If I were an actor or athlete, I would be investing all the income I can spare and work towards living on the invested income.
Please you are in your 20s and start making crazy money, you think you always will, its only the beginning, I can always make more... by the time you realize that isn’t the case, you’ve squandered most of it and the big cash flow had slowed way down.
Same old story.
People like to paint Rob Gronkowski as a dumb frat boy (and he seems to enjoy the characterization) but from the day he began making money, he put it away, didn’t buy cars, houses, new homes, or even new clothes.
He invested it all, and said that he has never touched a cent of any paycheck he got from the NFL.
If true, sounds pretty smart to me.
Same here.