<prompt> Human: Grandmother is gifting me 120,000 and Im not sure where this money should be placed. Im a recent graduate 25 yrs old and living in downtown Toronto. I have a full-time job, currently paying off my student loans 25k and have no savings. What type of account do I put this in? What are my options?  <response>: Pay off loans STAT. Then check out sidebar. Then go on a nice holiday. 