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Financial Peace Insurance Lesson

March 31st, 2011 at 04:10 am

Tonight is the insurance lesson for my newest FPU class. I always dread this lesson because, though it's a great lesson, it makes me cry every time. The story at the end of the young man providing for his family is just too sad. You'd think that since I've seen this lesson many times that I would become immune to it. Not so. I always warn the class ahead of time that it will be a sad one and that I will provide Kleenex.

One of the members mentioned last week that she's really been looking forward to this lesson because she has insurance, but has no idea if it's what she actually needs or not. How many of us are like that? I know I was!

2 Responses to “Financial Peace Insurance Lesson”

  1. monkeymama Says:

    The sad thing is even of the financially savvy people I know, very few have wills or life insurance (though they have kids!!!). I just have no idea what people are thinking...

    I suppose I have personally seen too many situations where people passed on unexpectedly (very young, with kids). It's very clear to me that it happens, and what the consequences are when you don't plan for these things.

    Even if you don't have children or people to support. A friend of mine was recently desparately raising money for her father's funeral. There was absolutely no plan in place - just more debt for his adult children so they could bury him.

  2. LivingDebtFree Says:

    This is a good topic for discussion, MonkeyMama! I'll have to add it to my ideas list.

    I have to confess that DH and I have not done a will yet and really have no excuse except that it keeps getting put on the back burner and forgotten. I am going to have to make it a goal to have it done by the time I finish this FPU class!

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