rachel, they re signing kids up for things and posing classes and on travel soccer. all that stuff costs a lot of money. i know. it does for sure. you have to stop and compare. everyone s financial situation is different. at the end of the day, comparison is going to steal your joy. you have to do what s best for your family in the present. the number two, learn to say no. so maybe you say, hey, i can t have the latest and greatest of everything. my child can t have the latest and greatest of everything. you have to learn to say no which can be hard. we all want what s best for our kids. you say cut the teeth out. like you were saying earlier. in a thousand different things. maybe you say we ll cut back a little bit on christmas so that we have cash to fund other extracurricular activities. because they want to do soccer and all that. maybe you make sacrifices. that s a good thing. in the digital world, now you have apple pay and all of that. how can you control the cash? you d
this is tough. when i say control your cash, i mean the money you have. that could be in your checking account. you need to be on a budget. in your budget, each line item, there needs to be a line item for your kids, clothes, extracurricular activities. if you don t have the money, don t buy it. stay away from debt. rachel cruz, always practical tips from you. thank you so much for your time today. thanks, elisabeth. financial expert and mom. we thank you her. if you thought donald trump has confidence, listen to his son. everything he touches turns to gold. eric trump, donald trump s son is joining us live. who he would like to see his father pick as a running mate if he wins the nomination. you won t want to miss the next hour. no need to break the bank on a new vehicle. the hottest suvs are cheaper than you think. from the orange county
time. so be patient. a final question, sometimes these debt settlement companies say hey, you should default on the debt. default on the loan. it may cause you to pay less over time. true or false? false, because most of the time, especially with student loans, your interest is still accruing. so that s not a good idea. if you have the money, pay minimum payments. again, attack that smallest debt first. boy that, is great advice. we re so happy to have you here today. rachel cruze, great book, great advice. we ll see you next time. thank you. coming up, her mother-in-law has a nickname for everyone, even the pets. is this normal or is this nuts? dr. keith ablow is here with a surprising answer. but first on this day in 1945, the u.s. detonated the first atomic bomb in a test in new mexico.
in debt. so with 7 million americans having defaulted on that debt, it s no wonder many company companyies persons are turning to companies like this. if you re still paying on student loans, then get ready for a special announce am. your entire student loan can be forgiven. you heard correctly. free information on how you can potentially have the remainder of your student loan debt co forgiven. this morning there is a warning about debt selling companies. generally what do you need to know? joining us is personal finance expert and author of smart money, smart kids rachel cruz. good morning, rachel. good morning, peter. thanks for having me on. what do students need to look out for? what do people need to look out for who are in debt? the big thing is these companies promise a lot. so if it sounds too good to be true, it probably is. there is no quick fix to paying
just look at that. go ahead and flip that. the best part of the fried chicken is the crunchy part. and then you got the crunchy, plus pepperoni, plus cheese, plus sauce. i really shouldn t eat the whole thing, should i? come on, it s only once a week, once a year. go right ahead. thank you, sir. we re going to be watching this weekend. i m going to finish this, first let s get to a commercial. coming up, if you have student loans, this sounds like añ?ñ?ñ?t deal. you heard correctly. studentlyñ?ñ?ñ?ñ?ñ?ñ advantage e information on how you can potentially have the remainder of your student loan debt completely forgiven. that sounds good. but we wear, this adds up to one big scam. but how do you know? dave ramsey s daughter, rachel, here next. and be ready to ditch your coffee for caffeine checks.