Let's Talks Budgeting

It’s no secret that many professional athletes face financial challenges after retirement. In fact, studies have shown that 78% of NFL players face financial stress or bankruptcy within just two years of retiring, while 60% of NBA players are in similar situations within five years. The transition from a structured, high-earning lifestyle to the uncertainty of life after sports can be overwhelming—especially without strong financial habits in place.

In this video, we talk with Mikey Ambrose, a former MLS player turned investor, about the importance of saving, budgeting, and building financial discipline early on—regardless of how much money you’re making.

Check out the next conversation, where we dive into the importance and power of investing.