Saturday, March 21, 2009

This week's Sports Illustrated: Great stuff about "real" people

Why do athletes go broke? Here's an excellent article about that subject. The short answer is because most of them come from nothing and have no idea how to spend or save their wealth. Here's some pictures of tricked out jocks cars. What a joke: according to the SI story, most of the guys who spent hundreds of thousands of dollars on these "investments" (yeah, a car as an investment. great idea!) will be broke before they are into their 40s.

Do your kid a favor and give them an allowance and teach them how to use a checkbook as soon as they can handle a bit of responsibility. Because you never know... they may grow up to be a professional athlete.

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