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So Money with Farnoosh Torabi

29: Rachel Cruze and Raising Money Smart Kids

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 9 February 2015

⏱️ 26 minutes

🧾️ Download transcript

Summary

For Rachel Cruze, growing up as the daughter of Dave Ramsey was a powerful character building experience that helped her establish good habits early in life. She wrote about those lessons in her book Smart Money Smart Kids, co-authored by her dad, which debuted at #1 on the New York Times best-sellers list. Rachel is now a seasoned communicator and presenter who has been speaking to groups as large as 10,000 for more than a decade. She uses those early experiences from growing up in the Ramsey household to educate America’s students and young adults on how to handle money and stay out of debt. Three takeaways from this interview: Rachel didn’t always do right by her money. She shares her biggest money mistake. Rachel talks about how having a higher income doesn’t always fix problems. And How to NOT to raise lazy, entitled kids. For the full transcript go to SoMoneyPodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 29, Rachel Cruz.

0:04.0

You're listening to So Money with award-winning money guru

0:08.0

Farnoi Schorabi.

0:09.0

Each day get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnus yourself.

0:18.0

Looking for ways to save on gas or double your double coupons?

0:22.0

Sorry, you're in the wrong place. save on gas or double your double coupons?

0:22.6

Sorry, you're in the wrong place.

0:24.7

Seeking profound ways to live a richer, happier life.

0:28.1

Welcome to So Money.

0:30.9

Welcome back to Snow Bunny, everyone. I'm your host,

0:33.6

Farnoosh Tarabi. Today's guest was raised by a highly successful

0:38.6

celebrity parent who knows a think or two about money, to say the least. For Rachel Cruz growing up as the

0:46.3

daughter of Dave Ramsey was a powerful character-building experience that helped

0:51.6

her establish good habits early on in life.

0:54.9

She wrote about those lessons in her book entitled Smart Money, Smart Kids, co-authored with her

0:59.9

dad, and it debuted number one on the New York Times bestsellers list.

1:05.0

Rachel's now a seasoned communicator and presenter who's been speaking to groups as

1:09.2

large as 10,000 for more than a decade. And she uses those early experiences from growing up in the Ramsey

1:15.7

household to educate America students and young adults

1:19.1

on how to handle money and stay out of debt.

1:21.9

Now, three takeaways from my time with Rachel, she shares how she

1:27.2

didn't always get it right with her money. In fact, she takes us down memory lane and

...

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