NFL players add financial literacy to their game plan
The nonprofit Money Management International (MMI), the nation’s largest full-service credit counseling agency, announced today that it is working with the National Football League’s Player Engagement department to provide rookies, veterans and retired players access to important financial literacy programs and services designed to equip them to maximize their full financial potential at every stage of their career.
The tailored financial education program “Your Financial Game Plan” is part of Financial Solutions, MMI’s employer sponsored financial wellness program. The training offered through the program helps players take the necessary steps to understand their true net worth, assess their financial risk, live within a realistic budget and create smart financial goals.
“We are committed to offering our players the financial tools and resources they need to make smart financial decisions,” said James Thrash, player engagement manager for the NFL. “The objective of this program is to ensure players’ long-term financial stability throughout their football careers and beyond.”
In addition to the program designed for players entering the league, MMI is working with the NFL on additional programs to assist players who are transitioning into other areas of their career. These financial literacy workshops essentially provide education and advice on how to successfully live on a new budget, as well as how to make appropriate changes to investments to support their new lifestyle and life stage.
“We’re excited to work with the NFL to offer players appropriate financial education resources and a realistic perspective on the current economic environment,” said Maura Attardi, regional director of financial education for MMI. “Our in-person workshops provide an opportunity for players to develop short- and long-term financial goals, create a realistic monthly budget, and establish savings strategies to assist them both today and tomorrow.”