Money Smart Athlete Blog


Parenting, Social Issues and Philanthropy

Sport parenting: The importance of laying the right foundations and raising socially responsible adults

While many believe that the concept of social responsibility in sports is a recent phenomenon, it dates back hundreds of years to the Byzantine empire where chariot riders requested from emperor Justinian to pardon their followers, leading to weeks of rioting and bloodshed. Fortunately, the outcome of today’s social responsibility is not as vicious, but in principle, is the same as what it used to be when it first appeared. In short, athlete social responsibility is the ideology that athletes as role models and influencers, have a duty to society to take a stand and have a positive effect on their communities and society as a whole.


Peer Pressure and How to Help Your Child Navigate It

Peer pressure is a social phenomenon commonly linked to adolescence; where pressure or influence is exerted on an individual to follow their peers’ or social group’s behaviors, in an either positive or negative way. Peer pressure can be experienced by an individual as early as the age of 10, increasing dramatically during teenage years.


Sport Parents: Teaching gratitude to your kids

Gratitude is the state of being thankful, the readiness to show and express appreciation as well as return kindness. Everyone should be grateful for what they have, of who they are, of how they look, and for their life in general.  That is, of course, not to imply that we should not try to improve ourselves, our personality and our material possessions.  We should learn how to be thankful for where we are and who we are right now because that is the result of all our previous good and bad decisions.

Financial Literacy, Parenting

Athletes and the importance of early financial education

A crucial part of professional athletes’ lives, is their ability to take optimal financial decisions at different stages of their career, in order to build their wealth and sustain their lifestyle after the end of their playing days. Money management is of course important for any average Joe but critical for a professional athlete and the special nature of the athletic profession.

Parenting, Youth Empowerment

The values and traits developed through sports

In an era of mass commercialization, where the desire for profit and power become the main drivers of one’s actions, we seek to understand what keeps athletes from going astray, what keeps them focused in their goals and prevents them from losing sight of their game. From a very young age, athletes develop moral values, as well as character traits, that guide them through life, through the tough as well as the good times. In this article, we seek to explore what these values and traits are and why athletes develop and stick to them. Specifically, we will begin by trying to understand what values and traits are, how one develops them and how sports through their nature, grow some specific values and traits in every athlete.


Sports Parents: Your child’s sports future and drawing the line between dreams and reality

The younger you are the more hopeful you are and the more hopeful you are the wilder dreams you have. When kids are young their imagination runs wild and they all want to become famous and great. They want to become football players, basketball players, astronauts, race car drivers and so on. Dreams are good and a fundamental aspect of being a child, however, as your kids get older you have to slowly pull them to reality, without of course crushing their hopes and dreams.

Parenting, Youth Empowerment

Sport Parenting: Help your child balance education and sports

We have previously discussed the importance of parents helping young athletes excel both academically and in the sports field; a sporting parent can offer emotional support, practical time management tips and encouragement for their child to realize their potential in a healthy manner. It may sometimes be difficult for a young athlete to combine their education with a sport and, at times, it may feel like the two areas are competing priorities. However, with the right attitude, they can enhance each other; helping your child learn to balance school and sports is a lesson that will serve them well through adulthood.