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The Ramsey Show Highlights

I Don't Know Where My Money Keeps Going

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 4 April 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.6

I'm struggling. Well, not really struggling, but after all expenses and everything that's

0:13.8

a necessity's paid, I have about $1,9002,000 left a month, and I just don't know where it's going. It seems like I just

0:27.3

spend it. So on paper, on paper, if you did what the paper said on what you spent, you'd have

0:32.3

two grand, but you're saying it's disappearing. It's being spent. Yes. Ah, do you want to know what this is a classic case?

0:40.7

You do what is called the treat yourself budget, which is I budget for all of the things that

0:45.9

are like necessities.

0:48.4

Like I budget for my rent, my car payment, my groceries, you know, a couple of, you know,

0:53.1

my cell phone bill, but everything

0:54.9

else is up for grabs and you treat yourself. And then next thing you know, you're like,

0:58.8

where did all, where did the money go? So does that sound about right? Yeah, yeah, that does

1:05.7

sound about right. Yeah. Like if you go to your bank account statement will tell you, right, right?

1:10.4

If you go to your bank account statement and you add up all the things that weren't the necessary expenses,

1:15.8

it would easily tell you what's going on, right?

1:19.0

Yeah.

1:19.5

So what would you say are the top three things this money is disappearing to?

1:26.9

Eating out.

1:28.8

Are you sports betting?

1:31.3

Gas station snacks?

1:34.5

Definitely gas station.

1:36.7

Okay, I've just guessed all three.

1:38.2

A little here, a little there.

...

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