How to recession-proof your retirement plans, according to retirees who made it through the Great Recession

Liz Knueven •
Business Insider
seniors

The Great Recession hit many Americans hard between 2007 and 2009 — including their retirement accounts. But, it’s worth remembering that many made it through just fine. While it can certainly be stressful, these retirees from Business Insider’s Real Retirement series say it’s possible to make it through the storm by focusing on your asset

Read More...


2 out of 3 people are not prepared for the next economic recession, according to a new study

Frank Olito •
Business Insider
2 out of 3 people are not prepared for the next economic recession, according to a new study. Here's how you can get ready.

The Harvard Business School Online and City Square Associates surveyed 1,000 people to determine how prepared people are for a potential recession. Turns out, two out of every three people surveyed reported they are not prepared.  Business Insider spoke with Patrick Mullane, the executive director of Harvard Business School Online, about what people could do

Read More...


Change in FICO formula may ding your score

By Steve Rosen •
CNET
Stacked credit cards

A new hurdle awaits many younger consumers who already find it challenging to build a credit history and become good borrowing risks. It’s called FICO Score 10 Suite, an update to the credit scoring algorithms created by Fair Isaac Corp. that are widely used by credit card issuers and other lenders. It is scheduled to

Read More...