Looking at your investments and bills in recent days could be just as painful as getting a tooth pulled or scraping your knee, but there are ways you can calm your nerves about it. The stock markets have begun to rebound since President Donald Trump decided to roll back many of his tariffs last week after the stock markets lost trillions of dollars in value. Growing inflation and a recession remain a concern for many Americans. While several factors affecting the economy are outside of your control, Leslie Boden from Money Management Counselors in Sturgeon Bay says you can do plenty of things right now to ensure you and your family can pay your bills and not be as stressed financially.

Understanding your debt, building your emergency fund, and reviewing your spending patterns are other ways to plan during uncertain financial times. According to a Bank of America survey conducted last November, nearly 30 percent of Americans say they live paycheck to paycheck, with households spending at least 90 percent of their income on necessities.