<prompt> Human: Hello everyone I am hoping for some advice. Ive never had much money at my disposal and didnt learn any money management when I was younger. Now that I have access to money I want to invest it smartly or just leave it where it is at. I am 28, married, and 3 kids under 3 years. My wife and I lived paycheck to paycheck with the hope that one day the kids will be in school and she can re-enter the work force. Our home has went up in value so we decided to get a line of credit and consolidate some bills. The original loan home equity loan was for 85k and we used 35k to payoff cars and a credit card. I have a retirement without a Roth and we are currently thinking about a 529 for the kids college. Should we use the line of credit to set up a 529 for the kids and a Roth for ourselves? Should I take it a step farther and invest the money thinking it will make more than 4.5? Currently the 4.5 is tax deductible. Thanks for taking the time to read.  <response>: Im not sure why youd want to take money from a loan and put it into a college fund or try investing it. That sounds like all sorts of terrible to me.If anything, youd take the money you would be using to pay the line of credit and put that money towards that 529 or whatever investments each month. 