Create a collection to organize and save songs and SFX to your profile.
Click the 3 dots in the song field, then click 'Add to Collection.' You'll be able to create a new collection or add to an existing collection here.
Visit your Collections in your Library where you can view, share and edit your collections.
At this time there isn't an option to save clips or templates to a collection, but you can save them using the star icon. Check out Your saved songs, sounds, clips, and templates for more info.