<prompt> Human: Im 25 years old. I have a 7 year old son, and live with my parents. I make very little a year at a preschool that follows the school district calender, so I get unemployment for 2 months out of the year.Im still working on my b.a in early education and have a while to go before I can start making anything even remotely decent. For now I make about 14k a year.Somehow Ive managed to save about 21k. What I want is to save for a down payment on a house for the future.But I need a new car now. My annual income is depressing. I cant afford to live on my own because I live in an expensive state. I found a Hyundai that I like that will cost me about 12k. I could buy this outright and avoid paying interest and a skyhigh insurance rate, but then I will be depleting my savings.its the cheapest car Ive found with a manual transmission under 60,000 miles and it has a three year bumper to bumper warranty. I want to keep a car for a while and not worry about repairs.I could finance the car, but then Id have higher car insurance, plus the car payments as well as paying back the interest. The car I have now is a 2000 Ford focus with over 135k miles. It needs new tires, and timing belt, has a check engine light on, has a gasket lid leak, tune up, alignment, and it sounds like death when its idling. I just had to have the break line redone, as well as put in a new windshield. The car is turning into a money sinkhole and has a plethora of little annoying problems.Its inspection is due soon and I dont want to spend another 2k fixing it. Im not sure how best to utilize my money.Any advice would be appreciated.  <response>: 12k car at 14k income isnt just a bad idea, its insanity. So is buying a house at this time.You should focus on finishing your education without piling on debt. Once your income goes up youll be able to live easier. I drive a 96 Explorer, bought it for 2500 many years ago. Looks ugly as hell but runs great. Yes, stuff like that can be found. Thats what you need to do. 