NEW YORK, NY — (Marketwired) — 10/16/14 — Money has been cited as the second most common cause of stress in the United States, right behind job-related pressure. There are bills due, debts to pay off, emergencies to account for, groceries to buy, and a car in need of gas. Plus all those other little expenses that quickly add up. For this reason, it–s no wonder that money is a significant source of daily stress. Unfortunately, as if that–s not unpleasant enough, financial stress has a way of making itself worse. When people are stressed, they–re more likely to feel like they need a break, which usually involves spending more money. It–s a vicious cycle that can be very difficult to break.

However, while you–ll never be able to completely avoid any sort of financial stress, there are some things you can do to greatly minimize it. , an online expert for finances, has announced these top 3 ways to get rid of financial stress:

1. Avoid Over Your Accounts

In this digital age, we have all of our financial information available on demand, right at our fingertips. Although this can be convenient, it can also be problematic. Some people say that they check their bank or credit accounts as much as three times per day, just to make sure everything is in order. This might seem like a good habit to be in. After all, if anything is amiss, you can rectify it quickly. The down side is that obsessing over your financial accounts like this can actually lead more stress.

You–re more likely to sit there thinking about when a check will go through or how long it–ll take you to pay off your debts. It–s been four days since you sent that check. What if it got lost in the mail? What if something unexpected happens and you can–t make your loan payment on time? These thoughts begin to swirl around in your head, even when you–re trying to sleep at night. For the sake of your health and well-being, try to limit your account-viewing to a few times per week unless it–s absolutely necessary.

2. Don–t Let Linger

Being almost broke until the next payday is never a fun experience. For this reason, many people opt to pay their bills late in the hopes of stretching their existing funds a little further. It sounds like a good idea on the surface, but it can come back to haunt you. At the very least, you–re going to be hit with late fees for those bills. When you–re already in a tight spot with finances, those extra few dollars can be a burden. Depending on how late your payment is, you could wind up paying two months– worth of base costs as well as the late fee for the previous bill. It–s much harder on your budget to pay out this much money in one lump sum.

What–s worse, these late payments will negatively affect your credit score. This means that if you ever need a loan or credit card in the future, your odds of getting turned down or hit with massive interest rates are high. Lenders look at your credit history and see that you–re frequently incapable of paying your bills within a reasonable time frame, and they–ll think you–re likely to do the same with your loan payments. In light of the tedious situations that can come from this, it–s always recommended to pay your bills on time if at all possible. You may be shorter on money until your next paycheck, but it can actually save you money in the longer term.

3. Cut Back on Impulse

Living a completely bare-bones lifestyle can get depressing, so everybody needs a little luxury in their lives now and then. However, it–s easy to make a regular habit of it, especially when your finances are making you feel stressed and deprived. If you give in to this impulse too often, it will only sink you further into financial problems. Even the little purchases that cost a dollar or two eventually add up. If you spend three dollars each day, that comes to around $84 each month that could have helped guard against financial stress. Instead, try allowing for a small weekly luxury in your monthly budget. This will both give you something to look forward to and help keep your finances on track.

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