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SAN DIEGO (KGTV) - The holiday shopping season is here and you probably have a long list of presents to buy that will set you back hundreds, even thousands of dollars. But you might think twice about overspending on Black Friday or Cyber Monday when you take a closer look at the FIRE movement to help you make it in San Diego. Amon Browning and his wife Christina were recently featured on ABC News. The San Francisco couple just retired, and they’re only 40 years old. “I was making ,000 a year, and Christina was making about ,000 a year,” says Amon Browning. In just eight years, they managed to save million by investing 70 percent of their income through a method called FIRE, which is short for Financial Independence, Retire Early. RELATED: Making It in San Diego: Debt-free couple leaves San Diego to fast-track retirementIt sounds impossible, but it’s true.“Have a seat anywhere, it’s fun!” says a smiling Jennifer Mah looking over a crowded San Diego theatre. Mah is the Community Liaison for a local FIRE Chapter in San Diego called Choose FI, as in Financial Independence. It’s a movement that’s growing. “Welcome to the screening of Playing with Fire,” says Mah as the crowd cheers. RELATED: Is retiring in your 40s possible? This man says he's done itShe’s talking about ‘Playing with Fire: The Documentary.’ About 100 people gathered to watch the documentary shown only in select theaters. They gathered to learn what it takes, mostly significant financial sacrifices, to retire early. “The American Dream is getting a college degree, and this job, and this white picket fence. But all of that has this huge debt behind it,” claims a woman interviewed for the documentary.The goal of the film is to get people thinking about where they spend their money. “The consumerism culture is harmful. It really hurts people,” says another man as video of a massive Black Friday rush appears on the big screen.Ultimately, the documentary portrays how consumerism and marketing place so many Americans on the edge of bankruptcy. “We are spending money we don’t have to buy things we don’t need to impress people we don’t know,” says another man in the documentary in an ominous tone. RELATED: The 6 big retirement mistakes — and one way to avoid themBut he’s not that far off. A recent survey from Charles Schwab found 59 percent of adults live paycheck to paycheck. Nearly half, 44 percent, have credit card debt, and only 38 percent have an emergency fund. Those in the Choose FI community are the opposite. “People in the FI Community have a savings rates upwards of 40 percent,” says Mah. Meaning nearly half of their income is going into savings. Everyone in the movement is different in their quest to save and retire early; there’s no one specific way to do it. “Some things that most people cut: really expensive cable, really expensive phone bills, streaming services,” adds Mah. For others, it’s more drastic, like downsizing a house or giving up an expensive car for a used one. RELATED: Living life on their own terms: Couple shares how they retired in their 30's“It’s just about being resourceful, number one, and taking responsibility, number two,” says Kyle Lasota, a young entrepreneur who came to see the documentary. “Until you decide to take responsibility, nothing is going to happen. Everything is always going to be out of your control.”“Even if I don’t reach financial independence, retire early, I think I will be better for trying than not to try at all,” says Mah. The FIRE movement takes a great deal of sacrifice. To be successful like the Brownings, you must reduce spending, pay off your debts, and maximize your savings by setting aside 40 to 60 percent of your income. Finally, you must have 25 times the amount you plan to spend annually in retirement. 3809
SAN DIEGO (KGTV) -- The latest water main break Sunday in the Midway District is the latest example of San Diego’s aging water system. But the city is working to fix the issue, replacing more than 100 miles of water transmission and distribution pipes.According to city documents, since 2013, San Diego spent 8 million to repair and replace 116 miles of water transmission and distribution pipes.A total of 72 miles of those repairs were on cast iron pipes, the oldest ones in the system. The project started in 2007 and sparked a rate increase to pay for the work.RELATED: Water main break in Midway District causes flooding, shuts down roadAs older piper are replaced, the city has seen the number of water main breaks decrease. "We have more than 3,000 miles of pipeline," said department spokesperson Brent Eidson, "To do it properly, we're probably always going to be replacing pipes."Throughout the project, older pipes made from concrete or cast iron are being replaced with new PVC pipes. Edison says PVC is the industry standard. Pipes made from the material usually last between 50-75 years.The city says its water system extends more than 400 square miles and moves roughly 172 million gallons per day. Included in that area is 49 water pumping stations, 29 treated water storage facilities, three water treatment plants and more than 3,300 miles of pipelines.The city hopes to have all the cast iron distribution lines replaced by 2018-19. The goal is to have all the larger cast iron transmission mains replaced by 2023. Some of the cast iron pipes are nearly 100 years old.The following numbers were provided to 10News by the Public Utilities Department and list the number of breaks over the last six years.2012: 1022013: 952014: 742015: 632016: 852017: 81 (as of October 20)2018: 29 (as of August 5) 1841
SAN DIEGO (KGTV) - The group of individuals assigned with making a recommendation on the appropriateness of the Aztec mascot will not be named, according to San Diego State University officials.SDSU Sally Roush says intends to make decision about the mascot no later than May 31 after a recommendation made by the ‘Aztec task force’ April 30.RELATED: Should SDSU get rid of it's Aztec Warrior mascot?The task force includes five students, five staff members, five members of the community and two at-large appointees.SDSU said earlier in February they would name those on the task force, then later decided to keep their identities private.Some students question why a public university funded by taxpayers is hiding those responsible for a major decision.RELATED: SDSU Senate passes resolution to retire Aztec Warrior mascot “If we’re going to come to real solution, we need to know who is on that task force,” said SDSU Senior Brandon Jones, “it’s going go a long way in identifying the legitimacy of this task force.”SDSU defended their decision in a statement:"Until the conclusion of their work, names of this task force will be withheld in an effort to allow them the opportunity to deliberate, research and present their final recommendations without disruption." 1288
SAN DIEGO (KGTV) -- The Grossmont Union High School District is investigating an Instagram page reportedly used to rate female students. According to a spokesperson for the district, officials were recently alerted about the page’s existence, which reportedly rates the studnts based on certain features. Based on information shared with 10News, the posts rate young girls on looks and personality, among other categories. A parent within the district also posted in a Rancho San Diego neighborhood watch group on Facebook about the page. The parent said her daughter, who attends a different high school in the district, was told about the page via mutual friends. Read the district’s full statement below: 716
SAN DIEGO (KGTV) -- Tens of thousands descend on San Diego International Comic-Con this week, bringing an economic boom to Airbnb hosts. According to Airbnb, guests travel to San Diego from 71 countries and every state in the U.S. during the weeks of Pride and Comic-Con. The company also says that 41,000 people rent from Airbnb during the same time period. Comic-Con may draw the masses, but Airbnb hosts say it’s the hospitality that keeps people coming back. 471