<prompt> Human: Im 21 and I work a fair enough job and I have about 300 a month that I could afford to put into an account or fund of some sort. I realize its not much but Id like to do something with it. I know I should put more into a savings account but that almost seems like a glorified checking account to me I could be wrong about that. Id like to do something significant but still retain a bit of fluidity for the possibility of travel and such. What do you all recommend?  <response>: I know high interest savings accounts arent very sexy when compared with other investment vehicles but if you might need to access the money on a fairly short term basis they can be great! Find one like ING direct that you could link to your standard savings you can set up auto transfers to that new account. The money usually takes a few days to either go to or come back from which helps keep it from being used for impulse purchases. You might also want to consider retirement savings in your case a Im guessing a ROTH would be best. The down side is you wont see it again for at least 34years.You might also want to look into Dave Ramsey or Suzie Orman they both have some great ideas when it comes to personal finance.Also on a side note congrats on being on top of your money at a young age when most people are happy to piss it away over a weekend. Do things right and youll be setting yourself up for a great future! Cheers 