<prompt> Human: I am considering buying a new car. I have a car that works fine, but its not the glorious sports car Ive always dreamed of. I am in a financial situation where I feel like I can finally get that dream car, but I am unsure whether my emotions are getting the best of me or this is actually a reasonable decision. Financial Situation:I have a stable job 5 year contract. Wife has a stable job in healthcare, but will be leaving the workforce for 2.5 years in April 2017 8 months from now to complete her masters degree. This program will cost 60,000 for the entire 2.5 year program. We are hoping to pay for her grad school without taking out any loans. We currently have 30,000 in our savings account on average we save 4,500 per month to put towards her future schooling. I would love to trade in my current 2009 fully paid off car for a 36,000 Camaro. My Income: 80,000 gross salary with guaranteed 10,000 raise one and three years from now. Wifes current income: 54,000 gross salary she will only be making this up until April and will then be unemployed due to full time grad school for 2.5 years Expenses:- MortageHOA fees, cable utilities: 1,350month - Food: 700month - Car insurance: 100month combined - Gas: 70month - Entertainmenttraveling: 800month -miscellaneous purchases clothes, shoes, amazon purchases, etc: 500month about 3,500month. We have no loans of any kind, no student debt, no car payments both cars are from 2009 and are fully paid off I should also note that neither of us have a 401K yet although we are hoping to open in the near future so we do not have any percentage of our income contributing to this. Thank you for all of you help PF!  <response>: I wouldnt buy that car until you are actually contributing to retirement. 