<prompt> Human: My wife and I are both college students. I was given 5000 from my dad because he needed to use a college fund my grandfather started when I was a baby. He fell on hard times a number of years back and used it, which is fine with me because I never knew it existed. Apparently hes been saving up over the years and wanted to give it to me, so here I am.My wife and I are both quite broke, but we have federal work studies that just barely pay our bills and rent, along with a tiny bit back from Pell Grants that will easily cover our foodgas expenses. Were used to being broke as all hell and we know we will be until we graduate, so I want to take this 5000 and do something smart with it. I know it isnt a lot of money to most people, but where Im from it takes about 4 months to make that much on a full time job, so this is quite a lot to me. Id like to invest it to see decent returns, but Im economically ignorant when it comes to investing. What should I do with this money, where should I invest it, etc. Please try to keep the economic terminology to a minimum. Im trying to learn as I go, but at the moment laymans terms will be about all I can comprehend. Edit: Thanks for that super helpful downvote. Its not like Im trying to figure out how to be financially stable in the future or anything. Edit 2: I supposed I failed to mention that I have an emergency fund already. Being poor isnt an emergency, it just sucks. Therefore it is going untouched.  <response>: Put it in a savings account at an online bank like Marcus, Discover, Barclays, Amex or Ally, where you should get 1.85 interest.Call that your emergency fund.Dont invest money until you are out of school, with good jobs, and are investing money in retirement accounts.Right now you need an emergency fund. This is it.Good luck. 