EPISODE · Jun 15, 2026 · 32 MIN
Everything Counts | Sport's Edition wrapped: Financial literacy and sport
from Investec Focus Radio SA · host Investec
Professional athletes can earn life-changing money before the age of 30. So why do so many still struggle financially after retirement? In this episode of Everything Counts: Sport's Edition, Motheo Khoaripe quizzes former Springbok and Investec head of Sports, Schalk Brits, financial adviser Vumi Dludlu, and Wealth Manager Moses Bokaba on the financial realities athletes face behind the scenes. From sudden wealth and career-ending injuries to family pressure, lifestyle inflation and planning for life after sport, the conversation explores the money challenges that don't make the headlines. Whether you're a professional athlete, entrepreneur or simply trying to make smarter financial decisions, the lessons in this discussion apply far beyond sport. In this episode: ✔ Why earning more doesn't automatically create wealth ✔ The biggest financial mistakes athletes make ✔ How to prepare for retirement while still competing ✔ Managing pressure from family, friends and lifestyle expectations ✔ Building a trusted team of financial experts ✔ Turning short-term income into long-term wealth 00:12 Introduction 01:50 Why athletes need to prepare financially for retirement 04:10 The role of financial advisers in an athlete's career 07:00 The psychology of money management in professional sport 09:30 Building the right financial team 11:12 Managing wealth during a limited earning window 15:00 Making your money work harder through investing 16:24 Why financial literacy matters in sport 18:07 Discipline in sport versus discipline with money 19:31 Avoiding common financial mistakes 23:00 Managing social and lifestyle spending pressures 25:07 The impact of financial stress on performance 26:58 Estate planning and family financial conversations 28:22 Managing local and international income streams 30:25 Long-term financial planning for athletes 32:20 Conclusion Investec Focus Radio SA
What this episode covers
Professional athletes can earn life-changing money before the age of 30. So why do so many still struggle financially after retirement? In this episode of Everything Counts: Sport's Edition, Motheo Khoaripe quizzes former Springbok and Investec head of Sports, Schalk Brits, financial adviser Vumi Dludlu, and Wealth Manager Moses Bokaba on the financial realities athletes face behind the scenes. From sudden wealth and career-ending injuries to family pressure, lifestyle inflation and planning for life after sport, the conversation explores the money challenges that don't make the headlines. Whether you're a professional athlete, entrepreneur or simply trying to make smarter financial decisions, the lessons in this discussion apply far beyond sport. In this episode: ✔ Why earning more doesn't automatically create wealth ✔ The biggest financial mistakes athletes make ✔ How to prepare for retirement while still competing ✔ Managing pressure from family, friends and lifestyle expectations ✔ Building a trusted team of financial experts ✔ Turning short-term income into long-term wealth 00:12 Introduction 01:50 Why athletes need to prepare financially for retirement 04:10 The role of financial advisers in an athlete's career 07:00 The psychology of money management in professional sport 09:30 Building the right financial team 11:12 Managing wealth during a limited earning window 15:00 Making your money work harder through investing 16:24 Why financial literacy matters in sport 18:07 Discipline in sport versus discipline with money 19:31 Avoiding common financial mistakes 23:00 Managing social and lifestyle spending pressures 25:07 The impact of financial stress on performance 26:58 Estate planning and family financial conversations 28:22 Managing local and international income streams 30:25 Long-term financial planning for athletes 32:20 Conclusion
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Everything Counts | Sport's Edition wrapped: Financial literacy and sport
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