<prompt> Human: Hey PF, my grandparents just graciously offered to pay for my tuition for this upcoming school year slightly over 10k. After accounting for books and general spending money for the school year 1.5k, I have about 6k left. The thing is that what my grandparents offered me was a one time deal, so next year Ill need this money to pay for my tuition next year. I have no debt, no credit cards, live with my parents during the summer and no car. I thought about using 2k-3k of this on buying a car, as itll probably be the last time I could buy a car without taking out a loan and I feel like my parents are tired of me using the family car. If I do that though, Ill have to take a larger loan to pay for my tuition in a couple years, so Im really just picking my poison, I guess. Is there anything else better or smarter I could do with my money other than sit on it and still have it be liquid in a year or so with I need it? Thanks in advance!I shouldve added earlier my money is just in a standard checking account.  <response>: My opinion? Take your grandparents out to dinner, then save the rest for tuition. Normal savings account. Talk to your parents about whether you actually need to buy a car. 