<prompt> Human: Hello I am a 20 year old college athlete and I just received 3,500 from a family member. This is the most money Ive ever received at once, and I am uninformed when it comes to managing money. Could you please provide me some useful advice? What should I be thinking about? What would you do with the money in a similar circumstance? Ideally, I want to have it grow and work for itself. Should I consider stocks? Should I just put it in a savings I know rates are low? I have a solid appetite for risk. Should I consider opening a brokerage account and buying some mutual funds? Thank you very much!  <response>: Please read the information found in the FAQ particularly I Have X ... What Do I Do With It?! and the Long-Term Investing Start-Up Kit You are likely going to be best off putting your 3,500 towards any outstanding student debt you owe, or by simply keeping it in a savings account to be used for living expenses. 