#51 After the Glory Days: Post-Olympics lessons in personal finance
Emily and Amanda discuss what we can learn about personal finance from the recent summer Olympics in Paris. One thing about athletes is that they know there will be a peak performance and that they’ll have to adjust their career afterwards. What about regular people? Most don’t recognize when they’re at their peak earning potential. Life happens – you have a baby, you lose a job, you burnout on your career. We might not know when we peak, but we do know that if you are a high earner, you may not stay one. If you plan now for when life throws a monkey wrench in the works, then you’ll be better able to pivot when the change comes.
Additional Resources:
1. To Go for the Gold, These Olympians Went Into the Red
2. U.S. Olympic gold medalist Lauryn Williams went from $200,000-a-year to $12-an-hour internship
3. The Economics of Hosting the Olympic Games