Read Dave Ramsey, he's great for starting out. Follow up with Richest Man in Babylon and Millionaire Next Door. Ramsey's advice is not that exciting (pay off all your non-mortgage debt, hold 3-6 months expenses in cash, invest 15% into IRAs/pre-tax) but it is solid financial advice. This is great advice. Invest this money in a Roth IRA, and leave it there until you retire. The more money you can sock away before you get to old, the better, because of a little thing called compound interest. I prefer mutual funds for investing, but it's not the only way to go and as long as you understand what you are investing in and don't overcomplicate it, you should be good. Lastly, PM me your email address and I'll forward you Dave Ramsey's e-Newsletter from today which had some good tips for investing.