<prompt> Human: Hi reddit PF!Im 18 and a senior in high school.I have 1000 in my checking account right now. I dont have a savings account at the moment but Im debating if I should open one since I already have a checking account.I plan to work over the summer to put an extra 2000 in my bank account. With 3000 total, I plan to put 1000 in US Bonds half in EE and half in I. I also plan on spending 500 on index funds. With the 1500 leftover, I plan to start a saving a retirement savings account and putting 500 in retirement. With the final 1000, Im thinking about opening a savings account and putting 750 in it. My problem is that I also have to pay for college. Unfortunately, I chose to go to a OOS school that is 50k a year instead of a in-state school where I got a full ride. Should I use the 3000 to help pay for college? How should I use the 3000?  <response>: Dont go to a 50k school. Enroll in community college or something for this year, then go to the in-state school. Seriously, youll spend 300k by the time everything is done. Im sorry that has nothing to do with your question but if you havent paid the tuition yet, you can still save yourself a life of slavery to student loans.EDIT: Anyways, the best return youll get on your cash is the 7-14 you wont have to pay when you put it towards college tuition instead of the equivalent in student loans. 