That’s Advice my husband will probably give based on his own experiences for any young rookie — & MANY others who lived it as well.
Take the advice lol
Use the NFLPA to find credible financial advisors. Interview a few and ask honest, hard questions before you make a decision. Don’t use your uncle’s friend because he claims he can get you 50k on your tax return. (4/5)
You can raise the standard of living for your family (top education for your kids, healthcare, low crime neighborhoods) but you must be PATIENT. Come up with a modest monthly budget, learn + see the power of compound interest as you invest, understand tax implications. (3/5)
Do not live a lavish lifestyle. Although your mom may deserve it, she does not need a $100,000 car. She does not need a $1,000,000 house. It is not the time yet. If you protect your money early, you can live a comfortable life forever and provide for your family. (2/5)
My advice to 2020 rookies:
DO NOT SPEND YOUR MONEY. That number you see on your contract is fake. You will pay roughly 40% to 50% in taxes, agent fees, union dues, 401k account + necessary insurance. Also, a large portion of your contract is NOT GUARANTEED. (1/5)
Dear friends, family, and fans. When you reach out to players for favors please be aware that you’re 1 of hundreds of people asking so when we don’t reach back or tell you no take it as such. We do all we can but never forget we have to prioritize ourselves first. Thanks ❤️
@autiemichelle def. We changed our loan last week for our closing next week lol before it went back up a little bit- keeps fluctuating but def good advice 🤞🏼
@Albreanna89 @Jake_Blackson I just told Cody today well at least we living out of our hotel right now cause we don’t have to worry about that 😩 what a mess
I literally can’t find a roll of toilet paper in LA to save my life. I went to 4 stores. I’m on my last roll & they sold out on amazon. They only got $40 rolls & I refuse to pay $47 to ship toilet paper to my house 😩😂