Halfway through 2022, it has become impossible to scroll through social media and news pages and not encounter the terms “recession”, “inflation”, “bear market” and other similar takes, expressing negative sentiment on the state of the world economy. It’s no secret that while the world economy is still strong, the signs of a looming recession become more prevalent by the day with big names such as JP Morgan’s Jamie Dimon talking about an “economic hurricane on the horizon”.
Through our Sports Kids courses we teach children to appreciate money as a source of livelihood and help them develop their personality.
Academy Level Athletes
Our academy level courses strengthen the whole person, not just the athlete, by training teenage athletes in essential life skills.
This program is all about teaching useful life skills which give student athletes an edge in real life.
Our comprehensive program includes courses on financial goal setting, building and maintaining a financial freedom plan, creating an after sports career, and many more.
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Our program for athletes in individual sports addresses the unique financial and emotional challenges faced during the pursuit of a solo sports career.
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Money Smart Athlete Blog
As discussed in last week’s article, athletes strive for financial freedom – which is all about having the resources to afford their desired lifestyle. In many cases, this financial freedom is attained through investing – as investing can eventually make your money work for you. Investment can be defined as committing capital or funds to different types of assets with the expectation that you will generate a gain or profit in the future. However, there are several factors that can negatively impact athletes’ investment; one such factor is inflation. Inflation is the rate of increase in prices over a period of time which means it can affect the value of future returns, deeming it a critical factor when making investment decisions.
The great desire to achieve financial freedom- which can be interpreted as having the financial resources to afford the lifestyle you wish- can be met by making your money work for you. Investing is one of the key ways to achieve this desire since it allows you to grow your wealth by generating additional income streams to support your lifestyle.