Your Money

Its Your Money: Understanding the true impact of your finances

Do you understand how finances can impact you mentally and physically in a positive and negative way?

Let’s talk about your money. Money is more dangerous than you might think.

There are so many stories of people blowing their money, either because they spent it on stupid things,
or they couldn’t say no when friends and family members asked them for money. It’s easy to make the mistake if you’re not careful, if you don’t understand the impact of your finances. I know you love the game, but the ultimate goal is to make and save enough money to take care of you and
your family for years to come.

Even guys with the huge contracts need to be careful. The people around you don’t know this. They automatically think, since you’re playing baseball, you’re making money. You and I know know that that’s not the case. But even the idea that you’re making money has an impact. Your potential to make money has an impact on you and yourself. You may buy and spend all your potential future earnings, and there are enough people willing to allow you to do that.

Think of the unnecessary stress you just added to your life, family and friends, wanting things just under your potential. But what if it doesn’t pan out? What if you’re not doing the things to put you in the position to earn the money that you should be not taking care of your body, getting injured,
dealing with more stress?

Remember, no one is looking out for you except you.

To improve your score on this factor, here are some other key steps you can take to make progress in this area:

1. Work with a trusted financial adviser who can help you create spending and savings budget. Someone who can work hand in hand with your trusted agent. And they can explain to you the stresses and pit falls that money can have.
2. Understand how worrying about finances can effect other aspect of your life. It can cause you to press on the field and get you out of your game plan. you don’t play well you don’t get paid. And that starts a domino effect which could filter into how you rest how you sleep and how you recover.
3. Do your part on the field and in the gym. and off the field in the public eye to maximize your earning potential.