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The Rachel Cruze Show

12 Financial Fails Everyone’s Guilty Of

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 29 April 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today. Create a free budget! From getting sucked in to one too many sales to overspending on our summer wardrobe (hello, trendy new sunglasses), we’ve all made money mistakes at some point. In this week’s episode, I’m sharing twelve common financial fails—so we can be extra careful about avoiding them! In This Episode: · 5 Sneaky Ways Stores Make You Spend More · 3 Job-Hopping Errors That Will Impact Your Wallet · 4 Financial Mistakes People Are About to Make Next Steps: · 🛒 Are you wasting money at your favorite stores? https://www.youtube.com/watch?v=Z1dksNiuToo · 📉 Get investing help from a pro: https://www.ramseysolutions.com/retirement/dave-ramsey-smartvestor?campaign_name=SV_PaidSearch&gad_source=1&gclid=CjwKCAjwoPOwBhAeEiwAJuXRh8IOa2FUC2pOZdDm-qKuFyQm0BuAlOFjHD3hyl56H_E1JWeLYpEJMRoCim4QAvD_BwE · 🤩 Set financial goals at any income level: https://youtu.be/9q-UTjlP3hI · 😎 Check out these affordable staycation ideas: https://www.ramseysolutions.com/saving/staycation-ideas · 📚 Try these tech-free summer activities that your kids will actually like: https://www.youtube.com/watch?v=qYSe-2ZRxzU · 🐰 Spark family conversations about gratitude with my latest kids book: https://store.ramseysolutions.com/youth/children/im-glad-for-where-i-am-by-rachel-cruze/ Offers From Today's Sponsors 🏥 Learn more about Christian Healthcare Ministries. Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Summer is officially upon us. Your budgeting BFF Rachel is over here thinking

0:10.8

about all the ways that people are going to overspend.

0:13.5

So yeah, financial mistakes that you should be careful to avoid in the coming weeks and months. Hey guys welcome to this episode of the Rachel Cruz Show podcast I'm so glad that

0:26.6

you're here so in this episode we'll chat about the biggest mistakes people

0:30.5

make when changing jobs then I'll talk through four financial

0:34.0

mistakes you should avoid making this summer. But first let's talk about the

0:38.0

sneaky ways stores trick you into spending more money. Take a listen.

0:42.3

So there is a lot of division in the world today,

0:46.4

but I think one thing we can all agree on is that we tend to overspend at targets. You know, I see the

0:51.6

memes all the time of people confessing as the Target

0:54.7

Checkout line really got them today and listen I 100% relate. But Target isn't the

1:00.0

only store where people tend to overspend. In fact there are intentional marketing

1:05.2

tactics behind every single store. If you've ever stepped foot in one you are part of

1:10.5

it you guys you experience it and may not even realize it so today I'm sharing

1:14.9

five of the most common tricks stores pull in in order to have you spend more money and

1:20.6

number five on the list gets me the most fired up. So make sure to stick around for my hot take.

1:27.2

The first strategy that stores use to get customers to spend more money actually feels like

1:31.9

they're doing you a favor at first. You think,

1:34.5

oh wow, Nordstrom, you're really rooting for me to give me the best deal. So nice of them.

1:41.6

But listen, I hate to break it to you, but the rewards that programs are not

1:45.8

doing you the favor you think they are. So whether it's a $20 birthday coupon or get

1:52.1

10% off when you spend more than $150. Their goal is to get you to spend

...

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