<prompt> Human: Im coming to the realization that Im an idiot and maybe have screwed myself over for many years to come unless maybe I can get some help from you guys. I traded in my car a few months ago. I still owed 10k but the trade-in value was 19k. I traded it in for a car worth 50k new. I put 5k down as well, so I financed the other 40k for 84 months at 4.9. Im an idiot you dont have to tell meSo heres my financial situation. - My payments are 560mo and insurance is 220mo.- All other expenses are 2370. All together 3,150mo- I take home 3650. So Im able to save 500mo on a normal month.- I have 14k in savings. 2k in a CD. No debt cc, student, etc.- Im 25. Ill graduate in 2019 with a degree in Finance. I want to be a budget or credit analyst.I tried to justify this purchase because I have no social life so it was the one thing I could have positive. I wont have any student debt and Ill be saving even 500 each month on average. The car is awesome I love it, but Im thinking I might be more happy with something cheaper 20-24k range and not have to stress about such high payments for 80 more months of my life or if I trade in later. I dont know if I should trade in for something cheaper. The problem is the car has depreciated like 7k because they came out with a higher model. The car now sells for about 43k at dealerships instead of 50k. So if I traded in, theyd probably offer around 39k maybe? Basically I wouldnt get any money from the dealership that I could put down on another car...so my payments would only go down to like 300ish with insurance at 170? Is it even worth it to save 300 a month?Any advice is greatly appreciatedEDIT: KBB is saying trade-in for my current car is 30-33k ?? In which case Id be upside down by like 7k  <response>: Get rid of the car. It will dramatically depreciate and youre going to eat this cost up - in addition to insurance, property taxes, and the outrageous monthly payments. FYI - 300 a month is 3600 a year - your monthly incomee. Just 300 a month? Maybe you mean, 300 a month! If you want to be a budget analyst, it wouldnt be a bad idea to start with your personal budget for practice.Edit: Upside down by 7k is much better than upside down by at least 20k if you traded this car a little older than it is now. Up to you. 