Challenge: Explaining Investing “Like I’m 5 Years Old”

Smart Money Happy Hour with Rachel Cruze and George Kamel

Ramsey Network

Business

4.9 • 2.8K Ratings

🗓️ 25 July 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

💵 Sign up for EveryDollar today to create a free budget! Consider this episode your crash course in investing! We get it—investing can be confusing. But don’t worry, Rachel and George are here to break it all down for you in a way that’s so simple even a five-year-old could understand. Next Steps 📱Submit a Guilty As Charged question for Rachel and George! Send a DM to @rachelcruze or @georgekamel on Instagram! Be sure to type “GUILTY?” at the top of your message so we don’t miss it. 🎥 Check out our video where we explain our most hated financial advice. 💰 Use the Ramsey Investment Calculator to find out your earning potential! 💸 Find an investing pro today! Offers From Today's Sponsors This episode is sponsored by DeleteMe. 🔒 Remove your personal information from the web and get 20% off your DeleteMe plan when you go to www.joindeleteme.com/smartmoney. Today’s Happy Hour Special: 🍋‍🟩 Moscow Mule Recipe: Difford’s Guide Ingredients: • 2 ounces vodka • 1/2 ounce lime juice • 1/3 ounce sugar syrup • 3 ounces ginger beer • Ice Instructions: In a copper mug, stir together vodka, freshly squeezed lime juice, and sugar syrup. Then, add ice so it fills the mug two-thirds of the way and top with ginger beer. For added flair, serve with an optional lime slice and mint sprig. Listen to More From Ramsey Network 💡 The Rachel Cruze Show 💰 George Kamel 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💼 The Ken Coleman Show 📈 The EntreLeadership Podcast Ramsey Solutions Privacy Policy

Transcript

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0:00.0	What's up guys? This episode is brought to you by our favorite budgeting app,
0:03.6	Every Dollar. Rachel and I love Every Dollar because it is the easiest way to
0:07.6	take control of your money, build the right habits, and make progress on your
0:11.2	goals. You can download it for free on the app store or Google Play today.
0:17.0	Hey guys, I'm Rachel Cruz. I'm George Camel and this is the show where two friends who
0:38.3	have to be many experts talk about what you're talking about everything from pop culture
0:41.6	current events and money.
0:43.3	And today we're addressing one of the most frequently asked questions we get.
0:47.8	We get a lot of questions, but this one is, this one takes the cake.
0:50.6	For sure, okay, so what are we sipping on while we chat about it?
0:53.1	This, if you know your drink vessels, this is a Moscow mule. It's in a traditional copper mug and it is very cold to hold.
1:01.7	It's freezing, actually.
1:04.0	Well, before we dive into that, George,
1:06.0	should we just take a little quick trip down memory lane
1:10.0	back years ago when we had a dream.
1:13.0	We had a dream of having a podcast where we have a cocktail,
1:19.0	talk about fun topics, laugh, cry, enjoy ourselves when it comes to this idea of money.
1:26.6	And now George, look at us 100 episodes later.
1:31.0	Happy 100thth birthday George.
1:33.4	Wow!
1:34.4	A dream that becomes reality.
1:35.4	I gotta say we look great for a hundred.
	...

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