<prompt> Human: Married for almost 3 years. Im making 35k a year in a catering business, wife is a nurse but wants to be a stay-at-home mom. I am looking to get term life insurance but wife and mother-in-law are dead set on whole life insurance.I am constantly reminding my mother-in-law of her dead ex-husband who died of cancer after a lifetime of working part-time at Wal Mart. I have been fired from two jobs since we have been married, which doesnt help, but I am always willing to work a full-time job and a part-time job, even stooping so low as to make pizzas for federal minimum wage for a while. Right now I do 15hour as a sous chefkitchen manager and a part-time 9hour fast food position.Wife was in nursing school when we got married, so I left my school and my job to live where she was and put my school on hold while she got her degree. Now she has it, but all she wants to do is be a stay-at-home mom. I only have an associates degree. I was meaning to be a teacher, but now I want to do software engineering or something similar. I could do online school, if I could focus and actually do it. There are brick and mortar schools but it would require a 30 to 45 minute commute both ways.I want to take care of my family. We have a 14 month old baby and another on the way. I just hate that every article I read and every expert says term life insurance is what you want, but my MIL is convinced I need Whole Life in case I die after 31 years, because funerals are 16k, and her husband had debts to pay when he died. What do I do?  <response>: Whole life insurance is a terrible investment. Get some term at a much lower rate and then take the difference and invest it in mutual funds. Run the numbers. Show them to the wife and mother-in-law. 