I was standing and cheering until you got to, "When you invite people to dinner, make them pay." That is ridiculous and awful.
@mean terry gross body shamer Thank you.
I hope the slow starter children are figuring on getting their stuff in order in time to give their parents material support during their retirement.
Hello? Are you all trying to talk her out of this? They are doing the right thing. They are paying it off fast so that in the end they will pay less, and will be able to retire, and educate the children they will be able to afford to have. They're putting in two years of pain to get out from under. They deserve a standing ovation.
Gargle! Gargling with mouthwash or just warm saltwater. Because disgusting cold germs colonize at the back of your throat. That's the scratchy throat feeling. Drink warm things and gargle.
Setting aside WTF a present from the minions to the boss, who is this person telling you, "Welcome to the company, everyone chips in $100"? I would want to hear from a lot more people that this is an actual fun custom in our company.
But Whole Life is more of an investment product than insurance, right? It's really a whole different thing. Term is what you do in order to provide for people you are supporting, in case you die. Long period, low premium because you're young and presumably healthy when you take it. You don't get the money back, but it's not that much money in the first place. It's just insurance, where Whole Life is a way to invest for before or after you die, with special tax aspects. My insurance agent sold me a little bit of Whole Life in addition to my 30-year Term, with the idea that if I become a sick, uninsurable person, and the Term runs out, it will be the only insurance I have. But my financial planner pointed out that the agent made more commission on the $50,000 of Whole Life than on the $750,000 30-year Term, and recommended I cash in the Whole Life and drop it. Whole Life, in amounts to replace a person's income for years, isn't what you do. I think. Surely a bunch of insurance brokers will start chiming in here any second.
So, basically it's taken six months to find out she had her one credit card for emergencies the whole time.
Mike Dang, you are the voice of reason.
The This American Life about the guy who's job is buying annuities from lottery winners who have gotten in over their heads. He says many wish they had never won.