Financial concerns and stress can come from a lot of places including student loan debt, poor budgeting, credit card debt, and even unemployment. Since the beginning of the pandemic, one in six apartment renters in the U.S. have struggled to make their rent payment, and one in five renters with kids struggled to make theirs.

The good news is that managing your financial stress doesn’t need to be complicated. There are a few key ways you can help to keep your financial worries under control.

Figure out where your money’s going

While it’s one thing to consider cutting back on spending, it’s another thing to figure out just how much money you can actually set aside. Don’t wing it when it comes to setting a budget for yourself. Sit down and go through your bank statements and credit card statements to figure out exactly where your money is going. Determine which expenses were necessary and which didn’t need to be made. From there, you can figure out where you can cut back on spending and how much money you can set aside for savings.

Track your financial progress

A major source of financial stress is not knowing how much money you have and not knowing how much you have saved. Instead of simply creating a budget and making sure that you stick to that budget each month, be sure to track your savings, too. Even seeing your savings go up little by little each money can help you feel a little less anxious when you look at your bank account.

Make sure you’re insured

There are approximately 112.8 million people in the U.S. between the ages of 18 and 44, and up to 39% don’t have enough money on hand for a $400 emergency. While there are some emergencies you can’t prepare for like physical injuries or accidents, there are others that you can prepare for financially by getting insurance. For instance, about 90% of all U.S. disasters involve some sort of flooding, which is why home insurance coverage is so important. Just be sure that you know what your insurance plans (including your home, car, and health insurance) actually cover so certain fees don’t catch you by surprise.

Get on a debt repayment plan

Paying off debt can make your stress levels skyrocket, especially when you’re dealing with high interest. A good idea to make paying off debt more manageable is by contacting the credit card company or student loan company that you owe to try and establish a repayment plan that works for you. For instance, many student loan companies offer repayment plans based on your income.

Financial stress can be intense. But the good news is that you can help to keep that stress under control by focusing on what you have control of. By making sure you’re insured, tracking your financial progress, getting on a debt repayment plan, and paying attention to the exact numbers of your spending each month, you can start to reduce your financial anxieties.