<prompt> Human: So Im 18 and through hard work and God given size Ive earned a full ride division I football scholarship. In addition to tuition, this scholarship pays for all food, dorm rent, books, and pretty much everything else. I also get a fairly generous monthy stipend for living expenses such as gas, personal items, etc since as a football player I wont be able to get a normal job practice film workouts team meetings 5 - 8 hours of my day. Plus I also have to go to class and be a college student. However, this stipend will be more than I need and I will end up pocketing a good portion of it every month. Where are some good places I can put it so as to reap long term benefits?  <response>: You are a college student. Simply put that money in a savings account. You never know what unexpected expenses are going to come up over the next four years.When you graduate and get a job, come back and we can discuss longer-term savings. 