Financial Lessons Learned From Football

September 26, 2019

The Principle:

Go team! Whether you’re spending weekends tailgating or watching the football game, there’s plenty to learn from one of America’s favorite sports. Are you putting these strategies and principles into place?

(Want to jump ahead in the episode? Click the featured times below to skip to a specific section.)

Honest Takes:

As the fans return to the stands and the teams convene on the fields, America is ready to get back to football. From favorite sports movies to weekend games, there’s a lot that can be learned from football as it applies to your finances.

Consider the strategy that goes into the game. Some teams can play consistently the entire game, while others lose steam and lose their lead in the fourth quarter. In retirement planning, it’s all about getting to the end zone of retirement.

There are financial lessons to be learned from the football players, too. Michael Bennett of the New England Patriots saves all of his paychecks each year and lives on a fixed income. Without knowing what’s ahead in his future, he’s setting that money aside now while he can. While most of us can’t afford to set aside an entire paycheck, could you be saving more for a rainy day or toward retirement? 

Whether you are a football fan or not, Brian will guide you through the financial game plan toward retirement to get you safely in the end zone.

Listen to the entire episode or click on the timestamps below to hear a particular segment.

[0:17] – Football, one of America’s favorite sports, is back.

[3:02] – We don’t know when we will retire or how long we will live.

[5:36] – So often, teams end up losing after they have a lead and then stop actively playing.

[5:59] – Sometimes when people retire early they take out too much money too soon.

[7:02] – Focus on how to get to the red zone of retirement.

[8:16] – Defensive end for the New England Patriots Michael Bennett says he saves most of his money and lives on a fixed budget.

[9:19] – How can people put themselves in a great financial position for the future?

Today’s Truth:

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The Host:

Brian Bowen – Contact