meta_pixel
Tapesearch Logo
The Rachel Cruze Show

10 Ways You’re Losing Money Without Realizing It

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 10 February 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

📈 Are you on track with the Baby Steps? Get a free personalized plan.   Could you be losing out on money and not even know it?  In this episode, I’m reacting to a list of reasons why this can happen. Plus, you’ll learn three ways to hold on to more of your money in the first place.   Next Steps:  🎥 Watch my video 4 Ways You’re Ruining Your Budget (Without Realizing It).  💵 Start your free budget today. Download the EveryDollar app!   Connect With Our Sponsors:  🏥 Learn more about Christian Healthcare Ministries.  🔒 Get 20% off when you join DeleteMe.   Listen to More From Ramsey Network:  🍸 Smart Money Happy Hour  🎙️ The Ramsey Show    💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  💰 George Kamel  💼 The Ken Coleman Show  📈 EntreLeadership    Ramsey Solutions Privacy Policy  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I always enjoy hearing what other personal finance creators are saying about money, and I

0:09.4

recently saw a video from Nisha of called Seven Ways That You're Losing Money Without Realizing

0:15.1

It, and I thought that is so interesting. Saving you from wasting your money is something

0:19.7

that obviously I can get on board

0:21.3

with. So I thought I would kind of go through that list and react and then maybe give you three

0:25.4

of my own that I think are important to the subject. But before we dive in, make sure to subscribe

0:30.4

to this channel and share this episode with a friend. All right, according to Nisha's list,

0:35.3

the first way you might be losing money without realizing it is keeping your head in the sand.

0:40.4

And this is everything from avoiding hard conversations in your life, not asking for a raise, not communicating with your spouse, not reaching out to a financial advisor.

0:50.2

You know, you are like procrastinating when it comes to taxes or paying bills.

0:53.8

Maybe you're stressed out, so you're like, I don't even to taxes or paying bills. Maybe you're stressed out,

0:54.9

so you're like, I don't even want to look at it. Maybe you're not moving your money from, you know,

0:59.6

just a savings account to a high yield savings account or a money market account to earn more interest.

1:04.6

But like your head is in the sand. You don't want to know. You don't like it and that is causing you to waste a lot of money and I agree I do think this is

1:13.0

an important one to have on the list and I like that she has it at number one because ignorance

1:17.2

is not bliss when it comes to your money and people really do avoid this topic in their life

1:22.7

and understandably because they're stressed maybe there's some shame they have a lot of you

1:27.4

know regret from decisions they've made and so there's some shame. They have a lot of, you know,

1:27.7

regret from decisions they've made. And so there's kind of like a plug my ears. I don't want to

1:32.0

hear it. I'm going to just get through life. But you could be losing out on so much when you do

1:37.0

this. So you have to face the facts. And again, I really think that emotions drive so much

1:43.2

of our money and our money decisions,

...

Transcript will be available on the free plan in -46 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.