Category: Real Athlete Stories & Success Tips

As student-athletes enter the world of Name, Image, and Likeness (NIL) deals, they often find themselves in a unique position of financial advantage. The influx of income from endorsements and sponsorships can lead to an increase in social expectations, particularly from friends who may see this as an opportunity for financial support. While it’s natural …

Read more “Why Student-Athletes Should Learn to Say No to Friends Who Ask for Financial Help”

As student-athletes embrace the opportunities presented by Name, Image, and Likeness (NIL) deals, many find themselves in a position where they can support family and friends financially. However, while the desire to help loved ones is commendable, it’s essential for student-athletes to do so thoughtfully. Balancing the need to support family and friends with their …

Read more “The Best Ways for Student-Athletes to Help Family and Friends Financially Without Compromising Their Own Stability”

As student-athletes navigate the world of Name, Image, and Likeness (NIL) opportunities, it’s natural to turn to trusted family members and friends for advice. After all, they know you best and have your best interests at heart. But when it comes to the complex financial, legal, and branding decisions involved in NIL, relying solely on …

Read more “Taking Advice from Family and Friends About NIL: Proceed with Caution”

As a student-athlete, NIL (Name, Image, and Likeness) income can create an opportunity not only to support yourself but also to give back to your family and friends. It’s natural to want to share your success with the people who’ve supported you along the way, but without a plan, you could end up hurting your …

Read more “Efficient Ways to Give Money to Family and Friends Without Going Broke: How to Budget Generosity”

As student-athletes enter the world of Name, Image, and Likeness (NIL) opportunities, they may experience a sudden influx of income from endorsements, sponsorships, and other ventures. While this newfound financial independence can be exciting, it often comes with its own set of challenges, particularly when family members start to ask for money. Learning to say …

Read more “Why Student-Athletes Should Learn to Say No to Family Requests for Money”

In today’s financial landscape, understanding credit is crucial for everyone, especially student-athletes entering the world of Name, Image, and Likeness (NIL) opportunities. As these young adults begin to monetize their personal brands, they may find themselves dealing with various financial responsibilities, including credit. Educating themselves about credit is essential for student-athletes to build a solid …

Read more “The Importance of Credit Education for Student-Athletes”

In recent years, the introduction of Name, Image, and Likeness (NIL) opportunities has revolutionized the landscape of college athletics. Student-athletes can now monetize their personal brands, providing them with unprecedented financial prospects. However, with these opportunities come challenges that necessitate a strong understanding of financial literacy. As a financial advisor and former Division I football …

Read more “The Importance of Financial Literacy for NIL: A Perspective by Pat Brown, MBA”

As a student-athlete, receiving Name, Image, and Likeness (NIL) money opens up exciting opportunities. With increased financial earnings comes the chance to make a meaningful impact on your community and those causes that matter to you. One way to channel this influence is by creating a foundation. Building a foundation is not just a way …

Read more “How to Create a Foundation and Why It May Be Important as a Student-Athlete Who Receives NIL Money”

As a student-athlete with aspirations of being drafted into the professional leagues, you’re likely focused on the opportunities and financial rewards that lie ahead. But what if an injury derails those dreams? Unfortunately, injuries are a reality in sports, and they can quickly alter your future. This is why many athletes consider purchasing a disability …

Read more “Should You Get a Disability Policy If You Think You’ll Be Drafted?”