Okay, sort of a delimna here. I've got 3 options right now for my money:
1. get this car I've been wanting for the longest time
2. put it towards a downpayment on a house
3. save it for an extended vacation
With the way the economy is, it wouldn't be smart for me to try to do more than one of the above. I know the best one, from a financial standpoint, is the downpayment. But, I don't know if I want to stay the 5-6 years to make that true, especially with the overpriced values here in the Bay Area. So, what would you do?
Sat
btw, the 3rd is what one of my roommate's did. He moved down here to the Bay Area, worked for a couple months, and then has just been living off that money for the past 4-5 months.
1. get this car I've been wanting for the longest time
2. put it towards a downpayment on a house
3. save it for an extended vacation
With the way the economy is, it wouldn't be smart for me to try to do more than one of the above. I know the best one, from a financial standpoint, is the downpayment. But, I don't know if I want to stay the 5-6 years to make that true, especially with the overpriced values here in the Bay Area. So, what would you do?
Sat
btw, the 3rd is what one of my roommate's did. He moved down here to the Bay Area, worked for a couple months, and then has just been living off that money for the past 4-5 months.