Is there any way I can make a VM without using vt-x?
Yes. VT-x is not a necessity for running a virtual machine. However without it a software solution is needed, which won't be good in performance
32-bit virtual machines can be run with binary translation, which is not much slower than a hardware-assisted solution, but 64-bit VMs can only be run inside an emulator (like qemu or Bochs) if VT-x is not available, because isolation of the virtual machine would be impossible without it. That's far worse than running native code, maybe even 10 times slower
I feel like turning it on could have a negative impact on my computer
That's just nonsense. If you don't run a VM then nothing is consumed by the VT-x feature. See Does disabling VT-x enhance stability/performance?