<prompt> Human: My parents gave me a late graduation present of 5k. Im not sure how to best use this money, so I was looking for some opinions.My salary is 105kyr, and of that I bring home about 5kmo. My basic monthly expenses run around 1700, so Ive got about 3300mo to do whatever with. After putting the 5k into my checking account, Ive got about 11.5k in cash. My debts are: Student loan: 6.9k 4.89 Car loan: 16k 4.54Some options Ive been considering are to: Pay off my student loan in full so that I only have one loan to pay. Open and put 5.5k in a 2016 Roth IRA I havent done much towards retirement other than my company 401k. Any thoughts?  <response>: I dont think Ive seen anybody mention it, but seriously, go on a vacation. I dont know when you start your new job, but hopefully you have a little bit a time between graduation and the job. More than likely you will never have this amount of time off with 5k to spend on whatever you want. Just do something. 5k in an IRA is 30k in 30 years. You have a great job and great salary. In 30 years you wont remember that you have an extra 30k in retirement. You will remember that time you spend a month backpacking around Europe or hiking the mountains or whatever it is that you like to do. You have the rest of your life to work. Go enjoy something now! 