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Don't most millionaires go broke pretty quick.
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They need to talk to big John Alt. Since he retired from the CHIEFS he's got a gig as an investment advisor up in Minnesota, specializing in helping NFL players/coaches keep their money. I remember hearing other players 'make fun' of John on air because he was always about saving money, not flashing it all away. It's not how much you make, kids. It's how much you keep. I don't know if this contact info is up to date, but it should point 'em in the right direction:
http://www.ilssports.com/OurTeam/johnbio.html |
A lot of people just flat out don't know how to manage money. Most Lottery winners go broke as well. They think they have this endless supply of money.
Learn the difference between an Asset and a Liability, buy more assets and less liabilities and you should be able to keep your money. |
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