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Lessons To Live By From These 13 Rags-to-Riches Athletes

GOBankingRates Logo By Gabrielle Olya of GOBankingRates | Slide 1 of 27: Professional athletes are notoriously bad with money, with many squandering their wealth due to lavish spending, bad investments, poor money management or a combination of all three. However, some sports stars have managed to avoid the financial downfalls of their peers.
These 13 famous athletes all grew up without money and managed to make wise financial decisions once the big checks started rolling in. Even if you’re not a rich athlete, these rags-to-riches stories can help you handle your own finances better.
Last updated: Nov. 19, 2019

Professional athletes are notoriously bad with money, with many squandering their wealth due to lavish spending, bad investments, poor money management or a combination of all three. However, some sports stars have managed to avoid the financial downfalls of their peers.

These 13 famous athletes all grew up without money and managed to make wise financial decisions once the big checks started rolling in. Even if you’re not a rich athlete, these rags-to-riches stories can help you handle your own finances better.

Last updated: Nov. 19, 2019

© Larry W Smith/EPA / Shutterstock.com

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