<prompt> Human: My cost of living is quite low at the moment and Ive managed to save up around 10,000. About 29,000 is in a mutual funds account as insurance money from a serious car accident several years ago. Right now Im trying to figure out how to best use my money rather than have it sit around in the bank. I dont know anything about investing or how to make money with money, so I could use some advice. I hear people talk about making your money work for you and I dont know what that really means or how to do it. How can I best use my available funds?  <response>: If 29,000 is invested in mutual funds, Id say just keep it there and let it grow double check that your expense ratios are low and that you have an asset allocation that fits your goals and risk tolerance. One goal you might have with that money is to use it as a down payment for a house. If thats the case, you might be ready to buy right now. As for the 10,000 in liquid cash, Id park it in a savings account like Ally where you get a 1 interest rate and just keep it as an emergency fund. 