<prompt> Human: So I managed to save up 47K, my only spending besides school is personal spendingno bills and I have no current income. Would it be smart to buy a new car thats costs around 21,300 or should I wait until I have an income?Edit: sorry for the late replies but thanks for all the advice. Probably going to wait until I have a decent income.  <response>: You can answer your own question with a couple of numbers: What is the total your currently monthly spend? rent, food, transportation, deodorant, socks, cell phone, etc How many months does your 47k provide for that total monthly spend number? When will you know for sure you have income again that covers at least your monthly spend?These three questions will likely give you a good indication if you have disposable income to buy a non-necessary car right now. 