Dwane Baird

Iman Shumpert says having kids is what really drains athletes' money. Iman Shumpert: Another thing... when y'all having y'all kids, moms be having hella kids, but it's like... they're court system kids. “While you're playing, that baby mama is draining your account every month, but you don't even see it because you're still playing. “The moment you stop... you're going to start feeling it.” Interviewer : If you're making $40 million a year, $20,000 or $30,000 a month doesn't feel like anything. Then you've got private school tuition on top of that. Iman Shumpert: I do numbers really well. I saw that Odell quote, and I don't think he was talking about himself. “He was just saying he understands how people mess that kind of money up.” “But the one thing he didn't talk about... is the kids, bro.” “That's the real wrinkle. You can live however you want while you're playing, but once you start having them kids, money keeps going out every month. “Then after you're done playing, you're not making as much anymore... and now you really feel it leaving. Interviewer: And then you've got to pay the attorneys... yours and hers. Iman Shumpert: Yeah... that's what I'm saying. Interviewer: And then the house. You love your mom and dad, but don't go buy them a $3 million house. That's a lot of upkeep. “When you're making that kind of money, you don't miss it. “But when money keeps going out... and nothing's coming in...” “Just keep pouring it out and don't put anything back in... you'll see how fast it goes. You're going to be pissed. That's what people don't realize

Ten years ago the mortgage rate was 3.5% and the average new home cost $350,000. Today the rate is 6.5% and the average new home costs $540,000.

$MU $NVDA $META $MSFT Don't overthink it.