Money Matters

Are you in debt? During these tough economic times with foreclosures on the rise and gas prices through the roof,more and morefamilies are panickingabouttheir financial stability,and someare onlyone paycheck away from being on the street.Would you and your family know what to do to survive? Just two years ago, Brandy and Greg say they were living the American Dream: a big house, a fast boat, plenty of spending money and four beautiful children. That all changed when their six-figure income was reduced to nothing. On the brink of losing everything, how did this family end upnearly a quarter of a million dollars in debt, and could it happen to you? Money expert Loral Langemeier shares a 90-day plan to help get their finances back on track. Then, Milton and Patricia were awarded the largest home ever given away on Extreme Makeover Home Edition.The headlines now report that themini mansionis near foreclosure because of the couple's frivolous spending. They come to Dr. Philto set the record straight andclean up their financial mess. And, Dr. Phil reveals the five biggest money mistakes people make. Could you be making them right now? You don't want to miss these tips! Learn more about your ad choices. Visit podcastchoices.com/adchoices