Financial literacy for college athletes navigating NIL, income, and real-world money decisions.
Everyone talks about financial literacy. But what does it actually mean to have a financial foundation? The foundation starts with questions like: What is money and how does it affect your feelings? What is the true difference between a need and a want? Why do I care if an expense is predictable/unpredictable or fixed/variable? How…
Who likes a budget? (Accountants don’t count.) Seriously though, budgets are rigid and restrictive and can make you feel like a failure before you’ve even gotten through a month. Coming into a large sum of money is overwhelming. Knowing who to trust feels impossible. But the greatest challenge? The complete lack of spending awareness. If…
I’ve watched CEOs lose companies, athletes lose millions, entrepreneurs discover they were robbed blind – all by people they trusted. And now we’re doing it again with our NIL athletes. We’re now asking athletes to make long-term financial decisions about large sums of money. A logical step is for an athlete and their family to…
For five years, I sat across from people who’d lost everything – and learned exactly why it happened. For five years I taught “Finance w/ Hillary,” a weekly financial literacy class in a local Cincinnati men’s homeless shelter. Men from every background imaginable: former athletes, CEOs, blue-collar professionals, individuals in recovery, men who couldn’t read…