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The Rachel Cruze Show

Major Misconceptions Keeping You From Building Wealth

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 31 July 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Your comfort zone can feel like your best friend . . . but actually be your worst enemy when it comes to being smart with money. In this episode, you’ll find out what I’m learning about comfort, get a breakdown of how to budget a tight income, and challenge your gender stereotypes around money. What you get in this episode: · 5 Impactful Things I'm Learning Right Now · How I Would Budget $3,600 a Month · Controversial Gender Stereotypes Around Money Helpful Resources: · Christian Healthcare Ministries · EveryDollar · Ramsey Car Guide · Op Games 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, Op Games. 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

You ultimately hold the power and potential when it comes to your money. Your gender,

0:32.0

your relationship status, your background, nothing. It needs to stand in the way of you being

0:36.9

able to build wealth. Personal finance is 80% behavior. It's only 20% had knowledge.

0:43.9

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

0:49.9

So in this episode, I'll debunk some controversial money myths about men and women.

0:56.0

Then I'll go over how I would budget a $3,600 monthly income so you don't want to miss it.

1:02.0

But first, let's ship in to five impactful things I am learning right now. Take a listen.

1:08.8

Today, I'm going to share five impactful things that I learned from reading a book. It was a book

1:13.3

that I read over Christmas, and I will give my brother credit because he brought it. And then he

1:18.3

bought a copy for my dad. And then I read it, and then my mom read it, and we all passed it around.

1:23.5

But the book was called The Comfort Crisis. And you guys, I'm a big reader. I love to read.

1:30.2

And this was one of the best books that I have read. So it's in the nonfiction category. A lot

1:34.3

of my books are fiction, but it's really, really good. So the author's name is Michael Easter.

1:40.0

And it just like really pushed me out of my comfort zone, you guys, as I was reading it because

1:45.4

the whole premise is basically how we are a culture that is so dependent upon our comfort.

1:51.0

Okay, the comfort crisis. So everything, like physically, even our houses, our cars, the air

1:57.5

control that we have of the temperature, where we are physically, where we are mentally and

2:01.9

socially and spiritually, everything is just to keep us comfortable and safe and all of it.

...

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