The NFL & IOU: 10 Debt Lessons You Can Learn From Football Players

Money will get you out of debt, but it won’t keep you out of debt.

The National Bureau of Economic Research study shows that nearly 16 percent of retired football players go bankrupt within 12 years of ending their gridiron careers.

Typically, about 6 in 10 adults keep a monthly household budget of income and expenses.

Those who don’t budget often tell me they don’t have the time. They must be very busy people because keeping a budget these days takes only a few minutes a day.

There are secure online tools that do the boring math for you. 


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