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Dave Ramsey warns callers against three common money mistakes
On an episode of "The Ramsey Show," Dave Ramsey highlighted three financial mistakes he says callers frequently make, describing them as "Dumb! Really dumb!" and saying they are illogical.
First, Ramsey advises against buying property with anyone besides a spouse, arguing that separating assets between unmarried partners can be complicated because property rights do not always match those of married couples.
The story notes that housing pressures have led more people to consider co owning property, citing Co Buy data that 31.5% of home purchases involved co buyers.
It also addresses Ramsey's broader point that some people may feel these mistakes are unavoidable given economic and social trends, and frames the discussion around why each mistake is so common.