- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 78 percent of NFL players are bankrupt...within two years
Posted on 11/7/13 at 2:25 pm to genro
Posted on 11/7/13 at 2:25 pm to genro
quote:
Many NFL players come from poverty.
When you come from poverty, you can't fathom a million dollars. It literally seems infinite to you.
That's why a lot of lotto winners go bankrupt too.
when people come from nothing and are never taught how to manage money they end up blowing it all b/c they don't know any better.
IMO the average pro athlete going broke so quickly is a condemnation of the colleges who clearly did little to prepare them for the real world.
This is actually a bigger issue I have with colleges and universities in general though. As far as I'm concerned every single school should have financial management classes as a requirement to graduate. In fact, I think it should also be taught in high schools starting freshman year.
quote:
ZereauxSum
Yup. At the rookie symposium I believe.
and that isnt near enough education for people to change years of never knowing anything about keeping your finances in order.
This post was edited on 11/7/13 at 2:28 pm
Posted on 11/7/13 at 4:27 pm to Dr RC
quote:
when people come from nothing and are never taught how to manage money they end up blowing it all b/c they don't know any better.
Previous generations, it was just the opposite. Not having taught them the value of having so many were frugal their whole lives.
You give people who aren't very bright a lot of money, people who are a bit smarter than they will find a way to end up with it.
Popular
Back to top
Follow TigerDroppings for LSU Football News