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The Rachel Cruze Show

Overlooked Expenses That Are Stealing Your Paycheck

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 22 January 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

You know that anxious feeling you get every time you open your bank app to check your balance? If you do, it’s probably because you’re living paycheck to paycheck. This week, I’ll show you how to get to the end of your month and still have money in the bank. Plus, we’ll talk about five expenses that will wreck your car budget and how to spend your money with your future in mind. What you get in this episode: How to Stop Living Paycheck to Paycheck 5 Sneaky Expenses People Overlook When Buying a Car Appreciating vs. Depreciating Assets for Beginners Helpful Resources: Start budgeting for free with EveryDollar. Get the Ramsey Car Guide. Discover your earning potential with our Investment Calculator (it’s free!). Learn more about Christian Healthcare Ministries. 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: https://www.ramseysolutions.com/company/policies/privacy- policy

Transcript

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0:00.0

Something not enough people talk about or really understand is the importance of investing

0:10.8

and appreciating assets instead of depreciating assets.

0:15.0

Some of you might fall into this trap

0:17.0

by throwing money away on things

0:18.0

that have no long-term value.

0:22.0

Hey guys, welcome to this episode of the Rachel Cruise Show podcast.

0:25.9

I'm so glad that you're here.

0:27.9

In this episode, we'll go over what expenses might be stealing your paycheck

0:31.4

without you even realizing it.

0:33.5

I'll share five expenses that people tend to overlook when purchasing a car.

0:38.0

And then I'll explain the difference between appreciating and depreciating assets.

0:43.0

But first, let's talk about how you can finally stop living paycheck to paycheck in the new year.

0:48.4

Take a listen.

0:50.4

So whether you've been following the Ramsey plan for a while or maybe you're brand new to this channel

0:55.2

You've probably heard the saying living paycheck to paycheck, but have you ever stopped to think what does that actually mean?

1:02.4

Well, it's that feeling that all of us have had a stop to think what does that actually mean?

1:02.6

Well, it's that feeling that all of us have had at one point or another

1:06.1

where we're desperately looking ahead for the next paycheck to be able to get through current

1:10.8

bills.

1:11.8

And this usually happens for one of two reasons, sometimes

1:14.7

both. Number one, either you're not making enough money to cover your essential expenses,

1:20.1

like your four walls, food, shelter, utilities, and transportation.

...

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