Basically, you are right: the reason we do that is that we only care about the real part of the solution (for basic physics problems), and that gives it to us.
Now, you might ask why you can do this. One really important fact about the wave equation is that it is "linear". This means that you can add two solutions to each other and get another solution, and you can multiply a solution by a constant and get another solution. In particular, if
\begin{equation}
\psi(x, t) = A\, e^{i(k x - \omega t)} \tag{1}
\end{equation}
is a solution and its complex conjugate $\bar{\psi}$ is too, then you also know that $(\psi + \bar{\psi})/2$ is a solution. That is, the real part alone is a solution.
So that's why you can do it, but there are also pedagogical reasons you should do it. By introducing these exponential solutions now in a familiar setting, you can start to get good at the mathematics, and that'll get even handier later. Here are just a few reasons off the top of my head:
1) It's easier to manipulate complex exponentials than to manipulate trig functions. High school hotshots may care about trig identities, but nobody else does. They're annoying and dumb, and you should forget all about them. What you should get good at is exponentials. Just a few simple rules, and you can rederive any old trig identity you want, and then some.
2) It's a good introduction to the ideas of Fourier methods. It's true that you can use Fourier methods with sines and cosines, but they're just much prettier with complex exponentials. And they're extremely powerful. For example, you can show that (subject to some basic assumptions), any solution to the wave equation can be expressed as a combination of solutions like equation (1), with various values for $A$ and $\omega$ (hence also $k$). More generally, you'll frequently see Fourier methods as nice ways of understanding other differential equations.
3) There are other physical systems where you actually do care about both the real and imaginary parts of the solution. For example, when you talk about gravitational waves, you find that they have two components. If you add the first component to $i$ times the second component, they satisfy the wave equation, and the solution is proportional to $e^{i(kx-\omega t)}$ — not just its real part. And of course, you'll also find many examples in quantum physics. Quantum fields are inherently complex, so again you can find solutions like $e^{i(kx-\omega t)}$. If you want to get really fancy, geometric algebra is full of examples (or here for a free copy) of systems where the solution looks like this, except that $i$ is replaced by geometric objects that have the familiar algebraic property that they square to $-1$.