<prompt> Human: I am 24 year old and working on my first full time job as software developer. I make around 70K a year. After taxes I get around 4150 per month. Background: Born and bought up in humble background. Father makes around 50K a year. Mother is a housewife. I live away from my family for my job. No GFcurrently. My father is investing in building a house for us His life long dream of owning a house!. The house is half complete with total investment of 60,000all of his savings and 50,000 loan. I send him 2000 per month which I save.Incomeper month:4150 Expenses: Apartment rent: 670 Electricity100,Water20, Internet30,phone bill45: 200 Restaurants120 per week: 500 Groceries: 200 Student Loan: 500 Total: 2100 Savings: 2000 So I send whatever I save to my father for construction of our house.I want to make my parents dream come true as early as possible with whatever efforts I can take. Problem: I live in a small city with very limited public transport. I am currently relying on my friend for all of the transport. I am not willing to take advantage of himhis car as he doesnt accept money for gas. I have got awesome friends : . All of my friends have car except me. Yes I am follower of subreddit personalfinance and know what a bad decision it is to buy new car for recent graduate. I wanted to know on what basis should I buy a second hand car? And should I apply for loan so that I can use all that money in construction? Please help me!  <response>: ?The house is half complete with total investment of 60,000all of his savings and 50,000 loan. I send him 2000 per month which I save.Im about to pass out. This is so sad. Why are you sending 2,000 a month? Thats crazy! Why did he invest 100 of his net worth and go into debt to buy a house thats not already built? How tragic. I am currently relying on my friend for all of the transport. I am not willing to take advantage of himhis car as he doesnt accept money for gas. I have got awesome friends : So youre willing to take advantage of your friends so your parents can take advantage of you...Are you currently:1 100 debt free; 2 Putting the max in your IRA and at least 15 into your 401k; 3 Sitting on 6-9 months worth of emergency fund; 4 In a position where you can pay cash for the car you need?If the answer to any of these is no, you need to stop blowing 2,600 a month on housing. This is insane. You need to set yourself up financially because youre likely going to need to support your parents during their retirement. 