THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

Hey there! This is the final episode of my special four-part series on college, and honestly, it might be the most important one yet. I'm sharing this with you to celebrate the launch of my 14th book, The Truth About College, hitting stores on December 4th. Today, I'm giving you the strategies you've been waiting for - eight powerful ways to help your teen graduate college in four years, completely debt-free, and on the dean's list. We're talking about real money-saving tactics here, not just theory. I'll walk you through everything from earning college credit in high school through AP and Dual Enrollment classes, to taking advantage of CLEP and DSST exams that can cut years off your degree timeline. Yes, I'm even going to make the case for community college - and before you tune out, hear me out on why this could save you over $100,000. We'll explore how 35 states now offer free community college, and 25 states provide free four-year degrees. I'll tell you about major employers like Amazon, Starbucks, and Disney, who will pay for your teen's entire education while they work full-time. But here's the kicker - I'm giving you an exclusive preview of my book's final chapter: "The 12 Biggest Mistakes Students Make." From rushing into college to not realizing AI might eliminate their chosen career field, these mistakes could cost your family hundreds of thousands of dollars. This is practical, actionable advice that could literally change your teen's financial future. Don't miss it! Ready to help your teen avoid the college trap and find their path to success? Pre-Order The Truth About College Now for Exclusive Bonuses:  https://thetayf.com/college/ #CollegePlanning #RicEdelman #TruthAboutCollege #StudentDebt #CollegeGoals #HigherEducation #ParentingTips #CollegeSuccess #StudentLoans #CollegeCosts #EducationPlanning #CollegePrep #FinancialPlanning #CollegeAdvice #StudentSuccess #EducationStrategy #CollegeDecisions #CollegeMyths #StudentMentalHealth #CollegeROI #EducationInvestment #CollegeAlternatives #CareerPlanning #StudyTips #AcademicSuccess #CollegeReadiness -----   Follow Ric on social media:   Facebook: ⁠https://www.facebook.com/RicEdelman⁠ Instagram: ⁠https://www.instagram.com/ric_edelman/⁠ LinkedIn: ⁠https://www.linkedin.com/in/ricedelman/⁠ X: ⁠https://twitter.com/ricedelman⁠ YouTube: ⁠https://www.youtube.com/@RicEdelman⁠

In this third episode of my special college series, I'm going to give you some hard truths that might make you uncomfortable – but they could save your teen's financial future. I start by revealing a shocking statistic: engineering graduates earn $73,000 five years after graduation, while psychology majors earn just $40,000 – yet both degrees cost exactly the same at any given school. This isn't fair, and it's why you need to think about college as an investment that must generate a solid return. Here's what I really want you to understand: the days of "follow your passion" advice are over. When college cost $5,000 total back in the 1960s and few people had degrees, any diploma set you apart. Today, with 60% of high school graduates going to college and degrees costing up to $300,000, your teen faces massive competition and must choose a major that leads to high-paying work. I spend significant time explaining why student loans are so dangerous – and they're nothing like other loans. Unlike mortgages or car loans, student lenders give money directly to 18-year-olds with no income requirements, no collateral, and no monthly payments for up to seven years. The results are devastating: 71% of borrowers delay major life decisions like buying homes, getting married, or having children because of their debt. Even worse, you can't discharge student loans in bankruptcy, and 37% of students drop out but still owe the money. I share alarming statistics about wage garnishments and how 4 million parents owe $65 billion in parent PLUS loans. My message is clear: choose an inexpensive college, graduate in four years, and avoid student loans entirely. Next week, I'll show you exactly how to minimize college costs and reveal the 12 biggest mistakes students make. This episode is essential listening for any parent who wants to help their teen get a college education without destroying their financial future. Ready to help your teen avoid the college trap and find their path to success? Pre-Order The Truth About College Now for Exclusive Bonuses:  https://thetayf.com/college/ #CollegePlanning #RicEdelman #TruthAboutCollege #StudentDebt #CollegeGoals #HigherEducation #ParentingTips #CollegeSuccess #StudentLoans #CollegeCosts #EducationPlanning #CollegePrep #FinancialPlanning #CollegeAdvice #StudentSuccess #EducationStrategy #CollegeDecisions #CollegeMyths #StudentMentalHealth #CollegeROI #EducationInvestment #CollegeAlternatives #CareerPlanning #StudyTips #AcademicSuccess #CollegeReadiness -----   Follow Ric on social media:   Facebook: ⁠https://www.facebook.com/RicEdelman⁠ Instagram: ⁠https://www.instagram.com/ric_edelman/⁠ LinkedIn: ⁠https://www.linkedin.com/in/ricedelman/⁠ X: ⁠https://twitter.com/ricedelman⁠ YouTube: ⁠https://www.youtube.com/@RicEdelman⁠

Explore the vital connection between lifestyle aspirations and career choices. Young people should consider the income needed to support their desired lifestyle before picking a career. Discover how taxes and hidden costs can significantly cut into that dream salary. Delve into why teachers are leaving the profession due to financial pressures, and understand the hefty expenses associated with college and life thereafter. Learn about the true cost of living and why strategic career choices matter for building long-term wealth.

In this engaging discussion, Ric Edelman explores the crucial role of college decisions for families. He highlights the stark reality of college dropout rates and student debt, paired with the financial and health benefits of earning a degree. Ric identifies the top mistakes parents make that can lead to poor outcomes for their teens. He emphasizes the importance of setting specific goals for college success and shares effective study methods that turned his academic career around. Prepare for enlightening insights on navigating the complex college landscape!

In his final podcast, Ric discusses the most important topic that will impact the future of personal finance: crypto. He discusses the amazing growth and the factors that will chart the future course of crypto with fellow crypto pioneer Mike Novogratz, Founder and CEO of Galaxy. And Ric reflects on his radio-tv broadcast journey in financial education as he paved the way for advisors to host radio shows across the country. Plus, a look at what's next for Ric.#CryptoEducation #DiversifiedPortfolio #DigitalAssets #InstitutionalInvestors #GetOffZero #Crypto #Bitcoin #InvestmentOpportunities #FinancialAdvice #CryptoEducation #DiversifiedPortfolio #FinancialPlanning #DigitalAssets #InstitutionalInvestors #GetOffZero#RicEdelman #FinancialMedia #InstitutionalInvestors #GetOffZero #RadioPioneer #Copycats #FinancialEducation #PersonalFinance #Investing #Legacy #FinancialLiteracy #MediaInnovation #Galaxy-----Stay Connected on Ric's Distribution List: https://bit.ly/ric_edelmanAsk Ric: https://www.thetayf.com/pages/ask-ric -----  Links from today’s show:  12/26 Podcast - The Most Important Personal Finance Message, Part 2: Investing https://www.thetayf.com/blogs/this-weeks-stories/the-most-important-personal-finance-message-part-2-investing12/23 Podcast - The Most Important Personal Finance Message, Part 1: Longevity: https://www.thetayf.com/blogs/this-weeks-stories/the-most-important-personal-finance-message-part-1-longevityGalaxy Digital https://www.galaxy.com/Galaxy Investor's Guide - The Investable Universe of Digital Assets: https://www.galaxy.com/investable-universe/?utm_campaign=The%20Investable%20Universe%20of%20Digital%20Assets&utm_source=TAYF%20Email&utm_medium=Banner%20AdInvesco Galaxy Bitcoin ETF (BTCO) https://www.invesco.com/us/financial-products/etfs/product-detail?ticker=BTCOInvesco Galaxy Ethereum ETF (QETH) https://www.invesco.com/us/financial-products/etfs/product-detail?ticker=QETHState Street Galaxy SPDR Galaxy Digital Asset Ecosystem ETF (DECO) https://www.ssga.com/us/en/intermediary/etfs/spdr-galaxy-digital-asset-ecosystem-etf-decoState Street Galaxy SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) https://www.ssga.com/us/en/intermediary/etfs/spdr-galaxy-hedged-digital-asset-ecosystem-etf-hecoState Street Galaxy SPDR Galaxy Transformative Tech Accelerators ETF (TEKX): https://www.ssga.com/us/en/intermediary/etfs/spdr-galaxy-transformative-tech-accelerators-etf-tekx1/15 Webinar - Your Crypto Questions Answered: https://dacfp.com/events/your-crypto-questions-answered12/10 Webinar Replay - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning12/9 Webinar Replay - What the Election Results Mean for Crypto:  https://dacfp.com/events/what-the-election-results-mean-for-crypto2/24-2/26 Wealth Management Convergence-2025: https://www.thetayf.com/pages/convergence11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/-----  Follow Ric on social media:  Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman-----  Brought to you by:  Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

The podcast focuses on the importance of adjusting investment strategies due to longer lifespans, highlighting five key subjects: college, real estate, exponential technologies (including AI), and the rising risks of scams. As an example, a listener who lost $1.7 million to a crypto scam and took further action by borrowing money to send to the scammers.#InvestmentStrategy #AgingAndLongevity #RealEstateInvesting #ExponentialTechnologies #ArtificialIntelligence #CollegeCosts #FinancialPlanning #DiversifiedPortfolio #ScamAwareness #TechInFinance #CryptoScam #FinancialAdvice #InvestmentScams #BankFraud #ScamAwareness #PersonalFinance #InvestorProtection #RetirementSavings #FinancialSecurity #ExponentialTechnologies-----Stay Connected on Ric's Distribution List: https://bit.ly/ric_edelmanAsk Ric: https://www.thetayf.com/pages/ask-ric -----  Links from today’s show:  1/15 Webinar - Your Crypto Questions Answered: https://dacfp.com/events/your-crypto-questions-answered12/10 Webinar Replay - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning12/9 Webinar Replay - What the Election Results Mean for Crypto:  https://dacfp.com/events/what-the-election-results-mean-for-crypto2/24-2/26 Wealth Management Convergence-2025: https://www.thetayf.com/pages/convergence11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/-----  Follow Ric on social media:  Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman-----  Brought to you by:  Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

As people are living longer and healthier lives thanks to advancements in technology, healthcare, and public policy, it is critical to rethink investment strategies, family dynamics, and wealth distribution is critical. As we approach a future where living to 100 is the norm, longevity is a key factor in managing healthcare costs and embracing reinvention, has never been greater.#Longevity #Aging #Healthcare #InvestmentStrategy #WealthTransfer #RetirementPlanning #FamilyDynamics #AlzheimersAwareness #Reinvention #FinancialPlanning #SocialSecurity #Pensions #Webinars #Personalfinance #Investmentmanagement #Cryptoeducation #Financialliteracy #Investmentstrategy #Financialplanning #RicEdelman-----Stay Connected on Ric's Distribution List: https://bit.ly/ric_edelmanAsk Ric: https://www.thetayf.com/pages/ask-ric -----  Links from today’s show:  1/15 Webinar - Your Crypto Questions Answered: https://dacfp.com/events/your-crypto-questions-answered12/10 Webinar Replay - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning12/9 Webinar Replay - What the Election Results Mean for Crypto:  https://dacfp.com/events/what-the-election-results-mean-for-crypto2/24-2/26 Wealth Management Convergence-2025: https://www.thetayf.com/pages/convergence11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/-----  Follow Ric on social media:  Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman-----  Brought to you by:  Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

The pros and cons of SBA loans for small businesses, as entrepreneurs should first assess if borrowing is the right decision for their business's long-term success. Plus a controversial vote in West Virginia about medically-assisted suicide is one example of the global debate on the complexities and growing relevance of euthanasia.#SBALoans #SmallBusinessGrowth #Entrepreneurship #FinancialAdvice #MedicallyAssistedSuicide #WestVirginiaVote #SocialDebate #EuthanasiaDebate #BusinessSuccess #CapitalRaising #RicEdelman #StartupLoans #BusinessFunding #LoanRisks #DebtManagement #YoungEntrepreneurs #InvestorCapital #HomeEquityLoan #BusinessConsulting #ExponentialTechnologies #BusinessMentoring-----Stay Connected on Ric's Distribution List https://bit.ly/ric_edelmanAsk Ric: https://www.thetayf.com/pages/ask-ric -----  Links from today’s show:  1/15 Webinar - Your Crypto Questions Answered: https://dacfp.com/events/your-crypto-questions-answered12/10 Webinar Replay - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning12/9 Webinar Replay - What the Election Results Mean for Crypto:  https://dacfp.com/events/what-the-election-results-mean-for-crypto2/24-2/26 Wealth Management Convergence-2025: https://www.thetayf.com/pages/convergence11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/-----  Follow Ric on social media:  Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman-----  Brought to you by:  Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

Gold plays a key role in portfolio diversification, however, buying physical gold involves significant challenges such as storage, security, and commissions, which has led many investors to opt for gold-backed ETFs like GLD, offering convenience, liquidity, and lower costs. Plus, the decision of whether to hold investments like Bitcoin in a taxable account or an IRA depends on tax and risk factors making the choice more complex.#Gold #Investing #GoldETF #GoldMarket #GLD #PortfolioDiversification #InflationHedge #InvestmentStrategy #GoldCoins #PhysicalGold #InvestmentAdvice #GoldMining #Bitcoin #IRA #CryptoInvesting #TaxableAccount #RothIRA #CryptoTaxStrategy #InvestmentStrategy #CapitalGainsTax #TaxDeferral #InvestmentAdvice #FinancialPlanning #RetirementPlanning-----Stay Connected on Ric's Distribution List https://bit.ly/ric_edelmanAsk Ric: https://www.thetayf.com/pages/ask-ric -----  Links from today’s show:  SPDR Gold Shares ETF from State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/spdr-gold-shares-gldState Street Global Advisors: https://www.ssga.com/1/15 Webinar - Your Crypto Questions Answered: https://dacfp.com/events/your-crypto-questions-answered12/10 Webinar Replay - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning12/9 Webinar Replay - What the Election Results Mean for Crypto:  https://dacfp.com/events/what-the-election-results-mean-for-crypto2/24-2/26 Wealth Management Convergence-2025: https://www.thetayf.com/pages/convergence11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/-----  Follow Ric on social media:  Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman-----  Brought to you by:  Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

The question "What do you do?" has long been a standard icebreaker, but for many, especially those facing retirement, career changes, or gig work, it’s a challenging question that doesn’t fully capture who they are. Instead of focusing on a job, the key is to reframe the answer to give new perspective on identity and spark more meaningful conversations.#ReframeYourIdentity #CareerChanges #PersonalFulfillment #HobbiesAndPassions #WhatDoYouDo #RetirementLife #JoblessLife #CareerTransition #ReinventYourself #SocialConnection #MeaningfulConversations #LifeBeyondWork #webinars #personalfinance #investmentmanagement #cryptoeducation #financialliteracy #investmentstrategy #financialplanning-----Stay Connected on Ric's Distribution List https://bit.ly/ric_edelmanAsk Ric: https://www.thetayf.com/pages/ask-ric -----  Links from today’s show:  1/15 Webinar - Your Crypto Questions Answered: https://dacfp.com/events/your-crypto-questions-answered12/10 Webinar Replay - The Retirement Revolution: ETF Solutions for Modern Retirement Planning: https://www.thetayf.com/pages/the-retirement-revolution-etf-solutions-for-modern-retirement-planning12/9 Webinar Replay - What the Election Results Mean for Crypto:  https://dacfp.com/events/what-the-election-results-mean-for-crypto2/24-2/26 Wealth Management Convergence-2025: https://www.thetayf.com/pages/convergence11/13 Webinar Replay - An Innovative Way to Generate Income in a World of Declining Rates: https://www.thetayf.com/pages/november-13-2024-an-innovative-way-to-generate-income10/9 Webinar Replay - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/-----  Follow Ric on social media:  Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman-----  Brought to you by:  Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee