Financial Fumbles in the NFL: Football Players are just as Susceptible to Financial Infidelity
Football players are just as susceptible to financial infidelity – if not more so – as the rest of us. Financial fumbles made by football players has become an object of speculation, and confusion for some as recently discussed in USA Today (http://usat.ly/Ixvjq3). People may wonder how someone who makes so much money can struggle financially but money and relationship expert, Dr. Bonnie Eaker Weil says this is similar to the “lottery syndrome,” when people who win the lottery make poor financial choices because they’re not used to managing so much money. It’s not just about managing their money, people in this situation are overwhelmed by not having to struggle when it comes to money. They turn to a form of magical thinking, says Dr. Bonnie, and think everything will be fine.
(PRWEB) April 29, 2012
Football players are just as susceptible to financial infidelity – if not more so – as the rest of us.
Financial fumbles made by football players has become an object of speculation, and confusion for some as recently discussed in USA Today (http://usat.ly/Ixvjq3). People may wonder how someone who makes so much money can struggle financially but money and relationship expert, Dr. Bonnie Eaker Weil says this is similar to the “lottery syndrome,” when people who win the lottery make poor financial choices because they’re not used to managing so much money. It’s not just about managing their money, people in this situation are overwhelmed by not having to struggle when it comes to money. They turn to a form of magical thinking, says Dr. Bonnie, and think everything will be fine.
It’s especially unfortunate, she says, because money is the number one relationship wrecker and often leads to financial infidelity. In the book of the same name, Dr. Bonnie – who also wrote the book Adultery the Forgivable Sin – explains that financial infidelity happens whenever decisions about money are made without the input of the other person. “These ‘football financial fumbles’ (financial infidelities) are forms of cheating so subtle we don’t even realize we’re doing it. These fumbles are very common among football players and other people who come into wealth unexpectedly, because of the lifestyle they’re thrust into.”
It can also lead to another form of infidelity: adultery. Sexual infidelity is very high for football players, and unfortunately the wives of football players are privy to. This can all be connected together. Additionally, sleep becomes an issue when people are worried about money. With football players this can be particularly detrimental as they are more susceptible to injury when they’re tired.
Many people coming into wealth when previously they haven’t made a lot of money don’t have the education to know what to do about their increased finances. Not only do football players in this situation have to be careful of their own behavior and over-spending, they also have to watch out for people that will prey on their new-found, but ill-managed money. “Additionally,” says Dr. Bonnie, “they do have added expenses and may not know how to handle them.” Football players often faced increased medical bills due to their risky profession – treatment for injuries, concussions and so forth.
This is why it’s so important for the teams, players, and their families to learn how to plan properly. “It’s encouraging to see teams bring wives and families in to the training process,” points out Dr. Bonnie. Then not only can the team management see how the players interact with their significant others, they can help train the couple and better equip them for the life change they’re facing.
They’re encouraging the wives to also meet with the football players and financial planners to help stop the high incidence of bankruptcy and poor retirement planning that is commonly seen among this demographic. An issue specific to athletes involves having to also plan for medical care after retirement, when injuries previously sustained can need further treatment. It’s easy for football players to live in the moment, for the play, and to neglect future planning due to their “magical thinking,” it’s astute to have the NFL step in as a “check and balance.”
It’s imperative to have the Three P’s, says Dr. Bonnie: Prepare, prevent, and predict – the NFL is doing this more and more which is wonderful. They’re moving in a great direction for the financial and relational health of their players. Dr. Bonnie says the NFL is instrumental in minimizing and preventing adultery and financial infidelity within their organization for football players and their wives!
Text ADULTERY to 82257 to find out from Dr Bonnie if adultery or affairs may be looming in your relationship!
Interested in a few dating tips from internationally acclaimed relationship therapist Dr. Bonnie Eaker Weil? Text DATINGTIPS to 82257 to receive Tips and Updates from Dr. Bonnie!
Dr. Bonnie Eaker Weil’s best-selling book, Adultery the Forgivable Sin is being re-released under a new distributor and making its appearance available in eBook format and print on Amazon.com (http://www.amazon.com/Adultery-Forgivable-Bonnie-Eaker-Weil/dp/1587768151/ref=sr_1_1?ie=UTF8&qid=1321019076&sr=8-1). Adultery the Forgivable Sin was also made into a Lifetime Original Movie starring Kate Jackson.
Dr. Bonnie Eaker Weil, PhD, is also author of the 2010 New York Times Reader´s Choice Award-winning book Make Up Don´t Break Up with accompanying DVD. Dr. Bonnie is a marriage counselor treating couples, singles, and step families. She works with those considering breaking up, people who have committed adultery, and couples who want to strengthen their relationships damaged by resentment or unresolved anger, teaching people to “fight” to increase passion, bring back magic and restore the sizzle.
As a marriage and family therapist, Dr. Bonnie teaches Smart Heart Dialogue along with intimacy, communication, and connection tools, and counsels families and children.
Named the Best Local New York Therapist by the US Commerce Association two years in a row (2011 and 2012) and known as “The Adultery Buster” and the “No. 1 Love Expert,” she is the best-selling author of other books like Can We Cure and Forgive Adultery?, How Not to (S)mother Your Man and Keep a Woman Happy, and Financial Infidelity: Making Money Sexy.
Dr. Bonnie was named by Psychology Today and NY Magazine as one of America’s Best Therapists and is presently featured and available now on the Discovery Health/Oprah Winfrey Network documentary titled “Unfaithful” (http://bit.ly/GSP0KB) and A&E on addictions. The San Francisco Chronicle, which interviews Dr. Bonnie regularly, voted her one of their love experts.
Also find her on Good Morning America, on the Today Show’s three-day series on infidelity, The Oprah Winfrey Show five times, and a four day series on Fox TV regarding dating. She appears frequently on ABC, Fox, CBS and NBC News, The View, 20/20, and CNN; and is often featured in USA Today and the New York Times. Visit Dr. Bonnie at http://www.DoctorBonnie.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/4/prweb9453256.htm