The Rachel Cruze Show - 10 Secrets of People Who Never Overspend (According to ChatGPT)

Starting point is 00:00:05 So most of us have people in our lives that always seem to be a level of head when it comes to building wealth and being financially responsible. So we have this over here. And then we also have technology over here, something called ChatGPT. So what are these two things have in common? Well, you're about to find out. Make sure to like, subscribe, and share this episode with a friend. So we went to chat GPT to compile a list of habits that people who never overspend swear by. and y'all i gotta tell you i was pleasantly surprised it gave me a list so i thought it would be fun because i went through the list job and i was like oh my gosh i like agree with like all of these and so i want to know from you if you agree with them but here's literally what it said and i i love it

Starting point is 00:00:51 so number one they know their why yes and amen so meaning they know why they're doing something with their money. Their motivation, if they're in a season of sacrifice, they know why. You know, they're sacrificing because they have a bigger goal. If they want to get out of debt, they know, okay, why do we want to get out of debt? When they're giving and being generous, they know why, because they want to change their family tree. I mean, like, they are so motivated by the underneath level, if you will, when it comes to their money, not just always like the numbers and stuff. So that can motivate you for a little bit. But if you don't have that why, when things that are hard and life hit you financially, that wise what carries you through most of it. And so when that came up

Starting point is 00:01:35 number one, I thought, yes. All right, number two, they intentionally track their spending. Okay, y'all, I did not make this up. And I don't think my chat GPT knows it's like me, Rachel Cruz, that like does this. So when it said this, I was like, oh my gosh, yes. So it is true because people don't mindlessly just like, you know, spend all the time whenever. Like, they really do know what they're spending, and when they spend it, they actually keep track of it. Like, it's not just like in their head. They don't have something in their head that they're just like, okay, I'll figure this out here. No, no, no. They're very intentional. And it is incredible. Now, when you track your spending, you can still enjoy it, right? Like, that's the purpose of it all.

Starting point is 00:02:17 But I agree with this point, 100%. All right, number three, they budget on purpose. There's that budgeting thing. Yeah, so it's not just tracking spending, but they budget. They know. They know. where their money's going, which is such a key factor you guys of winning with money, regardless of where you are financially. You need to have a plan with your income. You need to know where it's going because when you file taxes every year, I don't want you to look at that number and be like, holy crap, I made what? Where is it? Like, where did it all go? That you know exactly the job your income had when it hit your account and you know what's going on. Now, if you need a great budgeting app, every dollar is wonderful. Make sure to check it out. Number four, they love. They love

Starting point is 00:02:58 limit credit card use. All right. Limit, I'd say completely get to away with. If this is my list, they don't use credit cards, but this idea that they're not going to depend on other people's money to live their lives. And when you stop that and you actually live in the present and you use cash or your debit card or Apple pay with your debit card, whatever it is, and you are actually in the moment, it is incredible that once that purchase is made, it's your debt. you're done. You're not waiting on some bill to pay everything later. You can continue to look through the windshield of your financial life. And that's what I love. You just have full control, full autonomy, and that credit cards and banks aren't part of your life. All right, speaking of

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Starting point is 00:05:04 slash budget and learn more today. All right, back to our list to number five. They delay gratification. Yes and amen. Y'all, instant gratification is killing us. Like when we see something we want and we just go buy it, we don't think about it, we don't look at our budget, we don't do any of that, we just do it. When that is your life, you end up spending so much money. But delayed creditification shows a level of maturity where you can walk away from a purchase, sleep on it, see if you still want it a day or two later, and then you can go back and buy it. But this is a major perk to win financially. Number six, they reduce decision fatigue. So the more routines that someone has when it comes to their money, the less kind of impulsive that they're going to be. And so there's like less impromptu

Starting point is 00:05:53 shopping trips and all of this because they kind of have this rhythm in place. And I like that. I think that's great. Now, I can be type B at times where I'm like, let's just have some fun and be spontaneous. So you still want part of that in your life. I think that creates some fun. But when you have routines and you know what's going on, like, okay, I check every dollar every morning and I track transactions. I meet with my spouse every month, once a month, before the month begins to do our budget. We give on this date. Our tithe goes out from our account to the church this day. I mean, like, when you have routines in place, it really does help. All right. Number seven, They actively practice gratitude.

Starting point is 00:06:27 Yes. It is incredible when you realize that stuff isn't the thing that's just going to bring on more happiness. It's just not. But when you are so mindful and grateful for what you already have, there is gratitude, there is contentment, and all of that. So the fact that this was on the list, chef's kiss. Is that what the kids say? Yeah, I love it. Number eight, they stay off autopilot.

Starting point is 00:06:50 So subscriptions, apps, all of that. they try to put friction in these purchases. And so, yeah, I mean, I would say with some of this, I really appreciate it. I don't like always the savings autopilot. Like some people are like, I just put my savings on autopilot. There's a part of me that I'm like, no, no, no, do it actually so you can feel it happening and you may want to be saving more or maybe you need to save less. Like, I don't know.

Starting point is 00:07:15 There's something about actually going in and doing it. But then also, there are things that I think is okay just to be on an auto basis, too. Right? I don't think that's bad. I think that'd be very convenient and to make sure that you're not late on things too. So there's a balance there. Number nine, they regularly unfollow and unplug.

Starting point is 00:07:32 So they use social media, but they actively unfollow people who tempt them into comparison or jealousy. They also pay it forward and gut-checked their motivation with their own posts. So the way they use social media, the way they kind of think about it, is in a really healthy way.

Starting point is 00:07:47 So I appreciate that. Number 10, they recognize patterns. So if you have tendencies where you start to see, okay, if I'm bored or insecure or I'm busy, and that's a trigger for me to spend, right? Or you notice like, okay, here's one. I do these things that are maybe unhealthy with money or even comparison. Maybe it's a heart thing. And these are the situations that that comes up in.

Starting point is 00:08:08 They notice that pattern throughout their lives. And that is a really great gut check to know, like, okay, here is what I do and why I do it. And then always know you can create new patterns, right? Instead of being stressed and going and spending, you can, and go on a walk, right? Go and hang out with a friend, journal, like do something, read, like do something else that's better for you than just staying in an unhealthy pattern. So the fact that this list came from chat cheapy T, y'all, I mean, I love it. I mean, I think it was so great. I so appreciated it. And I do think it's really factual. So some of these

Starting point is 00:08:41 things are more habits, more heart-based, some are a little bit more tactical. But putting things in place, you guys help you in financially is what I want for you. Now, if you want some of my personal tips, not just off chat, GBT. Be sure to check out my honest advice to someone who wants financial freedom. You can click here to watch that, or if you're listening on podcast, you can click the link below. All right, you guys, remember to take control of your money and create a life you love.

The Rachel Cruze Show - 10 Secrets of People Who Never Overspend (According to ChatGPT)

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