Personal Finance: Open Phones

Chuck talks about how Harvard University has introduced a financial aid overhaul that will dramatically reduce tuition for approximately 95% of all families in the U.S. (providing, of course, that you can get accepted!). For families with household income below $60,000 ... it's free! Also, listen to learn what kind of insurance policies are rip-offs and should be avoided -- at any cost! Verse of The Day: "Receive him forever, no longer as a slave but more than a slave -- a beloved brother, especially to me but how much more to you, both in the flesh and in the Lord." ~ Philemon 1:15, 16 Caller - My mom is 75 and has $60k in a maturing CD. She lives on SS income. Can you give me guidance on what to advise her to do with her money? Email - I have some very old credit card debt (> 10 yrs). How can I clean this up without being overwhelmed with creditors? Caller - I'm a bus driver and my wife homeschools our 2 children. My income is $30,000/yr, and is irregular. How can we improve our financial situation ASAP? Caller - Where debt free except our home and give generously. How should Christian approach building wealth? Is it Godly to save for our future? Caller - My husband was using cash to pay his business bills, but was convinced to put his money into several bank accounts. Now, we're overdrawing and having trouble managing the accounts. What should we do?