<prompt> Human: 63Kyr. I live at home. Pay 85mo phone bill and 178mo student loans 16K grand total. Thats all my bills. Parents ask for i.e. demand 50wk to live at home. I hate the idea of rentingHOAs so naturally I hate this payment.Im in a 1st time home buyer program that gives me 7500 toward a new home, but I cant make more than 70k which Ill be at next year so I have to buy this year to take advantage of it. I also need a newer car as mine is about to die.Should I save and move out this year, removing that 50week charge but paying mins on my loansdriving the crap car...or stay at home and pay off loans this yearbuy the car now. Getting the house later but missing out on the 7500? EDIT: The consensus is to wait. Thank you guys. I welcome more responses but I have the gist of what I need to do.  <response>: First of all, youre complaining about 200mo rent, which includes utilities. And probably a bunch of food. Thats almost free. I would milk that situation while you pay off your car loan in a few months, save up cash for a car, then save a down payment and emergency fund. Instead of spreading yourself thin, adding a couple large monthly payments, and being in a questionable situation, you could wait about a year or 2 and be in an absolutely perfect situation. 