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The Rachel Cruze Show

Red Flags and Surprises That Could Slow Down Your Money Goals

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 21 August 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

Think you have what it takes to be a millionaire? If you’ve got big money goals, then the last thing you need to do is make bad decisions that will slow you down. Watch out for these red flags that could be keeping you from becoming wealthy. What you get in this episode: · 5 Signs That You Will (or Won’t) Be Wealthy · Are Credit Card Rewards Going Away? · Why 37% of Americans Are in Financial Trouble Helpful Resources: Christian Healthcare Ministries EveryDollar Ramsey Car Guide 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

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

I saw an article that claims new legislation could result in credit card companies

0:32.8

slashing their rewards. There's a lot that goes into this, so we're going to break it down.

0:37.8

But what I want you to know is that this could be a good thing for you.

0:43.6

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

0:49.6

So in this episode, we're going to talk about red flags and surprises that could slow down

0:54.2

your money goals. I'll talk through a recent article that came out stating that a handful of

0:59.0

Americans can't cover a $400 emergency in cash and what you can do to ensure you have a good

1:05.6

emergency fund. Then let's talk about how credit card rewards could be going away and why you'd

1:11.3

be better off for it. But first, let's talk about five signs that you will or won't be wealthy.

1:17.8

Take a listen. So I saw an article that lists five things that stop people from taking control

1:24.7

of their money and building wealth. Typically, I don't buy into the myth that some people can

1:30.4

build wealth and others can't. I really do believe in the power of hope and the power of change

1:35.6

and that you have the ability to take control of your future. It all might sound a little cheesy,

1:40.1

but really your mindset is so powerful. So I'm curious to go through this article and see if I agree

1:46.8

with their points or if I don't. And maybe these things are things that could help you slow down

1:53.2

or maybe you realize, gosh, these things are standing in my way. And instead of just automatically

1:57.9

thinking you'll never reach financial peace, you might have a change of heart. So let's take a

2:02.5

look at the article's list. It says the first sign that you won't be wealthy is that you have a

...

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