i reacently sold a house and made 45,000 profit. i was told to put most of it toward a motor home we purchased

Question

i am retired, my husband works. the payment is difficult to make sometimes. i didn't do what he told me to do. should i have done what he said?

Answer 1

Anytime the payment is difficult, and makes you uncomfortable you have made the wrong decision.

Answer 2

If you have put yourself in a difficult financial situation, you may have made a mistake. Can you refinance your motorhome to reduce the payments? Are you in a situation where a reverse mortgage makes sense?

You should probably talk to a reputable financial advisor.