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Category: Financial Goal Setting

Professional Athletes’ Financial Failure – where is it rooted?

Professional Athletes’ Financial Failure – where is it rooted?

Financial failure is not usually caused by a sudden event, but from a constant series of bad decisions. Our short research reveals a combination of factors that contribute to the financial failure of most athletes. Athletes usually earn substantial amounts of income within the limit of a short time span, usually 10 to 15 years. Most of the time the athletes’ salaries are not fully guaranteed and poor performance, injury, on and off field behavior can adversely affect their earning…

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