1. Repair or Replace?

    Broken Washing MachineHow to know when your appliances have reached the end of their life.

    When a major appliance in your home breaks down, you are faced with a decision: Do you pay to have the appliance repaired or do you replace it? According to Consumer Reports, the best choice in this situation will depend on the age of the appliance, its fair market value and whether it is currently under warranty.