March 18

008 | JimmyG: The Football Player Who Chose to Live Life Differently [Saver vs. Spender]


Sports Illustrated estimates that 80% of retired NFL players go broke in their first three years out of the League.

How is this possible in a sport rolling in revenue with an average salary of almost $2 million a year?

Thankfully, Jimmy Garoppolo decided he wasn’t going to be like everyone else.

Are you a natural saver or a spender?

Maybe you are like JimmyG and have to force yourself to be more of a saver... If so, that's okay.

Regardless of whether you make a lot or a little, saving can be difficult and it's common to spend all or more than what comes each month regardless of whether or not you are considered a "high-earner."

In this episode, you are going to learn why it's important to cultivate a habit of saving no matter what your income level is. Also, you will learn why it's important to only invest in financial products that you fully understand.

All that and much more.

It's important to build that saving habit now so that it continues to carry over with you no matter what income you make (now and in the future).

Questions for review:

  • Do you tend to be a natural saver or a natural spender?
  • Do you feel the need to invest in things that perhaps you don't understand, such as crypto or NFTs? If you understand the investment and are comfortable with it, perhaps it can be to your advantage, but please remember, there is no such thing as easy money!
  • What one saving habit can you cultivate today to improve your financial future?

Verse from the Episode: "Go to the ant, O sluggard; consider her ways, and be wise. Without having any chief, officer, or ruler, she prepares her bread in summer and gathers her food in harvest." -Proverbs 6:6-8


You may also like

Leave a Reply

Your email address will not be published. Required fields are marked

This site uses Akismet to reduce spam. Learn how your comment data is processed.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Get in touch

0 of 350