Rachel Cruze \/ YouTube <\/p>\n
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.<\/p>\n
Dave Ramsey has never been shy about what really grinds his gears when it comes to the financial habits of young Americans.<\/p>\n
In an interview with Fox News, Ramsey \u2014 a boomer \u2014 shared his true feelings about millennials and Gen-Z\u2019s financial habits: \u201dThey are awful. They live in their mother\u2019s basement. They can\u2019t figure out why they can\u2019t buy a house because they don\u2019t work.\u201d<\/p>\n<\/p>\n
While this sentiment may ring true for people of any generation, younger Americans certainly have some odds stacked against them amidst high home prices and interest rates.<\/p>\n
A Consumer Affairs report found that Gen Z\u2019s money had 86% less purchasing power than baby boomers did when they were in their twenties.<\/p>\n
Despite these daunting economic circumstances, it is still possible for millennials and Gen Z to invest in the real estate market even if they are priced out of buying a home right now.<\/p>\n
Ramsey is a big proponent of the importance of investing for the long term. In a February blog post, he wrote: \u201cA solid investment strategy gives you focus, clarity and direction \u2014 and you need all three to become a successful investor.\u201d<\/p>\n
But having this clarity and direction is easier said than done, whether you’re just starting to build your portfolio or looking to expand it.<\/p>\n
Luckily, there are investing platforms out there that come equipped with expert guidance so you can start building your wealth without having to become an investing savant.<\/p>\n
Today, there are more resources than ever to help investors make informed decisions. For instance, platforms like Moby<\/a>, founded by former hedge fund analysts, offer stock research and insights tailored for everyday investors.<\/p>\n Moby\u2019s stock picks<\/a> have outperformed the S&P 500 by an average of 11.95% over the past four years, helping over five million users identify promising investments before they take off.<\/p>\n Read more: Warren Buffett says you can’t buy time \u2014 but real estate investors have found this 1 loophole<\/a>. See how they\u2019re buying back hundreds of hours a year (for absolutely free)<\/p>\n Research published by The National Association of Realtors found that home prices are on the rise in 85% of U.S. cities. As of August 2025, the median price of a new home sitting at $413,500 according to The U.S. Census Bureau.<\/p>\n Story Continues <\/p>\n With mortgage rates also still hovering near 7%, it shouldn\u2019t come as a shock that many Gen Zers and millennials aren\u2019t yet able to purchase their first home.<\/p>\n That being said, even if you\u2019re not able to purchase a home, you can still invest in the real estate market in a number of ways<\/a>.<\/p>\n Ramsey himself is passionate about earning passive income through real estate, and in a blog post suggested investing in residential and vacation rentals, with the caveat that \u201crenting out a house isn\u2019t for the faint of heart \u2014 even if you hire a property manager.\u201d<\/p>\n Backed by world class investors like Jeff Bezos, Arrived makes it easy to fit rental properties into your investment portfolio<\/a> regardless of your income.<\/p>\n Arrived\u2019s easy-to-use platform offers SEC-qualified property investments without all the hassles of property and tenant management.<\/p>\n You can easily browse a curated selection of homes and vacation units<\/a>. Once you find a property you like, you can choose the number of shares you want to buy and start investing in real estate right away.<\/p>\n Another option is Homeshares. Homeshares is changing the game by allowing accredited investors to gain direct exposure to hundreds of owner-occupied homes in top U.S. cities<\/a> through their U.S. Home Equity Fund \u2014 without the headaches of buying, owning, or managing property.<\/p>\n The fund focuses on homes with substantial equity, utilizing Home Equity Agreements (HEAs) to help homeowners access liquidity without incurring debt or additional interest payments.<\/p>\n This approach provides an effective, hands-off way to invest in high-quality residential properties<\/a>, plus the added benefit of diversification across various regional markets \u2013 with a minimum investment of $25,000.<\/p>\n With risk-adjusted target returns ranging from 14% to 17%, the U.S. Home Equity Fund could unlock lucrative real estate opportunities, offering accredited investors a low-maintenance alternative to traditional property ownership<\/a>.<\/p>\n Recently, the hashtag #daveramseywouldntapprove on TikTok has appeared across thousands of posts and millions of views. In these videos, millennials and Gen Z are exposing their money habits that the financial guru in question definitely wouldn’t approve of \u2014 like a Disney World shopping spree on credit or a $16 cocktail.<\/p>\n Creating a budget and overall financial plan can be the exact spark you need to ignite to improve your financial situation. In a video with his daughter Rachel Cruze on her YouTube channel, Ramsey shared that getting on a budget is one of the best things you can do with your money.<\/p>\n He quipped that \u201cno one accidentally wins the Super Bowl, The World Series or the World Cup.\u201d<\/p>\n In other words, you can\u2019t expect wealth to fall in your lap without effort, and we can\u2019t all call in to the Ramsey Show when we need advice. But, hiring a professional near you could help ensure your financial plan is comprehensive.<\/p>\n FinancialAdvisor.net is a free online service that helps you find a financial advisor who can help you create a plan to reach your financial goals<\/a>. Just answer a few questions and their extensive online database will match you with a few vetted advisors based on your answers.<\/p>\n You can view advisor profiles, read past client reviews, and schedule an initial consultation for free<\/a> with no obligation to hire.<\/p>\n