<prompt> Human: Firstly, Im gonna apologize because Im completely useless and basically an idiot when it comes to anything financial. Im not good with terms or expressions beyond savings account and dollars. So youll probably need to explain like Im 5, and even that might be a struggle.Anyway. Long story short, I have a Mutual Fund Large Cap Stock Fund - A that was given to me several years back for... some reason. My dad handed the account over to me and told me that it was from my grandparents, but when Ive asked my grandparents about the account, they were weirdly tight-lipped and never told me anything about it or what the Fund was even meant for. Since then Ive just been letting it simmer and paying taxes on it each year.Ive done some internet searching and poking around, and I get the gist of what a Mutual Fund is basically a fancy stock made up of a bunch of smaller stocks from multiple sources, but I cant find any definite information on how to handle it or how theyre best utilized. Apparently theres also dozens of different types of Mutual Funds, and trying to figure out what each one means is making my head spin.Now the payoff. Pun sorta intended. Right now the Mutual Fund is hovering at right around 8,000 give or take whatever is going on with the stock market. My wife and I just had our first kid and while were not really hurting, per se, it would be massively beneficial to us if I could get rid of some of my monthly obligations in order to give our wallets some wiggle room until my wife is able to return to work. Im still working out how to best utilize the 8k, but in effect, I could eliminate at least one loan andor credit card bill and greatly pay down another. After that I could divert the money from the newly-closed bill into day-to-day expenses, or even start to pay down another of my loans if things are going well enough.On the surface it seems like a pretty easy choice to make. Cash out the Mutual Fund that I know nothing about to take a substantial cut out of my debt. But on the flip side, I have no idea if there are going to be any sort of penalties or consequences for closing said Mutual Fund, or even if its better to just hold onto that Fund for the future.For what its worth, we are making all of our obligations and payments each month, including things like groceriesrentutilitiesetc. This move is solely for the purposes of creating a financial cushion and getting rid of some long-standing debts.Please, help out this poor moron. Will gladly take any sort of name calling or berating in exchange for solid advice. Thank you.tl;dr: Is it a bad idea to close out a Mutual Fund in order to pay off some of my debtloans?EDIT: Looks like Ill be selling the Mutual Fund. Thanks for all the help!  <response>: You have the right idea. I would cash out the mutual fund and payoff your debt. 