International Hoops

Securing the Future: How Can Professional Basketball Players Protect Their Assets?

Professional Basketball Athletes and Betting

Photo: amazon.com

Newspapers are often full of eye-catching headlines about professional athletes’ outrageous salaries and over-the-top spending habits. A study by Personal Capital discovered that many basketball players spend a large amount of money on expensive clothes and cars. With average expenses of $42,500 per month, it works out to a staggering half a million USD per year.

What we collectively tend to forget, though, is that most athletes got rich in their most vulnerable age. They need to think smart to protect their assets and live comfortably, even when their career in the field is over. Sadly, they often don’t have someone to tell them that on time.

With that in mind, we decided to talk about protecting your assets as a professional athlete and how you can still live a comfortable life while not wasting away your fortune.

Know How Much You Earn and Spend

The most important thing athletes can do to protect their assets is track their earnings and expenditures.

We have to…

Click Here to Read the Full Original Article at TalkBasket.net…