Money Smart Athlete Blog
Collegiate Athletes Program
CSTA – Module 01 – The Necessary Financial & Life Skills for a Successful Career and Life Plan & Collegiate Athlete Issues
1. The skills athletes need to create a successful life 2. Overview of the financial & life skills program and how it helps collegiate athletes 3. Common challenges of athletes and how to handle them 4. The financial vulnerability of athletes 5. The...
CSTA – Module 02 – Financial Psychology
1. Understanding your financial beliefs and behavior 2. Dealing with the sudden wealth phenomenon, family and societal pressures 3. The importance of developing strong financial skills 4. Financial goal setting 5. Your money personality 6. Financial setbacks and...
CSTA- Module 03 – Creating Your Winning Team of Advisors
31. Selecting your advisory board 2. The right mentor will help you unleash your potential 3. Attorneys and business managers are necessary to the success of professional athletes 4. Choosing a sports agent 5. Protect yourself from...
CSTA – Module 04- Personal Financial Planning and Money Management
Your financial plan should be powered by your personal values Create your legacy Prioritize your spending by differentiating between needs and wants Earning money and living within your means Saving and growing your money Creating a simple budget The financial...
CSTA – Module 05 – Banking, Credit and Debt
How banks work Bank accounts, debit & credit cards Credit, loans, risk & collateral Dealing with debt The distinction between good debt and bad debt What happens if you default on a loan...
CSTA – Module 06-Risk Management & Insurance
The definition of risk and hedging against it Basic insurance categories Insurance for sports professionals 4. Reputational risk & NIL protection from unauthorized use 5. Protect your assets 6. Set up your financial relationship with your better half 7....
CSTA – Module 07- Investments & Creating Long-term Wealth
1. Why people invest & basic investment concepts 2. Preparing to invest 3. Be careful of investment fraud 4. The relationship of risk and return on investment 5. Different types of investments 6. The stock market 7. The...
CSTA – Module 08 – The Economic Environment, Contracts and Taxes
1. How economic conditions affect your financial planning 2. Contractual issues arising from suspension of play due to unforeseen circumstances 3. Sports contracts 4. Taxes and how they work 5. Tax aspects of competing in solo-sports vs team-sports 6. Taxation of...
CSTA – Module 09- Building the Athlete’s Brand Name, Image and Likeness
1. The athlete’s NIL & NCAA regulations 2. The athlete’s brand and its components 3. Analyze your athletic brand and evaluate its strength 4. Build your athletic brand and NIL 5. Create your personal marketing plan 6. Social media strategies for promoting your...
CSTA – Module 10- Career Development, Entrepreneurship and Business Fundamentals
1. Retiring from sport at a young age 2. Find a business mentor and work on your network 3. Post-sports career: Entrepreneurship or employment 4. The pros and cons of entrepreneurship 5. Business fundamentals for athlete-entrepreneurs 6. Build your...
