<prompt> Human: So Im a 24 year old dude. Dropped out of engineering school at sophomore year. Tried to become an EDM producer, then two years in realized that I dont have what it takes. Im currently a tattoo artist with 2000 in my bank account. A week ago I was informed that my dad who I never met til I was 22 passed away and left me a decent amount of cash for someone my age. I think it might be 500,000. I know for a fact that I can spend that money quite fast since Ive been leading a frugal lifestyle for almost all my life. So I figured that before spending a dollar of that money I have to make a 5 year plan in one of the two directions- get back to school and get a bachelors in finance or business and use that knowledge to start a business or get a good career. Or start a small business with a chunk of that money and put in all my effort to learn through experience as opposed to formal university education. I never had more than 4000 to my name Like ever and I also never knew someone with that much money and now I dont know what to do with it or how to use it to make a better life plan. what will you do if youre in my situation?  <response>: Im sorry about your dad.And, congratulations on thinking ahead about what to do with the money. Thats the first step. You might want to check out What to do with a Windfall in the subreddit wiki. That and How to Handle Money would probably be able to give you a good grounding. 