• Video
  • Shop
  • Culture
  • Family
  • Wellness
  • Food
  • Living
  • Style
  • Travel
  • News
  • Book Club
  • GMA3: WYNTK
  • Newsletter
  • Privacy Policy
  • Your US State Privacy Rights
  • Children's Online Privacy Policy
  • Interest-Based Ads
  • Terms of Use
  • Do Not Sell My Info
  • Contact Us
  • © 2025 ABC News
  • Living

How reframing your approach to finances can alleviate stress and help with self-care

2:00
How to face your financial fears
STOCK PHOTO/Getty Images
Kelly McCarthy
ByKelly McCarthy
August 14, 2019, 12:33 PM

Money is a common cause of stress, but applying self-care to approach finances is a great way to alleviate stress and refocus your mind.

As part of "Good Morning America's" Self Care Nation series, ABC News' chief business correspondent Rebecca Jarvis shared tips to reframe the way people look at finances.

Money is the second leading cause of stress in America, according to a 2017 study from American Psychological Association. Jarvis said it's all about reframing the way we look at our finances.

Related Articles

(MORE: 6 ways to make self-care happen)

ABC News' chief business correspondent Rebecca Jarvis explains on "GMA" how to reframe thinking about finances
ABC News

Finances can feel like a messy puzzle, with various pieces like stress, credit card debt, mortgage, expenses and savings scattered about. The chaotic and overwhelming nature of these financial pieces add to stress, but even if you can't change these things immediately, you can shift the way you approach it and take control.

How to rethink the way you look at finances

Create a snapshot and set goals

Start by looking at how much you earn weekly, how much you spend, debt and savings.

Use a financial tracking app like Mint

Mint is an app that can help you balance your budget and put more in savings.
Mint.com

Mint pulls all of your financials under one roof, including bills, credit cards and more, to track where you're spending and how much. You can also set goals through the app, like paying down debt by a certain time, and the app will advise what you need to put towards each payment.

Related Articles

(MORE: How to squeeze in self-care if you have 1 minute, 15 minutes, 1 hour)

Make a budget

Budgets are about planning ahead and holding yourself accountable. Use a money management app like Pocketguard to help track your spending compared to your budget throughout the month. This will also help you find the best deal on monthly service costs.

Track your progress

Some months will be better than others and sometimes you may realize that a particular budget plan doesn't work for you, but take control of that and own the next steps.

Although the process can at times be overwhelming, once you reframe it like this, there is no room for added stress.

Related Topics

  • Debt

Up Next in Living—

June's full strawberry moon: See photos and what it means for your zodiac

June 11, 2025

High school athlete somersaults to track and field championship win

June 10, 2025

Michaels buys Joann brand, plans to expand crafting supply to meet demand

June 6, 2025

Approximately 1.7 million air conditioners voluntarily recalled for potential mold exposure

June 6, 2025

Shop GMA Favorites

ABC will receive a commission for purchases made through these links.

Sponsored Content by Taboola

The latest lifestyle and entertainment news and inspiration for how to live your best life - all from Good Morning America.
  • Contests
  • Terms of Use
  • Privacy Policy
  • Do Not Sell My Info
  • Children’s Online Privacy Policy
  • Advertise with us
  • Your US State Privacy Rights
  • Interest-Based Ads
  • About Nielsen Measurement
  • Press
  • Feedback
  • Shop FAQs
  • ABC News
  • ABC
  • All Videos
  • All Topics
  • Sitemap

© 2025 ABC News
  • Privacy Policy— 
  • Your US State Privacy Rights— 
  • Children's Online Privacy Policy— 
  • Interest-Based Ads— 
  • Terms of Use— 
  • Do Not Sell My Info— 
  • Contact Us— 

© 2025 ABC News