<prompt> Human: Hey there! I 23,F recently got the notice that my deceased grandfather who disinherited me died. I talked to a lawyer and yesterday I got the notice that I will be paid 180k as a compulsory portion. Now... what? My family is not good with money. They earn a lot and I dont know how but its still gone at the end of the month. They have two houses which are to big for their needs and nobody wants to buy them at least thats what they tell me, they try to sell them My parents talked me into buying an apartment in which I live the interest is so good at the moment, it will be cheaper to buy than to rent! I believed that, I still need to pay 39k for that. I also have 20k student loans which I had to take when my parents couldnt support me in paying the apartment credit. So now the student credit pays the apartment credit. I have to study for another year and will get a job which pays me 4.5k gross, roundabout 2.4k net. So... what would be the best thing to do with the money? My plan would be to pay the apartment debt and the student loans, buy a used car I am leasing one at the moment because we want you to drive a safe car, I didnt know only BWMs were safe and.. put the rest into an account first. And then? Do I invest most of it? Everything? ETFs, gold, stock market? I dont need the money right now, everything would have worked without it but I would have sold the apartment to pay for all the debts. I want to move in with my BF in a year or so but Im in no hurry to start a family, Im not sure I even want kids. So. Yeah. I have no idea. Thank you guys!  <response>: They earn a lot and I dont know how but its still gone at the end of the month. They have two houses which are to big for their needs and nobody wants to buy themYou answered your own question. It will be very important for you to not follow in your familys financial advice. They clearly are not living the life that you would want to live, so its time for some independence.I dont know what inheritance laws are like in your country, but double check whether you owe any taxes on the 180k.If not, I think you should look into what your interest rate is on the apartment. If you really did get a low rate less than 4 then I wouldnt necessarily pay that off right away. Youre young enough that you could earn some great compound interest on a big chunk of money being stashed away for the next 40 years. Same thing with your student loans. If they are at a low , and your income is enough to comfortably make the payments and still have enough left over to meet your needs, then I wouldnt necessarily rush to pay those off. Anything above 5, pay off now, otherwise, its your call.Buy a cheapish reliable used car definitely ditch the BMW and set aside enough money for 3-6 months of expenses not income, but expenses and then honestly I would have to advise you to hire some sort of fiduciary financial advisor. I dont know anything about how German retirement accounts, or other tax advantaged accounts work, so I dont have much advice for you there, but the general direction would be to get as much of that money as youre comfortable with put in stocksbonds for retirement.If you put 150k into an account that averages 7 annual return, it would be 2.5 million by the time youre 65, and thats without even adding anything to it.This could be a fantastic retirement nest egg if youre comfortable putting most of it away for the long term. Also, its totally ok to splurge on yourself a little bit to celebrate this good fortune. Youre not going to put yourself underwater by spending a couple thousand on a trip youve always wanted to go on, or a hobby that youve always wanted to put some resources into for me, it would be a gaming PC, and some nice guitar gear 