When it comes to homeownership, money expert Dave Ramsey doesn’t recommend buying a home with someone you’re not married to.
“Get rich slowly”: Dave Ramsey Offers Keys to Perpetuating Wealth
Related: How to get cashback on everyday purchases
August 10th, Ramsey buy the first house.
But Ramsey said he would never do that under any circumstances. Here’s why Dave Ramsey thinks buying a home with a partner before marriage can be a financial disaster.
What should I buy first? (hint: not a house)
According to Ramsey, dating people who buy a house together before marriage complicates the breakup “like it’s someone else’s business.”
“Are you going to buy a house with her? You better put the ring on first, buddy,” said Ramsey.
The call took an interesting turn when Dominique revealed that the couple had been together for six years. Marriage costs a lot of money, according to Dominic.
“You don’t have to spend a lot of money on a wedding,” said Ramsey’s personality, Jade Warshaw, and if the wedding costs too much, the wedding can be held in court and the party can be held later. added.
Dave Ramsey: “Money is not just math, it’s action” — 5 Bad Habits to Stop Today
don’t buy a house with someone you’re not married to
Over the years, Ramsey has heard horror stories about unmarried couples buying homes together.
“You have a partner, so the law doesn’t protect you. You should get married and then buy a house,” Ramsey said.
Even if you have to put off buying a home for an expensive wedding, Ramsey strongly recommends getting these moves in the right order.
“I don’t want your marriage ruined, and I don’t want your financial ruin,” Ramsey said.
Learn more about GOBankingRates
This article was originally published on GOBankingRates.com: Dave Ramsey believes buying a home with a partner before marriage could be a financial disaster
