<prompt> Human: I was just awarded a 100k contract for work I do on the side. The size of the contract is abnormal, and I may never see something like this again. Whats the best way to improve my financial future? My initial thought was pay off my student car loans, and save the rest as cushion and for taxes.Other stats:- Im 37- Main job: 60kyr- Two car loans: 1 9 for 25k, 1 7 for 16k- Student Loans 25k 6 I think.- 34k in 401k- Home loan 2.5 HOPE modifiedEDIT: I have shitty credit 620 so refi options are limited at best.  <response>: If you can trick yourself into continuing to live on your main salary, you can do yourself a LOT of good with this hard-earned windfall.Id setup a SEP IRA and plan to max it out for the year 25 of self-employed income after expenses, so 25k. That lowers your taxable self-employed income to 75k.If you assume 25 of that 75k will need to be saved for taxes I have no idea if that is accurate for your scenario - youd be left with 56k in after-tax earnings. Enough to pay off all but 10k of your current debt. Personally, I would pay off the two debts that have the highest minimum monthly payments. Which will allow you to once theyre paid off pay more each month towards your 1 remaining debt.In this scenario, you walk away from this with 25k more in your retirement accounts and a very manageable 10k in remaining debt aside from your house.Congrats and good luck with whatever you choose to do! 