<prompt> Human: Im a 19 yo college student and I was wondering what I should do next with my finances:-1200 emergency fund in savings. -400 in checkings for day-to-day stuff. I earn 240month after taxes which gets split into more EF and about 50 a month in expenses on food, clothes, etc. I dont have monthly expenses because financial aid covers it all for now. Ive been doing a lot of reading about early retirement investing with a Roth IRA. Can someone tell me more about this, how would this affect financial aid taxation? How much should I consider contributing?  <response>: Honestly, while youre in college, you might as well just focus on growing your emergency fund and skip the investing part for now. 1200 is still low for an emergency fund IMO, and youll need money for random costs moving, buying furniture, putting down a security deposit, etc. when youre starting off after you graduate. 