Recent college graduate, just turned 22 last month. I start working at a talent agency the 1st week of February. Salary is $27,800/yr. I will be living with my parents to save money but I would like to move out as soon as I save up enough. How much is enough though? What do you all suggest? Things to consider: 1. I want to get out of the rent's home ASAP for obvious reasons. 2. I need a new/used/leased/whatever car. My car now is on its last leg and I need something reliable that will take me 15 miles to and from work every day. I also am a driving enthusiast, but if you guys suggest I buy a piece of poop then so be it. 3. When I move out rent will be around $850-1000 a month. That's LA. 4. I currently have no net worth/savings. All help and advice would be much appreciated! Thanks in advance.