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Athlete Finance: An Athlete's Guide to Financial Planning, Managing Cash Flow, Avoiding Debt, Smart Investing, and Retirement Planning by Hadley Mannings (Paperback, 2020)

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However, it's quite easy to ensure that this doesn't happen to you. Managing your finances is simple once you understand its different aspects. In "Athlete Finance," you're going to learn what the deal is with money and how to manage it, in plain English.

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Why do 78% of NFL players experience financial difficulties after just two years of retirement? How do the top 22% get ahead and stay ahead? Imagine spending ten years learning, practicing, and improving your skills in your favorite sport. After countless interviews, failed applications, and long nights, you finally get an offer to your favorite college or team. You spend two years training and developing your art for the chance to represent your team. Maybe your career lasts one season, or maybe it will last ten years. And once you retire from your career, you enjoy your well-deserved money for a couple of years, and boom - you're bankrupt. All of that hard work for nothing. You might think that this scenario is uncommon, but in fact, it's quite the opposite. Many athletes earn large sums of money during their careers, but as everyone knows, they're just as likely to go bankrupt. For every Shaq, there's a Terrell Owens or Allen Iverson. Is managing your money that hard? Around 60% of NBA players become bankrupt after two years of leaving the league. However, it's quite easy to ensure that this doesn't happen to you. Managing your finances is simple once you understand its different aspects. In Athlete Finance, you're going to learn what the deal is with money and how to manage it, in plain English. If complicated words and calculations have always left you with a headache, then this is the book for you. Investing involves risk (something that's inevitable and can only be controlled not extinguished). Being financially uneducated is risky. - Robert T. Kiyosaki In Athlete Finance, Hadley Mannings will take you on a guided tour of personal finance's most important aspects. In this book, you will discover: - Why diamonds aren't forever... and what really is! - What an asset is and what a liability is. - How to use debt to create assets. - Financial advisors: thumbs up or thumbs down? - Why savings accounts just won't cut it. - A simple stock market investment plan that you can implement today. ... and so much more! There's no reason for you to be intimidated by your money. You've conquered challenges on the field, and this is no different. With the right attitude and education, you'll ensure you'll never have to worry about money ever again. Get ahead of your competition and buy this book now-your transformation starts here.