<prompt> Human: Im 19 and have finished my second year of college. I currently have around 9,000 saved up from working over the past couple of summers. All 9000 is my checking account and I was thinking of putting 5,000 into an index fund. I looked into a saving account, but the Credit Union I bank with only gives 0.03 interest or 22 cents a month which is not worth the effort of making the account. I only hesitate to make it incase I need a lot of money quickly for an ambulance ride, for rent or other emergencys. Also I will be graduating in 2 years and hopefully get a job that pays well so I could just wait and figure it out then. Any insight would be much appreciated.  <response>: Put that money is a stable, safe high-yield savings account such as Ally, Marcus, CIT, or Amex -- all of which are paying 1.75 or higher. 