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America is failing its youngest investors, warns personal finance guru Ric Edelman

Ric Edelman is warning young people to avoid several traps regarding their financial future.
Ric Edelman, a prominent personal finance expert, has expressed concerns that America is not adequately preparing its youngest investors for financial success. In an interview with CNBC, Edelman highlighted that young people are not being taught essential financial literacy skills, such as investing and managing money effectively. He pointed out that the current educational system and societal norms do not prioritize financial education, leaving many young adults ill-equipped to handle their finances as they enter adulthood. Edelman emphasized the importance of starting to invest early, as it allows young people to benefit from compound interest over time. He advocates for better financial education programs in schools and more resources available to young investors to help them build a secure financial future.

Read the Full NBC 7 San Diego Article at:
[ https://www.nbcsandiego.com/news/business/money-report/america-is-failing-its-youngest-investors-warns-personal-finance-guru-ric-edelman/3822992/ ]