On the heels of LearnVest’s latest research on financial confidence, the company has launched a new campaign called #ConfidenceLooksGoodOnYou, asking well-known spenders and savers how they deal with their money.
First up: Houston Texans running back Arian Foster, who is currently in the middle of a five-year, $US43.5 million contract.
When asked about the best money he ever spent, Foster points to his mum:
My best money spent is …
When I told my mother she can finally retire. I had promised her at 7 years old that one day she wouldn’t have to work anymore and in 2012, it happened.
He also echoes popular sentiment about his least favourite way to spend:
I most hate spending on …
Taxes. I understand the importance of it, but I would feel much better if I had a say in how my tax money is spent.
Foster goes on to pinpoint his favourite splurge: “My piano and studio equipment. Writing, producing, and making music is the best talent I have.” And he shares his best money habit: “Saving (paying myself first), then living on a strict budget. I am disciplined in my spending.”
Read the full interview at LearnVest.
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