Student athletes prepare for financial future
Brooks Kirchheimer
Issue date: 2/7/05 Section: Sports
For some athletes there is the professional dream of getting paid to do what you love, but for all the other student athletes there is the realization of finding a job after graduation.
That is why Playbook for Life came to the DU campus last Tuesday to present to the student-athletes plans to prepare financially for their future.
Playbook for Life is a program run by The Hartford Group and sponsored by the NCAA and is presented to colleges across the country.
"There are too many stories of students and student athletes making bad financial decisions. At this point they can develop a sound financial plan," said key-note speaker Allen Pinkett, former Notre Dame All-American football player.
He added, "The playbook allows the athletes to implement it right now whether they have money or not."
Sophomore volleyball player Alyssa Hampton led off the program with an introduction to the athletes and a presentation of Jamie Munro, speaker and men's lacrosse head coach.
Munro spoke about his financial experience during college and gave tips on what to do to avoid the mistakes of going broke.
"You learn that budgeting is huge. It probably took me longer to learn that lesson," said the seventh-year head coach.
Munro explained that credit cards were not available in his day, so one could not run into trouble there.
But he did start his own painting company and explained that he did not save the money and instead blew it all on fun during his senior year.
"One way or another they are going to have to face these realities, so if you can learn them at a younger age it is a huge advantage," said Munro.
After Munro spoke he introduced, Pinkett to the athletes.
Pinkett also spoke about his experiences during college and explained how a budget is the foundation for any financial planning.
The former Irish player was selected in the third round of the 1986 NFL draft by the Houston Oilers (now Tennessee Titans) and spent his seven-year NFL career with the Oilers and New Orleans Saints.
That is why Playbook for Life came to the DU campus last Tuesday to present to the student-athletes plans to prepare financially for their future.
Playbook for Life is a program run by The Hartford Group and sponsored by the NCAA and is presented to colleges across the country.
"There are too many stories of students and student athletes making bad financial decisions. At this point they can develop a sound financial plan," said key-note speaker Allen Pinkett, former Notre Dame All-American football player.
He added, "The playbook allows the athletes to implement it right now whether they have money or not."
Sophomore volleyball player Alyssa Hampton led off the program with an introduction to the athletes and a presentation of Jamie Munro, speaker and men's lacrosse head coach.
Munro spoke about his financial experience during college and gave tips on what to do to avoid the mistakes of going broke.
"You learn that budgeting is huge. It probably took me longer to learn that lesson," said the seventh-year head coach.
Munro explained that credit cards were not available in his day, so one could not run into trouble there.
But he did start his own painting company and explained that he did not save the money and instead blew it all on fun during his senior year.
"One way or another they are going to have to face these realities, so if you can learn them at a younger age it is a huge advantage," said Munro.
After Munro spoke he introduced, Pinkett to the athletes.
Pinkett also spoke about his experiences during college and explained how a budget is the foundation for any financial planning.
The former Irish player was selected in the third round of the 1986 NFL draft by the Houston Oilers (now Tennessee Titans) and spent his seven-year NFL career with the Oilers and New Orleans Saints.
2008 Woodie Awards