Starting College Right With Affordable College Prep

#027 Alan believes that while college is not for everyone, it is for most people, and planning needs to start as early as the first year of high school. This explains why having a good record in high school is important, as well as attendance, getting good grades, and taking part in organizations and community work. It becomes part of the portfolio to look good for colleges.

For full show notes and transcript please go to Raising Financial Freedom

-       "Only 6 out of 10 students actually complete college within 6 years"

-       "Students that have a college degree make more than a million dollars in their lifetime more than students that don't have a college degree"

-       "In a good school with a good advising program, the adviser will seek out the student"

-       "Find a friend that can help you, don't find a friend that's going to make your situation any harder"

 In This Episode:

·         [04:20] Do you think college is for everyone, and when should that decision be made by the child and parents?

·         [04:50] What are some of the obvious ways to prepare for college that are commonly overlooked?

·         [07:39] What are some of the main goals of your website; "Affordable College Prep"?

·         [09:50] What are some of the costs of college that are not associated with the main bill of college? 

·         [012:44] What is the best way a student can monitor how much they are spending?

·         [12:50] What should a student do after failing a couple of classes, and already reaching their financial threshold?

·         [19:55] If a child wants to go to college but is unsure of what to major in, what should they do?

·         [21:40] Can you explain the "Ace Advising" from your website?

·         [22:12] When did you realize that you had a passion for college prep?

·         [23:01] What are some of the problems you've seen that frustrated you the most?

·         [24:32] Favorite tips from Alan for students or parents.

·         [26:40] How to contact Alan

 Links Mentioned: 

• News-https://financialliteracymovement.com
• Website: www.affordablecollegeprep.com 
• Website: www.collegescorecard.ed.gov 
• Email: alan@affordablecollegeprep.com 
• Facebook: Affordable College Prep Facebook
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•   Like us on Twitter: https://twitter.com/RF_Freedom

Transcript

[00:00:00] Eric: [00:00:00] We are back. Welcome to episode 27 of raising financial freedom. We're glad to be back. And we are glad that you're back here. Listening today. We're going to talk about a little bit of financial literacy news coming out of Ohio state. And also our guest today is Dr. Alan Seedman from affordable college prep.com.

[00:00:22] What you're going to learn is some college prepping tips for your children. That will go a long way. So let's talk news in Ohio state, a young man by the name of Edward back in yummy. This young man then is making waves and financial literacy and is looking for a piece of legislation requiring high school students to take a half credit course in financial literacy.

[00:00:44] Now, if he can get this bill passed, this would be a good push for financial literacy. To become a standard within the education system. Now, the bill is called the Ohio Senate bill one or SB one, and has already passed the state senators and is [00:01:00] now looking to move to the Ohio house for consideration. I'm going to play your little clip of Edward OCHIN.

[00:01:05] Yemi speaking in front of the Senate. This 

[00:01:09] Alan: [00:01:09] bill is about aligning what students learn in school with, with the skills that they actually need as adults to survive and thrive in the real world. Because he sees senators. The purpose of education is to prepare students for adult life, which means that courses like financial literacy should be the most highly prioritized ones in our school.

[00:01:33] This bill is also about using education to solve society's most difficult problems before they happen, rather than waiting for them to become a reality. We need to stop waiting for problems to happen in adulthood. When we have the tools to solve them right now, we can't wait for people's credit to become damaged for them to be drowning in tens of thousands of dollars of student loan debt, and for people in their forties and fifties who have never [00:02:00] heard of a 401k, we need to teach kids when they're young, how to prevent this from happening in the first place, instead of waiting until they are older.

[00:02:11] Senate bill one would help do this because prevention is always better than 

[00:02:15] Eric: [00:02:15] cure. So it's definitely trying to do some big things. When it comes to financial literacy, I'd like to give a salute to Edward Achan. Yummy. We're trying to get this bill off and. But definitely pushing for, for the progress within financial literacy links to this news will definitely be in the show notes.

[00:02:34] Now on today's show, we have Dr. Alan Seedman and he is here with us today to discuss what are good tips and ways to prepare for college. Now Alan has been teaching since 98 and he is the executive director of affordable college prep.com. So he definitely knows what it takes to get started and get prepared for college.

[00:02:58] So let's get right into it and start [00:03:00] the show and

[00:03:03] Host Daughter: [00:03:03] come on, dad, stop playing around and play the music. Shit 

[00:03:07] Eric: [00:03:07] tough crowd.

[00:03:14] Introducer: [00:03:14] Have you ever wondered why some people seem to have it all financially do well off parents simply hand their children money or is there more to this welfare? Welcome to raising financial freedom. The podcast. We are here to talk about everything you never knew to teach your children when it comes to starting their financial future, the principles behind wealth and methods that are out there to teach your child about personal financial freedom.

[00:03:37] There was no real tricks to earning other than money. We are here to discuss, teach and grow with you. Raising financial freedom, the podcast with your host and concern parents, Eric yard. Let us get right into today's show.

[00:03:54] Eric: [00:03:54] Welcome everybody to another show of raising financial freedom. I would like [00:04:00] to welcome Alan Seedman.

[00:04:08] Alan, how are 

[00:04:08] Alan: [00:04:08] you doing today? I'm doing great, Eric, thank you for having me on 

[00:04:13] Eric: [00:04:13] he on the show. And we want to talk about college prepping for, so for starters, do you think college is for everyone? And when do you think that decision should be made by the child and parent? 

[00:04:25] Alan: [00:04:25] I wouldn't say Cod is for everyone, but I would say it's for most people.

[00:04:30] And I think that college planning really has to start as soon as high school, the first year of high school for CFI 

[00:04:38] Eric: [00:04:38] school. That pretty much that early. Huh? 

[00:04:41] Alan: [00:04:41] That early. Yeah. There's there's homework that really should be done. What are 

[00:04:44] Eric: [00:04:44] some of the obvious ways to prepare for college that is commonly 

[00:04:48] Alan: [00:04:48] overlooked?

[00:04:49] Students need to have a good record in high school. They have to complete their classes. Decent grades and take part in different organizations and [00:05:00] activities. And if they can do any community service, a high school is a great time for that to start to build up their resume or portfolio. So they look good for colleges, 

[00:05:10] Eric: [00:05:10] father tiering for community service helps 

[00:05:13] Alan: [00:05:13] what colleges are looking to bring in students that are going to make them better.

[00:05:17] And the college is still run in a supply and demand model. So if a student is really good and they can create demand for what they can bring to the college, they have an opportunity not just to get into more schools, but to negotiate a little bit with their tuition price and may end up paying less because of it.

[00:05:40] How often 

[00:05:41] Eric: [00:05:41] do you think a student ends up in the wrong school at the wrong time? Oh, 

[00:05:47] Alan: [00:05:47] my that shows up in the data, as I've heard in previous shows, only six out of 10 students actually complete college within six years. So that's 60%. [00:06:00] So what you're saying is 40% or four out of every 10 cost students has a mess up somewhere.

[00:06:06] It's the wrong school or they're in school and they're not doing what they need to do to complete in a timely manner. And. You know, that's just money that you're wasting, you're paying extra tuition. And if you're not even graduating, then you're going to have student loans without a degree to show for it.

[00:06:24] Eric: [00:06:24] That ed is definitely the wrong route you want to take. When should a parent convey the seriousness of college to their children? 

[00:06:32] Alan: [00:06:32] That's a tricky question because many. Students today will be first-generation students, meaning their parents did not attend college university. And they're the first to do that.

[00:06:43] So in many ways, it's up to the student to really take the initiative and do a lot of the planning because the parent might say, I think school is okay for you. We didn't go through it. And additionally with first generation students, parents won't really be there to offer the support that the [00:07:00] student needs when they stumble.

[00:07:02] Eric: [00:07:02] But what I wanted to really know is that how would the child realize to say, Hey, the amount of money being spent here is equivalent to a home or two homes. How can a parent, we just get that to them? Okay. This is really real money. We're playing here with not fake, not like high school anymore. 

[00:07:20] Alan: [00:07:20] The results.

[00:07:21] Are in the data students that have a college degree make more than a million dollars in their lifetime than students that don't have a college degree. So I think the old adage is show me the money really comes true. We're painting a college degree. So you're the founder 

[00:07:36] Eric: [00:07:36] and the director of affordable college prep.com.

[00:07:39] Correct. What are some of the main goals the website is trying to 

[00:07:42] Alan: [00:07:42] accomplish? We just want to help students and their families make smart decisions for college. We offer free resources, free help, any way we can. And. Just want to make sure that students are overpaying parents aren't overpaying, [00:08:00] that smart decisions are being made.

[00:08:02] And it's very rewarding for us. It truly is. So what are 

[00:08:05] Eric: [00:08:05] some, some cases where you've helped the paranoid child for an example, finding 

[00:08:10] Alan: [00:08:10] the right school is the start. And I think it's important to know that not only do only 60% of cost students complete within six years, that statistic is lower for certain minorities, Spanish origin students graduated around 50% African American students in the 40th percent.

[00:08:31] First-generation students about 50%. So it's imperative that parents and students work together to find the right school. And I always like to have them start@awebsitecalledcollegescorecard.dot go. Where. On that website is that data for universities in terms of their completion percent and their retention percent.

[00:08:55] So a parent would put in that school, they would see if the [00:09:00] completion percent is higher than 60%. They would know that school's doing a pretty good job of graduating their students. And retention is data that's collected from first year students to get to their second year. And that's important for universities because universities feel, if you make it to your second year, you're more likely to graduate.

[00:09:23] So the national average for retention is 81%. So here again, parents want to look at the school. Data is public. And they could see the retention percent for their particular college or university. And if it's lower than 80%, that will raise a flag that says this might not be the best choice for my son or daughter.

[00:09:45] Eric: [00:09:45] What should be some of the costs that is not associated with the main bill of college that they should take him? There 

[00:09:52] Alan: [00:09:52] are many college. You have tuition and then there's room in food. And you have textbook [00:10:00] costs and you have supply costs. Also travel costs are important because your Senator daughter, parents, son, and daughter is going to probably travel home periodically.

[00:10:10] And is that a big expense and also hidden expense there, Eric is whether or not the student has a car on campus. Everyone can save a lot of money. If the student does not have, or need a car on campus now, having a car is definitely cool. And it's a hard thing to do to not have however, If you find a college campus that has a very good, robust transportation system that can take the student to just about anywhere around the area, then that could make up for it.

[00:10:45] So I think that's an important consideration that parents sometimes overlook. 

[00:10:50] Eric: [00:10:50] Yeah. So I think that's, uh, that's not something that's well, that's needed on college. I don't know. I didn't have any friends who. I don't think that's something that's well needed. 

[00:11:00] [00:11:00] Alan: [00:11:00] Another consideration too, is working most students work while they go through college.

[00:11:08] I think it's over 80%. So what I always stress to parents and students is. If when their son and daughter has to work, get a job on campus, you can go to the job, help boards. You can research jobs. Before school starts. You can ask friends, you could ask faculty what the jobs are. It's important that students stay on campus and stay connected to the college.

[00:11:37] If students have to get in a car and drive or get in a bus and take two or three buses to a job in another part of town. That creates a challenge for students because it removes them from university life and it just makes it easier to miss classes. It makes it easier to stay late at work and come back to your dorm very late and say, Oh, I'm [00:12:00] not going to go to my morning classes.

[00:12:01] And that's not a good thing. So I always like to tell people to try and find a job on campus. I think 

[00:12:07] Eric: [00:12:07] that must, it must be hard just to juggle that type of schedule anyway, of doing school and working at the same time. So Avenue. Add in travel time. One, two, that must be even like worse 

[00:12:18] Alan: [00:12:18] than some students even work two or three jobs.

[00:12:22] So that's even a bigger challenge in many students can now freelance and that way they can stay in their dormitory or wherever they're living for college and they can work there. So that makes it a little easier. I don't know how that 

[00:12:34] Eric: [00:12:34] works. Two, three, one is hot enough. But, um, what is the best way a student could monitor how much they are spending during their in college?

[00:12:46] Alan: [00:12:46] Oh, that is a wonderful question. And the bottom line is students just don't even myself. When I was in university, even graduate school, you're just going and you're signing loans and you're not really thinking of things. And you're always saying to yourself, [00:13:00] eventually I'll work it out. But then you graduated and you finish and you start getting the bills and it's horrible.

[00:13:05] You realize you're going to be paying two, three, four, $500 a month for 10 to 20 years. And that's the loss. So if students and their parents can get ahold of the financial picture early on, that would be very helpful. Understand what the costs of college are. The one that understand how much money is being borrowed to go to college and understand.

[00:13:30] How much the weekly payments are going to be when college is completed. And there are many sites on the web that can do that for you. And she'd say I borrowed $30,000 to go to college. My interest was 5%. I'm going to take 10 years to pay it off. And they will tell you how much your monthly payment is going to be.

[00:13:49] That's that can be scary. Yeah. 

[00:13:51] Eric: [00:13:51] Yeah. That definitely can be scary. You mentioned about how yeah. They go about it all nonchalant and worry about it. Yeah, we'll take care of this [00:14:00] later. That's the wrong mindset to call about it because that bill racks up and it racks up pretty high. And how soon do you have to pay back that bill?

[00:14:08] Alan: [00:14:08] Uh, shortly after you complete, when you, uh, when you're finished with the university, you start making your monthly payments and some students differ and they go to graduate school, and then it's much easier to get loans for graduate school and you can borrow a lot more money. So then you're going to even incur more debt.

[00:14:27] And you might have parents listening to the show, Eric, that might even be thinking maybe I want to go back to graduate school at some point. And I think that's a wonderful idea. And we work with graduate school students, graduate school will open many doors. However, just like with your son and daughter, you want to be mindful of the cost of going back to graduate school and you want to find a graduate school.

[00:14:50] That's um, Let's talk about 

[00:14:54] Eric: [00:14:54] how we are not factoring the interest math into this total bill, [00:15:00] because I don't think parents and students are really acknowledged the interest that is 

[00:15:05] Alan: [00:15:05] put onto this bill. Just like in any situation, when you borrow them, you have to pay back the principal. Plus the interest in the interest will accrue.

[00:15:13] Over time and it's going to be a higher bill. If you defer paying back your loan because your interest will keep accruing and that's the problem. But as I said, there are help sites on the internet where you can type in your student loan amount, you could type in your interests. And how many years are you going to pay it back?

[00:15:31] And it will tell you what your monthly payments will be as a very valuable 

[00:15:35] tool. 

[00:15:36] Eric: [00:15:36] Just say, you're in school and you failed a couple of classes. Now you're at that point where. You're meeting your threshold. What should you do? Okay. 

[00:15:45] Alan: [00:15:45] In terms of now you have added bill to tuition because you have to retake those classes.

[00:15:52] Yeah. What you can try and do is you could talk to your financial advisor at the school or someone from the registrar's [00:16:00] office at the school, you can find out how many credits you are allowed to take every term or semester. And it's possible that you may be able to take an extra class. And still remain under the tuition threshold.

[00:16:13] So it's possible you just take a heavier load to go, to continue your matriculation. Now I want to take that back just a little bit. Eric and the student failed a couple of classes and I think parents should know, and students should know that you really don't have to fail. It's possible to go through a class, not really learn a lot, have a lot of trouble with the class.

[00:16:37] But so pass, I've been a professor for many years, over 25 years, students are always welcome to talk to the professor as students and, and say what's going on and even make a deal with the professor. For some leniency, students can talk to their advisor and get some help on that too. So. Students can be [00:17:00] proactive here before they just go ahead and fail.

[00:17:03] The class. Students can go to office hours. It was teachers love office hours. When students come, it shows a lot. It shows that the student care, 

[00:17:10] Eric: [00:17:10] I think what it is that freedom gets in the way of them learning. Hey. I am on my own. This is what I should be doing, but yet, Hey, I'm free to do 

[00:17:22] Alan: [00:17:22] whatever I want.

[00:17:22] And what are your friends doing? It's probably not cool to go see your professor and go to your advisor. Just a very quick story. Eric. When I was an undergraduate in my freshman year, I was failing a class, a computer programming class. I fell in it. Miserably. I was beside myself and I called my father and I said, Dan, a felony, this class, I don't know what to do.

[00:17:41] He said, Alan, go talk to your advisor. And I said, Oh no, go talk to your advisor. And he literally made me go talk to my advisor. And I went in and said, we talked and I was very upset. I'm failing this class. And my advisor said, I'm glad you came to see me. Go talk to you. Go talk to the professor. Have you talked to him?

[00:17:59] I don't know. I [00:18:00] don't want to talk to the professor. That's, you know, Man on a mountaintop. No, he's a nice man. Go talk to him. And I went and talked to the professor and he said, listen, here's what I'll do. I'm glad you came to see me. I'll make a deal with you. You pass the final and I'll pass you for the class.

[00:18:14] So I went back, I studied furiously and I passed the final and I passed the class. And just that one. Incident really almost changed the whole trajectory of my career because now I did not fail a class in my freshman year. Now I learned to talk to the professor when you have a problem or a challenge and away I went, that was one of the biggest turning points for me in my college.

[00:18:38] And I can't stress that enough. Parents and students see a professor. See your advisor. 

[00:18:43] Eric: [00:18:43] Yeah, definitely. And I think what it is, I don't think the students might be afraid to come to the advisor and the K I'm messing up in a 

[00:18:52] Alan: [00:18:52] good school, Eric, with a good advising program. The advisor will seek out the student and that's something I [00:19:00] tell parents and students to look for is go visit the school and ask questions about advising.

[00:19:08] What is the advising program at that school? Now, all schools will tell you they've got a very good advising program, but realistically many of them don't. And if you find a school with a low retention rate and they probably don't. And what you want to look for is how does the advising work? Does the advisor seek out the students?

[00:19:26] Is it a separate advisor that's compensated separately or is it just a faculty member? That's given an extra task. As some schools have advisors living right in the freshmen dorms and they're there to help students. Connect with their advisor. They can connect with their faculty. They will have success in college.

[00:19:45] Mm sounds 

[00:19:46] Eric: [00:19:46] good. You've been Alan. You've been helping students for you and parents for years now. If a child wants to go to college, but is unsure or what they should major in, what should say, do. Cause [00:20:00] they know they want the experience, but they are just unsure. I can 

[00:20:03] Alan: [00:20:03] start with an undeclared major and then they could just take an with an undeclared major.

[00:20:09] It usually after one or two years, the school asks you to declare a major or they could just find something generic that you just. Business administration. They don't need to take marketing or finance. And I think it's also important to know that I stay with your major. Even if you start your major and you decide you really don't like it, stay with it.

[00:20:29] Don't suddenly change your major. Cause that's only going to add more years to your college bill as you stay with your major. And if you don't work in your career in the major you studied. That's fine too. I was a hotel major. I never worked in a hotel. My wife, who was a German major, she worked for the U S government for many years.

[00:20:50] I see. 

[00:20:51] Eric: [00:20:51] Yeah. Cause I believe that's, that's a major problem. I had that problem. I was unsure. I knew what I wanted to be involved in college, but. Still was 

[00:20:59] Alan: [00:20:59] unsure [00:21:00] about the major. Oh, just find something you like then too. If the student is creative, are there courses and majors or minors that can explore the creative side?

[00:21:10] Are they more analytical? Like math, like writing? So I think anything that the student's going to enjoy taking will be helped, but people shouldn't worry if. At the end of the day, the student doesn't like his or her major and they don't think they want to get a job in that field. That's okay. It's actually quite 

[00:21:33] Eric: [00:21:33] normal.

[00:21:34] I see. Can you explain in detail, the ACE advising from your website? 

[00:21:39] Alan: [00:21:39] Oh, what we do is we work with parents. And students, and we helped them every, every semester, every week, if they want, every other week, we keep in touch with them, see how they're doing while they're in college. Are they keeping up with their coursework?

[00:21:57] Are they doing okay? Do they have a [00:22:00] job or are things going well for them? It's just. Touch points with the students at various points of their college experience. I see. When 

[00:22:08] Eric: [00:22:08] did you realize that you had a passion for college 

[00:22:11] Alan: [00:22:11] prepping? I was, I've been in college education as a. Professional for 25 years as both a faculty member and an administrator.

[00:22:21] And it just breaks my heart to see so many students make poor decisions, even so many students make poor decisions while they're in school too, and do dopey things and end up just piling more debt onto them care. And I think so much of the college advising market out there is for families that.

[00:22:41] Probably have enough income to afford advisors. What we want to do is we just want to help just the everyday folks out there that just have questions about the college experience and just needs someone to help point them in the right direction. What 

[00:22:56] Eric: [00:22:56] are some of the problems you've seen that frustrated you the [00:23:00] most?

[00:23:00] Alan: [00:23:00] I think a lot of it is as a teacher, a students just do dopey things in the classroom and then they don't realize they can recover for it. They'll miss a lot of class. Or those will sit in the back of class. There are things you can do as a student to really help your case. You know, come to as many classes.

[00:23:20] As you can ask a question, don't come to class in your bathroom. You know, if they come all dressed up, but you really come looking decent, pretend you're taking notes. If you have a laptop on your desk, try and put something cerebral on the laptop, don't put it on Uber fares or ESPN. You can demonstrate that you're interested and that'll work wonders.

[00:23:46] If you have a textbook, bring it to class. And the teacher sees you carrying a textbook to class and they're like, Oh wow. That's that says a lot. 

[00:23:56] Eric: [00:23:56] That's funny. It students actually come in bathrooms. 

[00:24:02] [00:24:00] Alan: [00:24:02] Oh, sure. Yeah. Wait, I'm in Florida. I'm in, in the South, I've worked at universities down here in the South and the weather's often warm and sometimes clothing choices can be a little questionable, I would say, or a little on the casual side.

[00:24:20] But I think is as a professional parents, as you could have. And the class will 

[00:24:26] Eric: [00:24:26] certainly help. What are some of your favorite tips that you tell students or parents 

[00:24:32] Alan: [00:24:32] laugh at? The teacher's jokes find the right school. And as I said, really go on a college tour and be ready with some questions that you can ask.

[00:24:42] You want to ask about advising. You want to ask about mental health. It's a big issue on college campuses now, and it's not a stigma as it was generations ago, as students live stressful lives and they work. There's a lot of peer pressure in school. So there's anxiety, there's stress and [00:25:00] universities have put a lot of resources into expanding their mental health.

[00:25:04] Capabilities. And I think that's something that, um, parents need to find out. What are the mental health resources for their son and daughter? How many visits can they have? Where is the facility is a discreet. So that's an important thing for parents to understand too, before they send their son and daughter.

[00:25:25] Hmm. 

[00:25:26] Eric: [00:25:26] That's a good point. Very good point. So the mother. Is about to kiss their son or daughter goodbye to college. And just before they get on campus and, or go to their first class, they bump into you. Would you tell them 

[00:25:42] Alan: [00:25:42] if they bump into me, have a good time. College is a very emotional experience, but it can be a lot of fun, but I think one important word would be fine.

[00:25:54] A smart friend, you know, find a friend that can help you. Don't find a friend [00:26:00] that's going to make your situation any harder. You'll probably have some of those, but you also want to have a friend that will help you. I'll give you an example. Often in college, often, always there group projects that students have to do.

[00:26:13] And many times students are left. To form their own group depends on the teacher. And often you see the students work together that really aren't doing well in the class. And you're like, nah, no, you should try and find someone that is doing well in the class. Cause they will help you. And that's important.

[00:26:31] Eric: [00:26:31] Definitely good point, Alan. I want to thank you for coming on the show and I want to know how can parents get in touch with you and what future projects you have going on? 

[00:26:42] Alan: [00:26:42] Oh, they can visit us@affordablecollegeprep.com. That is our website, and they could find a email address for me there. Or they can write me directly at Alan, a L a N.

[00:26:56] At affordable college [00:27:00] prep.com. And if they just write podcast in the title, I'll know that they've listened to this podcast and need our help, or we encourage them to join our Facebook group. If they're on Facebook or the group is affordable college prep, and we're constantly updating that with resources.

[00:27:18] And information that could be helpful for students and parents. We put up a lot of scholarship information, cause we're always encouraging students to. Make it a little extra effort and apply for scholarships. That's 

[00:27:30] Eric: [00:27:30] definitely, that is definitely needed. 

[00:27:32] Alan: [00:27:32] One other thing I'd like to slip in here, if I can, Eric and next encourage Senator daughters to buy the textbook as a huge expense and people don't want to do it, but it's really important to have, and you don't have to buy the textbook.

[00:27:45] Don't go to the bookstore and buy it. That's very expensive. You can rent the textbook for pennies on the dollar. So for 20 or $30, now you could rent a textbook as opposed to spending. $200 to buy it. And that's a much better way to [00:28:00] spend your money. It's certainly a resourceful option. And as I said before, if you have the hard copy, I bring it to class that the professor know that you have it.

[00:28:08] That means 

[00:28:09] Eric: [00:28:09] rent a textbook. Didn't know that's no, we didn't have that when I was, yeah. There 

[00:28:13] Alan: [00:28:13] are many sites out there that do it. Check is one vital sources and other, it could be Google. Okay. All right, 

[00:28:19] Eric: [00:28:19] Allen, once again, I want to thank you for coming on the show and thank you for drawing my 

[00:28:24] Alan: [00:28:24] pleasure.

[00:28:24] Thanks for having me. No problem. 

[00:28:27] Eric: [00:28:27] And I've taken out of our conversation with Alan is that my child is going to have to start thinking about college as soon as they get into high school and they aren't going to definitely have to learn how to take college seriously. But I do know one thing is going to take work on the parent.

[00:28:43] And then work on for the child and then work as a team, both parent and child. So please as always, if this is your first time listening, tell other parents follow like, and just stay tuned to next episode. And until then [00:29:00] stay safe. 

[00:29:01] Introducer: [00:29:01] We really hope you enjoy this episode of financial freedom. The podcast stay connected with us directly through raising financial freedom.com.

[00:29:10] You can also join the discussion on social media, which you can also find links on our website. If you would like to speak with us, please send us an email through info@raisingfinancialfreedom.com. And as always thank you for pushing your mindset towards a better reality. This concludes the most thought provoking portion of your day.

[00:29:29] Don't forget to please like, and subscribe to stay fully up to date until next time. Be kind to yourself and each other. .