I have some dumb questions about money.
Here is my situation. I am 28 year old male who quit his job 2 months ago. I have about $33,000 in the bank between my checking and savings accounts. My car is paid off and I moved back into my parents house while I "look for a job".
Here are my issues. 1st I have applied for 3 jobs since I quit my last one. I have interviewed for 3 jobs and turned down two of them. I didn't get one of them. I am changing fields and won't take a job that isn't what I want right now. I am about to interview for job in the city I want to live in. The job would pay about 50 grand and a car before bonus. If I get the job here is what I want to do. Please tell me if this is crazy.
1. I want to buy a town house in the city and I would have 2 friends pay rent under the table. That would pay about $800 of the $1400 of the bills for the house a month. The House would cost about 190k
2. I want to get engaged and the ring we are looking at is around 10k.
3. With the new company the car isn't 100% free they give you 500 a month for car payment and insurance. So I would have to buy a new car. I think I would get a car with an extra 300 bucks a month between car payment and insurance.
So my question to you guys is, am I being a moron with my money if I do these things? Should I get a cheaper car? Wedding ring? Not buy the house? Let me know.