{"id":201789,"date":"2025-10-10T04:14:13","date_gmt":"2025-10-10T04:14:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/201789\/"},"modified":"2025-10-10T04:14:13","modified_gmt":"2025-10-10T04:14:13","slug":"3-key-signs-youre-better-with-your-money-than-you-think-according-to-a-ramsey-expert","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/201789\/","title":{"rendered":"3 Key Signs You\u2019re Better With Your Money Than You Think, According to a Ramsey Expert"},"content":{"rendered":"

Many people underestimate how well they\u2019re actually handling their money<\/a>. Even small habits, like consistently paying off your debt, can make a difference.<\/p>\n

Read More: Here\u2019s Why Couples Fight About Money and How They Can Stop, According to Rachel Cruze<\/a><\/p>\n

For You: Boomers Are Facing a New Retirement Problem — Here’s How To Deal With It<\/a><\/p>\n

According a recent video<\/a> from Ramsey expert Rachel Cruze, these key signs reveal you may be better with money than you realize<\/a>.<\/p>\n

You Have More Than $400 Saved<\/p>\n

According to Cruze, 2022 Federal Reserve data found that only 63% of Americans had enough money to cover a $400 emergency. She said that you\u2019re doing \u201cgreat\u201d if you have more than $400 saved and \u201cincredible\u201d if you have $1,000 saved. Having $1,000 in savings is Baby Step No. 1 of the Ramsey plan<\/a>, she explained.<\/p>\n

Prioritize your savings<\/a> before spending any money, even if it is a small amount, and over time, your financial security will continue to grow. One way to do that is to make a habit of automatically putting money aside from each paycheck. That way, if you don\u2019t see it, you\u2019ll be less likely to spend it.<\/p>\n

Check Out: 3 Signs You\u2019ve \u2018Made It\u2019 Financially, According to Financial Influencer Genesis Hinckley<\/a><\/p>\n

You Don\u2019t Have Debt or Are Working On Paying It Off<\/p>\n

Cruze said that if you don\u2019t have any debt, you\u2019re the exception because most people just accept that debt is a part of their lives. In fact, according to Debt.org<\/a>, household debt hit $18.2 trillion in 2025. That marked an increase of $4.6 trillion since 2019.<\/p>\n

Debt.org noted that delinquency rates are rising as well. If you have debt and are working on your mindset and actively paying off, you\u2019re also doing better with your money than you think, Cruze explained.<\/p>\n

To manage and reduce your debt, make a list of debts with each interest rate, balance and minimum payment, and then decide on a repayment strategy. Cruze recommended the snowball method<\/a>, which involves putting every extra dollar toward eliminating the smallest debt first while paying minimum payments on everything else. Once it\u2019s paid off, do the same with the next-smallest debt until all your debt is paid in full.<\/p>\n

You Check Your Bank Account Regularly<\/p>\n

Cruze noted that some people tend to \u201cput their head in the sand financially\u201d by not checking their bank account regularly. She recommended knowing what money you have in your account.<\/p>\n

PocketGuard<\/a> suggested making a daily habit of checking your bank account. If you make managing your money a routine by checking your accounts regularly and reviewing your budget<\/a> at least once a week, then you\u2019ll likely be able to prevent some problems from happening later.<\/p>\n

Small Habits Can Lead To Success<\/p>\n

Saving a portion of your money, paying off debt<\/a> and managing your bank account are three ways of helping to prevent future money problems. If you are following these habits, you\u2019re likely smarter with money than you realize.<\/p>\n

Even small financial wins<\/a> can add up to big long-term success.<\/p>\n

More From GOBankingRates<\/p>\n

<\/p>\n

This article originally appeared on GOBankingRates.com<\/a>: 3 Key Signs You\u2019re Better With Your Money Than You Think, According to a Ramsey Expert<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Many people underestimate how well they\u2019re actually handling their money. Even small habits, like consistently paying off your…\n","protected":false},"author":2,"featured_media":201790,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,76753,99295,131,132,26597,27487],"class_list":{"0":"post-201789","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-finance","12":"tag-household-debt","13":"tag-paying-off-debt","14":"tag-personal-finance","15":"tag-personalfinance","16":"tag-rachel-cruze","17":"tag-ramsey"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/201789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=201789"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/201789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/201790"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=201789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=201789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=201789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}