The Rachel Cruze Show - Feeling Financially Stuck? Take This 3-Minute Assessment

Episode Date: October 29, 2025

📈 Are you on track with the Baby Steps? Get a free personalized plan. If you're feeling financially stuck, what you need is a personalized plan. In today's episode, I'm going to walk you through how to improve your financial situation in just three minutes.   Next Steps: 🎥 Watch my video: Searching for the Right Side Hustle for You? Watch This! 💵 The simplest way to budget. Download the EveryDollar app for free!   Connect With Our Sponsors: Learn more about Christian Healthcare Ministries today! Get 20% off your DeleteMe plan when you join. Go to FAIRWINDS Credit Union for an exclusive account bundle!   Explore More From Ramsey Network: 🎙️ The Ramsey Show 🍸 Smart Money Happy Hour 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💡 The Rachel Cruze Show 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

There are so many factors that make up someone's personal finance situation. I mean, it's everything from your savings, salaries, investments, assets, payments. It all runs the gamut. So today, I'm sharing an amazing tool that walks you through all of that so you can know how to start building wealth based on your specific situation and what to do today. Make sure to like, subscribe, and show this episode with a friend. All right, we're going to be walking through Ramsey's Get Started Assessment together because if you are familiar with the Ramsey Baby Steps, or maybe you're completely new to all of this,

knowing where you're at in a process is so helpful. And so as Ramsey, we just kept having people come in to our shows and, you know, seeing us on social, like all these different avenues. And they're like, I don't even know where to start. So our team created this. And it's been a really big hit. A lot of people have done it. And it's been so helpful for people to know, okay, this is exactly where I am. So what I'm going to do is a live tutorial of the get started assessment. I'm going to act like I'm on Baby Step 2 just to kind of give you guys a rundown of what this looks like. So this is where you start winning. You click, take the assessment, that yellow button right there.

You click it. So what matters to me right now? I'm on Baby Step 2. I want to pay off dead. I don't want to live paycheck to paycheck. Right now, these are probably my biggest things. And let's be honest. Let's build some wealth.

Next, what's your marital status? I'm going to say, I am married. And when you talk with your spouse about money, how does it usually go? So, let's just say Winston and I don't agree on anything. Ends up in arguments. So much conflict. How many kids do we have under 18? We're going to stick with the three kiddos.

Are you currently saving for your kids' college? Okay. In this situation, I'm going to make it up. Let's say no, but I want to. When it comes to money, how do you feel? I'm a little worried. I don't like it, and I get frustrated because I don't feel like we have enough. Oh, I only get to pick one.

Am I worried or frustrated? Let's go frustrated. How do you handle money most of the time? I plan where every dollar goes before I get it, keep track of my money, and stop spending when I'm low or run out, spend more than I make, not able to stay current on my bills. This probably feels like me. Let's go here. I'm employed full-time. Could you pay for $1,000 emergency in cash?

Let's pretend to have a little savings, so I'm going to say yes. What your savings cover three months? No. How much of your income are you saving for retirement per month? Let's just say I do my match with work, so it's going to be less than 15%. What's your housing situation? Let's say I have a house. I have a mortgage.

Are you planning on buying a house? No. What other types of... Oh, this is fun. Let's make it up. We got some credit card debt. I have a car loan. We'll go there.

We'll just say that. Okay, I almost say, okay, it's calculating my results, which is so helpful. And the results are ready. Okay, so then you're going to get to this page, and if you already have a Ramsey account, you can go ahead and sign in or create account if you don't, and then your results will be given to you. Now, before I walk through a few crucial things to know about your results, I do want to tell you about one of our amazing sponsors, Christian Healthcare Ministries. So more than 100 million Americans carry medical debts, which proves traditional coverage

often leaves people facing big bills alone. And your family needs more than just coverage. They need community. And that is why I love Christian Healthcare Ministries. CHM is a budget-friendly faith-based alternative to health insurance, and they've paid over $12 billion in medical bills. There are no networks, no insurance headaches. Go to CHministries.org slash budget to learn more today.

And another amazing company that can help you reach your financial goals is Fairwind's Credit Union. So when you're working the baby steps, your bank shouldn't be working against you. That is why I love Fairwind's Credit Union because they share Ramsey values and their smart checking and savings bundle was designed to line up with the baby steps.

If you are ready to move your money somewhere that supports your financial goals, Fair wins is what you've been looking for. Just head to fairwins.org slash Ramsey to open your smart checking and savings bundle today. All right, so now when you are looking at your personalized results, here is my example right here. Remember, keep all of it.

all of us in mind, okay, you just want to really focus on that next step. And so for my situation, obviously, I said that I had more than $1,000. So, you know, honestly, when you're on Baby Step 2, whatever you can do to get extra cash to start paying off debt, that's going to be the biggest bang for your buck because when you are not paying on payments, you guys, your income is all yours. And you get to decide what to do with it. You get to keep it and say, okay, what do I want to do? Do I want to save it, give it, spend it, all of it. So even if you're on Baby Step 1 and you're just starting out, getting a $1,000 emergency fund, start somewhere. But knowing where you are financially, that is step one.

And then step two is increasing your financial margin every month to get what you need. So again, if you need that $1,000 emergency fund, you have to find that extra margin. If you're trying to get out of debt, getting extra margin to throw extra money and payments at that debt to get out as soon as possible is so key. So whether it is earning extra income and, you know, doing like a side business, if it is lowering your expenses, whatever it may look like, doing what you can to move the next step is huge. But this get started assessment, I'll put a link down below so you guys can check it out because I think it really is important to get a grounding and an understanding of where you are

financially. Now, if getting extra income in your pocket every month, if that is what you need to get some margin, be sure to check out my episode searching for the right side hustle for you. Take this quiz. That is after this. And if you are listening on podcasts, I will leave a link below. All right, you guys, remember to take control of your money and create a life you love.