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Leigh, Blake, and Nicole's grandparents were over to the house visiting for brunch. After sharing the story of Wild Willie, Smart Sam, and Dedicated Dave,

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Leigh, Blake, and Nicole's grandparents were over to the house visiting for brunch. After sharing the story of Wild Willie, Smart Sam, and Dedicated Dave, the grandparents offered each grandchild a gift of $10, 000 if they can present a financially responsible plan for how to use the gift. In light of their intermediate-term goals, what plans would you recommend Leigh, Blake, and Nicole offer? The other housemates, upon hearing the story, decided they would begin to set aside $20 each week to put toward savings. Keeping in mind the intermediate goals of each housemate and checking www.bankrate.com for the current options in today's market, create a savings plan for each member of the household (i.e., lump sum, annuities, what they would put away and when, and what each option would deliver in savings in the end) A summary of the housemates' goals can be found in the first Continuing Case problem on page 27. Leigh, Blake, and Nicole's grandparents were over to the house visiting for brunch. After sharing the story of Wild Willie, Smart Sam, and Dedicated Dave, the grandparents offered each grandchild a gift of $10, 000 if they can present a financially responsible plan for how to use the gift. In light of their intermediate-term goals, what plans would you recommend Leigh, Blake, and Nicole offer? The other housemates, upon hearing the story, decided they would begin to set aside $20 each week to put toward savings. Keeping in mind the intermediate goals of each housemate and checking www.bankrate.com for the current options in today's market, create a savings plan for each member of the household (i.e., lump sum, annuities, what they would put away and when, and what each option would deliver in savings in the end) A summary of the housemates' goals can be found in the first Continuing Case problem on page 27

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