Rachel Cruze, a certified financial coach and daughter of Dave Ramsey, shares four principles to break destructive money cycles and build generational wealth. She advises parents to teach their kids financial responsibility while providing a solid financial foundation, and to involve them in the process of learning new habits. Cruze also emphasizes the importance of getting out of debt, investing consistently, and planning for the future by saving for retirement, college funds, and larger expenses through a ‘sinking fund’. By following these principles, individuals can change their financial futures and create a lasting impact on their families.
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Was this helpful? ©Rachel Cruze As the daughter of Dave Ramsey, Rachel Cruze understands the power of financial privilege. She uses the solid foundation her parents gave her and her knowledge as a certified financial coach to help other people break toxic money cycles and change their financial futures.
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Cruze believes in the power of good money habits to change a family’s finances for generations. In a recent YouTube video , she shares these four principles for breaking destructive money cycles and building generational wealth .
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