how nfl players spend their money

I was chatting with one of my buddies the other day, wholesale jerseys and we were talking about some of his friends who recently made it to the NFL. He said they’ve got so much money, and I asked him “How do they spend it?”. He gave me some insight that absolutely blew my mind.

When an NFL player signs a contract, there’s honestly a flood of cash that pours in. It can feel overwhelming for anybody to have that kind of financial security. As my buddy instructed, they put the majority of it in a conservative long-term investment portfolio. This sets them up for financial stability over the course of their lives.

Something that takes up a surprisingly large portion of a pro football player’s bank account is relying on family and friends. A lot of players feel a sense of duty to support the people and places that helped shape them. Parents, older siblings, cheap nfl jerseys the people in their hometowns, and charities are all in line to receive some of that new fortune.

My buddy shared with me a lot of the everyday expenses in an NFL player’s life. From covering insurance to post season travel, the whole shebang. It’s not like they take it easy with the small stuff either. Living in the moment on nice meals, trips, wholesale jerseys and own personal costs can add up quickly.

The biggest purchase the players make, and probably the most sensible, is real estate. Any property from homes, condos, apartments, or even land can become massive investments. Most football players make real estate investments through businesses they set up, and these investments come with insane returns. They get to enjoy seeing their money growing while living in luxury properties.

A lot of pro football players also use their newfound wealth to start their own businesses. One of the highest earning players from the NFL stands to make more money from his franchise of liquor wholesale jerseys stores than from his on-the-field earnings. Not to mention all the other endeavors from tech start-ups, to restaurants, to coaching. Starting a business is never easy, but with the financial security of the NFL, it’s less of a gamble.

Though money is a huge gain from playing pro football, players can also invest in more intangible opportunities. Investing in themselves through private chef services, personal trainers, massage therapy, performance coaches, or cheap nfl jerseys internships and mentorship outside of the sport. A lot of the time, the most sustainable investments are our own knowledge and understanding of our current situation. So investing in those areas isn’t just helpful, it’s necessary.

My buddy also said a lot of players like to splurge. Expensive cars, jewelry, and cheap jerseys from china clothing are all staples in the luxury purchases of footballers. Though these items are worth a lot of money, they don’t necessarily give the player much in return. It’s just pure enjoyment and ego boosting.

Some NFL players also prefer to combine splurging of luxury goods with something of value. Like unique investments and experiences. Like buying rare artworks, special cars, or taking one-of-a-kind vacations. They can both add something to their collections and have new, priceless memories.

The more I hear about how NFL players manage their money, the more impressed I am. It’s almost amazing to me how much thought players put into their investments. From the tangible items, to the intangible, to the truly unique, it’s almost like they’ve done their research and cheap nfl jerseys from china have a plan.

Retirement is always important and NFL players have it covered. Some will contribute to an NFL-funded pension and some save their own money for retirement as well. And of course, cheap nfl jerseys from china there are investments portfolios for these concerns too. No matter the length of a player’s career, they can always feel safe knowing that their retirement is secure.

A lot of NFL players are philanthropists. Whether it be donations to hospitals, charities, cheap jerseys or organizations in their hometowns, they’re in the business of giving back. One of my buddy’s colleagues was actually approached by a hospital to launch a dedicated foundation for cheap nfl jerseys children with disabilities. A huge gesture and one other NFL players have done in the past.

Money management and investments aren’t the only things these players are good at. A lot of NFLers also use their hard-earned money to join clubs and gather inside information on stocks. It’s almost like insider training. Through these clubs, players can build relationships and increase their portfolio at the same time.

Even though I’m not a pro football player, there’s something to be said about learning from the success of others. Being financially responsible is important no matter the income and NFL players are a great example of how to make a fortune and use it in a responsible way. Hearing stories like this just reaffirms that there are smart ways to use money that can benefit everybody.