<prompt> Human: My NW Mutual friend sold me a whole life insurance policy about a year and a half ago and since then Ive contributed over 4k to it and right now the net value is sitting around 1k. Unfortunately Ive only recently been doing a lot of research on life insurance policies and most of what Ive read about them is negative. Im working right now making 40kyear, saving up for a masters degree, and will most likely get married in the next few years and hopefully buy a house. So money is pretty scarce.Should I cut my losses and cancel the policy right away and lose 3k or should I do my best to hold onto it and hope I can learn to live without the 250month. I dont know if Id be able to keep those payments up during school... Also, any thoughts about leaving NW Mutual altogether? Ive got a couple other investments there. Im pretty disappointed in them right now, but mainly just mad at myself for being stupid and wreckless with my money.Please help! All opinions are very appreciated.Edit: Im 25  <response>: Cut your losses. 