IA giving good advice, I'm impressed...
don't spend ALL your money on the car, leave some aside for emergency repairs/other non car-related stuff, you wouldn't believe how many younger people spend all their paychecks on cars/parts and then when they need money bad they take big losses on selling parts/cars (just check the FS forum, everytihng starts with "I'm short on cash so..." hhaha)....
don't get a very fast car until you learn to handle it, that is very good advice...also don't go street racing, that's usually an accident waiting to happen.