, you’ll be able to cut back on several unnecessary purchases and grow your savings.

It is essential to set and stick to a spending budget to keep your finances under control. While this might mean forgoing luxuries at times, you’ll also discover cheaper alternatives and reasonable offers.

Cut Cooking Costs

One practical example of cost-cutting involves batch cooking, where you prepare meals less regularly and freeze leftovers for later consumption. Batch cooking avoids food wastage while keeping your stomach full.

Many people get into financial difficulties because they don’t have any emergency savings to fall back on. That’s why it’s essential to set aside a percentage of your monthly salary for a rainy day during good times. For example, if you spend below your meal budget for the month, it might be a good idea to transfer the excess sum to a savings account. By diligently saving a small amount each month, you’re essentially preparing your safety net against unpredictable financial emergencies.

One of the most simple yet effective ways to get into the habit of economic living is to swap out preferred brands for cheaper alternatives. Start by swapping a few less essential items, testing to see if there’s a marked difference in quality. However, be careful with food items as cheaper products may contain unhealthy ingredients (i.e., artificial fruit flavors). Transportation is an excellent area for swapping, replacing car rides with affordable bus trips, or even traveling by foot if possible.


A saying goes that there’s no such thing as a free lunch. You’ll discover that isn’t true with some digging. But why stop with a free meal? There are many ways to have fun for free, like museum-visits, concerts, and other attractions. You can also find a wide variety of online courses and applications with free versions, so you can test them before paying for a subscription.

Tap into Local Resources

Why not visit your local library instead of purchasing books or downloading cheaper e-alternatives? You could always spend on an upgraded item (brand new purchase) or experience (premium museum pass) once you’re financially freer.

About the Author

Elizabeth Schroeter

Elizabeth Schroeter is the co-founder of Simple Thrifty Living. Elizabeth earned her BA in psychology from San Francisco State University, later going on to earn her doctorate in clinical psychology. Not only does Elizabeth draw on her educational background, she also incorporates her real life experience as a mother of 4 year old twin boys. As a parent she understands the need for accessible quality content, especially when it comes to finance and parenting. Elizabeth resides in San Francisco, California with her family.

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