It’s easy to look at the insanely lucrative paydays that athletes get and respond with jealousy, frustration, or both.
But the truth is, once the checks start rolling in, friends and family put their hands out. That, combined with expensive spending habits, as well as a belief that your career will last forever, will make you broke faster than you realize. See how it happens below.
Many don’t understand they’ll need this money for the rest of their lives.
Jewelry the worst investment you can make.
That’s a lot of terrible business ideas.
Not the smartest priority.
Read more: http://twentytwowords.com/pro-athletes-reveal-in-their-own-words-how-they-went-from-rich-to-broke/