• How to Not Go Broke | NFL Players’ Podcast #30

  • Sep 23 2024
  • Length: 12 mins
  • Podcast

How to Not Go Broke | NFL Players’ Podcast #30

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  • Summary

  • Key Highlights
    • The perception vs. reality of athletes going broke.
    • Jeff Locke discusses the inaccuracies in data used in ESPN’s “Broke.”
    • Sam Acho shares his initial shock at learning about athlete financial distress.
    • Zach Miller sheds light on the dramatic income drop post-NFL and its consequences.
    • Discussion on “sudden wealth” and its psychological and social impacts.
    • Practical advice for athletes to manage and sustain wealth responsibly.
    Quotes
    • "We don’t save people. We serve people." – Riccardo Stewart
    • "The year you are done, you drop into the lowest tax bracket unless you’ve been saving right." – Zach Miller
    • "Sudden wealth can set you up for generations if planned for, but can also bring guilt and isolation." – Jeff Locke
    References
    • ESPN’s “30 for 30: Broke”
    • NFL Players Association
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