With the introduction of Name, Image, and Likeness (NIL) opportunities, student-athletes now have the chance to earn money while still competing in their sport. However, managing money effectively is just as important as making it. Without proper financial planning, NIL earnings can be spent quickly, leaving little for future goals such as college tuition, investments,
As a parent of a student-athlete, you already know how demanding their schedules can be. Between training, school, travel, and competitions, there’s little time left for anything else—including financial education. However, teaching your athlete how to manage money is just as important as preparing them for their sport. Whether they’re earning money from an NIL
For student-athletes, Name, Image, and Likeness (NIL) earnings present an incredible opportunity to build financial independence while still in school. However, without proper financial management, these earnings can disappear just as quickly as they come. Whether your athlete is making a few hundred dollars from local sponsorships or signing major endorsement deals, having a long-term
Raising a student-athlete is both rewarding and challenging—especially when it comes to finances. From travel expenses and sports equipment to college recruiting and potential NIL (Name, Image, and Likeness) earnings, the financial demands can add up quickly. To help parents plan ahead and make informed decisions, here’s a guide to managing the financial aspects of
