Can You Still Enjoy Life While Budgeting? (Hour 1)
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How can you enjoy life while budgeting?
From Ramsey Network, this is The Ramsey Show, where we help you get control of your money, get ahead in your career, and get on the path to living well. I'm George Campbell, your host, joined today by Rachel Cruz, number one bestselling author, host of The Rachel Cruz Show, a mother, a daughter, a friend to all. That's her. We are excited to take your call. So give us one. 888-825-5225. Let us help you take the right next step. Maybe you're at a crossroads. You need some inspiration, some motivation. You're stressed out about inflation.
Why doesn't Gen-Z treat cash like real money?
We can help. We can help. We're blessed to be a blessing. So let's do that this hour. 888-825-5225. Jordan kicks us off in St. Louis, Missouri. Jordan, welcome to the show. I don't have the show here. Let me flip back.
What should you consider when repairing an old car vs. buying a new one?
There we go. Jordan, are you with us?
Yes, yes, thank you for taking my call.
Yes, how can Rachel and I help?
Hey, just wondering if you guys had any tips on staying forward thinking in terms of saving and doing everything the way I should do it, but also being able to be present and enjoy the moment.
Interesting.
That's a good question.
So what's the pain point there? You're budgeting right now, currently, and you feel like you're not able to enjoy it?
Well, not necessarily.
How can you save money after a divorce?
It's just I feel like saving and everything is much more geared towards the future. But I don't want to stay. I want to be able to enjoy the moment and enjoy the present, but also be able to secure the future.
So that can be reflected in your budget. Do you have things in your budget that involve spending and vacations and buying things that you want to buy?
So I think it's more of just a general mindset thing than like budget specific. So it's like, it's hard for me to shift gears from like future, future, future to enjoy the present.
Yeah, and I think that there's a time and a place for all that thinking and dreaming. I mean, I'm probably more like you, Jordan. I probably enjoy the present easier than I do thinking about the future.
What is the next step to financial freedom?
So I just know with my personality, then I'm like, okay, I have to set time to make sure that I'm looking at future goals. But I don't do that every day. I mean, Winston and I, my husband and I, we call it dream dinners. I don't know how cheesy that is. I like it. That's nice. It might be a little cheesy. But we'll just go to dinner and be like, hey, if money wasn't an option, what would we do? And like some dinners, we like take the conversation down to what if we lived in Montana on a ranch and we're like off the grid? Like it's that to buying a new car.
How can you balance present enjoyment with future savings?
I mean, whatever it is, but it's like you just let yourself dream. And then out of that, you really see, okay, where do I want my future to go? And then, yeah, then you kind of set money aside to get there and to hit that goal. But I'm not sitting there every day thinking – oh what am i going to be when i'm 50 oh gosh oh gosh oh gosh do you know i'm saying so i i i feel like i do enjoy the moment while having goals for the future uh but i think there's a level of probably contentment jordan too of the present of just being excited and happy where you are um and then when the time comes that you carve out specific intentional time to really think about the future then you're able to be in that mindset but i think you can turn that mindset off and you don't have to live in that in a daily basis does that make sense does that help
Yeah, absolutely. I mean, that's great advice. I do think I kind of get stuck in that mindset sometimes. produces a lot of anxiety. So I appreciate that.
What are the benefits of having short-term and long-term financial goals?
What helped me, Jordan, was having a good, healthy mix of short-term and long-term goals. So an example, me and my wife, we want to go to Europe later this year. That's a short-term goal we want to save up for. We also know we want to save up to buy an upgraded house later down the road. That could be a few years from now. But we also have things that are happening this weekend that are in the budget that we're saving up for. And so I think having that mix makes you feel like I'm not just thinking about the future.
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Chapters
8 chapters
1
How can you enjoy life while budgeting?
0:29–1:02
2
Why doesn't Gen-Z treat cash like real money?
1:02–1:15
3
What should you consider when repairing an old car vs. buying a new one?
1:15–1:48
4
How can you save money after a divorce?
1:48–2:39
5
What is the next step to financial freedom?
2:39–3:08
6
How can you balance present enjoyment with future savings?
3:08–3:56
7
What are the benefits of having short-term and long-term financial goals?
3:56–4:37
8
How can you effectively budget for both immediate and future needs?
4:37–41:43