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3 Money Tips We Can Learn From Michael Jordan

November 1, 2021 by Bautis Financial

Michael Jordan made millions playing basketball, but perhaps his greatest achievement was how he turned that into a multi-billion dollar empire.


While you’ll likely never play like Michael Jordan, you can invest like him. Here are three money tips from the greatest basketball player of all time.

  1. Manage your risk. Michael Jordan was never dependent on basketball for income. Jordan made $95 million playing basketball, but he’s worth over $2 billion. He accomplished this by nurturing multiple income streams.
  2. Control your spending. Jordan has been trying to sell his Chicago mansion for 7 years. Overspending on luxury can come with hidden costs like property maintenance and taxes.
  3. Big bets can pay off big time. Jordan invested $175 million in the Charlotte Hornets. They are now valued at over $1 billion.

You don’t have to be an NBA star to invest like one…

Category: Personal Finance, VideosTag: Finance Tips, Investing Tips, Michael Jordan, Money Tips
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