I am 17 getting a $1.6k Social Security check every month because of my dad until I turn 18 in May. I want to know what I should do with it

I am 17 getting a $1.6k Social Security check every month because of my dad until I turn 18 in May. I want to know what I should do with it I’ve been looking between putting it in a HYSA or something like an index fund, but i’ve read HYSA are more for short term and index funds are more for long term. I also have a job but that only brings in about half of what I get from SS because I can only work weekends due to my schedule. I’m wondering if I should start long term investing now...

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