The financial advisor and investment expert Gustavo Martínezhe spoke on the podcast of Sergio Beguery and Juan Domínguez‘I have a plan 'about the mismanagement that people with great heritage make of their money. Martínez blames it for Bad financial education who possess these groups, because according to him, they have a lot of money stopped in the bank that is losing value against the inflation.
The expert gave the concrete example of the players, who handle large amounts of money. “Footballers or elite athletes are the clear example of bad financial education. They do not value money or heritage because they have a lot“I started commenting.
“Footballers do not value money because they have a lot”
Martínez continued with his allegation: “I know players who have lost much of their money because they are a Easy White… They have millions of euros standing at the bank and are devouring inflation, “he says.
In fact, according to information published by Sports Illustrated en 2009it is estimated that a 60% of NBA players They win a great salary end in bankruptcy or with serious financial problems during the five years after their withdrawal. According to the information, this is due to several factors:
- Bad financial education
- Excessive expenses
- Effort to maintaining a luxury life above their possibilities
Read too
In fact, and Martínez emphasizes it in the podcast, having a lot of money and saving large quantities, It is not synonymous with having a quiet future. The financial expert recommends saving “in a wayOnscious and responsible, Also thinking about retirement, since it is not insured as we know it today. Moreover, thinking 'I spend everything because tomorrow I'm going to die' is a Philosophy at all wrong For me, you don't know how long you are going to live and the rest of the days you would spend poverty. “
