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In this episode of McNamara On Money, host Mike McNamara is joined by Bob Melo from a local technical high school to explore an increasingly relevant question: Do all paths to success require a college degree?

Together, they dive into the growing opportunities in skilled trades—plumbing, electrical work, carpentry, and more—and discuss why these professions are not just essential but also financially rewarding. The conversation highlights how parents can help their children move toward financial independence, the realities of today’s cost of living, and the rising demand for hands-on expertise.

Listeners will learn about vocational education options, cooperative work programs for high school students, and how early trade training can open doors to meaningful, well-paid careers. Whether you’re a parent, educator, or student weighing your options, this episode offers practical insights into building a stable future—no college debt required.

Michael J. McNamara, Ph.D., CFP®, is the founder of McNamara Financial. A seasoned financial planner with over 40 years of experience, Mike is now semi-retired and works exclusively with long-time clients and a select few new ones.

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McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care.

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