<prompt> Human: I want to put the money in its own account so that the business funds are fully separate. Im sure theres a lot of advice already on here but I didnt see anything about this. Is there a specific type of account thats best for this type of thing?  <response>: Unless you have legally established your business, you will be keeping that money in personal accounts anyways. If you want it completely separate, then go open a separate account just for this money. Honestly, just treat the 3k like you would normal savings and eventually when you get your business going and actually establish your business as a legal entity, then you can open accounts in your business name and put the money there. 