AthletesWhen I was younger I used to watch a lot of TV. On many of the shows people spent a lot of money for no reason. I rarely heard stories of people being frugal or saving money. People would buy things because they felt like they needed it or they were trying to keep up with those darn Joneses. Then the recession happened. People stopped their crazy spending habits and started looking for ways to be frugal.

The recession has been over for a few years now. A lot of folks remember what it did to their income. It affected everyone from teachers to athletes. These days you find more and more people being frugal including athletes. Today, I want to showcase a few athletes that are being frugal with their money.

Rob Gronkowski

Rob Gronkowski is a tight end for the New England Patriots. Over the last 6 years, Gronkowski has made over $11 million in the NFL. He hasn’t spent any of that money. Instead, he lives off of money that he’s made from endorsements. A few of the companies that he has endorsements with are Dunkin Donuts, Body Armor Super Drink, and Zynga.

Kirk Cousins

Kirk Cousins is the starting quarterback for the Washington Redskins. He is also one of the most frugal players in the NFL. Cousins just finished a four-year rookie contract that paid him a little more than $2.5 million over four years. He still lives a very frugal life even though he’s a millionaire. Cousins still drives a 16-year-old GMC Savanna passenger van that he received from his grandparents. He also still wears free clothes that he received when he attended Michigan State University. During his rookie year, a couple of his teammates helped him move into his apartment. He stated that he didn’t hire a mover because he was cheap and frugal.

A.J. Francis

A.J. Francis is a defensive tackle for the Seattle Seahawks. He made nearly $500,000 last season but has decided to work as an Uber driver during the offseason. He wanted to supplement his income since he doesn’t get paid during the offseason.

Alfred Morris

Alfred Morris is the starting running back for the Washington Redskins. He just finished a 4 year $2.2 million contract, but he still drives a 1991 Mazda 626. He drove his car from Boca Raton, Florida to D.C. after he was drafted to the Redskins. Mazda even refurbished his car for him free of charge because of the positive publicity his story received.

Ryan Broyles

Ryan Broyles is a free agent wide receiver. He previously played for the Detroit Lions. Ryan made over a million dollars in 3 years. He lives like he’s only making $60,000 per year. He pays off his credit cards each month. He also doesn’t have cable TV.

Ryan Kerrigan

Ryan Kerrigan is an outside linebacker for the Washington Redskins. There must be something good in the water in DC because he is the third Redskin on this list. Kerrigan signed a deal last August that will pay him $57.5 million for 5 years. He still drives a 2011 Chevy Tahoe. Something else that’s interesting is that he still has a roommate.

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Jason Butler is an Atlanta native, as well as businessman, blogger and teacher. Not only is Jason a prolific flipper, marketer, writer and side hustler his number of years in higher education and student support have given him expert knowledge in understanding the economics of the student loan industry.


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Avatar photo About Jason Butler

Jason Butler is an Atlanta native, as well as businessman, blogger and teacher. Not only is Jason a prolific flipper, marketer, writer and side hustler his number of years in higher education and student support have given him expert knowledge in understanding the economics of the student loan industry.

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Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

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