Bounce Back: The Ultimate Guide to Financial Resilience

Lynnette Khalfani-Cox

Language: English

Publisher: Wiley

Published: Jan 4, 2024

Description:

In Bounce Back , veteran financial coach and bestselling author Lynnette Khalfani-Cox explains how she slayed six figures of consumer debt in a mere three years and went on to build a seven-figure personal net worth. The author shows you how to take on―and defeat―the most common and difficult challenges facing Americans today, from debt, disability, and job downsizing to disasters, discrimination, divorce, and more. She draws on her own extensive experience helping people with their most intractable financial problems, the wisdom of other money coaches, financial therapists, certified financial planners, and psychologists – as well as the inspiring stories of everyday people who have bounced back from adversity.

Emphasizing the critical importance of emotional, financial, social, and physical resilience, Bounce Back demonstrates 10 practical and hands-on techniques you can implement immediately to build your resilience and recover fiscally and emotionally from the most frequently experienced personal finance setbacks. You’ll also discover:

  • How to handle the ever-rising cost of living and the increased impact of high levels of inflation
  • Actionable strategies for burning down your debt as fast as reasonably possible
  • Practical advice for people who face discrimination and maltreatment in the financial, housing, and employment markets

An essential and endlessly inspiring roadmap to a better financial tomorrow, Bounce Back is an expert guide to transforming a seemingly impossible challenge into a manageable setback you can overcome with skill, faith, and resilience.

Review

"It may be hard to imagine digging yourself out of ... credit card debt and boosting your credit score. But it's possible—just ask Lynnette Khalfani-Cox." - CNBC

"Getting out of debt can feel incredibly isolating, but you don't have to go at it alone. Khalfani-Cox says you should be shrewdly discerning when creating a community of support for the journey to financial freedom." - Essence Magazine

"Emergency savings are the first line of defense against any life shock. Without that, divorce, disease, damaged credit and other 'Dreaded Ds' cited in Khalfani-Cox's book can cascade into bad financial moves because you have no other choice." - Reuters

"We all need to assume that at some point we'll have a setback, and we need to be ready for that." - Spectrum News

Bounce Back is a "relatable and inspiring guide to tackling money matters of all kinds. There is absolutely something here for everyone, so ... invest in yourself and grab this guide today!" - Sisters From AARP

From the Author

I consider Bounce Back to be the single most important book I've written -- mainly because it covers so many obstacles that people face.

It's tough when you go through life's ups and downs and the fallout from those problems linger month after month or year after year. With some hardships, other people might suggest you just "tough it out" or "get past it." I don't agree with that mindset.

Unfortunately, no one tells us how to deal with the emotional and financial pain of things like losing a job, going through a tough breakup, or facing discrimination. And far too often, when one calamity hits, another one is right behind it. So it feels like a one-two punch that's hard to overcome.

If you know what it's like to be knocked down by life's challenges, I wrote this book for you.

I wanted to share a message of hope and inspiration for anyone struggling with personal or financial problems.

Through the storytelling in Bounce Back , and the accounts of real-life people (myself included!) who have overcome setbacks, I want to offer the tools, strategies, inspiration, and support needed to help you also bounce back stronger than ever.

From the Inside Flap

In Bounce Back , veteran financial coach and educator Lynnette Khalfani-Cox delivers an easy-to-follow and singularly insightful discussion of personal finance and how to get ahead in an environment that can make just keeping pace with inflation and the rising cost of living a significant challenge. In the book, you’ll find proven and effective strategies to combat the 10 most common challenges Americans and other consumers face in their day-to-day financial lives, including downsizing, divorce, death, disability, disease, disasters, debt, and discrimination.

The author explains the steps you need to take to regain control of your finances after one or more setbacks, sharing practical advice, actionable strategies, and inspiring stories from people just like you who have encountered―and overcome―the same obstacles. She walks you through how she herself faced seemingly insurmountable challenges on her journey from six-figure consumer debt to a seven-figure net worth. And she draws on the hard-won wisdom of other money coaches, financial therapists, certified financial planners, psychologists, and others who have made it their missions to help the financially challenged build better lives.

Bounce Back emphasizes the importance of emotional, financial, social, and physical resilience in the face of financial difficulties. It also outlines 10 practical and hands-on techniques you can implement immediately to build your resilience and emotionally recover from any or all of the common setbacks described in this book.

An essential and real-world discussion of the critical topics that touch all of our lives, Bounce Back will prove invaluable to individuals and families of all backgrounds doing their best to cope with past or current hardships and get on the path to a better future.

From the Back Cover

FOREWORD BY Dr. DeForest B. Soaries, Jr.

Build a resilient, prosperous future

Bounce Back is an inspiring, entertaining, and no-nonsense guide to financial recovery by someone who went from being $100,000 in credit card debt to having a seven-figure personal net worth. Author Lynnette Khalfani-Cox explains exactly how she overcame a host of financial setbacks―and how you can do the same thing.

In the book, you’ll discover how to conquer the 10 most common and difficult challenges people face, including downsizing, divorce, death, disability, disease, disasters, debt, and more. You’ll find practical, hands-on strategies you can apply instantly to your life. No matter what your circumstances, Bounce Back invites you to begin a “spiral of success,” turning your obstacles into stepping stones to progress and transforming each day, week, month, and year, into a more prosperous time than the period before it.

An insightful and must-read roadmap to financial independence, security, and resilience, Bounce Back is the transformative personal finance guide that you’ll wish you found yesterday. It’s perfect for employees and entrepreneurs, young adults and members of more established generations, and anyone else who wants to make tomorrow brighter than today.

About the Author

LYNNETTE KHALFANI-COX is a personal finance expert, keynote speaker, and the widely read author of 16 money-management books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. She’s a former financial news journalist and co-owner of TheMoneyCoach.net LLC, a financial education company that offers financial education consulting, financial workshops, training programs, and more.