February 28 - Online Discussion Question 3

Allen and Grace are blessed. Their moms are still alive and self-sufficient thanks to Social Security and modest pensions. Their dads had life-long jobs from which they retired. Both died after drawn-out illnesses that depleted their assets. Neither mom has any long-term care insurance, and they share a common interest in not talking about such a morbid, depressing subject. When Allen or Grace bring the subject up, they laugh and wave it off. Should Allen and Grace leave the subject alone?

February 28 - Online Discussion Question 2

Maurice, your cousin, has gone to work at Midwest Mutual, a huge whole life insurance corporation. When you come home from school, he’s sitting across from your parents and smiling. They’re about to buy a joint whole life policy that will pay $100,000 if your dad dies and will build savings as they pay the premiums. You want to stop him, but he’s “family,” so you can’t insult him. You decide to ask him questions that will reveal what a bad idea the policy is. What questions will you ask him, and why?

February 28 - Online Discussion Question 1

Rocky turned 16 and got his driver’s license. His parents bought him a beater, but he has to buy his own gas and insurance. He mowed lawns all summer and has some money, but the cost boggled his mind. He went to a shoddy storefront and bought minimum liability, a high deductible, and no collision. When his mom and dad found out what he’d done, they weren’t happy about it. He can’t understand why. According to the state, he has what he needs. It isn’t fair for his folks to demand more. Or is it? What do you think?