<prompt> Human: My Grandfather just died and left me 30k. What should I do with it? about my situation: 31 years old not married 40kyr salary 5k in a vanguard roth IRA I have an emergency fund saved 3-4mo expenses No other investments Id like to buy a house soon as I feel like Im throwing away money on rent, and I live in a hot housing market. Rent and home prices keep rising. Im also interested in starting a small business in the next couple years. So, I could really use advice here. Do I spend it towards a traditional 20 home downpayment I would probably need to save more to get a decent house around here, estimated 300k? Do a 5 downpayment on a government backed loan? My girlfriend would be moving into the house as well and contributing 5050 to the mortgage and expenses as well. well probably be married within 2 years Ive heard differing opinions on weather or not PMI is worth the cost vs downpayment savings. Care to chime in on that? Should I max out my tax deductible IRA contributions for 2015? havent filled my taxes yet For 2016 also? Should I just put it all into the business? Stocks? Bonds? HELP!! Thank you.  <response>: My girlfriend would be moving into the house as well and contributing 5050 to the mortgage and expenses as well. well probably be married within 2 years Do it once youre married. If youre not ready for the commitment for marriage, youre not ready for the commitment for the biggest financial decision of both of your combined lives. Besides, you both need some time to save up for the 20 downpayment, to get rid of PMI. 