Kat in Austin lost her husband eight months ago. She thinks she’s bankrupt and is making $52,600 a year. She has $60,000 in credit card debt and owns two homes. One is worth about $102,000, and the other is worth $175,000. She has another $16,000 on a car loan. Dave thinks it’s time to sell at least one of the houses and the car.

Charlie in Dallas has had a business for 20 years, and his wife never had to work. In 2008, he told her he needed her help but she wouldn’t go back to work. They have five kids, and they are struggling to make the bills work. Divorce isn’t in the picture. What does he do? Dave thinks his business is failing, and his wife isn’t being unreasonable.

Dave reads comments from listeners.

Ashleigh in Buffalo is 21, and her father passed away last month. She is the executor of the will. He owed $59,000 on the house, and she thinks it’s worth about $130,000. He also had a home equity line of credit for $25,000. Should she probate it or let it go into foreclosure? Dave thinks selling it and renting a house would be a better idea.

Jason in Texas is starting to get his financial life in order, and has an opportunity to take out a signature loan to knock out all of his credit card debt that totals about $5,000. Jason also has a $30,000 car loan. Dave says he has to sell the car and that the interest rates on the credit cards aren’t his problem.

Dave reads comments from listeners.

Kelly in Lubbock and her husband have inherited $200,000 from his parents. They owe $151,000 on their house and have $14,000 on a car note. They also have one credit card with a $1,700 balance. They have six children, and both are in college. How do they prioritize the money they inherited? Dave walks Kelly right up the Baby Steps.

Laura in Memphis and her husband are on different pages when it comes to money. It’s split into his and hers. Laura doesn’t think he trusts her because his ex-wife couldn’t handle money. Dave tells Laura she has a marriage problem, and they need marriage counseling.

Jen in Michigan is in the process of moving to Michigan and selling a house in Ohio. They went into contract on the house on July 17th. Jen got the inspection today, two days late. But the buyers asked Jen to lower the purchase price by another $8,000 in lieu of repairs. The repairs weren’t listed. Dave says no way.

Morgan on Twitter asks if there is a percentage per income of the amount of car Morgan should buy for cash. Dave explains that the more you spend on your car, the broker you’ll be.

Dave reads a blog post by Dr. Thomas Stanley on the kinds of cars the rich drive.

Cathy in Missouri has a father who is a decamillionaire. He stopped paying on his insurance premiums and told Cathy and her siblings they could pay for it if they wanted. They paid the premiums for a while and then couldn’t do it anymore. They borrowed to pay the premiums. The bank is now owed $75,000. Dave says this was a ridiculous plan.

Laura in Kansas City and her husband are completely debt-free. But Laura has some siblings who aren’t employed in addition to her kids having problems. Laura feels a compulsion to help them. Should she? Dave tells Laura they all need to get jobs, and she needs to stop enabling these people.

Jenn in Nashville recently had her car repossessed, and she’s considering bankruptcy. She makes $32,000 a year and had a $400 car payment. She also has $25,000 in credit card debt, and her rent is $699 a month. Dave suggests that Jenn get a roommate and start paying her debts instead of filing bankruptcy.

Mike in Los Angeles is recently married, and his wife has a $48,000 student loan. He has some savings, and his wife wasn’t comfortable with him cashing out his stock to pay them off. She wants to pay it off herself. Dave suggests asking her why she doesn’t want to combine their debts and pay it off.

Leslie in Atlanta is calling because her parents have no retirement and are surviving on Social Security. Her father has terminal lung cancer and is no longer able to care for himself. Her mother can’t return to work to in order to care for him. They can pay necessities but not the credit cards. Can they get the house? Dave says no.

A Twitter listener says her household is set, and she’s getting married. Is there a nice way to ask for cash instead of gifts? Dave says he has no idea.

Anita on Facebook asks if she needs life insurance. She has no children, and she’s debt-free with enough money to pay her bills if she dies. Dave doesn’t think she needs it.

Ann on Facebook says her husband won’t go to visit family for a family reunion in Illinois next summer unless they’re out of debt. She thinks it’s okay if the trip is to visit family. Who’s right? Dave agrees with her husband and tells Ann there are no vacations while getting out of debt.

Kevin in Texas from MyTotalMoneyMakeover.com says his mother is a poor manager of money and is on the verge of being foreclosed for unpaid property taxes. How can he best help her? Dave says Kevin should only help her to the extent that she will help herself.

Dave reads comments from listeners.

Jonathan in San Antonio is interviewing for a job in Dallas. He wanted to go to graduate school and get his MBA before he got married and had a baby. But he is now married with a baby, and his wife is a stay-at-home mom. She’s working, and he wonders if he should go back to school. Dave tells him to do the MBA at night.

Anne in Washington, D.C. just discovered that her son and his wife have $100,000 in credit card debt. They want to pay it off and have an income of $200,000 a year. How can she put them on the right path? Dave says it’s time for them to cut their lifestyle.

Dave reads comments from listeners.

Julia in Atlanta has $76,000 in debt including $60,000 in student loans, $3,000 on a car, and $13,000 on credit cards. She is making $52,000 a year and is set to make $75,000 in a couple of more months. She wants to be out of debt in two years. Her husband isn’t on board with the plan, though. Dave thinks Julia’s husband is arrogant.