payout. A bank offers a “special deal.”
Why it’s a mistake: Grief can impair judgment. People experiencing acute grief may be more vulnerable to risky financial decisions, scams, and pressure tactics.
What to do instead:
- Wait at least 6–12 months before making major financial decisions, whenever possible.
- Do not sell the house right away unless you truly need to.
- Do not lend or give away large sums of money.
- Do not invest in anything a “helpful” friend recommends without getting independent professional advice.
- Keep life insurance payouts in a safe,
