Money and the NFL

Pining for football during the extended no-football drought? Here are a couple links to topics related to both the NFL (to address your craving for NFL news) and money (because this is a personal finance blog...):

• An inside view of what it's like to make a bad decision while you're wealthy, famous, and young: https://www.theplayerstribune.com/plaxico-burress-advice-for-nfl-draft-class/
   

Links for June 2017

Links for June 2017

-We need basic financial literacy in every high school. And we needed it 30 years ago! http://themoderatevoice.com/217566/

• Here's one article to help: http://www.debtdiscipline.com/financial-literacy-millennials/
• On the topic of education, an interesting hypothesis as to why mediocre students, not valedictorians, change the world: https://www.entrepreneur.com/article/295095

http://maverickphilosopher.typepad.com/maverick_philosopher/2012/10/friday-cat-blogging-the-debt-ceiling-cat.html

When Your 'Friends' Spend Your Money...

As excited as I am about the imminent return of NFL football, I'm heartbroken to see family and friends taking advantage of players: http://ftw.usatoday.com/2016/08/trent-richardson-money

Photo credit Matt Detrich of the Indianapolis Star, from http://www.indystar.com/story/sports/nfl/colts/2016/06/08/trent-richardson-has-designs-yellow-jacket/85626540/

This ties into the fact that there's an alarming lack of financial literacy in this country! If you don't watch your business and make a plan for what to do with your cash, you'll look up one day and wonder where it all went! However, as the #3 overall pick in the 2012 NFL draft, he signed a rookie contract for over $20 million guaranteed, plus a $13.3 million signing bonus. So the lost $1.6 million shouldn't destroy his finances, as long as he didn't blow through the other $13 million that should be left after taxes.

A reminder that if you want to avoid being broke, you have to keep up the right mindset--whether you're an NFL player or a grad student!

This article was originally published at 

http://weapone.blogspot.com/2016/08/that-feeling-when-your-friends-spend.html

Tight Ends and Tight Wallets (or, NFL football is back!)

Frugality isn't just for the poor!

The Key to Success

The Key to Success

If you're at all like me, you've often wondered what the secret is to success. Why do some people, who are so blessed with intelligence, physical talent, and/or social support, fail where others--who lack these advantages--succeed? I've never seen a satisfactory explanation for this.

Until recently.