finance

5 Things to Do to Prepare for a Recession

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(StatePoint) Experts agree that periods of economic downturn, or recessions, are unavoidable and often follow a period of market growth. However, experts also acknowledge that it is difficult to predict exactly when the next recession will begin.

It is important to manage the pieces of your financial life knowing that a market decline is possible, regardless of the exact timing. A Certified Financial Planner (CFP) can provide you with competent, ethical advice on how to financially prepare to weather a down market.

Stocks reach new records while oil prices drop after Trump action on Iran

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By Bethany Blankley | The Center Square

Stocks reached new records and oil prices dropped Wednesday after President Donald Trump's announcement on curtailing the conflict with Iran.

The boost came after U.S. stocks closed in the red on Tuesday, expressing investors' concerns about conflict in the Middle East and after Iran launched more than a dozen missile against two military bases in Iraq.

Make Planning to Pay for College a New Year’s Resolution

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(StatePoint) When it comes to financial resolutions, a new survey suggests that creating a plan to pay for college should be top of mind for more families.

Only 54 percent of parents are comfortable with their plan to pay for their child's college education, according to a College Ave Students Loan survey conducted by Barnes & Noble College Insights.

As you solidify your New Year's resolutions, consider the following financial strategies: