This is the Ramsey Call of the Day, part of the Ramsey Network.

You know, in the building wealth event, one of the things we talk about is that when you get desperate, afraid, or angry, the higher thinking parts of your brain shut down.

And you don't make good decisions.

So I have found in my life, once I get, if I get greedy, if I get afraid, if I get greedy if I get afraid if I get desperate right after that I get

stupid and right after I get stupid I get broke er and so that's what's happening in the

housing market right now because oh God the house prices are up and oh, God, the interest rates

went up and oh, God, I've never going to be able to get a house. Oh, God! And once your brain

starts doing that, you're getting ready to do something stupid. Party's over. There's going to be a

lot of regret and they call into this show and go, Dave, I did something stupid. Dave, help me.

Where were you three years ago when I was doing something stupid?

I was sitting right here.

It's where I've been for 30 years.

They always find the show.

I haven't moved.

As soon as they do it.

And I'm still telling you the same things about money because these principles that we teach are

timeless.

Now, we teach people to get out of debt and stay out of debt. When it comes to a house, it's the only debt we don't yell at you for.

And we always have told you, and we still will tell you, even with the house prices so high, to get a 15-year fixed rate where the payment is no more than a fourth of your take-home pay.

Now, why do we do that?

Just because we're kill joys?

Kind of.

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