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About Me:

ceejay74

I'm the CFO of a three-adult, two-child, two-cat household. There's me (CJ, age 49), my husband (NT, age 50), my wife (AS, age 44), and our kids AA (age 13) and SL (age 11). The cats are named Whiskey and Clue and they're about 12 years old.

Until July 2007 we hadn't been serious about financial stability, but then we started focusing on paying down our massive debt, building an emergency fund and saving for retirement. In October 2010, we finished paying off all of our credit card debt--over $70,000! Adding in student loans and mortgages, we've paid off more than $250,000 of debt so far. In June 2015, we used a windfall to pay off all our remaining non-home-related debt!

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Big picture goals:

Buy a rental property in Minneapolis in 2022

8x income by age 65 OR Coast FIRE by 2031 (tracking retirement in two ways at the moment)

Completely debt-free by age 65 (2039)

My Pages

Interesting sports story about money

December 1st, 2014 at 06:16 am

I hardly ever read news about sports figures, but

this one caught my eye for some reason. I didn't even know it would be about money, but it's incredibly interesting -- and will resonate with some of us who deal with relatives asking for more money than we're comfortable with.

Posted in Uncategorized | 6 Comments »

6 Responses to “Interesting sports story about money”

Laura S. Says:
December 1st, 2014 at 12:24 pm 1417436647
1417436647

Thanks for sharing. It was very interesting. It's tragic how money can change relationships so drastically.
creditcardfree Says:
December 1st, 2014 at 01:27 pm 1417440459
1417440459

Thanks for sharing. That was a really good article! I feel so bad for all that are in those situations.
MonkeyMama Says:
December 1st, 2014 at 02:33 pm 1417444393
1417444393

That is so sad.
JulieAlbright Says:
December 1st, 2014 at 08:12 pm 1417464727
1417464727

That's the kind of story that really sticks in your brain for awhile. In this case, he really comes across as a very grounded and sensible person - to have the ability to look at the millions of dollars if in front of him but realize that statistically his football career will be over in a blink, and statistically that money will need to last for decades.

I like his idea of his second career being a mentor to college athletes facing some of the same challenges in regards to their sudden wealth. I suspect he is one of the few that can talk to them on a level of "I've been where you are and this is what I learned."
PatientSaver Says:
December 2nd, 2014 at 12:45 am 1417481107
1417481107

Very sad. Money taints everything.
scfr Says:
December 2nd, 2014 at 12:48 am 1417481313
1417481313

Oh wow. Thank you for sharing. I loved reading that he has 5 rescue dogs! The affection those pups have for him has nothing to do with the balance in his bank account!

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Ceejay74's Personal Finance Blog

A blog to help me document my journey out of debt.

Interesting sports story about money

6 Responses to “Interesting sports story about money”

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