The Biggest Financial Mistakes Americans Are Making Right Now

The Rachel Cruze Show

Ramsey Network

Self-improvement, Education, Investing, Business

4.8 • 3.6K Ratings

🗓️ 12 September 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

The economy may suck right now, but your bank account balance doesn’t have to. Let’s talk about how to avoid making big mistakes with your money. I’ll cover the crypto meltdown, the impact of upcoming elections, and why buy now, pay later companies are losing money (and if you use them, you are too). In this episode: Is This the End for Crypto? Why the Government Shouldn’t Be in Charge of Your Finances The Biggest Financial Mistake Americans Are Making Right Now Helpful Resources: 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. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The buy now, okay, later, companies are losing money, they're losing popularity because the
0:10.4	hype is just kind of gone so their value is going down, down, down.
0:14.1	People are using it in times of trouble, which when you're using debt to be your safety
0:19.2	net and causes more trouble in your life.
0:22.5	Welcome to this episode of the Rachel Crucio podcast.
0:25.6	I'm so glad that you're here.
0:27.8	So in this episode, we're going to talk about the biggest financial mistakes that Americans
0:31.8	are making right now.
0:33.8	We're also going to talk about companies out there that are not here to help you and how
0:38.8	it's affecting most Americans today in a really negative way.
0:43.2	So let's talk about what we can do to ensure that there's more money in your pockets.
0:48.6	We're also going to talk about the midterms and what that means for your family and your
0:53.3	money.
0:54.3	It's a little heart to heart, but first let's talk about the crypto meltdown.
1:00.6	What is happening?
1:02.0	How was it happening?
1:03.4	What are my thoughts?
1:04.4	Oh, you're about to hear.
1:05.7	So take a listen.
1:06.7	All right, there's been lots of buzz happening around the old world of cryptocurrency.
1:13.4	And I wanted to dive into it because people talk about this a lot and I've had a stance
1:18.3	on it, which my stance has always been not mad at it, but I don't think it's a great
	...

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