Smart Money Happy Hour with Rachel Cruze and George Kamel “Harmless” Purchases That Drain Your Bank Account
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Mar 28, 2024 Discover the hidden costs of 'harmless' purchases draining your bank account while balancing treats and financial leaks. Hear about personal indulgences like foot massages, book shopping, fancy soap, and gaming expenses. Learn how to shift from surviving to thriving financially and enjoy sweet guilty pleasures like gluten-free snacks and rich dessert drinks.
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Treats vs. Leaks
- "Little treats" are small, seemingly harmless purchases made for enjoyment.
- These treats can become "money leaks" when they accumulate and drain your budget.
Balancing Spending and Goals
- Find a balance between enjoying life and achieving financial goals.
- Acknowledge that small expenses add up and impact your financial margin.
Rachel's Spending Habits
- Rachel Cruze's husband, Winston, revealed her spending habits, including reflexology, books, and clothes.
- George Kamel rated these as a 3 out of 10 on the damage scale.