How Does a Spender Develop the Habit of Saving?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 13 July 2021

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	this is the ramsie call of the day part of the ramsay network
0:09.2	joining me today is ramsie personality dr chondeloney
0:14.2	kyle's in amarillo hi kyle how are you? Hi, I'm good.
0:21.9	Good. How can we help?
0:30.2	So my question was, how does, okay, so like, how does a spender learn how to get in a habit of saving?
0:36.4	Just because I, I love to spend, I have a habit of just spending and spending and spending.
0:42.6	And I'm, since now that I'm 19, I've got to get in the habit of saving while I'm young instead of keeping that habit of spending, spending, spending.
0:48.0	Okay.
0:49.0	Well, I'm a spender too, so I can relate to that.
0:52.1	Are you a spender or a saver?
0:53.0	You're a spender.
0:53.8	I'm a spender. You're a spender or a saver? You're a spender. I'm a spender.
0:54.5	You're a spender.
0:55.1	Yeah.
0:55.3	Shea's a saver.
0:56.4	Yeah.
0:56.8	So there's a couple of things.
0:59.1	You need a reason to do it.
1:03.3	Why?
1:05.4	And right now you don't really have a reason other than this feels like it's wrong. But when I went broke and I
1:11.9	had to learn, okay, I know I'm not a natural saver, but saving money seems wise versus being
1:19.0	broke, which is kind of what you're saying, Kyle, right? And so how do I do that? Well, what I
	...

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