<prompt> Human: Im a 20-something whos never had this kind of money before. I have 50,000 in student loancredit cardauto loan debt which Ill pay off first. Then Id like to buy a house... But what price range should I aim for? How much should I save? Should I invest? I have no idea when my next paycheck of this kind will come again - could be next year, could be in six months, could be in five years, or never again. Thank you for your advice.  <response>: If this was freelance work, Im going to bet that you didnt have anything taken out for taxes. With that sort of income, you are going to be hit with a ginormous tax bill. Please consider seeing an accountant to run some projections for you and help you pay estimated and self employment taxes properly. 