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Pro Athletes and Their Bad Money Habits and poor money decisions

I ran an online search for stories about athletes and their finances, and here are some of the headlines that came up:- “Pro Athletes and Their Bad Money Habits”- “10 Pro Athletes Who’ve Hit Financial Rock Bottom”- “How Pro Athletes Lose Everything “Then there’s ESPN’s documentary “Broke,” which is often cited as evidence that athletes are financially reckless.
Sixty percent of former NBA players were broke within five years.
But if you came into the millions like some pro athletes do in their late teens or early 20s, would you really do things differently than you did – or are currently doing – with your thousands?
Its new interview series “Kneading Dough,” in partnership with JPMorgan Chase, aims to change the dialogue around the money misadventures of athletes.
“Sucked into bad investments, stalked by freeloaders, saddled with medical problems, and naturally prone to showing off, many pro athletes get shocked by harsh economic realities after years of living the high life,” the film’s summary read upon its release.

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 poor money decisions

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Michelle Singletary: Pro athletes and their poor money habits

I ran an online search for stories about athletes and their finances, and here are some of the headlines that came up:• “Pro Athletes and Their Bad Money Habits”• “10 Pro Athletes Who’ve Hit Financial Rock Bottom”• “How Pro Athletes Lose Everything” Then there’s ESPN’s documentary “Broke,” which is often cited as evidence that athletes are financially reckless.
Sixty percent of former NBA players were broke within five years.
If you came into the millions like some pro athletes do in their late teens or early 20s, would you really do things differently than you did – or are currently doing – with your thousands?
“Sucked into bad investments, stalked by freeloaders, saddled with medical problems, and naturally prone to showing off, many pro athletes get shocked by harsh economic realities after years of living the high life,” the film’s summary readS.
Its new interview series “Kneading Dough,” in partnership with JPMorgan Chase, aims to change the dialogue around the money misadventures of athletes.
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