Ok this may or may not be unpopular. I would suggest people educate themselves on stocks and investing as this is a time where you can actually do pretty well in the market. And before I say anything else it's not something you stick money you can't lose in but in general if you pick solid companies you will make a hell of a lot better then a savings account.
Savings accounts are the biggest ripoff around they don't even pay one percent in interest you can pick something like Amazon or ETFs and do 5x better.
Compounding interest is something else you should be educating yourself on esp if you collage or younger investing now will make your older self much happier. When inflation rises you don't want your extra money in a bank or under your mattress you want it working for you to make you more until you need it. I know this is anti work and I see alot of valid points but educating yourself on things is the best way to fight inequality use all the tools you have avail you don't have to be limited to a 9-5.