DiscoverMoney Isn't#12: How Professional Athletes Go Broke... Don't Make These Mistakes!
#12: How Professional Athletes Go Broke... Don't Make These Mistakes!

#12: How Professional Athletes Go Broke... Don't Make These Mistakes!

Update: 2024-08-19
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Why do so many professional athletes, despite earning millions, end up broke? Uncover the shocking financial mistakes that lead to their downfall.

In this episode of "Money Isn't," we dive deep into the financial challenges that professional athletes face, from mismanaged contracts to poor spending habits that can lead to bankruptcy. Discover how these pitfalls occur and explore the diverse career paths within financial services that could make a difference. We'll discuss the critical role of financial literacy, the importance of building a trustworthy support network, and the necessity of long-term planning to secure a stable financial future. Whether you're an athlete or simply interested in finance, this episode offers valuable insights into wealth management and financial success.

Chapters:
00:00 - Intro
13:08 - Navigating Financial Stability and Lifestyle Choices
15:40 - Wealth Management and Financial Literacy
23:29 - Navigating Financial Success for Athletes

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#12: How Professional Athletes Go Broke... Don't Make These Mistakes!

#12: How Professional Athletes Go Broke... Don't Make These Mistakes!

John L. Smallwood