Professional Athletes – Module 04 – Personal Financial Planning and Money Management

Personal financial planning is a lifelong process and athletes are guided through the specifics of it in this lesson.  Athletes, just like everybody else, will be making financial decisions all their life; sometimes they will foresee situations and plan deliberately, sometimes, well, things just happen, and they will be forced to make instant decisions.

Creating their financial game plan means making deliberate decisions now, that will allow them to get closer to their goals while reflecting the realities of being an athlete.

Topic: Financial & Life Skills Program
Module: 4

Professional Athletes

LESSON PROGRAM & COMPONENTS

  1. SESSION 1: Your financial plan should be powered by your values
  2. SESSION 2: Define your mission and create your legacy
  3. SESSION 3: Prioritize your spending and differentiating between needs and wants
  4. SESSION 4: Earning money and living within your means
  5. SESSION 5: Building multiple revenue channels
  6. SESSION 6: Saving and growing your money
  7. SESSION 7: Creating a simple budget
  8. SESSION 8: The financial planning process – part 1
  9. SESSION 9: The financial planning process – part 2
  10. SESSION 10: Large asset purchases 
  11. SESSION 11: Athlete salaries and conditions affecting them 
  12. SESSION 12: Managing your money
  13. SESSION 13: Money management strategies
  14. SESSION 14: Sustain financial success in your post-performance years

LESSON DETAILS

Your financial plan should be powered by your values

Define your mission and create your legacy

Prioritize your spending and differentiating between needs and wants

 

Earning money and living within your means

 

Building multiple revenue channels

 

Saving and growing your money

 

Creating a simple budget

 

The financial planning process – part 1

 

The financial planning process – part 2

 

Large asset purchases

 

Athlete salaries and conditions affecting them

 

Managing your money

 

Money management strategies

 

Sustain financial success in your post-performance years

The Sports Financial Literacy Academy
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