All Forum Posts by: Gabriella Nataldie

Quote from @Wale Lawal:

@Gabriella Nataldie

To make a strong financial future, think about getting more cash through side jobs or freelance work, cut down costs by making a budget, and use your saved money smartly. For plans that will pay off later, get into house hacking, save money for a first payment, meet people in local real estate groups and find a mentor, and put money into things that earn without much work like stock index funds or ETFs. Set clear money targets, make a plan for investing, and check and tweak your plan as you go. To learn more, read books, visit websites, chat on forums, and try apps like Mint, Robinhood, and Zillow. Remember that investing is a marathon, not a sprint, and reach out to the community for support and advice.

Good luck!

Thank you so much for the detailed advice and encouragement! It's incredibly valuable to have a roadmap like this for building a strong financial future. I'll definitely take your suggestions to heart, especially about exploring side gigs for extra cash, budgeting diligently, and leveraging resources like local real estate groups and mentorship. Diving into house hacking and investing in index funds and ETFs are great long-term strategies I'll be sure to consider as well. Your reminder about setting clear targets and continuously refining my plan is spot-on. I'll keep educating myself through books, websites, and apps as I progress. Your support means a lot, and I'll certainly reach out to the community for guidance along the way. Thanks again for the well-wishes and advice!

Quote from @Jonathan Greene:

Sorry to hear about your dad, but you are doing a great thing being that support for him right now. Unfortunately, your investing journey is very, very far away. To be successful when you get into investing, you need to have savings, a lot of it to get started and have reserves.

You can't house hack with limited downpayment, mediocre credit, and a lower income new job so your goals now should just be to focus on making money, taking care of your dad, and learning about real estate if you really think it's a think you would like long-term and not just the thought of passive income.

Thank you for your kind words and understanding. I truly appreciate your perspective on the investing journey. You're absolutely right; it's crucial to have a solid financial foundation before diving into real estate investments. Right now, my focus is starting on supporting my dad, building up savings, and gaining a deeper understanding of real estate as a long-term goal. I'll keep learning and growing in the meantime. Thanks for your insights!

Hey everyone, I could really use some advice. So, here's my situation: I'm 23 and eager to dive into the world of investing. College drained my finances faster than I anticipated, but I've found a new path that feels right for me. I've shifted my focus from textbooks to spending quality time with my dad, who hasn't been feeling well lately, and I'm aiming to build up some savings through investments.

Now, I don't have a car, but I have a friend who works nights and has kindly offered to give me rides anywhere between 3am and 4pm. The challenge? Jobs during those hours are hard to come by. Luckily, I've found one that's willing to work around my schedule—$10 an hour for 5 hours a day, 5 days a week. It's not exactly a windfall, but it's a start.

My dad's medical bills are piling up faster than I'd like, and I'm feeling the financial strain. I know I need to up my game and start investing if I want to make a dent in those bills. I've managed to save up $10k, but with those pesky doctor bills eating away at it, it's looking more like $8k. Plus, my work history is pretty slim—I only worked for a couple of months during college.

I'm eager to do more, to explore new avenues of passive income, and to soak up knowledge like a sponge. I've been eyeing investment properties, hoping to learn a thing or two from the experts. House hacking sounds intriguing, but for now, I'm staying rent-free and saving every penny for that perfect property that'll set me on my way. I am not sure where I should start.

So, if any of you wise individuals out there have any advice or tips to make this journey a bit smoother, I'd be incredibly grateful. Your help would mean a lot to me. Thanks a bunch!