Tuesday, March 23, 2010
Response to "How athletes go broke"
Many people wonder what it's like to be rich and live in wealth. But is it always what it's made up to be? Many athletes have suffered significantly with bankrupt and loosing most or all their money. Some have even faced jail time due to lack of money. How does billions and billions of dollars just go away so quickly? The economy hasn't been so great lately and middle class isn't the only individuals that are getting effected; MLB players are too. It is said that a pro athlete's money is supposed to "outlive" their career, but yet most players never get that.  The NFL, NBA, and MLB is the main one's that make the big bucks, but unfortunately it's not always a happy ending like they would hope so. I guess athletes don't responsibly take the time to fully understand the concept of their money so they keep spending it and eventually it all runs out. They're into sports, not business and this creates a problem. Marriage and divorce are huge issues when dealing with money. This is one of the biggest things that make people go broke. Divorce is an expensive process and many athletes have dealt with this matter. No matter who you are or what type of family you come from it seems that everyone around will always have some kind of money problems. If you don't learn and protect your money then you can face serious problems that will ruin your life. Pro athletes make so much money, but in the end is it all really worth it?
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