How to worry less about money

If you're currently worrying about money you can do a couple of things to reduce your stress:

  • put things in perspective
  • differentiate between trouble and worries
  • avoid and reduce debt
  • differentiate between desires and needs

Perspective

If you're living in a developed country chances are that you're better off than 90% of the world's population. You're also living healthier, longer and with a lot less worrying than 99% of people who lived before the 20th century. We're taking so many things for granted,

Trouble or worry?

If you just lost your job and you don't have money to pay your rent, or to buy food in the supermarket there is an urgent need. A lot of people are not in any urgent situation and they worry about money.

Avoid Debt

It's always best to avoid debt. But if you tend to worry about money avoiding debt is one of the best things you can do. Don't buy a new car if the only way to do so is by taking up credit. Better leave the car for later or buy a second hand car instead. Mortgages are a notable exception, since these are a great way to start building up capital instead of making your landlord rich. Also, the rates on mortgages are usually a lot lower than other types of loans without collateral.

Reduce your debt

Or at least choose "cheaper" debt with lower interest. If you have both a mortgage and personal loan, it's very wise to move your debt from your personal loan to your mortgage. First pay off your personal loan before making any down payments, if possible.

Another good idea is to reduce your spending as long as you have any high interest loans.

Desires vs. Needs

It's good to make a list of essentials, to see how much money you really need. Basic food, housing, heating, health insurance. Try to be "very cheap" for a week. Only buy the bare necessities in the super market, or even better at the outdoor market.

Further reading

Cheap Personal Loans without income proof

Cheap loans, cheap equity loans, cheap home equity loans, cheap mortgage loans and cheap student loans without a cosigner are available online as well as through various financial institutions in every main street in the USA, UK and Australia. Similar offers for fast cheap loans can also be found via online vendors, including cheap payday loans online and cheap refinance loans online. Remember that what seems cheap at a first glance could become too expensive for you to carry in the future.

Student Debt Repayment

Ah, student debt. One of the shackles that is bringing down the youth. Student loans may be very oppressive forces on earth, especially in the moment after graduation, before finding a secure job.

Here are some tips to get you started on paying off your student loans, as quickly and efficiently as possible!

401k Loans

If you have an existing 401k plan right now, then let me tell you that your financial life is already many paces ahead of the average person. A 401k is a good decision for a multitude of reasons. First, it’s an easy way to save. Second, you have the option to technically borrow from yourself by way of a 401k loan.

Personal loan without income proof

How to get a loan without income? To borrow money without proof of income is possible. An unsecured income loan might not be the smartest thing to do if you have no proof of income, but if you really need the money now getting loans without income may be the only way out of a tricky situation. The most obvious path to take is to ask friends and family. Have you done this already then it's time to hit online payday loan companies or other unsecured loan companies. E.g.