Sunday, February 16, 2014
''Once the Cheering Stops the Life of a Retired Pro-Athlete'
When athletes retire from sports they are usually done living that high class lifestyle that they were use to. Most retired ones are so far into depth, not paying taxes and also they end up filing for bankrupt. They face a huge amount of challenges by not receiving that large lump some of money they were getting before. These athlete aren't able to manage there money and end up spending money on clothes, cars, big vacationing that they really don'y have to go on. These are examples of how player just don't have a clue about maintaining their money instead they just blow it. Athletes to me get all this money and just buy thing that they aren't use to and also blow money just to compete with others living that high price lifestyle. I believe if athletes take the time out and learn how to manage their money right and invest in the right things they wouldn't be so broke after they retire. I'm practicing now on saving money and realizing all the materialist things thats out here to buy is not important. In life you have to live and maintain and always be able to provide for your family.
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