6 Financial Mistakes Pro Athletes Make and How They Apply to You

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 31 July 2015

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As with most shows on TV, HBO's new show Ballers depicts the pro athlete lifestyle as -- well, “baller.” Unfortunately, this is very different from the reality many athletes face day-to-day. Your Money Guys would know. Brian used to work at a firm assisting A-listers and athletes with their portfolios, and Bo has a few friends in the NFL and MLB. They’ve witnessed countless athletes making the same financial mistakes over and over. In this episode, Brian and Bo review six financial mistakes pro athletes tend to make -- and that you can avoid whether or not you've got millions in your bank account. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	It's Brian Preston, the money guy.
0:02.9	Restoring order to your financial chaos.
0:05.9	Retirement.
0:06.8	Investing.
0:07.8	Taxing.
0:08.8	You've got financial questions.
0:10.4	He's got financial answers.
0:12.4	It's Brian Preston, the money guy.
0:15.4	But let me hear you say something.
0:17.2	What do you want to hear?
0:18.1	See, look at that.
0:18.7	He's in the studio today, guys.
0:20.5	Do you see what we did there?
0:21.6	We have ended the drought.
0:23.7	And I blame you, Bo.
0:25.4	I'll take that blame.
0:26.7	Full force.
0:27.5	How dare you have children?
0:28.4	It's my bad.
0:29.2	My bad.
0:29.7	But if you saw how he's...
0:30.8	The show, it's not...
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.