07-06-2016, 04:01 PM
(07-06-2016, 03:29 PM)OrlandoBengal Wrote: I agree, but I think the best thing a parent can do is to help him find an experienced, reputable financial professional who knows how to make the money last. Listen, it matters nothing to me... I just know that a lot of people take on too much financial strain and end up back to broke (especially if they have a short career and/or don't get a big second contract).
$4 million is a lot of money, but it's not "we're rich and no one ever has to worry about anything again" money.
Especially when young kids just out of college get it and go buying things like big houses and fancy cars, and then just spend crazy amounts of money on stupid things.