If you're a sports fan, you probably have favorite athletes you admire. We love cheering for athletes on the field, but many athletes also shine from the sidelines...and this month we're reading up on how athletes are super star retirement planners.
That may sound strange — especially when you think about highly paid athletes — but we've picked out a few of the most important lessons we can all learn from our favorite sports stars.
1) Live within your means...or below your means (if you can)
When you hear about a huge contract for an athlete, you probably imagine that they're set for life and never have to worry about money. But not all that money is guaranteed — just like our salaries aren't a sure thing. Spending money we don't have is a surefire way to encounter obstacles when it's time to retire, whatever your salary.