<prompt> Human: Hi everyone! Happy Holidays!I am currently a third year undergrad student with plans to go to med school after graduation will be taking a gap year, moving back into my parents rent-free. Undergraduate education and all livingpersonal expenses are covered by my parents very lucky and thankful. I will graduate with around 15k in loans, all subsidized with around 4.5-5 interest that will start being accrued six months after graduation. I have around 10k saved up from internships and part time jobs 300month. Because I will not have a stable incomewill be taking on debt for medical school, I was wondering if there would be any benefit in putting some of the money I have in a roth IRA account or something similar. I do not want the money to just sit there in my savings account. I will continue to work part-time and have a research position making around 3k over the summer. I will need some money for medical school applications but my parents are going to help out with the majority of them. Thank you all in advance!  <response>: Keep it as a buffer. Honestly, from what it sounds like you are going to go into a lot of debt in med school , and unfortunately that 10k is nothing compared to what you will graduate with debt wise. More importantly than what you do with this 10k, is DO NOT TAKE OUT THE MAX AMOUNT OF MONEY THEY WILL GIVE YOU PER SEMESTER. I really cant repeat this enough. So many of my classmates when I was in school took all the money they were willing to give, and the government is willing to give you as a med student far more than you need since they know you will be able to pay it back. Interest accrues on these loans from the moment you take it. This will put you in a much bigger hole than if you just take out less. I probably took out a quarter of the refund they were going to give me for living expenses which put my in a great spot once I graduated. Getting back to your 10k, keep it as an emergency fund. 