<prompt> Human: Hello, I currently live with my parents, and work a part time job and going to a trade school. Ive been building up cash to purchase a very nice car thinking about a jaguar f-type, alfa romeo 4c. I should have around 15kish in cash in a few months, my car payment would end up around 80-90 of my monthly salary. My parents pay the car insurance and theyd are OK with this as long as I continue going to school and work. Would I be setting myself up for financial ruin in the future? I would not have much in savings for the foreseeable future.  <response>: You should absolutely not spend 80-90 of your income on a car. You cannot afford that car. Keep the 15k as an emergency fund and start contributing to retirement accounts. 