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The Rachel Cruze Show

Save $5,000 in 3 Months?! (4 Easy Money Challenges to Try)

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 28 March 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

📈 Are you on track with the Baby Steps? Get a free personalized plan.   If you have a savings goal, the key to reaching it is going all in—even if it’s just for a short season! In this episode, you’ll learn four money challenges you can start today to help you pile up cash fast.   Next Steps:  🎥 Watch my video Find an Extra $400 in Your Budget in Just 24 Hours. 💰Take the 24-Hour Money Finder Challenge! 💸 Save $5,000 with the 100 Envelope Challenge. 💵 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

So I've been in the personal finance industry for well over a decade now, and I know one thing for sure.

0:12.3

The people who have the most success when it comes to money are the ones who fully commit to a process, even if it's for a season.

0:19.9

So today I'm going to share with you four

0:21.6

money challenges that you can start today to save hundreds of dollars very quickly. And spoiler

0:28.0

alerts, the last one is guaranteed to save you over $5,000 in just three months. So stay tuned.

0:34.9

And first, make sure to subscribe to the channel and share this episode with a friend.

0:39.2

All right.

0:39.7

The first challenge is the minimalist challenge.

0:43.7

So this came from the minimalists.

0:45.9

And they talked about this in their documentary.

0:49.1

And it was so good because it was so helpful to me.

0:52.9

And I actually did this one. And so what you do is you

0:56.4

throw away, donate, giveaway, whatever you want to do, get rid of, basically, an item in your

1:03.9

house. But it has to correlate with the date of the month. So let's say it's April 15th. Well,

1:10.0

you need to get rid of 15 items. And you can do this

1:13.8

with different categories, like you could say just like for my pantry or for my closet or my bathroom,

1:19.9

right, all the stuff that we have in our drawers, like whatever it is, areas of your house or it could

1:24.2

just be your whole house. But doing this, it was incredible, you guys. I mean,

1:27.9

seriously, but you get to like day 25 and you've been doing it all month. You're like, I'm finding

1:32.3

25 more items now. But it forces you into a system just to like purge and get rid of stuff. And

1:37.2

again, you can even sell some of your stuff and make money. So, for instance, you can make an extra like 300 bucks by selling a designer bag on Poshmark that you haven't worn or maybe an extra $500 for selling a sofa that you never use or $100 or $1,000 for electronics.

1:54.4

Like the range is endless.

...

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