Why athletes go broke: Too much spending, little liquidity – USATODAY.com
Its sad but true to see these competitive athletes work tirelessly at their craft only to be foolish and watch it all wither away.
The reality that these athletes face is sad, but inevitable. What they should have done is live within a budget and enjoy their retirement for what it really means, to retire and enjoy the fruits of your labor.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
