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How finance experts are preparing for the next recession

Reader's Digest Logo By Lyn Mettler of Reader's Digest | Slide 1 of 14: A quick search online would have you believe a recession is imminent. According to an Economic Policy Institute report published in April 2019, there is a "real possibility" that the United States could find itself in a recession as soon as the next 18 months. Lauren Anastasio, a certified financial planner with SoFi, a personal finance company that offers student loans, personal loans, investing and more, says while it's hard to know exactly when, "what we do know for certain is that we will see another recession, and we just have to deal with it."
With memories of the Great Recession of 2008 still fresh in many people's memories, the idea of another recession is worrisome. So what should you do to prepare?
We asked financial experts to weigh in on how Americans should plan for the next recession. You may also want to consider these 12 recession-proof careers that will survive the next economic downturn.

Is America headed for its next recession?

A quick search online would have you believe a recession is imminent. According to an Economic Policy Institute report published in April 2019, there is a "real possibility" that the United States could find itself in a recession as soon as the next 18 months.

Lauren Anastasio, a certified financial planner with SoFi, a personal finance company that offers student loans, personal loans, investing and more, says while it's hard to know exactly when, "what we do know for certain is that we will see another recession, and we just have to deal with it."

With memories of the Great Recession of 2008 still fresh in many people's memories, the idea of another recession is worrisome. So what should you do to prepare?

We asked financial experts to weigh in on how Americans should plan for the next recession. Click ahead to see what they had to say.

Related: 12 recession-proof careers that will survive the next economic downturn.

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