<prompt> Human: Hello, I am graduating in May and have a position already secured. I will be making 50K a year. I just inherited a decent amount from a trust, around 11k. With this money do I:A. Secure it into an IRA B. Pay of credit card debt and then apply the rest towards loansC. OtherAny suggestions would be much appreciated! Thank you!!  <response>: Pay off your credit card debt. People dont understand that credit card debt is one of the worst kind of debt to have. How do you think banks are making so much money? From the ridiculous interest. Pay it off otherwise youre throwing money away. Next, pay off the student loans. You might say 12k in loans isnt much and you can pay it off later but why would you pay it later with interest added on it? It becomes a monthly payment and a hassle. Trust me. Clear it first and be debt free. The 50k a year you make will be all yours and you wont owe anyone shit. Then budgeting will become easier and the savings will add on quick. But at the end of the day, its your decision so think it through and best of luck! 