All posts are my personal opinion
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What You Have in Common With Bankrupt Pro Athletes
The typical fan doesn’t have much empathy for a highly paid athlete who goes broke. But it is tragic all the same, and it happens often enough for a cottage industry to have blossomed around those at the center of what is often a rags-to-riches-to-rags saga. Even if you don’t have millions to lose, there are lessons for everyone in these sad tales. When wealthy athletes go broke, it’s often a story of reckless spending, divorce, debt, and paying too little attention. That’s a lot like the root financial problems of ordinary folks too—only the numbers aren’t as big. Sports Illustrated reported that an ... (full story)
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