<prompt> Human: So, rpersonalfinance, I come to you as someone who is completely clueless about investing money. Heres a little background about my current financial situation:I am currently employed as a part time worker at a big box retailer, living with my parents, and trying to save up for school. I average an income of only about 800-900 every 4 weeks it varies depending on how many hours I get, however after the few living expenses I have, Im able to pocket atleast 50 of that every month. Right now, I have 9200 sitting in a non interest bearing checking account with a local bank. Ive been looking at their interest rates for checking and savings accounts, and the problem is that I know rates right now in general are pretty low. Here is a PDF document of their rates right now: I plan on using this money for higher education, which I actually havent started, and only plan on doing so this fall at the local community college. At that point, Ill transfer to a large state university hopefully UT. Anyway, I guess Im looking for something that bears a bit more interest, yet isnt too risky from what Ive read online, would looking at government bonds be a good idea? In the meantime, Im looking at changing who I do my banking with to the credit union that my employer actually operates. The interest rates they list seem a good amount higher. Here is their interest rates by comparison: So, what does personalfinance think?  <response>: Ally bank has a savings account thats around 0.95 interest I believe. Since youll be spending the money soon, theres really not time nor is it a good idea to take on risk or a less liquid investment position. Keep working hard, save, and good luck! 