<prompt> Human: Im currently unemployed but Ill be a student in college in September. I dont have a job right now, but Im looking for one. Im hoping to save money for a car when I get a job putting in 10 of my income into a savings account specifically for the car. Now, I was thinking, is it smarter to get a financed car and pay for it or put the money in a certain high-interest account and have it accumulate interest and such as I saved and then pay for the vehicle later on in full Im thinking of getting a used car, something sub 7-8,000?  <response>: Pay off the car. High interest savings accounts are 1. 