meta_pixel
Tapesearch Logo
The Rachel Cruze Show

This Couple Turned Paying Off $32,000 Into a Game (My Reaction)

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 5 March 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

📈 Are you on track with the Baby Steps? Get a free personalized plan. Sometimes it pays to get creative (literally!). In this episode, hear about how one couple’s “game” changed everything about their approach to money—and could change yours too. Next Steps: 🎥 Watch my video The Fastest Way to Pay Off Debt in 2025. 💰 Start winning with money! Enroll in Financial Peace University. 💵 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  📈 The EntreLeadership Podcast   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 recently heard about a couple that paid off $32,000 in debt, and it all started with a game that they made up called consumption.

0:14.2

So they ended up using the debt snowball method and working the baby steps.

0:18.2

And since they kind of accidentally fell into the Ramsey Way,

0:21.1

I thought we could unpack more of their story today

0:23.6

because it is so interesting.

0:25.3

And then later I'll share my own top five products

0:28.9

that I always have a risk of overconsuming

0:31.9

and wasting my money on, so stay tuned.

0:34.6

But first, like this video and subscribe to the channel

0:37.2

so you don't miss a future episode

0:38.9

all right the rules of their game were this you have to use up all of what you currently have

0:45.1

of a specific item before repurchasing it so this is candles expired spices batteries skin care clothes, that are out of style, but they're still in good

0:57.1

condition. So it sounds really simple, but good marketing can convince anyone that they need

1:01.9

extra stock of some things, right? They have bogos sales, restock organization videos online.

1:08.0

It's like, get all this stuff. You think about the COVID toilet paper crisis.

1:12.5

Never forget. Everyone's like panicking and needing more and they're like stocking up,

1:15.9

stocking up. Now, once this couple started really living minimally, they decided to get one step

1:21.7

further and start paying off their debt with that extra margin. And so using the debt snowball

1:26.0

method, they paid off $32,000 in debt

1:28.9

in just two years. So if you're not familiar with the debt snowball method, this is the way here at

1:33.3

Ramsey we talk about tackling debt. So this is where you list out all of your debts,

1:37.8

smallest amount to largest amount, regardless of the interest rate. You're going to pay

...

Transcript will be available on the free plan in -22 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.