3 Things Society Doesn’t Want You To Know About Money

In our culture today, you might hear people say things like:
“It’s impossible to graduate from college without taking out student loans.”
“You can’t buy a car or have nice things without debt.”
“The only way to become a millionaire is to be born into a rich family.”
But believe it or not, our culture doesn’t always tell the truth. Shocking, I know.
So, in the latest episode of The Rachel Cruze Show, I’m going to set the record straight. You’ll learn:
• Three truths society doesn’t tell you about money
• How a school teacher paid off $40,000 of debt in just 14 months
• The proven plan to become a millionaire, no matter your income
Resources (everything mentioned in this episode):
Become a Financial Peace University Coordinator! www.daveramsey.com/church/coo...
The 7 Baby Steps: • The 7-Step Plan to Liv...
Smartvestor Pro: www.daveramsey.com/smartvestor
Investment Calculator: www.daveramsey.com/smartvesto...
Zander Insurance: bit.ly/2Pd6Nss
Financial Peace University: www.rachelcruze.com/store/pro...
Everyday Millionaires: www.chrishogan360.com/store/p...
Show page: www.rachelcruze.com/show/3-th...
Sponsors pay the producer of this show, The Lampo Group, LLC, advertising fees for mentioning their services or products during programing. 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 programing you are viewing:
- Zander Insurance
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[@lilliad]

My husband and I are about to reach our half way of Baby step #3. It feels amazing not to have debt!!!. Keep it up people!!!! It’s possible!!!. 💫

[@calvinraab8798]

One thing I don't think society wants you to know is that personal finance truly isn't that complicated and it can be learned and enjoyed by anyone.

[@RachelCruze]

We agree! - The RC Team

[@stevensalazar6296]

1. You have to change your mindset - Money is 80% behavior, 20% head knowledge. 2. Stop believing the lies - debt is normal. 3. Get a plan - 7 baby steps.

[@ruthe5874]

The Ramsey and Hogans have kept me out of debt. I am fifty six without a retirement but am going to become focused on paying off the house. I wish I was younger and knew this. Thank you. Thank you.

[@themontephone875]

Ruth e . I was doing what they said as a young person...before they came along. The process does work. I’m glad it’s in print for all to know how to enjoy life better. I retired twice in my twenties. My dad said I had to get back to work bc retiring in 20s doesn’t look good?! I think he was jealous. Married I looked for a guidebook. Saw DR’s (Dave Ramsey’s) first best seller. Couldn’t wait to buy it. New husband said waste of money. Bought leather bible cover instead. Today, I’m glad I came across DR on KZbin which is new adventure (yt). Same method. I love the structure. That’s what I needed structure on print. This time as married. Life is distracting and I wanted something I can answer to. DR being the 3rd party helped to coach. Husband realized truth. Don’t worry. You’ll get there. Oprah has normal people as millionaires years ago on her program. A librarian finally became one very late in life. My husband will get there. Now we have this millionaire gentleman in today’s video. Structure. Great! Btw don’t look back&regret bc you’ll probably start longing for your debt to come back! Lol! That’s why I like this guest. He pushes your vision to come true bc you are putting in the effort! Sweat is good. You can do it! Remember the process is old. The vision is new and the cheerleading is fun for our mind. It needs to replace the negative.

[@ruthe5874]

@@themontephone875 So a miracle happened. Took Financial Peace twice. Went on Hogan's retirement calculator and I will have three million in twenty five years minimum! I can get there shorter by adding more! Thank you for your positive feedback. My goal is to leave each child, now thirty, with one million! I tithe and believe tithing is the reason why. So thank you very much and I live in Arizona. I love to crochet it does not cost that much money! Thank you again. Dave Ramsey's Financial Peace Class is amazing...

[@gratitudetouniverse777]

@@ruthe5874 What kind of investements to make 3 million ? Thanks !

[@ruthe5874]

@@gratitudetouniverse777 Chris Hogan, Retirement Calculator

[@sarahd1706]

I paid for my university degree on my own, worked throughout my studies & graduated with no debt. I consider the experience a very important part of my education. It took me a little longer than the 4 years to graduate, but I'm free, not enslaved for years after to payments.

[@NicieWilliams]

I became very interested when they said the lady paid 40.000 on a teachers salary but during her interview she said she worked multiple side jobs. I'm looking for another job. Multiple income seems to be the only way

[@christi3411]

Tempted to have a bit of a panic attack over how much we owe and how much catching up we have to do. Not going to do it though, just going to work those baby steps and hit it as hard as we can. Totally believing that God will provide and that He will bless our efforts!

[@aprilcastillo5487]

Totally agree God always provides when it seems there is no way HE makes a way!

[@RachelCruze]

You can do this, Christi!! One step at a time. 😊 - The RC Team

[@christineb1989]

Not having dental or medical is the main cause for my debt.

[@joyduval5487]

I appreciate these videos. They help me stay on the path that few travel. I hope more people join in the debt free lifestyle. Yes I want the 2020 Ford Explorer or Pacifica, but I want to stay at home with my kids 100% more.

[@krystleb4530]

Watching Rachel’s videos are so encouraging. An emergency sucked up my emergency fund and I’m feeling a little scared about it. But trying to stay motivated to build that back up...as a single mama...and not feel defeated.

[@RachelCruze]

You CAN do this, Krystle! - The RC Team

[@KPad87]

Paid all debt off and then bought me a new daily driver Camry for 1000 . Now I am Saving up for another car

[@themontephone875]

K P . Me, too. You know when your inhibitions are not fogged-better opps exist. Saw a car. Thought lots of miles but doubted. Called on a Camry. Happen to small talk about a car with a man who decided to sell me. I couldn’t afford bc just paid off. He said he’ll work w me. I went to look at it. The same car! Lol. His wife wanted me have it bc I sounded nice. Rejected others. Outstanding price w original miles

[@themontephone875]

Wait til you get to have four cars that you choose to drive for the day. I did. It’s fun. Got a Jeep/foreign luxury car /an errand go-go car/a fun car. I make sure it’s sellable. Hint: I made sure the insurance on each at 25/mt. it’s a treat for me. Got a great story on each. Btw the go-go was given to me.

[@KPad87]

The Monte Phone for me all need is my fun car/daily

[@kylecravens8052]

Great episode...and Hogan's helium voice brings him up to standard pitch! :)

[@salemthorup9536]

I feel like in 2019, being a millionaire doesn't necessarily mean that much financial security unless it's many millions. But, I suppose it's still a better position than I'm currently in.

[@donnahampton3632]

It's a good goal, then once you are there, you can keep saving!

[@themontephone875]

Salem Thorup . ??

[@salemthorup9536]

@@donnahampton3632, thank you. That's what I plan to do.

[@elcheekoful]

I'll take having a million dollars over my current situation. Lol

[@ronwhiteleo3352]

Great Vid... Great Dynamics between Rachel and Chris..

[@ellenlawrence4059]

Chris Hogan WITH helium sounds like everybody else WITHOUT helium! Funny!

[@campbell7575]

Haha the voices at the end cracked me up :) So fun!

[@Elemiriel]

Oh my gosh Hogan with helium still has a pretty deep voice! lol So fun!

[@JP-ts7gf]

11:15 Rachel sounds ultra southern. Lol. Love it

[@krissievailolo8028]

Your bump is adorable! I love your dresses. What are your favorite stores to get great dresses at an affordable price?

[@YPEFFLE]

Look into thrift stores, consignment shops , Ebay, poshmark

[@cjv512vasquez]

Great video! Inspirational for a lot of viewers to show that everyday people can do this!!!👊🙏

[@lenabigonia333]

Your show gave me so much hope today!

[@Gaidiana]

Rachel, I love Your videos! When is no debt life is beautiful ☀️😍

[@kateosmond1090]

Totally agree. I was in debt to the tune of nearly £5k. Since I started the Ramsey solution and Rachel Cruze show I have paid off all my debts and I am debt free. Not again will I go in debt again. No more overdrafts and credit cards. I budget now and I use cash envelopes. Indeed cash is king. I am a free woman. Thank you RC Team.

[@wrenchguy2937]

Great video! love this

[@brianneholmes6547]

The end credits are great!!!!

[@shunwilliams6180]

Great video thank you 😊

[@jadyphan5892]

I really love the intro music. Very good choice. And it sounds very nice.

[@Bast16711]

I just love your passion. My life is so much better b/c of the baby steps.

[@MonaLisaSuperSize]

Good job!!!

[@russsherwood5978]

yup out of debt ,, have emergancyfund done,, still saving,,, be blessed and safe

[@yasminbonetti8127]

This is inspirational!

[@oliviatocali]

Where's the link to the chapters? Did I miss it?

[@jillstover8782]

Commen sense goes ALONG WAY many dont have ANY

[@sonohrina2012]

This was the most helpful video about money i’ve seen in a while. I never thought of finding a pro to help me invest I keep thinking I can do better on my own but i don’t even know where to start so I just haven’t actually started

[@RachelCruze]

You can do this! It definitely helps to have an investment pro in your corner who teaches you about the whole process so that you're empowered to make the best decision for YOUR future. These are the only pros we recommend for investing! bit.ly/2LHBvbm - The RC Team

[@sharondube1101]

So you say this video will show us how a school teacher paid off $40,000 of debt in just 14 months, but you don't really do that. Was she living at home and not paying rent? I'm just saying that in this economy if you are an adult living on your own, you still have to pay for housing costs, food, utilities, insurance, etc. So while I may have a decent job, even if I spent all of my free time baby sitting and working a series of part time jobs I still wouldn't make enough to pay off $40, 000 in 14 months. More detailed information would be helpful.

[@bovnycccoperalover3579]

She had multiple jobs.

[@AlphabetRock]

I'm really interested in what Ramsey would recommend in a city like Toronto, where a tiny 1-bedroom condo (500 square feet) costs over 650K, but the average income is only 60K. I'm very on top of my budget and finances and have zero debt (after paying off 100K in student loans), but going into over half a million dollars in debt for a tiny condo seems absolutely insane to me. What would Ramsey advise in this situation?

[@bigroy38]

Hi,Rachel.Hugs.❤️🤗

[@reignepineda6530]

Rachel your the best

[@ogie5194]

So you can't pay off that much debt on a teacher's salary. She also said she had like 8 jobs.

[@cwirwin]

Chris Hogan has a great voice.

[@commiesareevil3823]

Yes you can do it without debt. I did.

[@michaelwoods4495]

When they talk about college costs, they never mention joining the National Guard. There can be great educational benefits, it's a part-time job, and you'll have four years' prior service if you decide on military active service after college. Finally, you get to serve your neighbors in case of a natural disaster. I suspect they don't mention it because they secretly feel a bit guilty for their own lack of service.

[@brittamosman4038]

Do you have recommendations for investment consultants to work with??

[@RachelCruze]

Yes! Check out this link to find a trusted SmartVestor Pro in your area. ☺️ - The RC Team bit.ly/2LQgrzt

[@rebeccaramsden4777]

Thank you for being my money BFF - your the big sister I always needed x

[@rosecook6168]

perils of the journey - Working on debt free. Son finally gets engaged, months later I learn of this and later still, get their gift (and deliver). $3000 off goal and find last year they married. Another of everything I want for my family just went down the tubes, I welcomed her family online, and can make this up later this year, so will keep to my plan. I feel like ***** but their marriage is a happy milestone for them, god only knows what I am going to learn when I hit my goal (hopefully it wont hurt as much as the car that hit mine about the time they must have wed). Dont stop delivering the money message - I reached a million earlier, empire building, then bam - I took so long to recover life just kept happening along the way. heartbreaking, but worth it?.

[@laurenj.5312]

Hogan's voice on helium is the tone of a regular man's voice. hehehe

[@kleindropper]

Did that guy seriously guess that there was 100 millionaires in the entire country?

[@Skittleboys]

Skittle Boys is in the comments! #muchlove

[@shaereub4450]

One thing you and Dave don't talk about: yes paying off your house early can save you $100K but it will cost you tons in future retirement.

[@thechaoscrew8026]

"You can go to college without debt, it may not be your dream school." Me in community college WITH grants and scholarships AND still needing loans, sometimes people who were born into wealth really are out of touch with every day society.

[@elainegarber484]

My kids all went to school debt-free and I'm a single mom that couldn't help them. They worked full-time while they went to school at a community college. And they were cheap about everything. It is possible, but it has to be a priority. I went to school before I learned all this and I'm still paying on my student loans. Watching their mom go through this and having to put off retirement just to pay off my loan gave my kids the WHY.

[@thechaoscrew8026]

@@elainegarber484 yes but being a single adult and working your way through college isn't the same as being a mom of 3 and working your way through college

[@elainegarber484]

@@thechaoscrew8026 that's true. Being a single mom living on $14000 a year, working 50 hours a week doing daycare while going to college full time (and homeschooling my boys) was much harder, and my kids saw how hard I worked, so it inspired them to cash flow their way through. My 16 year old daughter is in her 2nd year of college that she has paid for herself, working full-time for a lawn-care company in the summers, and filling out every scholarship she can find. What I was meaning to say is that Dave Ramsey is a millionaire now, but he hasn't always been. Following his advice is hard work, but it is doable.

[@gracehood7211]

Elaine Garber I would love to hear how you did it all. Do you have a blog?

[@sheldonwhalen4779]

When your voice because a normal mans pitch with helium 😂 that was great

[@arsaljamshedali9659]

I am new subscriber

[@brandondavis6385]

Its actually to start off is 100 percent mindset if u cant change ur mindset then u will be stuck where u are for ever mindset is the bigest driver to success change ur mindset and u will find u have more room for knowledge mindsets are what hold people back nagative thoughts thoughts of how the world works that are not true all can stop people from living to there fullest potential ive noticed this myself I am most successful when im positive and i have control over my thinking when my thinking gets blured or is completly off I start to fail again and endure old habits change that mindset and theres no telling what u can acomolishish

[@chillrobinsonstyle6173]

Dave Ramsey target the ones make 40- 100k people not the 10- 30k people

[@kailaleegibbons6143]

people making less than 30k who follow his advice will be making more than 30k pretty quickly.

[@jack7240]

lehts goo - where my VIP’s at

[@carieyoung1111]

Student Loan forgiveness? Never heard of it unless disabled

[@themontephone875]

What is his name? There’s no subtitle to identify him.

[@commiesareevil3823]

Super expensive?

[@joegallehgos1301]

By millionaire do they mean 1 million bucks in the bank collected over many years? Or that you make millions of dollars each year?

[@donnahampton3632]

Net worth. Add up what you own minus what you owe. If you invest in your company 401K all during your career, and get your house paid off, then a $200K house and a $800K 401K means you end up a millionaire before retirement.

[@joegallehgos1301]

Donna Hampton That’s good👍 Lol! I was just having wishful thinking when I heard the word millionaire. One million bucks goes by so quickly. I’d imagine.

[@EsaCrisbel]

OMG she reminds me of Mandy Moore I can't.

[@donnahampton3632]

Chris sounds like a normal man's voice when he's on helium!

[@RachelCruze]

Isn't it so funny?! - The RC Team

[@SirenaSpades]

Will Smith lol!

[@dayrich]

Sirena Spades & chris brown 🤣

[@NicieWilliams]

I'm 47 can I become a millionaire? I would be happy with a net worth of 500.000.

[@ChrisInvests]

You should spend as much money as you can to look rich and successful, right? 😂

[@themontephone875]

Chris Invests - Personal Finance Videos . ???

[@barbararighetti6823]

I'm 71 have 8000 in debt I work I get s.s my income is 2900 a month single is it to late for me I do have a 401k help!!

[@enochpowelghost]

Its easier now to be a millionaire than anytime of the past. The reason DEVALUATION!. end of basic lesson

[@jeffhudson2346]

That is probably true, but it still beats out where most of us are financially.

[@tippysgrammy3118]

Being a millionaire is fine for some, but not everyone in the world will reach that status. That is not every person's dream ..... Nothing wrong with it, but not my dream. I may become debt free some day, but (some) millionaires have a different set of stresses that others don't have. Congrats to those who have the drive and resources to become debt free. 😀👍

[@donnahampton3632]

What stress? If your 401K at work grows to $800K, and your paid-for house is worth $200K, you are a millionaire.

[@themontephone875]

Tippys Grammy . ??

[@tjandcj123]

Don’t focus so much on the number, but the lifestyle- debt free, paying cash, investing, giving to others. It’s the freedom more than the dollar amount.

[@pamelagroves2142]

And she’s probably a double dipper.

[@ACGNikki]

Well yeh, anybody can make the money they need by having 8 jobs... 🙄 Unhelpful..

[@donnahampton3632]

It was only for 1 year, not the rest of her life, and now she can have peace with her finances and move on through the Baby Steps.

[@themontephone875]

AverageCountryGirl Nikki . It was a short time. Her sweat equity gave her a excellent rate-of-return! Suggestion-prove the guest wrong. You probably can’t get eight jobs to even work them anyway right?

[@ashleyn.9166]

Coming from an extended family with several millionaires (not my parents or myself) it is clear these people's idea of millionaires is more like hundred millionaires or billionaires. *Sigh*

[@dnasty56able]

Join the Military. Go to school without student loans. Pretty simple.