<prompt> Human: Hello rpersonalfinance. Im an undergraduate student and Im one of the lucky few who dont have to take out any loans whatsoever. All of my tuition is paid by scholarships and grants, except for around roughly 2k a year which I pay for out of pocket through my part-time job. Currently, I have 4k in my savings and I should have roughly 6k saved up by the time I graduate maybe 7k if I keep with current spending habits and stay within the budget I have allotted myself. I plan on going to graduate school for my MS or MA depending on the program that I am accepted into once I finish my undergraduate degree, so surely that plays a factor in this all.To bring this post to a close, I frankly have NO idea what to do with the money in my savings account whatsoever. Do I just let it sit there until I graduate? What happens when I finish college? I guess what Im asking is, is there a better place to put my savings than in a traditional savings account? Keep in mind that graduate school is my primary plan after graduation and I do not plan on doing anything like buying a house when I graduate or anything like that. EDIT: Thanks everyone! It seems the general consensus is that I should just keep it in my savings for emergencies instead of trying to invest elsewhere.  <response>: Just keep it in your savings account and use it as an emergency fund. 