While unemployment continues to stand frustratingly above 9%, millionaire professional athletes and the billionaire team owners can’t seem to get along. Despite the fact that billions of dollars stand to be lost on both sides, the NFL is currently in lockout. The NBA draft just occurred in June, but those new players can’t integrate with their teams due to an impending lockout. One has to wonder if these leagues miss their next seasons, will they suffer the same consequences as Major League Baseball after the 1994-1995 strike? (Attendance dropped 20% in the following season and the fans that did show up consistently booed.) [Editor: The baseball strike did usher in the age of steroids where 40 HR seasons became common. That was good, right?]
While you ponder the problems of millionaires, why not catch up on some reading so you can become one of them without picking up a football?
New York Times | Financial Advice Gleaned From a Day in the Hot Seat
The Digerati Life | Credit Card Survey Shows the Positive Side of Plastic
Broke Professionals | How to save money – 1000+ ideas from the Yakezie Network
Good Financial Cents | How to Buy Stocks for Your Kids
RothIRA.com Retirement Planning Blog | A Guide to Borrowing From Your 401k
Frugal Dad | Outsourcing Household Chores: Cost-Effective Move or the Ultimate In Anti-Frugal?
Moolanomy | Food Assistance: Could You Survive On It?
Wise Bread | Massive List of Things to Do While Watching TV
Bargaineering | Garage Sale Tips for Finding Hidden Gems
CreditCards.com | Is having good credit overrated?
Canadian Personal Finance Blog | What is Your Financial Plan B?
Dough Roller | Should You Rollover Your 401k to an IRA?
Broke Professionals | How to save money – 1000+ ideas from the Yakezie Network
Free from Broke was featured in the following carnivals:
Best of Money Carnival #110 | thejennypincher.com
Carnival of Personal Finance #316- Family Edition | Prairie EcoThrifter.com
Festival of Frugality #287: The Independence Day Edition | Live Real, Now | Live Real, Now
Independence Day Totally Money Blog Carnival! | Funny about Money
Yakezie Carnival: Independence Day Edition — Narrow Bridge Finance
{ 4 comments… read them below or add one }
It’s a shame that the players and owners can’t come to a reasonable solution. I think that if any games are canceled, the league will lose a lot of fans and respect given the economic situation in the country. A lot of ill will is likely to result.
I agree. Though I think the owners should still have a season and use whomever they can find to play. In fact, they should only use people that haven’t played in any professional way or even in college. The owners could make a killing. Throw in a reality series were average guys try out for these teams, it could be fun. Honestly, I’m sick of ‘roided out players that don’t seem human anymore.
Its economy, some will earn more than others, the people who earn more, spends more and many people gets benefited by that spend. eagerly waiting for the outcome I am huge football fan
Thanks for the weekend reading list. Good think we still have Major League Baseball and the Women’s World Cup to watch!