[BAGAGT1]

So you are saving $520 a year, which is pretty good for a 20 yo college student. The question you should ask yourself, is what do you want to save for, a house, a car, retirement, vacation? Based upon your answer, you will have to modify your savings plan accordingly.

You didn't say whether you are paying for college yourself (even if partially), so it is difficult to guage how much I think you should save. At the very least, you should try to save $1K (everybody could use an emergency fund), which would only require you to up your savings to $20 a week.