<prompt> Human: Hello,First off, I would like to note that this is no means of bragging whatsoever. I am more so overwhelmed by all of this and ironically very humbled. I am earnestly seeking the generous help of rpersonalfinance as I feel lost and unsure whom to seek unbiasedtrustworthy advice from. Thank you all in advance!To quickly introduce, I am 23 years old and grew up in an immigrant household with a low income. Point being, I never learned how to manage large sums of money nor have I ever had any savings greater than a couple hundreds of dollars.I graduated with a B.S. in molecular and cellular biology predominantly doing scientific research another point being I have no expertise in handling money. After a few unexpected turns of events, I now find myself in a position earning around 300k a year effective in a few months. This is not necessarily a windfall as itll be a foreseeably steady and secure income.I took around 2 hours to read the sidebar, but I am still not too sure what to do with this change in lifestyle. If there is anything else I should add, I will be active in the comments. Any advice will be of help. If there are any related threads that I may have missed, I would love to read them. Thank you very much!  <response>: A little more info would be helpful in order to give you the best advice.Do you have any student loan or other types of debt? If so, what are the interest rates?Do you live on your own currently? Do you live in a LCOL low cost of living MCOL, HCOL, or VHCOL area?Current state of your finances?Oh, and congratulations on the big raise! 