<prompt> Human: Hi. I dont have a lot of luck with anything I post, but I thought Id throw a shot in the dark. First, my family is well off. Or at least I think we are. Ive been on allowance from my parents all my life Im 23, and yes, I know thats sad. Ive also been in school for 6 years, with two more years to go so theres that. I had a run in with depression and majorly changing my educational path.I have a tax free savings account I live in Canada that I saved about 10,000 from the allowance that I receive. Recently, I was given a savings account from my parents with around 30,000 to replace my allowance. Logically, I know these are big amounts. But I dont know what they equate to. Or even how long they should last me. Or how much I should be saving or investing ???. I know I am very lucky to have not had any financial troubles growing up and to be given this. But thats also why Im posting here. I dont want to waste my good fortune away because Im scared of budgeting. I know school costs about 6,000 per semester and I have two years left. My yoga membership costs about 1,000 annually. I dont pay rent because I live with my family. And the rest I have no idea. Could someone start me off and give me a rough idea about whats the smart way to portion this moment? Edit: gym yoga membership  <response>: Do you know how much you spend a month on food? Do you know how to cook? Do you have a car and need to pay insurance gas? Have you ever kept track of your expenses? What was your allowance and how long did you save that 10k over? Off the bat you shouldnt invest any of that money. You need that cash for your tuition and other expenses. You cant really tolerate any investment losses since you needed all that money in the near future i.e. next 2 years. I think the very first thing you need to do is get a part time job. You clearly dont know the value of money, and you need to learn it. Getting a job will be critical for learning that and helping you grow as a person. Longer term, you also need to think about what jobs your degree will help you get and what you might expect to earn. Once you have been working a while, it would also be a good idea for you to look at renting an apartment. Not that its a smart idea for you to move out you cant afford it, but again, to help you understand the value of money and what it takes to live in your area. On the yoga. Unless going to a class is helping you with depression, do you need to be going to the class? It may look cheap at 5 a lesson, but no matter how you slice it - its still 1k a year! Can you do yoga at home? If so, you just saved 2k over the next two years! Thats a huge amount to save over something very simple. 