You are never too young to invest, and if you earn money, you should be investing. Cash is a bad investment. Cash is constant and looses value over time.
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Even the best investors started out just like you, knowing nothing. The ticket to smart investment is education. Even if you are going to hire someone to help you invest, you still need to do your homework and understand the market. Such understanding will help you figure the right questions to ask and will keep in charge of your money.
We are going to start you with a video from Warren Buffet, one of the richest people in the world, who built his fortune as an investor.
This other video will help you understand basic finances and investments
This site outlines the basic terms and the different kinds of investments. Click here for more information on investing for beginners.