28/11/2023
Diddy steps down as chairman of his own company, Revolt.
The purpose of this page is to build a community of fit, financially responsible people that love sp
Diddy steps down as chairman of his own company, Revolt.
Why financial literacy is needed
From $61,000,000 in career earnings to $3,000 just like that 😨
Joe Smith was the NBA’s top overall pick in 1995. He bounced around the league—12 teams to be exact—throughout a 16-year career.
He retired from the NBA in 2011. Seven years later, Smith revealed that he was living paycheck-to-paycheck.
Here’s the thing, out of the $61,000,000, only $18,000,000 found its way into his pockets due to taxes, agent fees, and management fees.
But the bigger concerns were Smith’s spending habits and a costly divorce.
Playing for 12 teams looked trivial. Unfortunately, every move entailed new house purchases, and he was forced to lose money trying to sell these properties each time he got traded.
Have we mentioned his collection of luxury vehicles?
Joe Smith isn’t the first former NBA player to endure such a fall. Unfortunately, he’s probably not going to be the last.
The choice is yours 
🍇🏀 Slam dunk into the vineyard game! NBA's CJ McCollum secured a historic win as the first NBA player to own a 318-acre vineyard in Oregon. From the court to the vine, cheers to this unique play in the game of life! 🌐🍷
All facts
Thoughts 🤔
Byron Allen was once the youngest stand-up in the history of Johnny Carson's "Tonight Show." Now he's a mogul in the mix with Bob Iger's Disney TV sale.
What are your core values?
Taylor Swift has another accolade to add to her lengthy resume this year: America’s favorite pop star is now a billionaire, according to a Bloomberg analysis.
This photo of Caitlin Clark hooping in front of 55,646 fans is TOUGH 🤯
Got the triple-double too.
(via )
💰💰💰
History for MJ 💰
(via Forbes)
How is this possible? This might be the greatest stat in sports’ history.
Tom Brady’s Legendary Status Will Stay Intact for Years to Come 💪🐐
COACH PRIME TRIED TO TELL YOU 🗣️
The people have spoken
The NBA GOAT at every position in our ALL-TIME BRACKET! Decided by your 1.8M votes 🙌🏼
Does this settle the G.O.A.T debate?
Major move by Apple to position themselves in the world of sports.
According to a report, one of the world's largest companies could have interest in purchasing ESPN, The Worldwide Leader in Sports.
This is going to be fun
A look at the 2023 NBA Christmas Day schedule 🏀🎄
Real recognize real
This isn’t talked about enough
Magic Johnson continues to raise the bar 📈
Cole World
Congratulations to J.Cole on becoming the new Majority owner of “Charlotte Hornets” basketball team 🏀💰‼️
 First ballot Hall of Famer is a understatement 
Best in the league
The future is coming and it’s scare for the working class
Lebron James rookie card sell for record $5.2 million, tying mark for the most expensive sports card 🔥💰
👑🐐
Video game mode
Consistency is 🔑

😎
(via automaticnba/twtr)
It’s important
Do these guys even want to compete anymore?
Kyrie intends to meet with the Suns when free agency hits tomorrow 👀
🔸 Kyrie Irving
🔸 Devin Booker
🔸 Bradley Beal
🔸 Kevin Durant
All on the same team 🤯
(via Chris Haynes)
His career highlight video is going to be crazy
First ballot
🫡🫡🫡
'How to stop Steph Curry' 😳
ctto
-MAIDEN💪🏼
😂😂😂
LEBRON AND THE LAKERS ELIMINATE THE GRIZZLIES FROM THE PLAYOFFS 😤
LeBron James | Los Angeles Lakers
Apple has launched its Apple Card savings account, offering a 4.15% annual percentage yield (APY) with no minimum deposit or balance requirements. Users can set up an account through the Wallet app on their iPhones.
Daily Cash rewards earned through the Apple Card will automatically be deposited into the savings account, and users can change the destination of their Daily Cash or add funds from their bank account. The account is launched through Goldman Sachs and offers a higher APY compared to the national average of 0.35%.
We will be covering this tonight on Market Mondays
REPORT: Players can now invest in NBA and WNBA teams, and promote sports betting and cannabis.
- The league's new 7-year collective bargaining agreement allows players to invest in NBA and WNBA teams, as well as promote and/or invest in sports betting and cannabis companies.
(via NBA SPORTS)
🐍
There will never be another Kobe
History was made last night
What CAN’T she do?! 🤯
Caitlin Clark secures the 𝐅𝐈𝐑𝐒𝐓 40+ point TRIPLE-DOUBLE in tournament history with XX points, XX rebounds, XX assists in tonight’s Elite Eight win over Louisville 🔥
x Iowa Women's Basketball
🤦🏽♂️
Tough luck...
Interesting
The amount of money required to be considered wealthy can vary quite a bit relative to where you live, even within the United States. According to the US Census Bureau, the national median household income in America was $59,039 in 2016, and to be considered “upper income” you have to make twice...
Prime time
Only 1,950 fans attended Colorado's spring game in 2022 😲
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What Steph Curry should have said to Draymond Green. Tune in to another episode of HWS where I’ll be discussing the Draymond Green, Jordan Poole incident. https://podcasts.apple.com/us/podcast/hws-podcast/id1550414377?i=1000582039689 #draymondgreen #jordanpoole #stephcurry #goldenstatewarriors #thepunch #podcast
Listen to how easy it is to start a brokerage account. https://podcasts.apple.com/us/podcast/hws-podcast/id1550414377?i=1000580183480
“I’m not a businessman; I’m a business man. Let me handle my business DAMN!!!” Shawn Carter • 2020 taught me a lot of things and the most valuable lesson that came out of the quarantine lock down was, YOU’RE THE MOST IMPORTANT ASSET TO YOURSELF. You don’t need to depend on a company to define you or place a value on your time, if you have the drive and ambition to go get it yourself. You’re worth more than they are paying you and if you stay the course, you can earn your worth by yourself. This calling isn’t for all but for the few that heard it (and you know who you are) let go get it.
You never know how strong you are until you have to stand alone. *I don’t own the rights to this music*
LVMH’s Moet Hennessy has bought a 50% stake in Armand de Brignac, a Champagne producer owned by rapper Jay-Z, another sign of a close relationship between the luxury industry and hip-hop culture. No financial terms were disclosed for Monday’s transaction. Armand de Brignac sold more than half a million bottles in 2019, prices of which run $300 and up. *I don’t own the rights to this audio*
It’s really that easy to open an investment account with TD Ameritrade. ALWAYS consult a financial advisor before investing your money. It’s free to do so. So why not.
Before you begin your investing journey with a financial advisor, the first question that they will ask you is - what is your risk tolerance. Why you may ask, because the stock market will try your patience like no other. Are you emotionally strong enough to watch your account lose money? Are you patient enough to understand that market volatility is normal? Do you have the knowledge to understand that the stock market is a marathon and not a sprint. Are you wise enough to stay away from pump and dump stocks and fade stocks? • All of these are valid questions. Before investing your money you must FULLY understand the inherit risk of the stock market. Not every investing story ends in financial freedom. Not every investment strategy is a good one. Not every financial advisor has your best interest in mind. • The secret to investing is consistency. If you have a good strategy or know exactly what you want out of the market, stick to that plan. Knee jerk reacts are common but if you can learn to control the urge to sell at the first market correction, you be fine. The market requires discipline. • So next time you’re thinking about depositing a large amount of money in the stock market, ask yourself this - what is my risk tolerance. Mines is jumping off of REALLY tall building for fun. • A life without risk is a wasted one.
What if I told you that you could vacation free every year for just paying your bills on time. Also what if I told you that you could improve your credit score by just buying what you normally buy every month. Would you believe me? Well it’s true. You can do this with most major credit cards but I chose to use Capital One Venture card because I love to travel. • All you have to do is pay EVERY bill on your credit card and use your credit card EVERY time you spend money. Just make sure that you’re using the same card on every purchase. Capital One gives you 2x points for every dollar spent. Doubling your reward points. When you use your debit card or cash, you don’t get anything in return. Also, if your debit card gets hacked you’ve give thieves direct access to your bank account. Credit cards use a third-party company, so if your card does get hacked you’re normally not responsible for the charges. • After months and months of using your credit card on bills and expenses that you normally pay with your debit card or cash, you should have built up enough reward points for a free vacation. Also after months of paying your card’s balance off on time, you should see an improvement of your credit score. • Repeat this process with different credit cards and collect the free rewards that they offer their new customers. The more lines of credit that you open and develop, the better your credit score will become.
Listen as the breakfast club discuss financial stability during the pandemic with Dr. Lynn Richardson. Dr. Richardson is a professional financial advisor to celebrities and athletes. “You can’t help the poor if you’re one of them”.
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