A Challenge for Anybody!

[Chop13]

Hi,
So, I'm new to this site, and new to investing and personal finance as well. Hope someone can help .
To set the scene; I have just recently turned 21 (hurray!), I am just about to enter into my junior year at college. With all my extra-curricular activities and huge amount of classes, I don't have much time for a job. I would say my net savings at the end of every month is about $200. Currently, I have about $3,000 at my disposal.
I would like to start building my Asset column, and have these assets work for me and start generating me some more income, with which I would like to continue to invest into my Asset column.
I have begun reading, talking, and researching (hence joining this site). I am beginning to learn about money, investing, and wealth. What do you recommend next? What would be the best course of action for someone in my position?

Thanks

[bjl584]

I'd focus on graduating college. I'd probably also keep my money in cash for now. You will most likely need it once you graduate and enter the real world.

[disneysteve]

I agree with Brian. You are only halfway through college. It is great that you have saved up $3,000! I'm sure that puts you way ahead of most of your peers. For now, just hang onto it. Keep it as an emergency fund and a stash so that you don't have to go into debt for anything.

How are you paying for college?

[snafu]

How are you funding college? Are you living at home or in house share? What is your plan for summer May - September? Are you working in your field of study or something like ND Oil fields where the pay is incredible and working conditions ugly? $ 3K sounds like a terrific, basic, emergency fund. Your first step might be to work out cash flow [aka] budget. You need to give every dollar a job and know where every dollar goes.

[Folio Explorer]

I agree with Brian and Steve. Focus on getting the most out of college including internships and connecting with recruiters, alumni, and even ambitious classmates.