Our Services
Frequently Asked Questions
Financial Literacy For NIL is a platform dedicated to educating student-athletes about managing their finances, especially in relation to Name, Image, and Likeness (NIL) opportunities.
NIL refers to the ability for student-athletes to earn money from their Name, Image, and Likeness through endorsements, sponsorships, and other business ventures.
Managing new income from NIL deals can be complex. Financial literacy helps athletes understand budgeting, taxes, credit, and investing, ensuring they make informed decisions and plan for the future.
We provide a variety of services, including NIL contract education, budgeting, tax planning, credit building, investment education, and long-term financial planning.
You can contact us to schedule a free consultation where we’ll discuss your financial needs and how our services can help you navigate the NIL landscape.
We educate athletes on the terms and financial implications of NIL contracts, ensuring they understand the full scope of their agreements before signing.
Yes, we help athletes understand the tax implications of their NIL earnings and provide guidance on how to stay compliant with federal, state, and local tax laws.
You can schedule a free consultation by filling out the contact form on our website. One of our experts will reach out to schedule a convenient time.
Our services are specifically tailored to the unique needs of student-athletes, combining sports and finance expertise to provide practical, relatable financial education.
No prior financial experience is needed. We provide easy-to-understand education and guidance for athletes at any stage of their financial journey.
You can begin by exploring our free resources, attending one of our workshops, or scheduling a consultation for personalized financial advice.
Our workshops cover topics such as budgeting, taxes, credit management, investing, and understanding NIL contracts, tailored specifically for student-athletes.
Yes, we help athletes plan for their financial future beyond sports, including retirement planning, wealth management, and future income streams.
NIL earnings are taxable, and understanding your tax obligations is crucial to avoid penalties and ensure you’re setting aside the right amount for taxes.
We offer personalized budgeting guidance to help athletes manage their income, plan for expenses, and avoid common financial pitfalls.
Yes, we provide education on the basics of investing and strategies for growing your NIL income over time, ensuring you make informed investment decisions.
We teach athletes how to establish and maintain good credit, which is important for future financial opportunities like buying a home or taking out a loan.
Financial literacy helps athletes make smart decisions with their money now, setting them up for future success by managing their income, building wealth, and avoiding financial pitfalls.
No, our services are valuable for any student-athlete looking to gain a strong financial foundation, whether or not they currently have NIL deals.
You can reach us through the contact form on our website or email us directly for more information and to schedule a free consultation. We’re here to help!
