2. Andre Rison became broke due to pure ignorance. He thought that he was a millionaire, even though he really was not that rich at the time. He also couldn't handle the trappings of fame because he was buying things that he couldn't afford. His ignorance was a key part of his bankruptcy. His mistakes of having too many kids, and blowing his money like it was nothing proved to be costly as well.
4.Yes, they weren't the only ones who were all of a sudden making millions. The financial industry was also at its highest point, making it extremely difficult to save money.
5. Yes, because when you grow up dirt poor, you are even more determined to become successful, and once you get famous, you wan't all of the things that you couldn't have when you were growing up.
6. Tiger Woods is a multi-millionaire athlete through becoming a golf legend. However, he also makes millions of dollars a year through his endorsement funds that he receives from Gatorade and Nike. NFL quarterback Robert Griffin III is the exact same way. He makes millions of dollars through his association with Adidas, and Subway, on top of being an upcoming star in the NFL. Mike Tyson is definitely not a sound financial athlete. He blew so much money on things that literally had no meaning to him. If he hadn't been so arrogant and irresponsible with his money, he would not have been bankrupt after his career ended.
7. Rappers want to be athletes, and athletes want to be rappers, meaning that they do not care that much about their money. They also go out to expensive clubs and places and make it seem like they're millionaires, even though they might not be. Lines like "make it rain" are brainwashing athletes and others that money does not really matter, and that you need to spend money to fit in.
I agree with your answer to number one. If they just stopped spending all their money on unneeded things, they wouldn't be in financial debt.
ReplyDelete-Zoe Solomon