The Four Uses of Money: Where Does It All Go? | NFL Players' Podcast #46
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In this latest episode of the AWM NFL Podcast, hosts Riccardo Stewart, Jeff Locke, Zach Miller, and Sam Acho dive into the fundamental question every high-earning athlete faces: "Where does my money go?" They discuss the Four Uses of Money framework designed to help NFL players plan for taxes, spending, giving, and saving. With insightful advice and real-life examples, this episode provides a valuable roadmap to managing wealth effectively.
Key Highlights:
Explore the inevitable reality of taxes and strategies for minimizing tax burden over a lifetime.
Understand the privilege of spending wisely and the importance of enjoying your earnings.
Discover the joy of giving and its profound impact on happiness and community.
Learn the significance of saving and investing aggressively to ensure a secure financial future and multi-generational wealth.
Quotes:
"Taxman is undefeated. It's about planning for it across your lifetime." – Jeff Locke
"If you really want to be happy, I'd argue giving is a great option." – Sam Acho
"Your future self will thank you for saving aggressively while you earn millions." – Zach Miller