<prompt> Human: Hey guys! Im a 23yr old male who works in the telecommunications industry. I make pre-tax anywhere between a min of 3500 to a max of 5000, depending on overtime. My bills add up to a total of 502 including car,credit cards phone and insurance. I have 18k saved, I also live in California, not married but I am single dad of a 3 yr old daughter. I live at home with my parents and need direction where to go from here.  <response>: It really depends on the area of California where you want to live. Right now you are in a somewhat good place. Living with your parents means you have cheap rent, and your parents can babysit your daughter for free, allowing you to work more overtime. I highly doubt you can buy a house right now because 18k probably isnt enough money for a down payment. If you really want to move out of your parents house, I would suggest you rent. Also it might be a good idea It is a good idea to set up a college fund for your daughter. The earlier you start, the more saved you will have saved up. 