How to Spot Hidden Costs and Money Traps

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.8 • 3.6K Ratings

🗓️ 9 October 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Being smart with money means you have to know where to cut back and where it's actually worth it to spend top dollar—from big life events to your breakfast cereal. In this episode, learn what it really costs to have a baby today, things people commonly get wrong about money, and whether buying generic could save you big . . . but is it worth it? What you get in this episode: · What Does It Cost to Have a Baby Today? · 5 Things People Get Wrong About Money · Is Buying Generic Brand Groceries Really Worth It? Helpful Resources: · Christian Healthcare Ministries · Better Help · EveryDollar · Financial Peace University 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 and Better Help. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	The key is I want you to put your hard-earned money into something that has a proven track record
0:09.5	to have something that I know.
0:11.5	With confidence, sure, the market goes down some, absolutely, but it also goes up a lot.
0:16.0	Hey, guys.
0:17.0	Welcome to this episode of The Rachel Crew Show Podcast.
0:20.4	I'm so glad that you're here.
0:22.6	Okay.
0:23.6	One thing that helps so much to get this podcast in front of other people that may not
0:27.4	know it even exists is your reviews.
0:30.8	Yes.
0:31.8	When you subscribe or leave a review, it helps with the algorithm because we want so many
0:35.9	people to listen to podcasts like on the Ramsey Network because we want to help you get
0:41.0	in control of your money and everyone else out there.
0:43.5	So please do that for me.
0:45.4	Leave a review if you can.
0:46.4	It would be so, so helpful.
0:48.2	But in this episode, today, we're going to talk about how to spot hidden costs and money
0:52.9	traps.
0:54.0	I'll go over buying generic brands, over name brands, and if it's worth it.
0:58.8	Then we'll talk about five things people get wrong about money.
1:02.6	But first, let's talk about a medical expense like a cost you thousands and what to do about
1:07.2	it.
	...

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