Do you have an investment strategy? Making money without an investment strategy is like an offense in the NFL going to the line of scrimmage without a snap count. In every game, there are going to be seventy plays all started by the sound of ‘Hike!’ A...
The decision to rent or own is something that many of my NFL teammates and I have made at various times in our careers. But I believe that ownership can be one of the most empowering actions that we take as individuals. Ownership builds communities. When...
Imagine someone told you they would give you an immediate 200% return on an investment you make — and you said, “Nah, I’m good.” Yet, that is what hundreds of NFL players do every year when they do not opt in to the NFL’s 401(k) program. Are...
Money is exciting. It makes us emotional. If I were to tell you right now that you just won a million dollars, you would experience a range of emotions. It would be the same if you lost a job or a sale. Money places us in...
What money lessons are your kids learning about from you? It may not be what you want. One of my worst days, a tough one for me as a father, came a couple of months ago. I will often ask my kids what they want to do...
Financial literacy means you understand saving, spending, debt and YOUR FINANCIAL GOALS. When you do this, you create financial independence which means your lifestyle is secure regardless of your immediate employment situation. Financial literacy = financial safety Feel behind in those areas? Don’t worry, we all are. We are...
Tax Day tax day is one of the biggest reasons why NFL players go broke. Yet, Tax Day is not a surprise. It does not magically appear every year. It is the same date every single year for everyone. The problem I see with players...
Friends always ask, “Why are athletes so bad at money?” The truth is, people are bad at money. Athletes just have more of it to be bad with. I have so many stories of people, friends and family members, who were throwing money away and didn’t...
There is nothing people talk about more and do less than budgeting. Nobody wants to hear about it, and I get that. Yet budgeting empowers the purchases you do make and brings satisfaction for the purchases you avoid. Budgeting gives you a whole new perspective on life...
As an athlete, I have focused on building almost every muscle in my body — but I had to teach myself to build my money-saving muscle. And out of all the workouts I have done, my money-saving muscle has benefited me the most. It opens doors....