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Post by yankeefriar on Apr 12, 2024 8:27:50 GMT -5
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Post by dmac80 on Apr 12, 2024 9:05:48 GMT -5
It would be great for high schools and colleges to teach financial literacy to all students as I'd argue a large portion of those coming of age are ill prepared for financial management. And the soaring housing and rent prices make things a bit dicey going fwd. I actually wonder if some of these young cats will ever own RE. To your point here, this is very important for these lucky athletes about to enjoy a windfall.... As a youngin the last thing I wanted to hear about was the "I word" (investment) after some money came my way. I wanted that shiny new toy. Be it something small or big (car etc) and investing was "boring" and bery mysterious.....too bad as I'd probably be able to retire nice and early from the cubicle hellscape had I invested as a kid! How many of these guys will go buy that luxury vehicle with rims and blow their NIL? Or be fleeced by their handlers who siphon the money their way? |
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