Common Sense, No Matter How Many Zeros Are In The Check with Dustin Eldridge of Carter Financial

 

The premise is simple enough: try to have more money coming in than you have going out. That is a major challenge for professional athletes, even with the massive amounts of wealth at their disposal. Carter Financial Management brings the focus back to “regular living” when helping clients plan for the future. On today’s podcast, our host spoke with Dustin Eldridge, a Certified Financial Planner for Carter Financial. They discussed why wealth is a challenge for so many athletes, how the way they grew up can have a serious impact on their approach to planning, some shocking statistics regarding NFL players and retirement, and some interesting instances where athletes planned their retirements before they had even really begun their sports careers.

“More athletes are starting to talk about taking care of themselves for the future by just taking care of the basics. Just living within their means or on a set salary or stipend, whatever they give themselves, and not doing these outlandish things, investing in restaurants in South Florida or in California, and instead, just doing the boring stuff. Let me take care of me and my family. Let me make sure I have insurance policies to cover my body, for one,” Eldridge said.

For the latest news, videos, and podcasts in the Sports & Entertainment Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!
Twitter – @SportsEntMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

thaly palanisamy as new president
Stenograph, LLC Announces Thaly Palanisamy as New President
May 22, 2024

Stenograph, LLC is pleased to announce Thaly Palanisamy as president. In his role, Mr. Palanisamy will guide Stenograph in executing its strategic vision: Empowering the capture, preservation, and accessibility of verbatim records. “Thaly’s leadership skills, combined with the Stenograph strategy deployed by our talented team, will ensure success as we charter our course for the…

Read More
rightnow media
Excellence Culture – Brian Mosley
May 22, 2024

“I like your word excellence better than greatness, because you don’t have to sacrifice everything in order to be excellent” – Brian Mosley Those were the words of Brian Mosley (President of RightNow Media) as we discussed the balance of family and leading an organization that is impacting people all over the world. If you…

Read More
safety culture
Nurturing and Growing a Sustainable Safety Culture
May 22, 2024

Applied Digital champions a proactive approach to workplace safety, empowering employees to take ownership of their health and safety. This video showcases our open-door policy, which allows employees to easily connect with environmental health and safety (EH&S) professionals via phone, email, or a dedicated helpline for support in any situation. We also highlight our…

Read More
executive leadership commitment to safety
Applied Digital’s Executive Leadership Commitment to Safety
May 22, 2024

This video explores the profound impact of Applied Digital’s executive leadership view commitment to safety. It highlights the key initiatives led by senior executives to foster a culture where safety is paramount. A standout strategy is the incorporation of a ‘safety moment’ at the start of every meeting, designed to heighten safety awareness from…

Read More