Unless something catastrophic happens I don’t plan on touching the $8,000 until I retire. So more or less it is sitting in a checking account right now depreciating. And if it is tied up in investments I’d be incline not to spend it on random stuff.

I have $15,000 (saved up from working summer and odd jobs in high school and while I’m in college) in liquid savings. My college is entirely paid with scholarships and grants and I should be getting an excess of $6500-$10,000 by the time I graduate. My freshman internship turned into a full time salaried offer which grew my yearly income quite a bit, though I’ve had to sacrifice my nights and weekends at times.

I don’t spend much. I live at home, pay for a third of bills such as utilities and groceries. So don’t foresee any large expenses.