Focus On Education

DAVE RAMSEY: Buying home before you’re ready a bad idea
Dear Dave: We’ve got $1,000 in our starter emergency fund, and we’ve paid off the last of our debt. We’re renting, but now my wife really wants to buy a house. On top of this, she wants to go the route of 100 percent financing and argues that a mortgage payment wouldn’t cost any more than we’re paying in rent. She’s extremely upset because I’m against the idea. How can I explain to her that this …