<prompt> Human: So... Ive been working for the last year and saving money in cash literally hidden in my room.Im 30, have no retirement savings, no car, no house, no assets and no need for any either. I can save maybe 1k per month in the months to come maintaining my lifestyle.Im from Australia and live abroad, my only debts are my University HECS debt low urgency.What is the best route for this money? Keep as a safetynet? Deposit for first house? Or invest in something?  <response>: Having 10k in cash in your room is not an ideal situation. Forget about the time value of investing, just think about theft andor fire. It would be much safer in the bank, even if it wasnt earning interest. I would start saving for your retirement first, and then start saving for a house andor other big purchase that will come up in your life. 