Dwyane Wade’s Smart Moves To Manage His Money

Dwyane Wade and Gabrielle Union, Photo: Creative Commons (CC BY-ND 2.0)

Dwyane Wade may have made more than $196 million during his NBA career with the Miami Heat and other teams, but he still sticks to a budget.

The media is full of stories about celebrities and pro athletes who can’t handle their money, so Wade’s experience shows us it doesn’t have to be that way.

In a profile with CNBC, the much-loved former Miami Heat player shows that he applies to his finances the same discipline and winning strategy that made him a star on the basketball courts.

Wade shared that he meets with his financial advisor quarterly, watches his budget, and works hard to make his money last.

Wade retired at age 37 from a 16-year career in basketball. Last week, he announced he’s becoming a part owner in the Utah Jazz NBA franchise, a smart move that should help him grow his retirement portfolio in the years ahead.

About Mari Adam

Mari Adam, Certified Financial Planner™ has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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