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The Ramsey Show Highlights

Ramsey Show Responds to the Most Hated Ramsey Advice

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 13 November 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today's episode features George Kamel & Rachel Cruze. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

brought to you by the every dollar app start budgeting for free today

0:06.1

I said that first one George this is this is very you thank you I don't know if that's a

0:10.1

compliment but I'll take it the first one we say is crypto is a terrible way to

0:15.2

invest and spend your money we say it and all the crypto I'm gonna say dudes it's not a I just don't feel like a lot of the women. I haven't ran into a lot of women. A lot of women don't get mad. Well, I think it's because women. The guys do. The guys are like, women use something called logic a lot. Or as guys are like, it's like a flex. It's like, come on man. Crypto. Now, you know, women have girl math. and so they're not innocent here. That's true. That's

0:37.7

true. We can justify some spending. Crypto, from the very beginning, I was just like

0:41.2

scratching my head about crypto and I thought, well, maybe I'm not dumb enough to understand. And the

0:45.4

more I looked into it, the stupider it got. And now on the other side of it, we kind of all know it was a farce. Just not good. And the reason is, I'll give you a real reason.

0:55.0

Crypto is not based in anything.

0:56.7

It's just based on hype.

0:58.0

When you even buy a single share of a company,

1:00.8

you're hoping that the company produces more profit and revenue,

1:04.2

whereas crypto is just, I made a coin.

1:06.3

This is the coolest, hottest coin.

1:07.8

Come get my coin.

1:09.0

And so it's very multi-level marketing vibes and so i always

1:12.6

joke that crypto is just mary k for young men for that reason which no offense to the mary k ladies okay

1:18.5

there are some some yeah die-hard merry kers they're out there so that's that the second thing people

1:22.8

just yeah they don't care for us on. You shouldn't use credit cards. Ooh.

1:28.8

We talk about this a lot.

1:30.5

That one increasingly is controversial.

1:38.2

Yeah, and people, you know, it's because the points and the airline miles, what they get from it, they claim is worth it.

1:45.7

But when you sit in R.C., we talk to so many people where credit cards are not a blessing. It's not a thing that has helped people. It's actually gotten people into a lot of trouble. And they end up being in a

...

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