In this episode of Becoming with Angelina Watkins, she highlights Chad Johnson’s money habits that has allowed him to keep 83% of his wealth from the NFL.

Chad Johnson is a former NFL player who spent 10 years of his 11 seasons playing for the Cincinnati Bengals. In an interview on the Club Shay Shay podcast, Chad sat down with Shannon Sharpe and talked about wealth. He shared that he has been able to keep 83% of his wealth by being fiscally responsible and educating himself on how money works.

Chad Johnson made millions from playing in the NFL and endorsement deals. However, it may come a surprise to many to hear that he still has much of what he made in a time when we hear about so many athletes that go broke many years after they retire from the game. So how has Chad Johnson been able to keep his millions and live a comfortable life after retirement? By controlling his spending.

In the interview, Chad talks about how his first year in the NFL he didn’t splurge; he didn’t even buy or lease a house. He stayed at the stadium because it had all the amenities he needed including shower, cafeteria, TV and gaming systems. Why go spend money you don’t have to spend? He wore fake jewelry from Claires, doesn’t eat at five start restaurants, and flew Spirit instead of a private jet. He even talked about working a short time for Morgan Stanley to learn about investing. But building and keeping wealth doesn’t mean you can’t enjoy the life that wealth brings.

After many years of being fiscally responsible, there are times he splurges on the family, buys the lady in his life real jewelry, buy the children designer clothes, and leaves hefty tips at the restaurant. Why? Because he can. Build the wealth, keep the wealth, and let the wealth pay for your lifestyle.

Episode Outline
[00:00] A sneak peak into the episode
[00:20] Music intro
[00:28] Introduction
[01:04] Chad Ochocinco Johnson keeps 83% of his wealth
[03:21] Where did the money go?
[06:36] Financial literacy
[08:34] Control your spending
[10:43] Maintaining he lifestyle
[12:29] Enjoy life
[14:17] Your name is more valuable
[17:30] Closing

Where you are is not where you have to be. Your past does not define you, YOU define you.

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Path to Prosperity: 17 Secrets to Building Wealth You Can Start Today
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FOLLOW THE HOST
Follow Angelina Watkins on IG: https://www.instagram.com/becomingangelinawatkins/
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PODCAST MUSIC
Intro/Outro Music Title: So Magnificent
Artist: IG @ https://www.instagram.com/cgreenblues/