Document Type

Thesis

First Faculty Advisor

John Fellingham

Second Faculty Advisor

Hakan Saraoglu

Keywords

financial literacy; financial preparedness; budgeting; investing; athletes

Publisher

Bryant University

Rights Management

CC-BY-NC-SA

Abstract

Professional athletes live the dream of millions of people when they sign their first contract to be paid to play sports. For many athletes, they are coming into money that many have never seen before. Handling this money can prove difficult for athletes from a personal finance standpoint, and it is imperative for them to utilize the support systems around them. However, the support systems need to be readily available to the athlete for there to be a significant impact on the budgeting and investing practices of the athlete. Empowering an athlete to take full advantage of their time in college can help them prepare for a successful post-college career in what they do best.

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