Michael in Atlanta has a son graduating high school this year. Michael wants to know how to best support him while not enabling him to become a professional student. He has been accepted to two universities with full tuition scholarships. Dave helps Michael determine what the budget is going to be for this child.

Dave rants about the need for parents to step up and guide their kids when it comes to college choice.

Dave speaks to the latest $1,000 giveaway winner, Frank in Washington.

Bill and Emily in Missouri are debt-free! They paid off $14,000 in 13 months making $29,000 a year. To make this work, they sold a car they knew they didn’t deserve yet.

Nick in Illinois and his wife have an opportunity to move into his mother’s house. She has a full basement, and they’d like to pay off their debt while living there. Is this a good plan? Dave thinks they need to roll up their sleeves and get on a plan instead.

Craig in Maryland has $400,000 in debt. He sold a farm for $935,000. He plans to pay off the debt, but what should he do with the other $500,000? Dave tells him he shouldn’t touch this money until he has a plan and a career goal.

Joe in Indianapolis is looking into a business opportunity after selling a company. He was incorporated, and when the company got into a cash flow crunch, he had a problem with a vendor who garnished his account. Dave thinks the problem is that Joe didn’t treat his corporation as a separate entity.

Jessica in Seattle and her husband are getting out of debt and are on the same page. However, both sides of their family are in financial disaster. Her husband’s brother needs money to move. He’s asked the family to contribute to that, and Jessica says they don’t have the money to give. How do they convey that to the family? Dave says they can’t because of the family perception.

Mary in Orlando and her husband own a small business. They receive a renewable grant each year from the federal government. Because of this, they have difficulty developing a great marketing campaign. Dave suggests setting up a five-year plan despite having to rely on the grant each year.

Josh in Grand Junction is calling because his son has been diagnosed with diabetes. Treatment has been expensive, and some friends offered to do a fundraiser. They raised $22,000 for his care. They also received a $10,000 piece of equipment they needed. Josh and his wife don’t know what to do with this money now. Dave offers his thoughts.

John in New York City got into a business, and it’s doing well. He’s earning too much to keep it under his mattress and would like to know what to do from here. He expects to make over $21,000 this year as a wedding officiant. Dave explains the best way to keep this money separated as business income.

Claudia in Los Angeles is debt-free except the mortgage. She and her husband have some stocks that would amount to enough to pay off their house. Should she sell them to pay it off or continue working toward paying it off without using the stocks?

Allen in Little Rock received a $5,000 inheritance from his parents. He isn’t sure if he should tithe on the money. Dave explains his interpretation of tithing in this situation.

Missy in Memphis and her husband have $200,000 in savings. She has another $50,000 in retirement savings. She would like to put in a swimming pool for about $100,000. Their home is worth about $900,000, and she’s considering financing it. Dave tells her to put in the pool as long as she pays cash for it.

Kevin on Twitter says his son will start driving in two years. Should he pay for his son’s car?

Joe in South Dakota is getting married and is about to graduate from school. His fiancée doesn’t have any debt, and he’d like to start their marriage off without debt. What’s the best way to get this marriage off to the right start when it comes to money?

Debbie in Los Angeles is calling because her husband’s family has asked for money to pay for his grandmother’s funeral. Her husband feels obligated to help while Debbie doesn’t feel the same obligation. How much obligation do they actually have in this situation? Dave thinks this situation is on the grandmother’s kids and not the grandchildren.

Dave joins Your World with Neil Cavuto for a simulcast.

Todd and Lauren in Grand Rapids are debt-free! They paid off $75,000 over 16 months making $75,000 a year up to $90,000 a year. His wife got a new job and increased their income. Todd says it all came down to the budget when paying this debt off.

Joe in Portland is a partner in an architectural firm. He owns a third of the business with two other partners. He likes the company and the partners, but he isn’t sure he should keep doing this to generate income so that his partners can get a paycheck. Dave advises Joe to be kind to his partners by being direct and gaining some clarity.