The Business Insider offers 10 ways professional athletes most frequently end up losing their sudden fortunes. The list is a good one, but tips like “listen to the wrong advisers,” “do drugs,” “have too many kids,” and “fight dogs,” pretty much apply to anybody. If you’re interested in wealth preservation — whether that wealth is a billion dollars or the $14.65 in change your Mom forgot to ask for when you got back from McDonald’s — those are all pretty good places to start.
Dear Mr. Athlete: Here’s How Not to Waste Your Millions
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