<prompt> Human: I am 16 as the title said and I dont really know what to do money-wise. I have about 700 dollars saved up in cash, but no bank account. I dont have a job, but Im getting one this summer. I dont really have any expenses, but its never too soon to start saving, right? My question is what I should do with my money. Should I open a checking account? Savings account? At what bank? I really have no idea what the best thing to do is, if anything. Thank you all in advance for your help  <response>: Yes, open a bank account, maybe at a local credit union. Get a checking account to start with, something with no fees, then go from there. 