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Money Smart Athlete Blog

Building and Maintaining a Financial Plan

Building and Maintaining a Financial Plan, Financial Literacy

Athletes: How should your income affect your investment choices

Last week we explored the concept of Risk Appetite and its three basic descriptive categories: risk-averse, risk-seeking and risk neutral. Understanding your Risk Appetite or Risk Tolerance is one of the major factors that you have to take into account when creating your investment plan. The second important factor relates to your income; these two concepts are closely intertwined.

Building and Maintaining a Financial Plan

Good Debt vs Bad Debt

Most athletes, early in their career, start dreaming of their shining moments; moments where thousands of people will be cheering their name in a packed stadium; moments when money will not be their main goal, but rather a means of solidifying their success! As an...