<prompt> Human: My grandpa passed away recently and we are selling his house. I am getting roughly 5000 dollars from the sale. I am wondering what I can do with that money? Im hoping for something longer-term and safe to make my family happy.  <response>: In this order of priority. If 1 doesnt apply, go to 2. If 2 is satisfied, go to 3. 1 Pay off credit card debt. 2 Put it in an emergency fund until you have 6 months expenses. 3 Use this money to live off of and put 5000 of you earned income into a 401K with a company match. 4 Put this money in an IRA for retirement. 5 Pay off moderate interest debt - 4 and above. 6 Put this money in a Vanguard investment fund. 7 Put this money in a high interest savings account if you have a house purchase planned in the next five years. This is not great advice, but it fits with the make the family happy. There is some good feeling about using Grandpas inheritance to help you buy a house. 