Just because you spent hours on a design does not mean it is worth continuing if you have painted yourself into a corner and find it difficult/confusing/impossible to proceed effectively
Especially when you are first learning CAD, you may spend many minutes/hours/days on a design and be struggling with how to proceed/make changes
More often than not, if you start completely fresh with a new file and redesign what you've done, you will take significantly less time to get back to where you were, and do it more efficiently (with less features/mistakes)
Before even creating your first Component, we recommend saving the file
Try to organize all your files within Fusion 360. For example, maybe create a Project/Folder for anything you model in for course, called "CAD-DFM"
Any time you adjust your design - especially major changes - we recommend saving a new version, and naming the versions in a way that describes exactly what was done at each change
"Components" are how objects and design history are organized within a CAD file in Fusion 360
Components can be individual objects or multiple objects
Components can also be nested within other components, which is how you organize multi-object assemblies, subassemblies, etc. (think Systems Approach: System → Module → Component)
Name all your sketches, features, bodies, components, planes, etc. with names that are intuitive and make sense for anyone looking at your CAD file
This not only helps you when you are trying to understand or adjust your designs, but also others who may look at your designs (subcontractors, customers, etc.)