Host of Netflix's 'How to Get Rich' says these are the 2 spending habits that people mess up

• The two biggest spending mistakes people make are on homes and cars, Ramit Sethi, a personal finance expert, said.
• Sethi, host of Netflix's "How to Get Rich," said Americans have a "religion" around ownership.
• This leads people to overlook costs that might make renting a better financial option for some.

Ramit Sethi is a New York Times bestselling author, host of his own Netflix series, and the proud owner of a 2005 Honda Accord.