Read previewBuying a house has become especially hard, but some people can't afford one because they're mismanaging their money, personal finance guru Dave Ramsey says.
"It is mathematically tough right now, it is economically tough.
Overspenders can't complainDespite those challenges, the talk show host and author called out people who make bad financial decisions and then complain they can't afford a house.
"Well I just told you why you can't afford a house: Your stinking overspending."
"When you are broke and in debt, don't have an emergency fund, and sign up for a mortgage payment you can't afford, that is not smart real estate.
Persons:
—, they're, Dave Ramsey, Overspenders, Ramsey, Warren Buffett
Organizations:
Service, Business, Federal Reserve, Disney