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16% of retired NFL players go bankrupt, a report says
Fortune ^
| 04/15/2015
| Daniel Roberts
Posted on 04/16/2015 5:20:28 AM PDT by SeekAndFind
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To: SeekAndFind
2
posted on
04/16/2015 5:21:02 AM PDT
by
DIRTYSECRET
(urope. Why do they put up with this.)
To: SeekAndFind
Surprised the number is so low.
3
posted on
04/16/2015 5:22:32 AM PDT
by
Cowboy Bob
(Isn't it funny that Socialists never want to share their own money?)
To: DIRTYSECRET
ATleastt they’re better off than Arron Hernandez.
4
posted on
04/16/2015 5:22:42 AM PDT
by
DIRTYSECRET
(urope. Why do they put up with this.)
To: DIRTYSECRET
I do... I think there are lessons to be learns from others mistakes and the consequences they suffer.
Every child in America should be required to take a class on managing money, saving, compounding interest, living below your means, ect.
5
posted on
04/16/2015 5:24:20 AM PDT
by
TexasFreeper2009
(You can't spell Hillary without using the letters L, I, A, & R)
To: SeekAndFind
We must help them transition back to the good life. Those poor unfortunate souls.
6
posted on
04/16/2015 5:24:42 AM PDT
by
petercooper
("How To Destroy The Country In 6 Short Years" by Barack Obama & the Democrats)
To: SeekAndFind
One bets that they all bought a Ferrari or Lamborghini with their first paycheck...
To: SeekAndFind
I would guess that the NFL has a “save your money” lecture as part of their “Welcome to the NFL” orientation. Unfortunately, few young men are likely to listen.
8
posted on
04/16/2015 5:28:59 AM PDT
by
PapaBear3625
(You don't notice it's a police state until the police come for you.)
To: SeekAndFind
But how do they feel about The War on Gay Marriages?
9
posted on
04/16/2015 5:30:02 AM PDT
by
demshateGod
(The fool hath said in his heart, There is no God.)
To: TexasFreeper2009
These guys DO go through a course from the NFL on managing money, etc. The NFL is actually pretty concerned about it, as it should be.
10
posted on
04/16/2015 5:30:25 AM PDT
by
LS
('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
To: TexasFreeper2009
Based on the trajectory of public education, you wouldn’t like what was taught.
11
posted on
04/16/2015 5:31:05 AM PDT
by
demshateGod
(The fool hath said in his heart, There is no God.)
To: TexasFreeper2009
Agreed. Add to that how to balance a checkbook, make and keep a budget, etc.
12
posted on
04/16/2015 5:31:24 AM PDT
by
ops33
(Senior Master Sergeant, USAF (Retired))
To: SeekAndFind
Probably look like Jim Rogers compared to pro boxers.
13
posted on
04/16/2015 5:32:15 AM PDT
by
CrazyIvan
(I lost my phased plasma rifle in a tragic hovercraft accident.)
To: Cowboy Bob
It means at least 84% aren’t finished idiots!
To: SeekAndFind
% compared to Lottery winners?
“Nouveau riche” syndrome?
To: JohnLongIsland
When you get paid 400,000/month, you should buy what ever car you want. However, you should also put a little bit back.
16
posted on
04/16/2015 5:33:39 AM PDT
by
demshateGod
(The fool hath said in his heart, There is no God.)
To: ops33
Because of their very unique earnings profile, these guys should be encouraged to pay for everything with cash and carry no debt. Since unlike most people they will earns tons and then next to nothing with little or no warning.
17
posted on
04/16/2015 5:37:23 AM PDT
by
TexasFreeper2009
(You can't spell Hillary without using the letters L, I, A, & R)
To: SeekAndFind
Cars, bling, and teeth ain’t cheap.
18
posted on
04/16/2015 5:39:11 AM PDT
by
YourAdHere
(I just took a big Obama.)
To: SeekAndFind
I think I read a statistic somewhere that estimated 1 in 6 Americans goes bankrupt at least once in their life.
That’s right at 16%.
19
posted on
04/16/2015 5:40:13 AM PDT
by
WayneS
(Barack Obama makes Neville Chamberlin look like George Patton.)
To: SeekAndFind
Having made much,*much* less than a half million dollars a year each and every year of my working life I've had a comfortable life,have accumulated a nest egg that's likely to allow me to live out my final days in reasonable comfort and have never come close to bankruptcy court.But when I say "comfort" or "comfortable" that never *has* meant,and never *will* mean mountains of cocaine (or any cocaine,actually),private jets,$500K cars or $20K gold chains.
Or a "posse".
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