Leigh: Graduate, art teacher, oldest sister. Works part-time at the local co-op for the discount, sells artwork at the local farmer's market, bikes to work. Vegetarian, loves to garden and has four egg-laying backyard hens. Intermediate goal: Backpack through Europe for a summer in five years.

Blake: Junior, business student, brother. Expected to someday come back to work in the family business but first he would like to try a career on Wall Street. Intermediate goal: Participate in Iron Man triathlon in five years.

Nicole: Freshman, pre-nursing student at the moment, youngest sister. Intermediate goal: Graduate in four years.

Karri: Fifth year student, communications major. Loves shoes and high fashion, chocolate and wine, and New York City. Intermediate goal: Anchor the evening news for a local television network.

Peter: Graduate from Culinary Art Institute, sous chef. Did an internship in Tokyo, would love someday to go back and visit. Originally from Colorado, wants to summit all of the state's 14,000 foot peaks someday. Intermediate goal: Open his own sushi restaurant in three years.

Brett: Second year med student, focused on emergency medicine. Interested in someday seeing the world via volunteerism for Doctors Without Borders. Intermediate goal: Complete med school and residency with as little debt as possible.

Jen: Freshman at the community college, undecided major. Very social, fastest texter in high school graduating class. Intermediate goal: Transfer to the university in two years.

Jack: Recent graduate in general studies. Currently tending bar part-time, no benefits. Would like to advocate for paintball as on Olympic sport. Intermediate goal: Decide on a career and avoid moving back in with mom and dad.

a) Leigh, Blake and Nicole's grandparents were over to the house visiting for brunch. After visiting, the grandparents offered each grandchild a gift of $10,000 if each could present a financially responsible plan for how to use the gift. In light of their intermediate-term goals, what plans would you recommend to Leigh, Blake and Nicole?

b) The other housemates, upon hearing the story, decided that 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.