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The Rachel Cruze Show

Manage Your Money So You Never Go Broke

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 28 February 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

📈 Are you on track with the Baby Steps? Get a free personalized plan. The fear of going totally broke is real, but it doesn’t have to be your reality! In this episode, you’ll learn steps to take control of your money so you can start building wealth for the future. Next Steps: 💰 Purchase your tickets for the Investing Essential virtual eventInvesting Essentials virtual event, March 4-5! 💵  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. Explore More From Ramsey Network: 🍸 Smart Money Happy Hour 🎙️ The Ramsey Show   💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman  📈 EntreLeadership   Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

All right, if you're watching this video or any video on personal finance, maybe you just want one thing to know how not to go broke.

0:13.9

And listen, let's be frank.

0:15.1

We all know it has been a rough couple of years, you guys.

0:17.9

I mean, it's been really, really difficult for people.

0:20.5

I mean, honestly, you look back since COVID and I's been really, really difficult for people. I mean,

0:24.5

honestly, you look back since COVID and I'm like, everything's, stuff's changed. Like,

0:29.1

I feel like prices have gone up. People's jobs have changed. Like, there's been a lot of shifting. And when that happens, it can make money that much more difficult. And as inflation continue

0:34.1

to rise and all of it, it's just been a really hard couple of years. And I think

0:37.9

we can look back over the span, you know, 40, 50 years. And there's times where things are good and,

0:43.5

you know, people are doing great. And then there's just other times where it's hard. And I feel like we're

0:47.0

going to look back and be like, yeah, those were a hard couple of years. So if you feel like, gosh, I am paycheck to paycheck. I feel like I kind of am broke, but I'm trying my best.

0:54.8

You are not alone. But again, I'm glad you're watching these videos because I want you to go

0:59.7

above that, right? I want you to get to a place where you are confidence and you feel very

1:04.5

assured that, yes, I know what I'm doing and I have a good plan so that you're not just surviving, but you end up thriving too with your money.

1:11.8

And so today, I want to teach you how we can do this. So make sure to stick around because I'll

1:16.2

share what to do after this so that you can build long-term wealth. But we're going to start with the

1:21.9

basics of how not to go broke. But first, make sure to subscribe to this channel and share this

1:26.2

episode with a friend. All right, the first thing I'm going to tell you to do, we sure to subscribe to this channel and share this episode with a friend.

1:30.3

All right, the first thing I'm going to tell you to do, we're just going to get right to it, you guys, is I want you to budget.

1:31.9

So downloading every dollar, which is our budgeting app, is incredible because doing a budget

1:37.1

every single month is really one of your first steps of being intentional with money.

1:40.9

Part of this idea of feeling like we're out of control with money is that we don't know

...

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