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The Rachel Cruze Show

Why Americans Are Spending Money Faster Than Ever Before

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 2 December 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

💵 Start your free budget today. Download the EveryDollar app!    We used to have to wait for stores to open, but online shopping has made it possible to spend 24-7! In this episode, you’ll learn five tips for sticking to your budget when the urge to splurge strikes. Next Step:  🎥 Watch my video Signs You’re Addicted to Shopping (With Dr. John Delony).    Connect With Our Sponsors:  🏥 Learn more about Christian Healthcare Ministries.  🔒 Get 20% off when you join DeleteMe.   Listen to More From Ramsey Network:  🍸 Smart Money Happy Hour  🎙️ The Ramsey Show    💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  💰 George Kamel  💼 The Ken Coleman Show  📈 EntreLeadership    Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Hey, you guys, Cyber Monday deals are here. So shop meaningful Christmas gifts that won't bust your budget right now at

0:07.9

Ramsey Solutions.com slash store.

0:15.5

Hey, you guys, so recent data is finding that fewer people are shopping in store than they were just 20 years ago.

0:22.7

But studies are also finding that consumers are spending more money than ever before.

0:27.1

So how can both of these things be true?

0:29.2

Well, that's what we're going to talk about today.

0:31.1

And stay tuned because I'm also sharing five tips to keep you under budget while most of the country is falling for all these consumer

0:38.3

traps.

0:39.2

And before we get started, make sure to hit that subscribe button on this channel so you don't

0:43.2

miss a future episode.

0:45.1

New data from the Bureau of Labor Statistics says that stores are seeing significantly less

0:50.8

traffic than just a few decades ago.

0:53.4

But the price of daily essentials has gone up,

0:57.3

and we all know this because we're feeling the pain, right? Just because we're not in-person

1:00.7

shopping, even if we're doing it online, man, things are getting more and more expensive.

1:06.4

And the reason that both of these things are true at the same time is because online

1:10.2

shopping has just

1:11.1

taken over right i mean we don't go into actual stores anymore because it's all at our fingertips

1:16.8

i mean literally from from amazon to instacart to online bills and baking i mean we are spending

1:23.7

hundreds every single week without even leaving our house. I mean, it is wild how much

1:29.7

you can do, how much shopping, how much buying, just your phone. I'm like, even our pizza place

1:36.6

has an app. So it's like you hit the app, you hit the app pay, you pay it with a literally two

...

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