Tilted Forum Project Discussion Community - View Single Post - Important life decision? -Pls read 1st post.

End User · 05-06-2003, 06:59 AM

*I'm 23, turning 24.
*I have been in a steady full time job with an IT company since I left Highschool. I love my job and where I work.
*I am making about $35000 Australian Dollars (AUD) (USD$17500) per annum
*I have a car worth about AUD$7000 (USD$3500).
*I have about AUD$10,000 (USD$5000) in savings.
*My parents want me to save for a deposit on a investment property.
*I want to buy a new car with a price range in the vacinity of about AUD$20,000 (USD$10,000)
What do you think I should do? On the one hand, I know that investing in property is a smart thing to do. It is good for my future and the future of my family.
On the other hand, you're only young once, and getting a new car would be oh so much fun!!

05-06-2003, 06:59 AM	#1 (permalink)
End User Insane Location: Sydney, Australia	!!!!!!!!!!!!!!!!!!!!!!!!READ ME FIRST!!!!!!!!!!!!!!!!!!!!!!!! I'm 23, turning 24. I have been in a steady full time job with an IT company since I left Highschool. I love my job and where I work. I am making about $35000 Australian Dollars (AUD) (USD$17500) per annum I have a car worth about AUD$7000 (USD$3500). I have about AUD$10,000 (USD$5000) in savings. My parents want me to save for a deposit on a investment property. I want to buy a new car with a price range in the vacinity of about AUD$20,000 (USD$10,000) What do you think I should do? On the one hand, I know that investing in property is a smart thing to do. It is good for my future and the future of my family. On the other hand, you're only young once, and getting a new car would be oh so much fun!! __________________ People who have no faults are terrible! Last edited by End User; 05-06-2003 at 07:05 AM..*