As a recipient of an inheritance you really want to let that money work as hard for you as possible. If you do not have an emergency safety net account already in place, start by saving at least $1-2k in a separate account from your day-to-day checking. If you are already there it usually makes more sense to pay off potentially high interest credit card debt next. This is especially true if you have interest rates over 6%.
Your first priority should be to make sure you have an adequate fund. $1-2k is a good place to start but financial experts generally recommend keeping at least 3-6 months' and sometimes as much as 8-12 months' worth of necessary living expenses in cash. How much is "enough" depends on how risky your income is, whether you have other resources to fall back on (like a recent college grad who could get help from parents) and whether you're supporting others (like the sole breadwinner of family). You can find places to put your emergency savings here.
After that, make sure you're contributing enough to get the full match from your employer's retirement plan. In your case, that may mean using your inheritance to cover the shortfall in your paycheck. After all, it's tough to beat a 50 or 100% guaranteed return.
Finally, if you have an adequate emergency fund and you're maxing your match, you want to compare what you can save in interest by paying down debt with what you can earn by investing that money instead. My general rule of thumb is to first pay down debt with interest rates above 4-6%, depending on how aggressive an investor you are, before you invest. That probably includes your credit card debt. You can learn more about debt and money management in our book, What Your Financial Advisor Isn't Telling You.
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