As a student-athlete earning NIL income, it can be tempting to think only about the present—new gear, travel, or everyday expenses. But one of the smartest moves you can make with your money is to put some of it to work for your future. The key? Compound interest. Compound interest is like the ultimate teammate […]
As a student-athlete, earning money through Name, Image, and Likeness (NIL) deals is an incredible opportunity. But once that money hits your account, you face an important decision: how should you invest it? Should you focus on short-term goals, like saving for a car or extra expenses during school? Or should you think bigger and […]
Since the NCAA introduced Name, Image, and Likeness (NIL) policies, student-athletes across the country have enjoyed unprecedented opportunities to monetize their personal brands. Endorsements, sponsorships, social media partnerships, and merchandise sales are now lucrative avenues. However, with these opportunities come substantial tax responsibilities. Here’s why every student-athlete earning NIL income should partner with a tax […]