Why We Created ParentsOfStudentAthletes.com
Empowering Parents to Teach Financial Literacy
At ParentsOfStudentAthletes.com, we believe that financial literacy starts at home. As student-athletes begin earning money through scholarships, NIL (Name, Image, and Likeness) deals, and other opportunities, it’s crucial that they learn how to manage, save, and invest wisely. But before student-athletes can develop strong financial habits, their parents need to be informed and equipped to guide them.
This website was created by Pat Brown, MBA, a passionate advocate for financial literacy and a longtime educator on personal finance, particularly for athletes and their families. His mission is to ensure that parents play an active role in teaching their daughters and sons how to make smart financial decisions that will impact their futures long after their athletic careers end.
The Role of Parents in Financial Literacy
For many young athletes, money comes before financial education. Whether it’s from NIL earnings, sponsorships, or even future professional contracts, these financial opportunities can disappear quickly without the right knowledge and guidance.
Parents Are the First Teachers
Financial habits are formed at home. If parents teach smart money habits early, their children will be far better prepared to handle the responsibilities that come with financial independence. Parents should:
✔ Talk about money early and often – Discuss budgeting, saving, and investing as soon as possible.
✔ Teach smart spending habits – Help your child distinguish between needs and wants.
✔ Encourage saving and investing – Guide them in setting aside money for short-term needs and long-term security.
✔ Help them plan for taxes – Many student-athletes don’t realize that NIL income is taxable.
However, many parents don’t feel financially confident themselves—and that’s okay. If you don’t fully understand financial literacy, you don’t have to go at it alone. That’s why this website exists—to provide the tools, education, and connections to help families make the best financial decisions.
Seeking Professional Guidance When Needed
Not every parent is an expert in taxes, investing, or contract law, but that doesn’t mean they can’t guide their children to the right resources. Parents should seek professional help when necessary, and we encourage consulting:
👨💼 Financial Advisors – To help with budgeting, investing, and long-term planning.
⚖ Attorneys – To review NIL contracts and protect your child’s financial interests.
📊 CPAs (Certified Public Accountants) – To navigate taxes and ensure compliance with IRS rules.
📝 College Compliance Officers – To understand NCAA regulations and financial aid implications.
💡 Tip: Teaching your child that it’s okay to ask for financial help normalizes responsible money management and prevents costly mistakes in the future.
Why Pat Brown, MBA Created This Platform
Pat Brown, MBA, has dedicated his career to educating families about financial literacy. His passion stems from his own experiences as a former student-athlete and financial professional. After seeing countless athletes struggle financially—not because they didn’t make money, but because they didn’t know how to manage it—he made it his mission to create resources that ensure parents and athletes have access to the financial education they need.
ParentsOfStudentAthletes.com was built to be a trusted resource where parents can:
🔹 Learn how to guide their children in financial literacy.
🔹 Find reliable financial professionals for expert guidance.
🔹 Gain insight into budgeting, saving, investing, and NIL financial planning.
🔹 Help their child build a secure financial future, whether they go pro or transition into a new career.
Pat believes that financial literacy isn’t just for the wealthy—it’s for everyone. The earlier families start discussing money, the better prepared their children will be for life beyond sports.
Our Commitment to Parents & Student-Athletes
We know that raising a student-athlete comes with unique challenges—financial planning shouldn’t be one of them. Our goal is to provide:
✅ Financial literacy resources designed specifically for student-athletes and their families.
✅ Expert advice from financial professionals, attorneys, and CPAs who understand the world of sports finance.
✅ Guidance on NIL opportunities, including taxes, investments, and contracts.
✅ A supportive community where parents can learn from one another.
You don’t have to do this alone. By taking proactive steps and seeking the right knowledge, you can help your child develop financial skills that will last a lifetime.
If you have any questions or need additional support, reach out to us at in**@**********************es.com. We’re here to help!
Join Us in Preparing the Next Generation for Financial Success
At ParentsOfStudentAthletes.com, we believe that money management is just as important as athletic performance. By equipping parents with the tools they need, we can ensure that the next generation of student-athletes doesn’t just earn money—they build wealth and secure their futures.
Ready to empower your child with financial knowledge? Explore our resources, seek expert guidance, and start the conversation today!