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The Rachel Cruze Show

Habits That Boost Your Wealth-Building Progress

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 17 June 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today. Create a free budget! This week, I'm talking about what to do once you’ve saved your first $1,000, revealing the hidden truth behind 0% interest deals, and exploring successful investing routines. I weigh in on some popular financial advice, offer smart steps for saving, and share habits that help grow your wealth. In This Episode: · 5 Things to Do After Saving $1000 · What’s the Catch With 0% Interest? · My Annual Investment Routine Next Steps · 🎥 Watch my video on 25 fast ways to save $1,000. · 🚗 Check out my video on five cars to never waste your money. · 💵 Go to my video revealing six legit ways to earn passive income. · 💸 Learn to win with money by enrolling in Financial Peace University. · 💰 Navigate your investments with expert guidance from SmartVestor Pro. Offers From Today's Sponsors · 🏥 Learn more about Christian Healthcare Ministries. · 🧩 Use code Rachel20 for 20% off your TruPlay annual subscription Listen to More From Ramsey Network 🍸 Smart Money Happy Hour 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Ramsey Solutions Privacy Policy

Transcript

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0:00.0

So one of the toughest but truest lessons in life is that when something seems

0:10.4

too good to be true it usually is. The old zero percent interest trick.

0:15.8

This one is a marketing scam that should be avoided at all costs.

0:20.0

Hey you guys, welcome to this episode of the Rachel Cruise Show podcast I'm so glad that you're here

0:27.2

so in this episode we'll discuss zero percent interest and if it's truly too good to be true, then we'll chat about investing

0:35.2

and what my annual investment routine is, but first I want to talk about five

0:40.4

things to do after you save a thousand dollars.

0:43.9

Take a listen.

0:46.0

So there's a video going around the internet right now

0:48.7

that's all about what to do after you save your first

0:51.3

thousand dollars.

0:52.2

Well, that immediately grabbed my attention for two reasons.

0:55.0

First of all, because people typically disagree with me when I say that a thousand

1:00.1

dollars is a really good savings goal and where you and again I was surprised that somebody else was using that $1,000 number

1:06.7

So I thought well that's great and second is because I wanted to see if I agreed with his advice

1:10.8

So today I'm gonna be reacting to the five things

1:13.8

that this Creator said to do after you hit your $1,000 savings goal.

1:18.3

Plus I'll be sharing my personal savings philosophy

1:21.2

so that you can make sure that you are right on track.

1:24.0

So stick around to the end, so you can hear my number one tip

1:27.2

to actually making saving money fun,

1:29.7

because it can be fun, you guys.

...

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