JJ Redick talks about how NBA players go BROKE #shorts #nba
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judithdrift46:
Give me $3 mil cash right now and watch me live like a prin…
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Give me $3 mil cash right now and watch me live like a prince for the rest of my life
They go broke trying to retire everyone in their family. ‘Momma you can retire, brother you can retire, cousin you can retire now”. But those same family members don’t just want to retire, they want to live the rich life like you… now you are broke.
They go broke like any one else. Over spending. Bad investments and blindly trusting people
Stupidity. It's a quick one word answer.
“How is that supposed to last the rest of your life?” For many it’s not an earning problem, it’s a spending problem
give me 500k right now and a cashier job and ill never complain a day in my life
$5m can absolutely last the rest of your life. It can't when you're driving a Bentley, you buy your parents a house and you're rocking $250,000 in jewelry
Poverty isn't the lack of wealth, but the abundance of desires.
"How is multiple millions of dollars supposed to last you the rest of your life?" Wildly ignorant
How are they gonna live off of that is the most out of touch statement ever!
So spending beyond their means. Am I supposed to feel bad for multimillionaires going broke?
Keeping up with Jones's will always keep you broke
Definitely spending because I know some nba players that were only rotational players and they still live nice after they left the nba .
They go broke thinking that money will last forever or will keep coming in the way it is at that point in time, it's literally just their fault 99% of the time
Alot of people are saying spending beyond mean, the reality is they are spending within their means then when career is overthey aren't making any money, when your paycheck goes from $2.5 million a year to $0 your savings starts draining. To try to avoid this alot of athletes try to make investments, but not every investment is a winner, more businesses fail than they succeed. Its easy to hate from the outside or tell someone what they should be doing
Live within your means. Treat that money like your never getting that again, work on your game enough to warrant a new contract. These guys man. Some people work there whole lives to get to 3 mill in there life time of working and these guys get it in 5 years then complain that its not enough to live on the rest of there lives when they have the time when the league might possibly push them out.
Hes so rich he doesnt realize how little we spend compared to him and his boys
He shoukd be a politician cause he literally spoke and said NOTHING at the same time.
They just can't manage their finances. Very simple.
JJs Reddick