<prompt> Human: To clarify:I just graduated with 14k in debt I have been working since high school and completed my first two years at a community college. I moved out of state for work and have been working at my job for 5 months now. I make 40k a year here. So far I have been able to save up 4 grand since moving down here. My only monthly payment is internetrent. I own my car and motorcycle. I am 23 and healthy, and was approached by my friend who works for Northwestern. He suggested life insurance, but I am skeptical. ELI5? I would like to know what my best option is right now. I dont have as much time as I would like to focus on my investing since I also run a side business. Any direction would be much appreciated! I just want to make sure my early years arent wasted. Future me would appreciate a solid early start!Many Thanks  <response>: Seriously NO! If you have dependents get TERM life only. No kids or wife, no life insurance. He is asking all of his friends because needs to make sales. 