As for saving part, the bank interest rate is rather low IMHO. However, that’s one of the ways to put your hard-earned money in and to gain some interest per year.

Although you have all the time before you start college, it’s still good to start saving the money for it and I admire you for wanting to start saving up now. College fees increase every year, so, tell you mom that. She may not be able to pay for it by the time you start. I know mine didn’t have. I had to work before I could pay for the fees myself.

Tell her you want to take on more responsibility and of your concerns. Make out a schedule of your time to show her that you will still have time to study too.

I’m sure she’s very proud of you for even thinking along these lines of responsibility. Just talk to her about it!