Hold that thought if you’re considering selling the house for a snug little condo. There's something comforting about staying put where the memories line the walls, and your home could be worth a lot more down the line.
Keeping your life insurance makes sure your family is financially stable and can handle things when you're not around. You’re paying for peace of mind, plain and simple.
As we get older, our bodies seem to have more squeaks and creaks, so cutting down on health insurance to save a few bucks might backfire. You’ll appreciate sticking to it when a surprise medical bill arrives.
These investments need time to mature, like a good wine, and cashing out when the market dips means you could miss out on the gains when things look up again. As with most things, patience is your friend here.
Pulling money out of your IRA or 401(k) early can land you some penalties and taxes. These accounts will help make your later years smoother, so stick with them and let them do their job.
That old clock from grandma or the china set from your wedding day might fetch a decent price, but some things are just priceless.
You should hold onto any stakes you have in a business because these investments can continue to give you income and benefits, like health insurance, even when you're not showing up at the office every day.
Selling the car may give you a lump sum to stash away, but how will you get around? Keeping your vehicle means staying independent because you won’t have to rely on buses or expensive taxis.
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