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Money Smart Athlete Blog

Athlete Career and Life Plan

Athlete Career and Life Plan, Special Themes

Are real estate investments a good idea for athletes?

The process of setting up a financial plan, requires athletes to decide, ideally with the help of a trusted financial advisor, how their hard-earned money can be invested to generate even more money. While saving money can protect athletes’ wealth and should be the first priority in any financial plan, investing allows them to beat inflation and exponentially grow their money.

Athlete Career and Life Plan, Special Themes

Athletes – The time to plan your future is now

A famous Chinese proverb reads “the best time to plant a tree was 20 years ago; the second-best time is now”. Time is you ally in achieving any goal, so the earlier you start planning, the better. This is especially true for athletes, who, as previously discussed, have short term sports careers and must have a post-retirement plan in place in order to transition as smoothly as possible into their new lives.

Athlete Career and Life Plan

Philanthropy in Sport

Sports have become one of the most popular global activities, attracting the attention of millions of people. This growth is producing more and more powerful social icons that have considerable influence in society. Athletes serve as role models for the youth that...

Athlete Career and Life Plan

Getting ready for life after sport

Retirement is one of the few certainties an athlete will face in his athletic career and most of the athletes will need to get a 9 to 5 job to be able to cope financially after their career ends.  Unfortunately, research shows that athletes are often unwilling to...