Money Smart Athlete Blog

April 2021 Editorial: Building Strong Financial Foundations

Apr 1, 2021 | Editorials

This month we celebrate financial literacy and the positive impact it has on athletes.  We discuss how building strong financial foundations can positively affect the lives of athletes and we stress the importance of building such a foundation.

The financial vulnerability of athletes is a real problem.  The mission of this blog, and my personal mission, is to guide, support and protect athletes so that they create the necessary financial foundations which will allow them to realize their full potential and thrive financially.  With the limited time span of most athletic careers, it is imperative for athletes to build a strong financial foundation and utilize their earnings from sport as best as possible so as to build long term wealth and become financially independent for life.

This month, we are helping Money Smart Athletes lay the foundations for their financial freedom plan; we help them create an organized strategy for maintaining financial health and accomplishing financial goals.  Developing a solid financial freedom plan will not only allow athletes to control their financial situation; it will enhance their quality of life and reduce any uncertainty they may feel about their future.

Athena P. Constantinou

E-mail: [email protected]