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All Forum Posts by: Ricky Vasquez

Ricky Vasquez has started 2 posts and replied 3 times.

Post: little sister has no idea about money, book suggestion?

Ricky VasquezPosted
  • san diego, ca
  • Posts 3
  • Votes 0

thank you everyone for the advise, all great options for books! i have read most of these books myself. I realize there isn't much i can do for her, but at least i can gift her a book and hope she reads it. 

Post: little sister has no idea about money, book suggestion?

Ricky VasquezPosted
  • san diego, ca
  • Posts 3
  • Votes 0

the other day i was talking with my 17 year old little sister and she told me the first thing she is going to do is buy a new car when she gets out of high school and it occured to me that she has no idea how to manage money, i tried talking with her about buying a new car wasn't the best chose in her situation but of course she didn't listen. Its doesn't help that the people around me believe I'm very odd for "actually thinking" that i will not need to work by the time I'm 35. but to give you a little back story on her situation. Our parents are awesome but I found out later on that they are bad with money and we never talked about money growing up. i learned the hard way on how to manage money until finding the FI path on my own and I have been on the FI path for about 2 years now.  I'm still amaze by how much about finances i did not know. Everytime i share these methods or ideas i get shut down. but still I've help encourage my sister to take college credit course in high school, as well of take advantage scholarships and oportunies through high school. so finishing her senior year she has many oportunies ahead of her. I've tried talking with her about the "taboo topic" of money but i don't seem to get anywhere. Part of me thinks i should back off, but i would hate for her to make the same mistake as many many people around us have done. anyways i know that she does like to read and i think it'd be a great way for her to get her thinking about finances. there are lots of great books about finances but i can't seem to find one that would appeal to her. the closest i found are books geared towards educated 20 years olds with jobs, careers already.

do you have any suggestion for a book i could get for her? or any others ideas on how i should approach the situation?

Post: buying first property in san diego

Ricky VasquezPosted
  • san diego, ca
  • Posts 3
  • Votes 0

in a couple months, i would like to buy my first property. i live in san diego ca and its really expensive market. i have family and we are used to living in around 900sqft houses, i would like to find a multi house property for a house hacking method. ive been looking online for a while but i don't ever see "wat i think" are good deal. i am an engineer that makes 6 figures and the couple time i talked to a real estate agent they try n push me to get a big expensive house because i can "afford it". i don't think they understand that i want to achieve FI. anyways my question is, how do i find a real estate agent that understand what i am trying to do? and is it common for a real estate agent to find "good deals" on multi-house property? in the next couple months i will be ready to make the leap but i really like to know all the variable before i make the leap. i been researching like crazy for a while, the only thing i haven't been able to do is ask the right ppl. hope to get some responses, thank u in advance