I love Rachel Cruze! Look, her dad is Dave Ramsey, the personal finance and no-debt guru who has a rabid following of his books, programs, forums and radio show that have made him a very, very rich and famous man. It is easy to dismiss people's success if their family is also very successful. I admit that I'm prone to this prejudice, though less so as I get older, and personally know many people whose parents money and influence are their downfall. This is not Rachel. Rachel is delightful, wise, humble and totally fun to talk to (and listen to!). I have interviewed her several times, read her books and trust my usually excellent instincts that say this is a wonderful professional, woman and mom who knows her stuff. And her stuff is about how to be freaking smart about your money.
In this episode, I interview the New York Times best-selling author, about financial wellness for moms, as well as about her most recent book is Love Your Life, Not Theirs by Rachel Cruze: 7 Money Habits for Living the Life You Want.
- Instagram and Facebook pressures. Beautifully coiffed children in expensive designer clothes in a granite-tricked-out kitchen, or families giddily frolicking on Caribbean beaches during winter break — these are not real depictions of people’s lives, Cruze says. But they can have a real impact on what we think is “normal” and how we spend. “When we play the comparison game, we’ve entered into a game we’ll never win,” Cruze writes.
- #blessed vs. Blessed.
- Say no to debt. “Debt allows you to have whatever you want immediately,” says Cruze. “But if you have debt, you don’t get to decide what to do with your money.”
- Pick the right partner. Lots of advice about how to marry or partner with the person who shares your money values (which are really your value-values).
Check out more about his special Working Moms Mean Business episode with Rahcel Cruze here.
This is a special episode from the Working Moms Mean Business series, brought to you in partnership with BBVA Compass. I am so proud to be part of this project that explores the triumphs and challenges of professional moms (after all, 70 percent of moms with children under age 18 work!).
Read or download the free (mega) book written by me:Free from Guilt: Why Moms Have it, and How to Conquer It,which is all about why so many of us struggle with being working moms, even though most of us need to work to live, and science says kids, families, marriage, society and moms thrive when we work.
Emma Johnson is a veteran money journalist, noted blogger, bestselling author and an host of the award-winning podcast, Like a Mother with Emma Johnson. A former Associated Press Financial Wire reporter and MSN Money columnist, Emma has written for the New York Times, Wall Street Journal, Forbes, Glamour, Oprah.com, U.S. News, Parenting, USA Today and others. Her #1 bestseller, The Kickass Single Mom (Penguin), was named to the New York Post's ‘Must Read” list.
Emma regularly comments on issues of modern families, gender equality, divorce, sex and motherhood for outlets like CNN, Headline News, New York Times, Wall Street Journal, Fox & Friends, CNBC, NPR, TIME, MONEY, O, The Oprah Magazine and The Doctors. She was named Parents magazine’s “Best of the Web,” “Top 15 Personal Finance Podcasts” by U.S. News, and a “Most Eligible New Yorker” by New York Observer.
A popular speaker, Emma presented at the United Nations Summit for Gender Equality. Read more about Emma here.