Dave Ramsey

I don't care where you got it.

You have Exxon stock and you have $400,000 in Exxon stock.

I don't know anything about Exxon.

I've not looked at it lately.

I don't know what the stock is.

I'm not making a judgment about Exxon one way or the other.

But you just ask yourself, if I had $400,000 in the middle of the kitchen table, would I go buy Exxon stock?

Probably not because you were not well diversified.

But you just got it from your grandpa, and it's not like it's his family Bible.

It's stock.

It's not got an emotion tied to it.

And so if you wouldn't go buy it again with that same amount of money, then don't keep it.

And if you do that, if you practice that exercise, you can make decisions on whether to buy an investment, whether to keep an investment, whether to buy an item, whether to keep an item instantaneously.

It's the same part of your brain that says, I'm going to throw all this stuff away because I'd rather have a clean closet.

It's the exact same part of your brain that you're using.

It's the clutter out.

It's a declutter.

It's a cleansing process.

And you say, would I do it again if I hadn't already done it?

No, then undo it and sell the car, sell the boat, sell the Exxon stock, sell the tiny house, whatever it is.