Five pieces of recession-proof financial advice for new graduates

Financial Post
November 27, 2022.

For the second time in a bit more than a decade, another crop of post-secondary graduates is entering the job market just as companies enact hiring freezes and layoffs in response to the ongoing economic malaise.

As a parent of a new graduate, I understand the questions and concerns many young people have: What if I don’t land a well-paying job in my field? How will I make my rent or pay off my student loans? How will I save and invest for my future? I shared those same questions after graduating from university when my job offer was rescinded during a recession.

But there is hope and opportunity even in times of economic shakiness. Here are a handful of tangible pieces of advice to help position new graduates for long-term financial and professional success while navigating current market conditions.

Read more.

Related articles

2022

Advisors welcome scrutiny on ESG funds but say there are still many challenges facing investors

December 20, 2022 - The heat is on environmental, social and governance (ESG) investing, with regulatory scrutiny growing over greenwashing and sustainability assurance providers beginning…

2 minute read

2022

Why investors need to understand redemption freezes before getting into alternatives

December 15, 2022 - Ida Khajadourian shares that "under extreme circumstances, a fund might freeze redemptions, known as “gating” to prevent investors from pulling their…

2 minute read

2022

‘It’s the people who make the difference'

December 8, 2022 - Why do advisors choose to join Richardson Wealth? For Michel St-Laurent, “it’s the people who make the difference," plus the freedom…

2 minute read