Tyler think of it this way
For one there are many many top notch producers and engineers out there right now earning less then public servants so if you have any intentions of getting rich quick there are much easier ways then the music industry.
Its good to have a passion and to dream your young so enjoy the time you have.
Your money put into a normal bank account is as good as flushing it down the can this means to make your money work for you there has to be other ways.
With the stock market being an uncertain bet right now the best way for the medium term would be in a mutual fund no one is saying lock the whole lot away but if you said well whats it gonna take for me to double my money well that will take alot of money but lets face it if you locked away 2000 dollars in a normal bank account your return would be peanuts in a mutual fund you could realise about 200 dollars in intrest alone and that would be alot better then what the banks genrally offer.
Whats the down side here well you got to keep your mits of the money for at least 12 months but anyone investing money in such a fashion aint doing it for the short term thats for sure.
I know this all seems like pie in the sky to you now but remember one think tyler money makes money there is no two ways about it
starting out a well planned money strategy at your age will make you a very rich man by the time you reach our ages
think of it this way social security or financial security we all have the choices.
look i dont really know what type of studio you have in mind but if its gear you require for a convential type project studio you would not need to spend a kings ransom to get good gear heres what i think
mics
audio technica atm 25 x1
Ecm 8000 omni x2
Shure sm57x4
Mxl V67g x1
Mxl603 x2
Beyer m88 x1
Beyer 260nc x1
if you had a few more dollars spare you may add to that
Sp C1x1
Sp c3 x2
Sp T3 x1
Mic Pres
http://www.zzounds.com/a--2676837/love.music?p=p.SPIRW5633&a=adTLink,SPIRW5633_020607
soundcraft m series for the ghost mic pres
add to this
2XRNP MIC PRES WHEN THEY ARE RELEASED
AND ALSO 1 X STUDIO PROJECTS NEW MIC PRE VT1 OR WHATEVER THE NUMBER IS NOW
Compressors
2x rnc
1x Behringer composer not the pro get the earlier composer model
1x autocom the early model
later adds to the compressors later on now this is if you find your making some headway would be
urei 1176
universal audio la2a
distressor
dbx 160a or
160 x
a few reliable di boxes countrymen type 85
soundcards if you so desired to go anywhere remotely near a computer would be
lynx audio 1 or 2
rme soundcards along with an rme multiface
Multifx
Lexicon pcm70
lexicon lxp15
roland srv 3030 d
Alesis quadraverb Q2
HD Recorder
Alesis hd24
2 track recorder
standalone cd/cdrw burner HHB830
Monitors
mackie hr824,s
and if you ever make it big some meyer hd1,s
NOW SOME OF THIS GEAR IS EXPENSIVE BUT YOU WOULD NOT NEED IT ALL TO GET STARTED.
Essp the high end compressors for now.
Tyler if i had the above set up id be very happy indeed im actually working of a list very much like this im buying the bits as i have the money one think for sure is most everyrthing on this list is good gear and will allow you to work and give you many years of trouble free service provided you look after it all ive not included things like good mic cable and sheilded audio cable etc but one would always be smart to spend well here as good connectors and good audio cable is most important in your sound chain
also running all leads balanced if possible the rncs messing this up along with one or two other misc items but its always good to strive for perfection
your enviroment and the way you work with your mic selection your gain structure and your overall choice of equipment depending upon the job your doing at the time will be just as important as the overall gear you buy so keep all this in balance with what you already know
ang hey a few good books on the subject never went astray either o well thats all i got to say other then good luck

) keep smiling