Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

When is the right time to buy a car and/or a house?
Buy a house when you can, but keep driving your current car until it dies. In ten years' time, a house should be worth more than you paid for it, while a new car will be worth next to nothing. And research shows that buying possessions like cars doesn't actually make you happier, even though you think it will.