Navigating Finances: Do’s and Don’ts of Managing Money as a Athlete
- Samantha Paul
- Apr 2
- 2 min read

Whether you’re shooting a ball into a basket or running at a long distance, being a full-time student and athlete while building a strong NIL brand is hard. Moreover, adding finance expenses to the mix, what a stress load. However, we at PubliSIS Grind have your back, here are some financial do’s and don’ts that will help you with that ticking time bomb that we call stress.
Do’s:
Have a Bank Account:
Something as simple as setting up a bank account can be a real effective way to manage your money. It allows you to store money in a safe and secure way.
Budgeting:
Learning what and when to spend your money is something very important. Budgeting will allow you to set limits on the amount of money you are spending. One amazing thing about budgeting is that you can create a list of your wants and needs, so you can learn how to put money aside for things such as emergencies or simply wanting to buy an item you've been wanting for a few months. Business Funder Aleshia Nicole of the non-profit organization called All Mentees on Board says “ I believe taking care of your finances is about more than just budgeting; it's about
creating a secure and sustainable future. Too often, people don't live paycheck to paycheck, rather they spend paycheck to paycheck, prioritizing immediate wants over long-term stability. This then causes a pattern and turns into their lifestyle with money. By becoming intentional about learning how saving, investing, and managing expenses matters, we can empower ourselves to build the freedom and opportunities we deserve. Financial wellness isn't just a goal-it's a form of self-care and responsibility to our future
selves."
Talk With Someone:
Talking with someone about finances can number one help you expand your knowledge about the topic, number two help you think with a clearer mind, and number three hold you accountable from potential useless spending.
Don’ts:
Overconsumption
Overconsumption has been on the rise due to TikTok, despite the rise and fame of overconsumption one thing a lot of people tend to skip over is the fact that it leaves you broke and in debt. Simply buying things because you have the money to do so and using it as an aesthetic will give you a lustful eye for materialism and lead to an addiction of hoarderism.
Loans:
Loans are not inherently bad, especially when in a place of need and necessity, however, it is money that you will eventually have to give back to the government because it is not yours to begin with. So my friend, be very careful.
Credit Cards:
Similarly to loans the money you get from a credit card is not yours but the government’s, and if you want to have good credit and stay out of debt you must pay the money you owe in a timely fashion.
We as people all make mistakes so if you have made a mistake or multiple in the realm of finance that is okay, and this is what this blog is for( to help prevent mistakes from the past from happening again). If this blog has helped you please like and subscribe for more.
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