About this episode
In this episode, Regina Hess explains what a recession is and how it impacts everyday financial decisions.
Recessions are a normal part of the economic cycle, but they can still feel unsettling when the headlines get loud and your own budget starts to feel tighter. In this episode of Women and Wealth, Regina explains what a recession actually is and why it is not the same thing as a "down" stock market. She also talks about how recessions can show up in everyday financial decisions, from cutting back on travel and dining out to being more careful with discretionary spending. Episode Highlights: 0:00 - Intro to Women and Wealth 0:31 - What Is a Recession? 1:14 - 1. What's in a Name? 1:39 - 2. A Recession Is Not a Down Market 2:40 - 3. Internal vs. External Shocks 3:21 - 4. The Customer Is Always Right 4:16 - 5. What Goes Up Must Come Down 4:40 - 6. We Grow More Than We Contract 5:35 - 7. Connected, But Not Always in Sync 6:03 - 8. Bad Begets Good 6:29 - 9. Not All Stocks Are Created Equal 7:24 - 10. Stocks Can Grow When the Economy Contracts 8:18 - Signs You May Feel Before a Recession Is Announced 9:01 - Call to Action: Rein in Spending 9:24 - Closing and Connect With Forge Wealth ABOUT REGINA MCCANN HESS Regina is the author of Super Woman Wealth: How to Become Your Own Financial…
People in this episode
Host: Regina Hess
Topics covered
- recession
- economic cycle
- financial decisions
- budgeting
- investing
- women's financial freedom
Keywords
- recession
- economic cycle
- financial decisions
- budget
- investing
- women's financial freedom
Mentioned in this episode
Organizations: Schwab TV, Yahoo Finance, Forbes.com, NTD Television, CBS 3 Philadelphia, Fox 29 Philadelphia, King 5 Seattle, KTLA 5 Los Angeles, Scripps
Books & works: Super Woman Wealth: How to Become Your Own Financial Hero
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