<prompt> Human: So I am 25 years old, single male. I work full time in hospital administration at a hospital in Boston making 33k a year, pretax. around 2000 a month take home My main debt is my car which Ill admit is a little extravagant, 500 month. Car insurance is 100month. I put all my gas on a chase rewards credit card and pay it off every month, 300month. My student loans are at about 5000 total, 80month although no degree to show for it. I do have what I would consider to be good credit, score is around 720. I live at my parents house rent free. Food is pretty much taken care of for me. I have virtually no savings. Ive been careless with my spending habits, too many dates with the girlfriend, eating out etc. Im really trying to take charge of my finances and hopefully start saving money for my own place. My parents have no problem with me at their house indefinitely but I want to be out within the next year or so. My questions are... Is my car too nice for my income? It is a 2014 Chevy Camaro. And if so what can I do to unload a new car for one with a smaller monthly payment? Should I be saving up money for a down payment on a homecondo or just save up a little and get an apartment? I have a bad tendency to do things without thinking them over hence having a 35,000 car loan. So I am asking for help and guidance!  <response>: Is my car too nice for my income? Yes. You are spending almost 50 of your take home on car related expenses. Even just the car payment is 25 of your take home. That is way too much. And if so what can I do to unload a new car for one with a smaller monthly payment?Sell it and buy a beater for now. Should I be saving up money for a down payment on a homecondo or just save up a little and get an apartment?Do you plan on staying in the same area for at least 5 years? How quickly do you want to move out? On your income the max house you should get is 82k with a 20 downpayment. 35,000 car loanYour car costs more than your yearly pre tax income. Sell it immediately. There is no way you can afford it. 