I had to showcase this article for one reason: This man understands the value of money. I don't know his background, but it seems as though he doesn't let money define him, which is more than I can say for many people. Articles like this are a relief from constantly reading about fiscally irresponsible pro athletes. You folks know what I'm talking about: Athlete gets that $200 million contract and goes hogwild, buying a dozen mansions, luxury cars and hooking up everybody and their mama. They're riding high now until they get injured, and that's when the money train stops. What you value goes into how you live your life, and this athlete has the right idea; live on $60K a year and then invest the rest. His reason is he's thinking about life after football.
Unless he gets endorsements along the way (which I think he will), then that money is going to have to last him a lifetime after retirement, so it's good he's budgeting now. What separates him from most athletes is he understands the value of money. He still drives the same car he did in college, which is great because someone can have a reliable car, but want a new one after so many years of driving the same one. I figure if your car is reliable, keep it even if it does have over 250K miles. With proper maintenance, most vehicles can last up to 300K miles. I applaud this brother for being money conscious, and for having an understanding wife who co-signs his fiscal responsibility. Lord knows if a man is making big money, his woman wants to live lavish: Designer clothes, luxury cars, etc. If you can back up your expensive tastes with the matching finances, more power to you.
As long as he makes good financial decisions, I think he'll be wealthy long after he retires from football.
