<prompt> Human: Im 24, I make right at 30Kyr. Live in the USA in a small town, low cost of living. My necessary expenses are silly low. I dont have to pay house payment or utilities thanks to my job, and my truck payment is under 300month. Off the top of my head, I think my remaining balance on the truck is right around 10k. I just bought an engagement ring for around 7,400, which I financed. Im looking at a boat for 2,500 that I would choose to finance through an unsecured loan at 6-10 interest. I have a few thousand dollars in a savings account. I have been paying about 200month into my savings account. Now that will be more like 100 into savings and 200 onto ring debt. I dont have any stocks or bonds or C.Ds or anything like that. I really just want to get a feel for how my situation stacks up in terms of debt management. I have alot more debt than I ever have, but I have been lucky to not need debt. College was on a scholarship and I dont have and wont need to for a couple decades to own or rent a house. Is that alot of debt? It feels manageable to me but Im interested in others input. When do people find themselves caught up?  <response>: Youre taking on quite a bit of consumer debt relative to your salary. If you want to live your life basing everything on monthly payments, thats your choice but I personally would rather try to build wealth. I also dont think anyone who only makes 30K should own a boat, theyre ridiculously expensive. But maybe youve prioritized it. That said, you are saving at least some money every month. 