Finance question.
Got my first job recently. 3 months contract to perm as a developer ($30/month 65k a year). Was wondering if getting a new car this year is ok or dumb.
*Got ~$20,000 in loans to pay off (parents may pay half of it, not sure yet).
*Living at home so free housing/breakfast/dinner (Let's say $50 a week on lunch)
*Spend probably about... ~$200 a month on games/entertainment/etc thingies
*Drive an old prizm so gas isn't too much of an issue (and in atl) maybe $40 a week.
I guess smartly, i'd wait til at least i make sure i'm on permanent before getting anything. And even smarter I at least have enough cash to buy a car and not bother with banks. Or go halfway and get a cheap used car.
I just have THE ITCH to drive something different. the ITCH!
pay off the loans man