ok my turn.
I started building my 85 a few years back, took me almost 4 years to get it where it is at today due to other things taking priority (wife was going to school/single income, etc). I do have a house and a wife and yes I have put a lot of money into the house, but it has been well worth it (appraised at almost 50k more than what we bought it for). Don't buy a sh!thole house just to buy a house, set money aside each month to build up a down payment. Then when you are able to afford something you like (again keep reality in check), go for the house. As far as the car is concerned, it depends on what you ultimately want out of that car. I used to have a 95gt that was a blast to drive on the road, but just cost too much money to keep up and wasn't a great daily driver (50+ miles per day). I've got a lot of money into my 85, but I did it over time so it didn't hurt as much. Patience is what is needed to do it like this, it can be frustrating but in the end it is worth it.

At this point I've got a little one on the way, but I don't have to sell the car since I took it easy on how the car was built. I know I won't be able to do as much with it as I have in the past, but I am fine with that and happy about the fact that I can still go out and make a blast down the 1/4 mile.

Besides, when my son gets old enough, he'll get to see his dad race!