Shouldn't i be able to afford the 2015 Mustang if I have a career job such as IT or RN in the medical field and being in the National Guard. I say this is cause I'd rather have this while I'm young instead of in my old age.?

You may want it now, but it's a much more sensible idea to have one when you're older and more settled,experienced, and financially secure.

Cause if you're young enough that you're still living with your parents odds you haven't been driving very long which means your insurance premiums will be ridiculously high. It also means that you might get into a position where you screw yourself a bit when you get old enough to want to move out but can't cause you're still paying for the car, the insurance, and all the usual bills that adults have to worry about.

So again, even if you have a paying job there are more important things you should be saving/spending money on and it would probably be too much if you added a car and high insurance to that list at the same time.

Can you afford to go into debt? Have you asked yourself why you are programmed to think in terms of debt? Is life really about "monthly bills"? Can you afford something you cannot pay for today? Do you have any clue about the value of your own life that you are exchanging for that car? I better simplify that last question: You give up a certain number of hours of your life to earn what we call "money", then you exchange that "money" for merchandise. So, how many hours of your life will you spend doing work to further the business interests of someone other than yourself while you collect enough "money" to exchange for the car? You enter a state of cognitive dissonance when you talk in terms of "monthly payment". And denial. And evasion. If you want to be honest, and avoid the mental problems cause by evasive thinking, try this: Figure out what the "monthly payment" will be, and start stashing that much every month somewhere safe (like buying gold or silver, and bury it in your basement - cash loses value faster than you can earn it). When you are 5 years older, and holding $30,000 cash in your hand, walk up to a new Mustang and see if you want to exchange that long and hard earned part of your life for the car. I'm just saying, debt will blind you to reality, slowly bleed you of your wealth, damage your thinking processes, and generally serve to enslave your body, mind, and soul. And those who are already enslaved will hate me for saying so.

If you have money for a nice car, and you're working, you also have money to give your parents for rent.

And, such a car is going to come with not a small insurance bill. Have you factored that into your budget ?

If you do not already have it, get at least two years experience driving in a cheap used car. Inexperienced drivers tend to have accidents and wrecking a Mustang will hurt terribly--not to say what happens to the car insurance rate.

No. The determining factor will be your income minus your expenses if there is enough left over to add a car payment into the mix you can. If not then no.