<prompt> Human: Hello reddit, im helping out a friend who has received 100k in inheritance. We live in NSW Australia, hes just looking to receive any sort of advice or tips, thank you in advance.  <response>: It depends on your friends financial situation. You havent given us any information so we cant give you anything specific for him.He should probably take a read through of the windfalls wiki page and the common topics as well. Theyre geared to an American audience what with 401ks and IRAs but thats mostly just for retirement and taxes. 