<prompt> Human: Recently graduated from highschool and my mom threw me a large graduation party with a lot of family friends, and long story short I ended up getting 10,000 in cash from gifts that people gave me. My college tuition and everything are already paid for with scholarshipsfinancial aid, and Im not really sure what I should do with the money. My family is pretty low income, the money is literally around 13rd of what my mom makes annually and my plan was to take some money to buy a laptop for college, and maybe some clothes which I imagine would leave me with around 8,000 dollars to save if Im being conservative. I was thinking Id take around 1,000 dollars I could use on top of my college job, and invest the rest but Im not sure if Im being conservative with how much Id need to keep for my time in college. Either way, the remaining money I want to save but Im not sure what the best way to do that would be. My mom wants me to just put it in a savings account, but from what I understand, those are extremely low interest and arent that useful. Im really not sure what the best move for me would be at this point, and any suggestions you guys have would be very helpful : Thank you!  <response>: I dont know the best way to invest your money, but I just wanted to mention that you might want to set some money aside for books. They can be really expensive, and wont be covered by scholarships or financial aid unless theres a surplus. And if there is a surplus, you might not get it until after the last adddrop day, which can be way too late. Id set aside maybe 500 for each semester, assuming your classes your first year will be pretty general. Youll hopefully spend much less, and be able to recoup some of the money when you sell them, but its likely you wont get your first paycheck from your campus job before you need to buy books. And they can be shockingly expensive. 