The Real Deal: Hillary Seiler on Financial Literacy in the NIL Era
Hey Fightin' Podcast Network: The Official Podcast Network of LSU Sports
LSU Sports
4.9 • 537 Ratings
🗓️ 6 November 2023
⏱️ 20 minutes
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Summary
Hillary Seiler of Financial Footwork joins Taylor Jacobs on the latest episode of The Real Deal to talk about the importance of financial literacy for student-athletes across the country in the era of NIL.
Transcript
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| 0:00.0 | On July 1st, we didn't ask you can profit off name, image, and lightning. |
| 0:09.8 | Welcome back, everyone, to The Real Deal in our NILSU podcast here at LSU. |
| 0:17.6 | My name is Taylor Jacobs, and I'm so excited to talk with our special guest today, |
| 0:22.7 | Hillary Seiler from Financial Footwork, because let's be real, this NIL era, financial literacy |
| 0:29.0 | is so important. And I feel like one of the most common calls that we get here at LSU, and one of the |
| 0:34.7 | most common questions we get asked is, are you teaching your |
| 0:37.7 | student athletes about finances? And we in fact are through the help of Coach Hill. So Hillary, |
| 0:43.1 | do you want to do a little intro for the listeners? What's up? Let's go Tigers. It's great to be |
| 0:48.9 | here. Thank you for having me. I am a financial education coach, have been for the past 14 years. |
| 0:53.5 | And my entire job is to teach athletes, both semi-pro, pro, and of course, student athletes being where we are today, about financial education, about how money actually works. |
| 1:04.8 | And not just the boring, let's talk financial literacy, but how does money truly work? |
| 1:09.9 | How does it move? |
| 1:10.7 | How do I use it? How do I build move? How do I use it? How do I |
| 1:11.9 | build wealth? How do I protect it? How do I protect my families? And so my job is to teach all of these |
| 1:18.2 | young people about how it actually works in a way that's relatable, that they can understand and that they can |
| 1:22.9 | actually use. So that's what I do. That's awesome. I love it. So financial footwork is the name of your program. How, I guess, did that come to be? Did you start NFL? Did you start? Like, what area did you start? How did you get going? And then let's talk a little bit more about the program. Yeah. So I actually got started in this space because I had some friends at Oregon State University that were football players. And during that time, I was in school in 2005 to 2009, so a while ago, we didn't have an IL. |
| 1:50.0 | And my friends were on the football team and they were getting scholarship money. |
| 1:54.0 | And I actually was not in a good place financially. My mom was incredibly sick, so much so that I was trying to send money home, |
| 2:02.0 | and I was working a full-time job and taking 20 credits a quarter, which is a huge load. |
| 2:06.6 | I wasn't really sleeping. And I was trying to pay my bills and trying to help. And one of my |
| 2:10.6 | football friends noticed that my fridge was empty. He came over one night and we were playing |
| 2:15.4 | Call of Duty and, you know, college students, what we do. |
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