Someone once told me buying a car straight out of college is the worst possible financial decision that you can make in life. I've seen people in the 20-30 range on here drive amazing cars, but still live in crappy apartments. Would you rather drive a junker and have a nice home that you own, or drive your Bimmer and live in a not so nice apartment? Obvious decision for me (the house) but does anyone disagree?
Note: This is hypothetical