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 Hero. As an advocate for women's financial freedom, she wrote this book to help empower women to take a bigger role in handling their money.

Regina has appeared on Schwab TV, Yahoo Finance, Forbes.com, NTD Television, CBS 3 Philadelphia, Fox 29 Philadelphia, King 5 Seattle, KTLA 5 Los Angeles and Scripps News. She has also been quoted in numerous articles in publications such as Forbes, Business Insider, U.S. News & World Report, Yahoo Finance, USA Today, USA Wire, Word in Black, WTOP News, Mind Body Green, Money Digest, New York Post, Defender, Authority Magazine, GoBankingRates.com, Scripps and The Muse.

As Founder of Forge Wealth Management, Regina utilizes her 25+ years of financial services experience to help individuals plan, preserve and diversify their wealth. She focuses on educating her clients while building long-term relationships with them and their families. Her experience throughout major shifts in the markets, enables Regina to structure balanced portfolios to address specific financial goals.

CONNECT WITH REGINA

Website: https://www.forgewealth.com

LinkedIn: https://www.linkedin.com/in/reginamccannhess/

Facebook: https://www.facebook.com/ForgeWealth

Instagram: https://www.instagram.com/forgewealthmanagement/

YouTube: https://www.youtube.com/@ForgeWealth

Email: [email protected]

Securities offered through LPL Financial, Member FINRA/SIPC www.finra.org, www.sipc.org

Third-party posts found on this profile do not reflect the view of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.

This material was prepared by Hartford funds.

For a list of states in which I am registered to do business, please visit www.forgewealth.com. Hartford Funds is not affiliated with, nor endorsed by LPL Financial, Private Advisor Group, or Forge Wealth Management