Investing is one of the key ways that athletes can achieve the financial goals they have set in their financial and life plan. Through investing athletes can make their money work for them and take charge of their financial security by growing their wealth and by generating additional income streams to support their desired lifestyle.
December 1, 2019 Empowerment is the process of increasing the capacity of individuals or groups to make choices and to transform those choices into desired actions and outcomes. Empowerment is a process. Through the process, an individual becomes an agent of...
November 1, 2019 It is quite clear that nowadays many international borders are crossed in the pursuit of professional athletic careers. In the last 30 years we have witnessed a large movement of athletes crossing borders to play and live overseas. Professional...
October 1, 2019 Social media are communication and socializing tools that we use in our everyday lives. According to the latest statistics, the number of social media users worldwide in 2018 was 3.196billion, with an increase of 13 percent from the previous year....
September 1, 2019 The life of an elite athlete in individual sports can be a very lonely one; long practice hours, extensive travelling around the globe, not much time to spend with family or cultivate friendships, and the list goes on. An elite sports career...
August 1, 2019 Athletes may earn substantial amounts of income but within the limits of a short time span, usually 10 to 15 years. The average annual salary of an athlete can be anywhere from 50 to 100 times more than the average household income both in the...
July 1, 2019 All professional athletes strive for excellence in their field; this is considered the norm and it is expected of every professional athlete. However, only a handful of them acquire ‘elite’ status which of course translates to stardom and in...
1 June, 2019 Electronic Sports, commonly known as Esports, have been gaining a lot of ground during the past decade. Esports are computer gaming which has been organized at a professional level and it is competitive. There is a lot of controversy as to whether...
1 May, 2019 The Olympic Games are considered the world’s foremost sport competition with the participation of thousands of athletes from over 200 nations, competing in a variety of sports. Participating in the Olympic Games itself is considered a great honor and...
1 April, 2019 With April being financial literacy month, the Money Smart Athlete team celebrates financial literacy and shares views on the positive impact that financial literacy has on athletes. Being financially literate is useful to every one of us, no matter...
1 March, 2019 Sport is a universally shared human culture and as such it should be equally shared by men and women across the globe. Women’s history in sport is fairly new though, it just dates back to the 19th century. The first time that female athletes...
1 February, 2019 Student Athletes are the most valuable human capital of the sports industry. Regardless of whether they go into professional sports or pursue another career path after graduating from college, student athletes need to strike and maintain a balance...
1 January, 2019 Happy New Year to all! I extend my best wishes to all of our readers and may 2019 be an exciting year of bold decisions, exciting adventures and extraordinary growth! At the Money Smart Athlete Blog we are starting off the year powerfully by...
1 December, 2018 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...
1 November, 2018 Learning to live and save within your means and knowing how to manage money are some of the most important life skills you will ever master. Adopting good spending habits and sound saving strategies will guide you towards a balanced and complete...
1 October, 2018 Entrepreneurship is a post sports career option chosen by a number of retired athletes. Many athletes see entrepreneurship as an exciting challenge with lucrative wealth generating prospects; and it is, if you are someone who is a risk...
1 September, 2018 The passion athletes have for their sport is unparalleled and hard to be replaced. Unfortunately, retirement from sport at a fairly young age is a reality in the lives of most athletes. And, if retirement is voluntary, it means that the athlete is...
1 August, 2018 Personal financial planning is affected by several macroeconomic factors. Therefore when you plan your financial lives, you should take into account conditions in the wider economy and in the markets that make up the economy. As a Money Smart...
1 July, 2018 Athletes are facing different types of risks due to the special nature of their circumstances. It is an absolute necessity for athletes to insure themselves and their assets and thus hedge against these different types of risks. It is important for...
