Dave Ramsey: Renting Is Not a Waste of Money — Mortgages, Student Loans and 5 Other Things To Actually Avoid
Renting is not a waste of money, according to financial expert Dave Ramsey, who advises waiting until you're financially ready to buy a home, which includes being debt-free, having a substantial down payment, and maintaining an emergency fund, while also urging individuals to avoid certain mortgages, student loans, timeshares, credit cards, payday loans, car leases, and lottery tickets to prevent wasting money.