Module Key Topic

Personal financial planning is affected by several macroeconomic factors. Therefore, when student-athletes plan their financial lives, they should take into account conditions in the wider economy and in the markets that make up the economy. Since student-athletes may be signing their first professional contract soon it is important that they learn some basic information about contracts and how taxes affect their income. The module is divided into eight separate sessions with each session addressing a key area of the module’s theme.

Module Learning objectives

• It is important to develop your own understanding of the economy and the factors shaping it and have an idea of where the economy is headed so that you can plan your finances and your career accordingly.
• There are several indicators of financial health through which you can understand the trends of the economy.
• Despite the fact that most sports contracts are negotiated by sports agents, athletes should have a general knowledge of the contract terms and how they affect them and their finances.
• Taxes affect your take-home pay; a basic knowledge of taxes along with the right advice from a suitable tax professional can result in substantial tax savings.

Module Time Frame

Each session video runs an average of 7 to 8 minutes and students will need approximately another 10 minutes to complete the session exercises.

Materials given with purchase

• Access to teaching videos for each session of the module.
• Downloadable student workbook for each session of the module.

Session Completion

Each session will need to be completed to allow the student to go to the next one. Upon completion of the entire module, the student will receive a certificate of completion.