Wheel Wobbles and Rubs on Brand New Bike? I just got a brand new bike and it came partially assembled in the box.
I don't have a whole lot of experience when it comes to working on or building bikes but I managed to put it together. theres a major problem though. The front wheel gets caught in the brake pads and rubs against the metal part (fork?) its attached to. 

I don't get it. I followed all the instructions and I bolted it on good. I adjusted the brakes and that seemed to help somewhat. it started spinning more without really getting stopped but then I noticed that the wheel wobbles a bit when it spins. 

Do you know what the problem is? did I do something wrong? or is the bike wheel defective? What should I do? I would really like to avoid sending it back mainly because it would be a big hassle and plus, the box it came in is pretty much destroyed. can I somehow fix this on my own? 

I was thinking of just bringing it to a bike shop but I'm pretty low on funds and I'm not sure how much something like this would cost to fix. 

All help is greatly appreciated Thanks.
The issue you are having is the wheel is "out of true".  This is caused by uneven spoke tension.  It can be adjusted, but it's easy to go wrong here and make it worse if you don't know what you're doing.

Most good bikes are bought from bike shops.  This allows the shop to properly assemble and adjust the bike.

If you know someone who can do it (and possibly teach you) that would be your cheapest option.  (six-pack of beer?).  Otherwise, I recommend you take it to the bike shop.

If you do decide to do it yourself, you'll need a spoke wrench and a lot of patience.  There are youtube videos that can show you how.

I still recommend a bike shop.  Most bikes from stores are not properly assembled at all.  Many times the bearings have not been greased.  The "cheap" bike seldom is actually cheap.