At the beginning of the year I did a nice budget that would have all my debt gone, the major portion being student loans, by the end of the year. Now a wrinkle has been thrown into things. Recently the department I worked for with Bank of America, was acquired by another company, whom I work for now. At the time that I was supposed to transfer over my 401K to the new program, I was on a business trip. As the Human Resources people at my office are inept, I was uninformed of the proper deadline, and missed the chance to rollover my 401K into the new company's program. Because of this, I have recently received a check, for $2700. That's net, taxes paid. It's mine. Choice #1: Give all money to debt. This helps me pay off loans sooner than I anticipated. I will be out of debt at the end of the year anyway, and with the arrangements I made with my student loan and credit cards, I'm really not saving anything significant in finance charges or interest by paying them off 4 or 5 months sooner. Choice #2: Roll over into a Roth-IRA, or other type of retirement product. I've missed the opportunity to roll it over into my new company's 401, which I would've done. The thing is, in a year to a year and a half, I'm entering into a 4 year doctorate program in psychology, and then starting my own practice. So, I won't be a part of a 401 program for some time. I'm 25 years old, and still have many many years of investing for my retirement left. Choice #3: Buy a Double Bass. This is what my heart tells me to do. My head is saying that it might not be the best idea. I could purchase a bass of my liking for on or under $2000, from the very little bit of shopping I've done in the last 6 months. The left over money could go to bills. Dilemma.