Managing Money Stress: How to Make More and Save More

Money stress can feel overwhelming, especially when life throws major financial shifts your way. Moving into a home that costs more than four times what you previously paid in rent—and going an entire month without income—creates intense pressure. Suddenly, every dollar counts, and the weight of financial uncertainty can be exhausting. 

But the good news is that there are ways to regain control, reduce stress, and find financial stability again. Whether by increasing income or cutting expenses, small changes can make a big difference. Here’s how to approach both.

Ways to Make More Money

1. Maximize Your Current Skills

Think about what you’re already good at—whether it’s childcare, crafting, baking, or another talent. If you can monetize a skill, even as a side hustle, you’ll create an extra stream of income. Anyone can get started in E-commerce for extra cash as a side hustle as well. If you love making handmade gifts, especially ones that people can use year after year you can save a fortune. Could you sell personalized gift sets, edible treats, or seasonal crafts? Even a few sales a month could make a noticeable impact.

2. Expand Your Business or Services

If you’re already running a business, consider ways to expand or adjust your services. With Little Duck Family Child Care relocating to a new space, I have an opportunity to market my childcare services to new families. More enrollment could mean more financial security. Offering extended hours or additional programs (like date-night babysitting or preschool prep classes) might also bring in extra income. 

3. Sell Unused or Unneeded Items

Moving into a bigger home can highlight how much unnecessary stuff you own. Since you’ve been reevaluating spending habits, this is a great time to declutter and sell items that no longer serve you. Facebook Marketplace, local buy-and-sell groups, and consignment stores can turn old belongings into fast cash. I got rid of so much when I moved that I figured my house would look empty but it’s not nearly as bad as I thought. I was able to make extra money for my move and that was a huge relief. 

4. Take on Freelance or Gig Work

Short-term gig work can help bridge financial gaps. If you need flexibility, options like tutoring, freelance writing, virtual assistance, or even short-term contract jobs might be worth exploring. These simple side hustles can help you bring in extra income.

5. Rent Out Extra Space

With more space than ever before, could you rent out a portion of your home? Whether it’s a spare bedroom for a short-term tenant or storage space for someone needing extra room, this could be an easy way to generate additional income. This isn’t always possible with lease agreements so check to ensure you are not breaking any rules.

Ways to Save More Money

1. Cut Unnecessary Expenses

Reevaluating spending habits is key. Look at recurring expenses and ask:

• Are there subscriptions or memberships you can cancel or downgrade?

• Can you switch to a cheaper phone or internet plan?

• Are there areas where you’re spending out of habit rather than necessity?

Even small changes, like making coffee at home instead of grabbing one on the go, can add up over time.

2. Meal Plan and Reduce Food Waste

With a walk-in pantry and more kitchen space, meal planning can be a game-changer. Stocking up on staples, cooking in batches, and avoiding last-minute takeout can save hundreds per month. Using what you already have before buying more prevents food waste and unnecessary spending.

3. Be Strategic About Utilities

A larger home can mean higher utility costs. Simple habits like turning off lights, adjusting the thermostat, and using energy-efficient appliances can lower monthly bills.

4. Focus on Quality Over Quantity

Your realization about spending on unnecessary items is a valuable mindset shift. Rather than buying more, focus on purchasing fewer, high-quality things that last. This applies to everything from household goods to clothing and even groceries.

5. Build a Buffer for the Future

Once you start regaining financial footing, prioritize building a small emergency fund. Even setting aside a little each month can prevent another period of financial stress if unexpected expenses arise. My kids were shocked to hear me tell them we couldn’t get take out, but right now money is so tight I have to be so cautious of what we buy until I build my self and my savings back up again. 

Final Thoughts

Adjusting to a higher cost of living and recovering from a month with no income isn’t easy. But by finding ways to make more money and cut expenses, you can take control of your financial future. It’s all about making mindful choices—whether that’s monetizing a skill, eliminating wasteful spending, or being intentional about what you bring into your home.

Money stress doesn’t disappear overnight, but step by step, you can ease the pressure and create a more secure and sustainable financial situation. Keep focusing on what you can control, and soon, your finances will feel more manageable.