Recession
How to Manage Credit Card Debt in a Possible Recession
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. The US economy has grown steadily over the past 10 years, but job […]
What is a recession and how to prepare for it?
Let’s be formal: According to the National Bureau of Economic Research, a recession is a significant economy-wide decline in economic activity lasting more than a few months, usually reflected in real GDP, real income, employment, industrial production, and wholesale trade. -retail. Another common definition of a recession is when the economy contracts for two consecutive […]
How to Prepare for a Recession
It is likely that you have already experienced the effects of a recession. After all, from February to April 2020, the whole world experienced a huge financial downturn due to massive restrictions and economic inactivity caused by the COVID-19 pandemic. Now, as inflation continues to skyrocket and the Federal Reserve tries to tame it, there […]
Why You Shouldn’t Worry About the Stock Market Falling in a Recession
If you’ve been following the news (and your own portfolio) lately, you’re probably wondering if all this volatility means we’re headed for a stock market crash. Although signs of an impending recession have begun to appear again, there is no clear evidence that we are in for a deep dive in this direction. So far, […]