Gerard Spinks UndagroundMilli

It’s funny because in my book, “How To Be Rich, Nigga” I talk about what NOT to do with money but I decided I also need to talk about what to do with the money. The one thing I realize about money and athletics is that most people will outlive their money or any type of bonus money that you get.

That could be $5,000,000 or that could be $50,000. The key is to realize that in almost all cases, despite what the news says, you WILL live and outlive any type of big money bonuses you get. So, when you do get the opportunity for big money, you need a mentality shift. Most black athletes have the mentality to spend it all now because you may not see this ever again or that you’ll keep getting money.

Shift the mentality and say to yourself “hmm….how do I make this money last if I stopped working by age 25 and lived until I was 95.” Look at your money from that angle and let that guide your decision making process.