Summary: Summertime Money Lessons – Howard Dayton and Steve Moore offer tips for using the summer months to teach your kids financial lessons that will last a lifetime. Then they turn to questions from listeners (800-525-7000 or moneywise@compass1.org): “My sister recently passed and we found that she had taken out credit cards in our parents’ name. What should we do?” “I’m receiving collection calls for a relative who doesn’t live with me. How can I stop this?” “Should we continue to pay down our student loans asap or save that money for our kids’ college?” “What do I need to put together to put my estate in order?” “My estranged husband has taken out credit lines in my name. What can I do?” “Do you recommend high-mileage vehicle repair warranties?” “Making my granddaughter a trustee of family trust. How can I ensure the trusteeship will be conducted responsibly?” Be sure to check out the Compass website for a complete listing of helpful resources and radio archives. Thanks for your prayers and generous financial support which allow us to keep MoneyWise on the air!
