rewrite the following: With a $5,000 signing bonus, my initial action would be to clear the $3,000 credit card debt to avoid. If I continue to make only the minimum payments on this debt, I will end up paying the high interest costs. I am going to assume this new job comes with 401k, and the monthly costs such as the new condominium, car, student loans are already implemented in the monthly budget. I would then consider opening a high-yield savings account with the remaining $2,000 to accumulate wealth and maybe even use that to start adding to an emergency fund. I would always go with paying down debt and making sure you have sufficient funds set aside for emergencies. One will avoid making bad financial decisions due to stress