Hour 1: Aired on Wednesday, April 20, 2016

- Sara (Dallas) wants to know if she should cancel her life insurance because the premium is too expensive.

- Frank (Rochester, NY) wonders if he should help his adult children put money into a 529 for the grandkids.

- Amy (Columbia, SC) owes $19,000 to her parents and wants to speed up Baby Step 2.

- Valerie (New York) asks if she should transfer her nursing-home-bound parents' assets to her name to protect them.

- Andrew and Amanda (Tampa, FL) are debt-free after paying off $55,000 in 14 months!

- Peter (Los Angeles) has more than $600,000 in debt from bad real estate deals.

- Dave explains what a short sale is and how to avoid the pitfalls Peter encountered.