10 Debt Lessons  You Can Learn From NFL Football Players

Former placekicker for the New York Jets, Seattle Seahawks, and Buffalo Bills Don Silvestri learned as much about staying out of debt from the NFL as he did as president of Debt.com. 

Let’s kick off 10 Debt Lessons You Can Learn from Football Players.

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Money will get you out of debt, but it won’t keep you out of debt.

Brains Beat Bucks

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You can’t save money for a new car or a new home, or a new family if you don’t know what life is costing you now.

Budgeting is Your Game Plan

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Keeping a budget these days takes only a few minutes a day. You don’t use a pencil and paper. You use your phone or computer.

Shorten the Field with Technology

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An emergency fund isn’t just peace of mind. It can save you money because when disaster strikes and you’re not prepared, you often run up your high-interest credit cards.

Prepare for the Trick Plays of Life

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If you really want to run up the lead on your emergency fund, ask your boss or your Human Resources Department if they’ll help you.

Recruit a New Teammate

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All you need to do is stop making late payments on your debts.  Late fees and overdraft fees cost Americans an average of $577 a year.

Automate Your Money

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What most people don’t know is that your credit score is based on your credit reports. These are detailed records of everything you’ve borrowed and paid back (or haven’t paid back).

Check Your Credit Reports for Free

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Every NFL player thinks about retirement. Even if you’re a rookie all-star, you know you’re one injury away from a life without football.  Everyone needs to think about how to save for retirement.

Plan for Retirement

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