What can you learn from highly-paid athletes, including Dan Marino and Vince Young?

Considering the large percentage of bankrupt or financially stressed former athletes, it seems that the success on the field does not translate to success with finances.

In the article, “How Dan Marino, Vince Young and Other Broke NFL Players Lost Their Fortunes,” it is interesting to see just how financially irresponsible these individuals were with their money.

The author of the article also offers a few tips to gain control of your money and help you with your savings. The most important tips are to live within your means (i.e. don’t spend more than you make) and pay your bills on time. Both of these can quickly spiral out of control if left unattended.

For more information on saving, visit Math & YOU.