<prompt> Human: Im 16 years old and I own my own photography company. I run a photo booth that I made myself and take portraits of people. Over the past three years Ive made about 7,000 but Ive spent over half of it on camera equipment and a drone. I set out with the sole purpose of paying for my hobby with my profits but Ive made a lot more than I could imagine. Im a junior in high school right now and am starting to look at collages. I have no idea where to go but I know money will be a factor. I have and 4.3 GPA and a 30 on the ACT so I should qualify for a lot of merit based scholarships. I guess what my question is is what should my goal be for my money. As of right now I make probably around 600 a month working only 6-8 hours. I pretty much only spend my money on gas for my car and the occasional camera lense. I know I will not make enough to make a considerable dent into my college tuition so Im stuck as to what to put my money towards. It is a significant amount for a kid of my age, I know, but I also know that it will soon be a miniscule amount for what I need to do in my life. Any thoughts? ThanksEDIT: Sorry about my grammar, as you can probably guess it was the reason my ACT score wasnt higher. Anyways, thank you for all of your comments. I did not think I would get this big of a response. To those who said I should not buy more equipment I respectfully disagree. Without the equipment I have bought I would not be making money at all. And those who said why dont I work more that is a two part answer. The first is that all my work is by booking gigs. So I cant always be working if no one books me. The second part is photo booths are almost always on weekend nights and I am a high schooler. I may not party hard but I do like to have a social life while I can. As far as college goes I pretty much will not go anywhere I cant get most of my tuition paid for. I do note what one use said, and that is that scholarships dont cover things like room and board and beer. Overall I think I will keep spending as needed, but with an overall goal of growing my money over time. Thanks  <response>: I think you underestimate what 3500year would do to student loans. That said, hats off on the part time gig. 100hr is impressive. 