Jelfri Torres

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Jelfri Torres First-gen Latino dad in NYC building income after work. Host of First Gen Latino Money 🎙

10/14/2026

Retire at 45 and your money may need to last 45 years. The 4% rule was built for about 30.
At $40,000 a year: $1 million at 4%, about $1.14 million at 3.5%. (Sample numbers.)

Your tenant paid full rent this month, and you still lost $200.Sample math: $1,500 rent in. $1,100 fixed costs out. $400...
10/14/2026

Your tenant paid full rent this month, and you still lost $200.

Sample math: $1,500 rent in. $1,100 fixed costs out. $400 left. Then the water heater breaks: $600. You're $200 in the hole in a month where everything "went right."

Decision rule: judge a rental by the year, not one good month. Repairs average out.

Landlords, what was your surprise repair?

(Sample math for education only, not financial advice. Your numbers will differ.)

10/14/2026

Forget $1,000 a month of passive income. Start with one bill.
Your $150 phone + internet = $1,800 a year. At 4% that's $45,000 invested, and that bill never comes out of your paycheck again. (Sample numbers.)

10/14/2026

$10,000 sitting in savings at 4% earns about $33 a month. Truly passive, but $1,000 a month would take about $300,000.
Savings is your safety net, not your whole passive income plan. (Sample numbers.)

Tenant leaves? That's $2,200 out of your pocket before the next one moves in.Sample math: mortgage, taxes and insurance ...
10/14/2026

Tenant leaves? That's $2,200 out of your pocket before the next one moves in.

Sample math: mortgage, taxes and insurance still cost $1,100 a month, rent or no rent. Two months to find the next tenant = $2,200 out of your pocket, before any repairs.

Decision rule: keep cash for at least two empty months before you buy.

How many months would you plan for?

(Sample math for education only, not financial advice. Your numbers will differ.)

10/14/2026

If you spend $60 a week on groceries and $15 of it goes bad, that's $780 a year in the trash.
Buy for the meals you'll cook, not the ones you hope to.
How much do you think you toss each week?

10/14/2026

$10,000 in savings at 4% pays you about $33 a month. That's passive income. It's just small.

Sample math: $10,000 at 4% a year earns $400. Divided by 12: about $33 a month. You do nothing for it.

But to make $1,000 a month that way, you'd need about $300,000.

Rule: savings is your safety net, not your whole passive income plan.

Did you know what yours earns per month?

(Sample math for education only, not financial advice. Your numbers will differ.)

10/14/2026

Ever driven to another store to save a few dollars? If the trip costs about $5 to save $4, you're losing $52 a year doing it weekly. Count the trip, not just the receipt. Sample numbers, so plug in your own. For a W-2 worker, time and gas are part of the price. Is the drive worth it for you?

10/14/2026

Coupons are great for what you'd already buy. But $2 off a $10 thing you didn't need is still $8 out of your pocket. Only use a coupon on something you were already going to buy. Sample numbers, so plug in your own. What coupon has gotten you to buy something you did not need?

10/13/2026

That $2 coupon just made you $8 poorer.

Sample math: $2 off a $10 item you weren't planning to buy. You pay $8. Compared with buying nothing, you're $8 poorer.

Rule: decide what you need first, then look for the coupon. Not the other way around.

What's the most useless thing a coupon made you buy?

(Sample math for education only, not financial advice. Your numbers will differ.)

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New York, NY
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