<prompt> Human: 27, married female. I found out that my mother put together a trust fund for my siblings and I before she died 10 years ago. My sister turned 18 this year and my uncles, who are the executors, are disbursing the interest every year until she turns 30 at which time they are going to divide it evenly between us there are 3 of us. Our share this year is about 12,000 each. My current plan is to pay off the 3,600 on my credit card that I used last month to repair my car recently and use the rest to begin building my emergency fund. Aside from that, I have no other debts. Im working on my masters degree and will be complete next spring, but my employer pays for about half and I can cover the rest. I currently contribute 800 a month towards my Roth and my Regular TSP. My husband and I started a mutual fund with the long term goal of saving up for a down payment on a house and I was thinking of contributing my share to that every year, but would it be better to put it in my TSP, max that out and then put the remainder in the mutual fund?Also, Im not certain how much total is in the trust fund and I know investments did pretty well this year, but I think my share might be enough to purchase a house in full. Were both in the Army right now and not looking to settle down anywhere soon. Im just not really sure where the best place to save the money is. I absolutely do not want to spend it. I have everything I want and need and I know my mother would want me to use it well.Assistant: My husband and I started a mutual fund with the long term goal of saving up for a down payment on a houseWere both in the ArmyYou will probably be using a VA loan and therefore wont need a down payment. Depending on the market when you purchase the home, it may even be advisable to not buy it outright, since VA loans generally have great interest rates. Get that debt paid off, get your emergency fund up to speed, and make sure your TSP is on track to have all the money you will need for retirement. After those goals are met, then you can start putting it into that mutual fund.Edit: If one or both of you retire from the military and you manage this right, youre in a good position to never have to work again after 40.Human: Were actually considering not using the VA home loan because theres a fee you pay for using it. Thanks for your advice. Also, hes very handy and were considering a fixer-upper and one of the criteria for a VA home loan is that it has to appraise at what the sale price is and has to be livable, so many fixer-uppers are disqualified.  <response>: The fee you pay takes the place of PMI and is going to be made up for by the lower interest rate pretty much immediately. VA loans are not easy to beat. 