8 money rules for a better life

Book Review: 'Financial Recovery: Developing a Healthy Relationship with Money'

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Book Review Title: "Financial Recovery: Developing a Healthy Relationship with Money" Author: Karen McCall Publisher: New World Library, 2011; 288 pages; $10.17 at There's a season for everything in life. And as a country, we've been in a season of economic recession for some years now. I could make quick work of compiling a laundry list of reasons Americans are in such a financial mess, from Wall Street to Main Street, from the housing sector to the employment market, but the reality is that underwater home values and a desiccated credit market ultimately surfaced the already tenuous nature of many an American's household financial well-being. When you regularly float living expenses on credit and simply live beyond your means, empowered by free-flowing credit, then credit goes bye-bye. What can no longer be floated sinks, savings deplete, the gap between income and expenses glares, and bad financial habits begin to threaten not just the finan...