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The Rachel Cruze Show

Save or Splurge? How to Handle Big-Ticket Items

The Rachel Cruze Show

Ramsey Network

Self-improvement, Education, Investing, Business

4.83.6K Ratings

🗓️ 17 April 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

When it comes to big-ticket items, we always want to know if the expense was worth it. In this episode, I’m sharing what I really think of my Tesla (plus a story my dad doesn’t even know!). We’ll also talk about what happens when people splurge on cars a little too often, and I’ll go over how I’m saving for my next big trip.   In this episode: ·      The Story Not Even Dave Ramsey Knows ·      Could This Cause the Car Industry to Collapse? ·      The Dream Vacation I'm Saving For Helpful Resources: Christian Healthcare Ministries EveryDollar                                                 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So I love sinking funds because you just put a little bit of money aside every single month

0:10.8

in a specific category.

0:12.5

Those small amounts add up to be the big chunk of money that you need.

0:16.7

Versus getting to it, you're like, oh my gosh, we got it from up with all this money.

0:21.0

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

0:25.4

I'm so glad that you're here.

0:27.5

So in this episode, we're going to talk about how to handle big ticket items, which

0:31.7

wins are worth splurging on, which wins aren't.

0:35.4

And I'll go over how I'm saving up for a dream vacation right now.

0:39.6

Then I'll talk about why it might be the worst time to buy a car.

0:44.5

But first, let's talk about a story that I've only told maybe five people on the entire

0:49.3

planet about.

0:51.4

It's about my Tesla.

0:53.0

And I'll also tell you if I think it's worth the money.

0:56.0

So take a listen.

0:58.0

This is going to be a fun one because I'm going to confess something on camera that only

1:03.9

like five people in the universe know.

1:06.1

Yep.

1:07.1

Even my family doesn't know.

1:08.5

My dad doesn't know.

1:09.6

My mom doesn't know.

1:10.6

So Dave and Sharon Ramsey, if you're watching this video or listening to this podcast, which

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