<human>: Summarize the given text in a few sentences.

I received a gift of >$10,000. Here's a quick run-down of my monetary situation up to next year this time:

1. My only current recurring expenses are gas and car insurance. I have no debt and 0 credit. Also I currently live with family and that will more than likely change come October because...

2. We're having a baby! Both my girlfriend and I are college students. The child was unplanned but we're getting everything squared away so that when she does pop out we're as ready as humanly possible. 

3. I will more than likely have to take over my girls expenses after the baby is born *prior* to her getting back to work. 

4. Once we are both working, prior to when I have my degree, between the two of us we'll probably be making something around $30k a year. That's entirely speculated but based on our previous lines of work, we'll be able to both raise our kid while affording the rest of life. 

**SO, to my overall queston** 

What if anything should I be doing with this money? Should I just sit on it and hide it for the ezpz rainy day fund? Or is there any way that I can invest it that'll be slow going but will be beneficial to me 5-10 years down the road? I also understand that this could be something like a down payment (or at least a portion of one) on a house...but I plan on renting until I'm in my mid-30's (being 27 now) because I frankly am not sure where I'm going to be going with work/potentially going back to school. 

Thanks for any reply's. Any help is appreciated.
<bot>: I received a large gift from a family member, would it be smart to invest any of it given I have my first child on the way, or am I just getting way ahead of the game?