Ep 156: Survive & Advance | The Ultimate Guide to Financial Resilience with Lynnette Khafani-Cox

rich & REGULAR with Kiersten and Julien Saunders

This week we’re joined by author and personal finance expert Lynnette Khalfani-Cox to discuss the importance of financial resilience and the strategies for bouncing back from setbacks. Lynnette dives into the core concepts from her book "Bounce Back: “The Ultimate Guide to Financial Resilience and explores the emotional side of financial challenges. In this refreshingly candid interview, Khalfani-Cox gets real about the psychological toll of money woes and those dreaded "Ds" that can decimate your finances: Debt, Downsizing, Divorce, etc. This isn't just about spreadsheets and hacks. It's a master class in self-compassion as a survival strategy.

Lynnette also provides insights into her writing process, dealing with pressure/deadlines, and setting realistic expectations when she working on the book and workbook. Whether you're struggling with debt, recovering from a job loss, or simply want to become more financially resilient, this episode is packed with wisdom and real-world advice for bouncing back stronger than before.

Get Lynnette’s new book Bounce Back: The Ultimate Guide to Financial Freedom Connect with Lynnette on her website, Instagram, Twitter, or LinkedIn

Key Takeaways:

• The Power of Personal Stories: Lynnette shares moving personal accounts that illustrate the resilience needed to overcome financial hardship and life's inevitable curveballs.
• Mental Health Comes First: Before tackling practical money issues, Lynnette emphasizes taking care of your mental and emotional well-being through self-compassion.
• Overcoming Shame: Breaking down the barriers to asking for help and support from one's community when facing difficulties.
• Practical Tips: The "zero debt mindset" philosophy and the "switch and save" strategy for paying down debt more effectively.
• The Long Game: Understanding that financial decisions have long-term impacts and that building true resilience is an ongoing process.

Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.

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