Why does financial stress make it so hard to take care of yourself?

May 04, 20267 min read

QUICK SUMMARY

Financial stress puts your brain into survival mode, which reduces mental bandwidth and makes self-care feel harder, less important, or even unsafe even when it is exactly what you need.


Introduction

Financial stress is something many people experience quietly. This is especially true for many professionals across Ontario navigating rising costs of living and ongoing financial pressure. It does not always look obvious from the outside. People often continue working, caring for others, and managing responsibilities but internally, they feel exhausted, overwhelmed, and stuck.

One of the most common things people say in therapy is:

“I know I need to take better care of myself, but I cannot justify spending money on myself right now.”

Others say:

“I keep cutting things out to save money, but I feel worse and worse. I don’t know what else to remove.”

These experiences are not about lack of effort or discipline. They reflect something deeper happening in the brain and nervous system when financial stress or what many people describe as stress about money or financial anxiety is present.


What financial stress does to your brain

Financial stress does not just affect your emotions. It affects how your brain works, how you make decisions, and how much mental space you have available.

When money feels uncertain, your brain shifts into a survival-based mode. In this state, your system focuses on immediate problems and reduces attention to long-term needs.


1. Your brain narrows its focus

Researchers Sendhil Mullainathan and Eldar Shafir describe this as “tunneling.”

When financial stress is high, your brain becomes highly focused on urgent concerns like:

  • bills

  • debt

  • expenses

  • financial planning

This leaves less mental space for everything else, including self-care.

So even if self-care matters to you, your brain may not prioritize it.


KEY IDEA

Financial stress reduces mental bandwidth. It is not that you do not care about yourself; it is that your brain is overloaded.


2. Stress affects how your body manages energy

Research by Bruce McEwen shows that long-term stress changes how the body regulates energy. This is called “allostatic load.”

Over time, stress can lead to:

  • difficulty resting

  • feeling tired but unable to recover

  • reduced focus and clarity

  • emotional exhaustion

This is why people under financial stress often say:

“I rest, but I still feel tired.”
“I can’t think clearly anymore.

Even rest does not always feel restorative when the body is under constant stress.


3. Your nervous system shifts into protection mode

Your nervous system is always trying to keep you safe.

When financial stress is present, it can interpret your situation as unstable. In response, it shifts into protection mode.

This often shows up as:

  • avoiding spending money, even on basics

  • feeling guilty about self-care

  • postponing personal needs

  • constant mental calculations about money

“I’ll take care of myself once things calm down.”

But financial stress often does not naturally resolve on its own, which leads to ongoing delay of self-care.


Why self-care starts to feel impossible

Self-care is usually described as:

  • rest

  • sleep

  • exercise

  • therapy

  • time for yourself

But under financial stress, these can feel very different.

Self-care can start to feel like:

  • something you must earn

  • something unnecessary

  • something risky or indulgent

  • something you should postpone

This is not a logical belief; it is a stress response.


IMPORANT TRUTH

Financial stress does not remove your need for self-care; it reduces your access to it.


Why common advice does not help

People often hear:

  • “Just take care of yourself.”

  • “Make yourself a priority.”

  • “You need to put yourself first.”

While these ideas sound helpful, they assume a calm and regulated nervous system.

Financial stress often creates:

  • mental overload

  • emotional tension

  • guilt around spending

  • difficulty making decisions

  • constant worry

So even when you want to take care of yourself, it can feel difficult to actually do it.


What actually helps when financial stress is blocking self-care

Instead of trying to push through, the goal is to help your nervous system feel safe enough to access self-care again.

1. Recognize this is a stress response

You are not lazy or unmotivated. Your brain is responding to stress in a normal way.

Understanding this reduces self-blame and self-blame uses energy you do not have extra of.

2. Separate cost from permission

A key question is:

Is this actually about money?
Or is this about feeling like you are not allowed to spend on yourself?

Many people discover the real barrier is permission.

KEY REFLECTION

The barrier is not always financial. Sometimes it is the belief that you should wait to take care of yourself.

3. Start with small self-care actions

When financial stress is high, self-care needs to be:

  • simple

  • low cost or free

  • easy to repeat

Examples include:

  • a short walk outside

  • eating a meal without distractions

  • turning your phone off for a few minutes

  • going to bed earlier

  • talking to someone safe

These small actions help regulate your nervous system.


REFRAME

Self-care is not a reward you earn. It is a basic support your nervous system needs under stress.


4. Reduce financial stress in small ways

You do not need to fix everything at once.

Small steps can include:

  • writing down financial worries instead of holding them in your head

  • separating facts from worst-case thoughts

  • breaking problems into smaller steps

  • limiting constant money rumination

Even small reductions in stress can improve mental clarity and energy.


Why this matters

When financial stress continues over time, people often start to disconnect from their own needs.

It can look like:

  • always putting others first

  • delaying rest indefinitely

  • feeling numb or emotionally drained

  • losing access to things that once felt helpful

This often happens quietly, over time.


Key Takeaways

  • Financial stress changes how your brain prioritizes needs, making self-care harder to access

  • Your brain focuses on immediate financial concerns, reducing mental space for wellbeing

  • Stress affects your ability to rest, recover, and think clearly

  • Self-care can start to feel “not allowed,” even when it is needed most

  • Small, simple actions are more effective than big routines under financial stress


What Therapy Can Help With

At In Time Counselling & Consulting Services, we support people who are experiencing the effects of financial stress, anxiety, and self-care depletion.

Many people reach this point not because they lack information or effort, but because they feel stuck in patterns they cannot fully shift on their own. Financial stress often affects more than finances; it can influence how you think, how you feel, and how you take care of yourself.


What we focus on in therapy

We work with the internal patterns that often show up alongside financial stress, including:

  • beliefs about worth and productivity

  • pressure to always be responsible or in control

  • difficulty prioritizing your own needs

  • guilt or discomfort around rest or spending on yourself

  • feeling stuck, overwhelmed, or emotionally drained


KEY IDEA

Financial stress is not just about money. It is about how safe it feels to take care of yourself.


How therapy supports this process

We use trauma-informed, evidence-based approaches, including:

  • EMDR (Eye-Movement Desensitization & Reprocessing)

  • IFS (Internal Family Systems)

  • EFT (Emotion-Focused Therapy)

These approaches help reduce emotional intensity, shift internal patterns, and support nervous system regulation.

The goal is not to push through stress harder.
The goal is to create more internal capacity so self-care feels possible again.


Accessible therapy options

  • In-person therapy in Ajax, Ontario

  • Virtual therapy across Ontario, including Durham Region, Ajax, Pickering, Whitby, Oshawa, Bowmanville and the GTA


You do not need to wait until things feel more manageable to reach out.

Support can begin exactly where you are.


Next Steps

If you are noticing ongoing stress, overwhelm, or difficulty taking care of yourself, this may be a helpful place to start.

You are welcome to book a free consultation with Althea Fernandes at In Time Counselling to talk about what you are experiencing and what support could look like for you.

We support:

  • financial stress and

  • anxiety and overwhelm

  • self-care challenges

  • work stress and burnout


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Althea Fernandes is a Registered Psychotherapist in Durham Region, Ontario, helps professionals manage burnout, anxiety, and financial stress to build balance and resilience.

Althea Fernandes

Althea Fernandes is a Registered Psychotherapist in Durham Region, Ontario, helps professionals manage burnout, anxiety, and financial stress to build balance and resilience.

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