This Finance Expert Reveals the Real Reason You Can’t Stick to Your Budget

Dave Ramsey's daughter Rachel Cruze fixes your broken finances.

You might have already heard that having a budget is crucial to managing your money. But according to Rachel Cruze, financial expert and daughter of money guru Dave Ramsey, it’s easier said than done. “It’s really hard to say, ‘Ok, I want to save money, I want to get out of debt, I want to do all these great things’ when you don’t have a plan,” said Cruze, whose talk show, The Rachel Cruze Show, empowers people to overcome roadblocks and live their best lives financially

As the daughter of someone who turned financial expertise into a career, Cruze always knew what it meant to be responsible with money. But even having a successful businessman as a father didn’t stop her from developing bad money habits. It wasn’t until she got married that she realized the importance of sticking to a budget.

Learn More: How to Create a Budget You Want to Stick With

“I knew how to budget, I know how to save money, I knew it was important to live on less than you make, like, I had all these principles in my head, but the moment I got married — right at the end of college — and I realized then, ‘Ok, I have got to grow up and actually do this stuff really well.'”

Like most married couples, it took a while to learn how to work together as a team and become financially aligned.

“We actually did our first budget together a few months into the marriage and it was terrible, it was a disaster. And it took us about three months to get that budget to work, and I think our life looks a whole lot different — in a good way — than if we had stuck with my bad money habits the rest of our of marriage.”

Although budgeting is a basic fundamental principle of finance, it’s one of the hardest things for Americans to put into practice. In fact, 24 percent of Americans do not keep track of their budget — perhaps one of the contributing factors to America’s record-high level of household debt at $13.51 trillion dollars.

Also See: Strategies My Family Uses to Stick to Our Budget

But if you’re like the majority of Americans struggling to keep a budget, Cruze has one crucial piece of advice about how to avoid thinking that, “money just happens to them versus them happening to their money.” Watch the full video above for more about this and other helpful tips for living richer and learning how to make a budget a real part of your life.

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