How much debt are you in? The members of today's Dr. Phil audience owe a total of $29, 336, 274! During tough economic times, with foreclosures on the rise and gas prices sky high, families panic about money and some are only one paycheck away from being on the street. Dr. Phil shares the five biggest money mistakes people make. Listen up, so you don't fall into the trap!

Brandy and Greg say two years ago they were living the American Dream with a six-figure income, big house, nice boat and four beautiful children. Now, they have no income, have maxed out their credit cards and are struggling to keep a roof over their family's head. Brandy says the financial stress is taking a toll on their marriage.

How did they end up in this position, and how can you avoid their outcome?

Bill collectors call their home so frequently that Brandy and Greg will oftentimes unplug their phone to avoid conversations about the money they owe. Financial expert, Loral Langemeier, pays them a visit to help get their finances back on track.

Loral's 90-day plan for Brandy and Greg.

Milton and Patricia were featured on Extreme Makeover: Home Edition and were awarded the largest home ever given away on the show. Recent headlines declare the couple is bankrupt, and claim the house is near foreclosure because of their frivolous spending. 

Milton and Patricia share their side of the story.