When you think of NFL players, you probably picture high rollers poppin’ bottles of Dom Pérignon and cruising around in Rolls Royces.
So it probably wouldn’t surprise you that more than 15% of NFL players declare bankruptcy within 12 years of retirement.
But, on the opposite end of the spectrum, some players are Penny Hoarders just like us.
A recent Bankrate article listed six of the most frugal players in the NFL — and in light of the upcoming Super Bowl, we wanted to celebrate a few of them and their penny hoarding ways.
NFL Players Share Their Frugal Ways
Alfred Morris: This dynamite running back commutes to the field by bicycle — or in a used 1991 Mazda he calls his “Bentley.”
John Urschel: This NFL offensive lineman lives off just $25,000 a year.
Rob Gronkowski: One of the league’s most famous players saves his entire NFL salary, only spending what he makes from marketing endorsements.
Pretty impressive, right? If I had money like these guys do, I don’t know if I’d be half as smart as them.
If you’re lucky enough to come across some extra money, here are some articles that should help you manage it wisely:
Feel Intimidated by Investing? Here’s an Easy Way to Get Started
How This Couple Saved $1 Million and Retired in Their 30s
4 Simple Ways to Save Money Without Thinking About It
How to Invest in Dividend-Paying Stocks: A Beginner’s Guide
Your Turn: Are you surprised by the frugality of these rich NFL players?
Susan Shain, senior writer for The Penny Hoarder, is always seeking adventure on a budget. Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.
The post Can You Believe It? These NFL Players are Penny Hoarders Just Like Us! appeared first on The Penny Hoarder.
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