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The Rachel Cruze Show

How to Reach Your Money Goals (and Still Have a Life)

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 14 August 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Here’s a little-known secret: Winning with money is only 20% math—the other 80% is all about your choices. And the best time to start making smart money choices is right now! Today, I’ll show you how to get started, share some helpful tools, and walk you through a few options to consider in order to reach your goals and create a life you love. What you get in this episode: · How to Save Your First $100,000 · Can You Afford a Bigger Home? · Is the FIRE Movement Too Good to Be True? Helpful Resources: · Start budgeting for free with EveryDollar. · Find a Ramsey Trusted Real Estate Agent near you. · See your earning potential with our Investment Calculator. · Learn more about Christian Healthcare Ministries today! Sponsors pay the producer of this show, The Lampo Group, LLC, advertising fees for mentioning their services or products during programming. Advertising fees are not based upon or otherwise tied to any product sale or business transacted between any consumer or sponsor. The following sponsors have paid for the programming you are viewing: Christian Healthcare Ministries. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Well, the Ramsey Cash giveaway is back, and you could win one of our $500 weekly prizes

0:05.9

or the $3,000 grand prize. To enter, all you got to do is go to RamseySolutions.com slash giveaway.

0:13.5

And make sure you come back and enter every single day for more chances to win.

0:18.0

There's no purchase necessary, but you must be 18 or older to win.

0:21.7

We're going to talk about the fire movement. Fire stands for financial independence retire early.

0:34.8

So we're going to unpack it, and I'm going to react to a video of a couple who plans to retire at 35 years old.

0:44.4

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

0:50.1

So in this episode, we're going to talk about how to reach your money goals, but still have a life.

0:54.9

Sometimes it feels like you can't do both, but you definitely can. I'll go over if the fire movement

1:00.8

is actually too good to be true, then I'll go over how much house you can afford based on different

1:07.6

incomes. But first, let's talk about how you can save your first $100,000, and it's possible,

1:13.8

you guys. So let's talk about how you can do it. Take a listen. I've had people ask me this before,

1:19.6

and they're like, okay, so how do you save $100,000? So with that, let's walk through how to save

1:25.6

that amount of money and what you should do with that money once you've saved it. So first of all,

1:30.3

the best way to have success with saving is what I call the seven baby steps. So the baby steps

1:36.9

are a proven system that I've helped hundreds of thousands of people take control of their money

1:41.5

by budgeting, paying off debt, and saving money wisely. Plus, it's a strategy that I use to save my

1:47.1

first $100,000. So the first step of saving $100,000, no matter what your finances look like right

1:54.2

now, is to make sure you're doing a monthly budget and have a starter emergency funds. So that's

2:00.4

because your budget is a plan for your money. And if you want to get $100,000, then your budget is

2:06.5

the roadmap to get there. And personally, I use every dollar. It's a budgeting app that I highly

2:12.0

recommend. It's completely free. It's really easy to use, fully customizable to you and your

...

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