Debt

What happens to the debt?

Elizabeth is a high school student, who is studying Dave's "Foundations in Personal Finance" curriculum. She calls in to ask what happens to someone's debt when they die, and there are no heirs to take responsibility for what they owed.

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Debt and income crisis

Bill has a lot debt, and little income, as he finds himself starting over financially in life. He asks about using a consolidation company, but Dave urges him to stay away from those types of things.

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Your habits need to change

Walter wants to use a credit consolidation option to help pay down $40,000 in debt. Dave advises against this, saying the biggest problems Walter faces are his own habits and behaviors.

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Leasing equals financing

Monica wants to know what Dave thinks about leasing cell phones. It comes as no surprise to find Dave is not a fan.

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