<prompt> Human: So I managed to get some hours this summer and will have earned close to 1500 prior to taxes. I have about as much in personal savings already. Come fall I will enroll with 95 of tuition covered by financial aid scholarships.I know its not a lot but Im trying to set good habits and collect some interest if possible. I have a savings account but am considering opening up a Roth IRA. If you have any advice for a new guy setting off on his own, or have been in a similar position, any advice would be appreciated.  <response>: Just put the money in a savings account and treat it as an emergency fund. There are going to be other expenses in college. It is really not a lot of money. You will make a lot more money when you graduate or even during summer internships.Are you taking out any loans? Try to get a student credit card and start building some credit early. 