Hey everyone,

I’m a 27-year-old about to receive a $364,000 tax-free lump sum . I want to make the most of it and would love some advice on financial strategy, investing, and long-term planning.

My Current Financial Situation:

• No major assets (yet)
• $6K credit card debt (plan to pay this off immediately)
• No mortgage or property (but considering buying in NSW/QLD coastal areas)
• Looking to buy a car (~$15-25K)
• Considering investing in stocks, ETFs, and crypto
• Want to start a business in the future
• Looking for a financial advisor but unsure where to start
• No urgent need for income but want to grow wealth sustainably

My Current Plan:

1. Pay off debt – clear the $6K credit card
2. Buy a car – something reliable but not excessive (~$15-25K)
3. Invest – looking at index funds, high-interest savings, or property
4. Emergency Fund – set aside enough to cover unexpected costs
5. Property – debating whether to buy outright or put a deposit and invest the rest
6. Business – not sure what yet, but open to ideas for future opportunities

Questions for the Community:

• How should I allocate this money to maximize long-term wealth?
• Is property a good move, or should I invest elsewhere first?
• Any recommendations for financial advisors in NSW/QLD?
• Best way to invest in a mix of stocks, ETFs, and crypto?
• Any tax/legal considerations I should be aware of?

Would love to hear from anyone who’s been in a similar situation or has insights into making this money work for me. Cheers!