Charles Barkley Talks 80% of Professional Athletes Going Broke | CLUB SHAY SHAY

Sdílet
Vložit
  • čas přidán 4. 05. 2024
  • Charles Barkley Talks 80% of Professional Athletes Going Broke
    "When you 55, how much money are you going to have left? That's the key."
    #clubshayshay #charlesbarkley #broke
    Buy LePortier: leportiercognac.com/products/...
    SUBSCRIBE to get the latest Club Shay Shay content: czcams.com/users/ClubShaySha...
    Listen to the Club Shay Shay podcast on Apple Podcasts: podcasts.apple.com/us/podcast...
    Listen to the Club Shay Shay podcast on Spotify: open.spotify.com/show/060hDdn...
    Like Club Shay Shay on Facebook: / clubshayshay
    Follow Club Shay Shay on Twitter: x.com/clubshayshay?s=21&t=PF1...
    Follow Club Shay Shay on Instagram: clubshayshay?ig...
    Follow Shannon Sharpe on Twitter: x.com/shannonsharpe?s=21&t=PF...
    Follow Club Shay Shay on Tik Tok: www.tiktok.com/@clubshayshayp...
    About Club Shay Shay:
    Club Shay Shay is a weekly podcast hosted by Shannon Sharpe - 3x Super Bowl champion, member of the Pro Football Hall of Fame and co-host of First Take on ESPN. Each week Shannon will sit down with athletes, celebrities and influencers to break down, analyze and discuss the latest headlines in sports, pop culture and everything in-between. Get on the VIP list at Club Shay Shay NOW and never miss an episode!
    Charles Barkley On MJ vs Scottie Pippen, Marcus Jordan & Larsa Pippen, Shaq vs Kendrick Perkins | EP. 121
    • Charles Barkley On MJ ...
    Club Shay Shay
    / clubshayshay

Komentáře • 1,2K

  • @Chid098
    @Chid098 Před 22 dny +484

    Fast money builds ego, slow money builds character. This is a underrated blessing we normal people have compared to athletes, entertainers etc. Its hard enough to maintain budgeting and financial discipline as a 9-5 now imagine as an "overnight" millionaire.

    • @maevethefox5912
      @maevethefox5912 Před 19 dny +22

      I went from really poor to fairly wealthy pretty much overnight a decade ago (not pro Athlete wealthy but top couple percent income) and holy heck it took me several years to stop spending every paycheck like it was the last dollar I'd ever get. And that's in a career where I can theoretically keep working for 40 years, if I had been on a sports salary where you're making most of your lifetime income in a few years I'd have ruined myself.

    • @poopshoes7579
      @poopshoes7579 Před 18 dny

      Fast money brings slow problems

    • @victorhopper6774
      @victorhopper6774 Před 17 dny +8

      @@maevethefox5912 actually pretty normal thing. just being able to do what you want. thing is steak becomes no more value than beans if you eat it every day.

    • @Dividendflywheel
      @Dividendflywheel Před 16 dny +4

      You are absolutely correct.

    • @kknn523
      @kknn523 Před 12 dny +4

      Average iq of sports professionals is 85iq.

  • @natekong3596
    @natekong3596 Před 20 dny +376

    The key to this conversation is: stop wasting money trying to impress other people. Be it cars, watches, jewelry etc. Impress them with what you do for a living. Impress them with your accomplishments in life.

    • @wmp3346
      @wmp3346 Před 15 dny +10

      Great advice for anyone

    • @JJ-mh3hb
      @JJ-mh3hb Před 15 dny +11

      "Impress them with what you do for a living"
      Bad advice imo.

    • @Mr_Zzzeee
      @Mr_Zzzeee Před 14 dny +23

      Or just simply stop caring about what others think of you, at all. Ez pz.

    • @MauriceB-zn5pv
      @MauriceB-zn5pv Před 13 dny +14

      Impressing them is temporary. Always be grounded. One bad rumor or failure and everyone will turn on you so quick.

    • @shawnwright5332
      @shawnwright5332 Před 13 dny +1

      👍🇨🇦

  • @amanikaji6326
    @amanikaji6326 Před 22 dny +416

    The first time you tell them NO! That is what they remember. My uncle helped so many people finish higher education, payed for school and housing but as soon as he retired and started telling people no! They all started talking beyond his back and saying he was a bad person.

    • @Dividendflywheel
      @Dividendflywheel Před 16 dny +28

      Be true to yourself. People are always looking for other people to subsidize the pain of laziness, idleness or carelessness. Your uncle is better off without those people in his life. Flees Ticks and Leeches are blood sucker’s (some folks are the same)

    • @peter-pg5yc
      @peter-pg5yc Před 14 dny +3

      Me i aint no bank

    • @Me97202
      @Me97202 Před 13 dny +20

      JUST had this happen to me. Been helping people in my retirement community for years, said no for the _first time_ a couple of days ago. Now I’m being shunned. F them.

    • @quentinwestbrook4
      @quentinwestbrook4 Před 13 dny +2

      Be nice to people deserve it.

    • @aquabluesweater9014
      @aquabluesweater9014 Před 13 dny +8

      You probably dont want to be associated with people with that attitude anyway so that should actually be a blessing in disguise.

  • @bobdrago6965
    @bobdrago6965 Před 12 dny +142

    We had a 15 year MLB shortstop for the SF Giants living 5 houses from us. He was a 6 time All Star. We lived in a typical suburban neighborhood, nice homes but not gated or snooty. Met him walking his dog. Great guy. 3 nice kids, drove regular cars, talked regular talk. I think his last contract was in the multimillions. Smart man.

    • @fademan77
      @fademan77 Před 11 dny +17

      Keeps his head down and looks after his family. A real man

    • @ronniebartkoviak5473
      @ronniebartkoviak5473 Před 10 dny

      If they go broke after having millions and millions they are morons and get what they deserve. I could live rest of my life with 1.5 million.

    • @niffirg2328
      @niffirg2328 Před 9 dny +4

      Brandon Crawford?

    • @baxakk7374
      @baxakk7374 Před 9 dny +4

      Imagine if a criminal finds out who he is, lots of trouble. He has to live in a gated community. Being vulnerable like that is not smart.

    • @billblaski9523
      @billblaski9523 Před 7 dny

      ​@@baxakk7374lol what? Just cus someone rich don't mean they have a bunch of cash in their house

  • @dionguthrie4021
    @dionguthrie4021 Před 20 dny +168

    As a guy entering his 40’s I’m so thankful for podcasts like this. So much knowledge is being given if you just listen. 🙏🏽

    • @igit_7296
      @igit_7296 Před 15 dny +6

      I don’t mean to be insulting, but I find it very strange that you’re entering late middle life and don’t understand the idea of putting away money.
      Nothing Charles Barkley is saying is very groundbreaking… I just have to conclude that athletes are kind of stupid.

    • @windtalker4191
      @windtalker4191 Před 15 dny

      @@igit_7296 Better now than never. Anyway, most Americans likely heard and understand it, but many never really take the time to think about it or go through and work on saving or investing. Even now, Millions of Americans who are 65+ and eligible to receive Social Security checks have no savings or investments.

    • @donaldcornwell1151
      @donaldcornwell1151 Před 15 dny +5

      Public schools need to start teaching this stuff. I didn't know anything about money and nobody in my family did either. I was fortunate that some older men that I worked with, took me under their wing and coached me up to speed on how to NOT be broke. It's never too late to turn it around. I did and you can too.

    • @dionguthrie4021
      @dionguthrie4021 Před 14 dny +5

      @@donaldcornwell1151 I think high school is too early for most, most kids don’t pay attention to anything in high school.

    • @juliustaylor9920
      @juliustaylor9920 Před 11 dny

      ​@@igit_7296instead of not trying to be insulting (i know u werent trying to) try being more open minded. U dont know what everyone goes through, or what they're taught during their upbringing.

  • @cherylrleigh1912
    @cherylrleigh1912 Před 23 dny +713

    Ulysses Lee "Junior" Bridgeman (born September 17, 1953) is an American businessman and former professional basketball player. Bridgeman played in the National Basketball Association (NBA) for twelve years from 1975 until 1987, beginning with the Milwaukee Bucks. Bridgeman is the current owner of Ebony and Jet magazines. Despite never making more than $350,000 a season during his NBA career, Bridgeman has a net worth of over $600 million, making him one of the wealthiest former athletes in the world. Source Wikipedia

    • @erikrichards5072
      @erikrichards5072 Před 23 dny +33

      That's up there with Roger Staubach. Most impressive!

    • @richiebee1984
      @richiebee1984 Před 23 dny +1

      FORMER PISTON AND DETROIT MAYOR DAVE BING IS A BILLIONAIRE!!

    • @truthspoken9456
      @truthspoken9456 Před 23 dny +15

      Louisville,Ky stand up!!!

    • @the1truth420
      @the1truth420 Před 23 dny +15

      Bot comment. Jerry Jones owns the Dallas cowboys . Started as a player. Billions

    • @alanaldpal950
      @alanaldpal950 Před 23 dny +27

      He invested in Wendy’s Franchises and owns over 160 Wendy’s restaurants among other investments.

  • @hawlikd
    @hawlikd Před 23 dny +338

    Compound Interest is your BEST friend!

    • @desiv1170
      @desiv1170 Před 22 dny +16

      Exactly! Just went to an online compound interest calculator. Threw in an initial $100k and said no further money added and assuming an 8% return. After 40 years, that's over $2M!
      Historically, the S&P has averaged 10%, so I went with 8%.
      Now, that doesn't take into account inflation; $2M won't be what it is now in 4o years.
      And an athlete is likely going to need money to live on well before 40 years, but it is just to show how important compound interest is... But you need to let it grow. Don't touch it. Don't pull money out of your retirement for emergencies, because your future is also an emergency...

    • @Polo22546
      @Polo22546 Před 22 dny +1

      FACTS!!!

    • @tongandude06
      @tongandude06 Před 22 dny +11

      Or your worst enemy when it’s compounding in debt like a high interest credit card. Why you have to pay more than the minimum

    • @SharkOrDie
      @SharkOrDie Před 21 dnem +3

      Albert Einstein said it’s the 8th Wonder of the World! 💪🏾🤑

    • @chinaexpat1827
      @chinaexpat1827 Před 21 dnem +4

      OR YOUR WORST ENEMY

  • @kidpeligro7878
    @kidpeligro7878 Před 23 dny +301

    So much practical wisdom in this clip. Especially the part when Chuck said no matter how much you took care some people the moment the first time you said "No" they will hate you for it. I saw this happen a lot in real life.

    • @poliquitit
      @poliquitit Před 22 dny +14

      This is so true in my own life, and I’m not even close to being rich 😂

    • @albertjiminez1144
      @albertjiminez1144 Před 21 dnem +13

      This is true and you dont have to be a millionaire for it either.

    • @souljah37
      @souljah37 Před 21 dnem +4

      Same here. I was broke and it happened to me. Lol

    • @victorhopper6774
      @victorhopper6774 Před 17 dny +3

      only low class people would be that way.

    • @bartsullivan4866
      @bartsullivan4866 Před 13 dny +5

      Made me think of lottery winners or anyone who came into a large chunk of money. Suddenly cousins who didn't know you existed want to be your best friend.

  • @jamescottone9882
    @jamescottone9882 Před 23 dny +119

    Barkley tells the same stories in every interview. I watch all of them so I can retell all of them. He is a national treasure.

    • @coolpadlegacy840
      @coolpadlegacy840 Před 22 dny +3

      Yes, it's wisdom that keeps giving and giving to those who listen and apply it.

  • @c523jw7
    @c523jw7 Před 21 dnem +49

    Dr J. Pure class, gave Charles great advice.

    • @robrig55
      @robrig55 Před 12 hodinami

      Some young players isnt able to understand, willing to listen and able to take in what Dr J said. That's a very big difference as well

  • @RogunK
    @RogunK Před 23 dny +167

    "I can't see the rims when I'm in the car" You also can't see the car when you are in the car.

    • @Honeycomblife
      @Honeycomblife Před 22 dny +12

      You can see the interior and Everytime you walk up to it lol

    • @yangasidziya3245
      @yangasidziya3245 Před 21 dnem +5

      But the haters can 😂

    • @rocketboyhaful
      @rocketboyhaful Před 20 dny +8

      You don't buy the car so you can see the car while driving. You buy the car to go from point A to point B... The rims are nothing more than a cosmetic accessory

    • @marecare223
      @marecare223 Před 19 dny +3

      The interior is part of the car. You are wrong sir.

    • @jayg5650
      @jayg5650 Před 13 dny +3

      lol even if you were blind and backseat-riding, you can sure feel and smell that leather and wood

  • @JDRusse11
    @JDRusse11 Před 23 dny +27

    It’s not about the money coming in,
    it’s about the money going out 💸

  • @Brian-uy2tj
    @Brian-uy2tj Před 10 dny +6

    About 50 years ago I read the following little pearl of wisdom in Mike Mailway's trivia column,
    "It is far less expensive if you learn while you are young, that all in life is vanity, it is people buying things they don't need, with money they don't have, to impress people they don't even like."
    Words to live by.

  • @TheRichardF10
    @TheRichardF10 Před 8 dny +14

    “I can’t see the rims while I’m in the car” was hilarious.

  • @jgcondron
    @jgcondron Před 23 dny +115

    Chuck would easily have been one of them if he was solely reliant on his basketball earnings. Losing 25m to gambling is not smart. That's more than his basketball earnings after taxes and fees.
    If not for TNT and his charisma he'd be one of the 80%.

    • @Cdub177
      @Cdub177 Před 23 dny +17

      You are correct because Barkley owed a Casino money and they went public because he wouldn't pay. They threatened to ban him if he didn't pay his debt, so TNT definitely saved him.

    • @maicolc7216
      @maicolc7216 Před 22 dny +4

      He's a good dude

    • @donyadavis4857
      @donyadavis4857 Před 13 dny +3

      He has Nike too

    • @williampremo2197
      @williampremo2197 Před 12 dny +12

      And he learned from his mistake. He's dropping great knowledge.

    • @athos5761
      @athos5761 Před 11 dny +3

      I guess that's how he learned

  • @leetraviusmckay314
    @leetraviusmckay314 Před 23 dny +380

    "u still eat pig feet? I do" 😂

    • @michaelyoon9355
      @michaelyoon9355 Před 22 dny

      Pig feet is awesome and tender.

    • @Polo22546
      @Polo22546 Před 22 dny +7

      😂😂😂

    • @davewang202
      @davewang202 Před 22 dny

      Hey, Chinese people pay more for pig ears and pig feet. Them's delicacies. Why you complaining? 🤣

    • @IAmtells
      @IAmtells Před 22 dny

      Scrap they used to give in slave people🤷🏾‍♂️🤦🏿‍♂️

    • @butteryflakycrust4864
      @butteryflakycrust4864 Před 22 dny +9

      Eh HE HEHEHEHEHEHE!!!

  • @LesterMoore
    @LesterMoore Před 18 dny +12

    Got a 2008 Cadillac DTS sedan brand spanking new. Still have it. Always up on maintenance and if dealer service representative says something may need to be replaced or kept an eye on ... I say, "Replace it now." Also do preventive maintenance and have it dealer detailed every year, inside and out including the engine well area.
    Looks and runs so smooth it can barely be heard. Not a month goes by when I don't find notes with offers to buy it.
    Nope. No need to replace this fine automobile with a new one and monthly payments. Bought this one new with savings and buy most things. (Refrigerator wadher/dryer, oven/stove) etc in cash.
    I recommend to everyone to save, invest and be wise with your purchases. You'll be comfortable and happier in old age.

  • @dpaelliott
    @dpaelliott Před 11 dny +21

    Baby’s mommas are killing today’s athletes.

    • @jellyfish1969
      @jellyfish1969 Před 3 dny +6

      Problem solved by not getting anybody pregnant in the first place.

    • @christinadolan119
      @christinadolan119 Před 2 dny

      Keep that personal appendage in your pocket or wear a condom.

    • @slickchick5811
      @slickchick5811 Před dnem +1

      stereotypes are killing brain cells

    • @chey6073
      @chey6073 Před 23 hodinami +1

      The fact that you’re placing the blame on the women is wild (but not surprising)

    • @Jeff-sp7bg
      @Jeff-sp7bg Před 14 hodinami

      Not a sterotype. Facts

  • @truthseeker7649
    @truthseeker7649 Před 23 dny +62

    All these young professional athletes should be taught money management and finance by each professional league, as well as how to deal with women who might want to take advantage of them financially…and I say this as a woman!!!

    • @g.t.richardson6311
      @g.t.richardson6311 Před 14 dny +2

      They do

    • @ronaldkonkoma4356
      @ronaldkonkoma4356 Před 13 dny +2

      He's right, they do
      Because of the athletes that went broke 40, 50 years ago
      "Boys will be boys" spends some time talking about the lifestyle and how the guys who don't fall into it are better off in the long run.

    • @nicolewoods1701
      @nicolewoods1701 Před 12 dny +3

      They do but unfortunately the majority of them don’t listen. Its sad.

    • @n1r0l
      @n1r0l Před 12 dny

      I always thought if I was a sports agent I would take my superstars to the sperm bank and then to get a vasectomy. 18 year sentence with a ball and chain for a few minutes of fun is poor math.

    • @billblaski9523
      @billblaski9523 Před 7 dny +2

      Word when these athletes first enter the league, they all gotta go thru the Rookie Emposium, they learn all about that stuff, it's just who chooses to listen and apply it

  • @Anthony-nd6vk
    @Anthony-nd6vk Před 23 dny +219

    Between Dr. J and Moses Malone, Chuck had some really strong, positive influences who made him the guy we all like today. You can tell, he deeply appreciates those two for the mentorship they gave him - the different perspectives he never had before that helped him right the ship and become the Hall of Famer he is.
    Same type of things happen today. Rooks need vets, and all teams should have a seasoned, certified professional vet or two for the good of the team and younger players.

    • @jarellbrown6974
      @jarellbrown6974 Před 23 dny +6

      Man you are so right about that cause chuck really had some major influences in his life and even in his hall of fame speech he spoke on Moses Malone when he was like he taught him how to be a man and also showing him how to dress proper and also helping him get in shape as a chubby rookie and then he asked him why am I not getting the play and then Moses response was the reason why you not getting the play is because you fat and you lazy😂 then he spoke on Dr j as well during another moment I believe on tnt as a rookie being in the locker room nervous scared to approach him and he was like I don't know if I should called him Dr. J Mr. Erving or Julius and then as charles was sitting down In the locker he walks over to him felt his hand palm over his shoulder and then says how you doing big fella im doc and walks away and then Charles said that's it all that nervousness for nothing went all away😂

    • @sellomashapo3595
      @sellomashapo3595 Před 23 dny +5

      Sadly most vets think like Gilbert Arenas, good luck with that.

    • @Anthony-nd6vk
      @Anthony-nd6vk Před 23 dny +1

      @@sellomashapo3595 errr Arenas retired 12 years ago. Vets now were rookies as he left the league.
      No idea what you’re talking about actually, Arenas is a peak troll who will say anything for attention, who underperformed the potential of his career.
      Name even 3 current vets in the league who fit that bill, the idiocy, and racism of Arenas 🤔

    • @ER1CNOIR
      @ER1CNOIR Před 23 dny +1

      @@sellomashapo3595Gilbert Arenas? They said vets not people that been retired for decades 🤦‍♂️

    • @Polostar79
      @Polostar79 Před 23 dny

      The vets today trying to stunt harder than the rooks. They aren’t passing on the knowledge like in the past.

  • @TEONTE70WAY
    @TEONTE70WAY Před 23 dny +155

    Whole facts, this Wisdom is priceless

    • @CinHalCedHerChance
      @CinHalCedHerChance Před 23 dny +3

      You fall for this? These dudes living the life but talk like they're "humble" and "low key".
      Please. lol

    • @d_all_in
      @d_all_in Před 23 dny +12

      ​@@CinHalCedHerChance I don't think you even listened to what they said.

    • @jake-qn3tl
      @jake-qn3tl Před 23 dny +2

      It's common sense

    • @dyates6380
      @dyates6380 Před 22 dny +1

      Wisdom from Charles Barkley? LOL. Shannon? Yep, but big mouth Barkley? Um, no.

    • @CinHalCedHerChance
      @CinHalCedHerChance Před 22 dny

      And in another part of the interview he's talking about how he loves to gamble, but yeah, own one car and invest your money.
      Dude dropping millions gambling. lol

  • @joemckim1183
    @joemckim1183 Před 23 dny +53

    What these athletes don't realize is once their careers are over with they're never going to make that kind of money again. If you want to retire at age 40(at most) and you want to live that high life its not going to last you the rest of your life you don't want to work again after your career ends.

    • @chadwells7562
      @chadwells7562 Před 12 dny +4

      Smartest thing to do is put every cent into an investment fund from day one and never touch the principal. If you do that you’ll never run out of money. Whatever you make on interest is your budget.

  • @Cdub177
    @Cdub177 Před 23 dny +116

    Barkley was well on his way to being in that 80%. In 2008 a Las Vegas casino was about to file charges against him for not paying his $400,000 debt. If it wasn't for TNT he would be broke from his gambling addiction.

    • @mathompson53187
      @mathompson53187 Před 23 dny +37

      So he's lived and learned a few things, some times those are the best people to listen to ... they know for a fact what the pitfalls are. Having experience with financial issues doesn't mean he isn't worth listening to.

    • @sgregwes
      @sgregwes Před 23 dny +23

      The advice is still valid and his net worth far exceeds your net worth but thanks for playing.

    • @RS-lw9cd
      @RS-lw9cd Před 23 dny +21

      You have to give credit to Barkley. He made lots of mistakes with money, but Barkley learned from his mistakes. He saw others like Magic, M. Jordan, Shaq, Kobe, Jr. Bridgeman, etc. making so much money from other income sources, and realized before it was too late that he wanted to do the same. He was fortunate that he was a well known athlete, but he earned that with his fabulous athletic career. The many other athletes that went totally broke and blew all their money on frivolous things never learned, and, unfortunately, will probably never, ever be able to afford the lifestyle they had when they were playing.

    • @mr.chambers5318
      @mr.chambers5318 Před 23 dny +10

      You don’t have to bring up someone’s faults to make a point.

    • @fexcab
      @fexcab Před 23 dny +11

      And now gambling companies sponsor him…how the turn-tables😎🫡

  • @lardus8614
    @lardus8614 Před 23 dny +38

    That is good advice, even for low to midde income people who are not athletes, and regardless of race. I made that same mistake when those first paychecks came in. A few years later, I learnt my lesson the HARD way. Buy what is REQUIRED, not to impress.

  • @davidmorris6483
    @davidmorris6483 Před 22 dny +12

    THIS video, along with the Junior Bridgeman, should be required for ALL athletes. Good job guys!!!

  • @kikivon3501
    @kikivon3501 Před 22 dny +64

    You can only drive one car at a time, and a car is a depreciating asset.

    • @Gman2002
      @Gman2002 Před 19 dny +4

      I would call it a depreciating liability. It’s only an asset unless it’s making you money.

    • @kikivon3501
      @kikivon3501 Před 19 dny +1

      For most people that is true. Nowadays I guess it would be an asset to people who do Uber/Lyft, or like a DoorDash type service?

    • @Gman2002
      @Gman2002 Před 18 dny

      @@kikivon3501 True. Only if the income generated from the car still is able to bring in income after car repairs, maintenance, tag/taxes,car note etc.

    • @kikivon3501
      @kikivon3501 Před 18 dny

      @@Gman2002 sounds like you are some type of account or financial advisor? Way more knowledgeable than I am on this stuff.

    • @HiddenWen
      @HiddenWen Před 17 dny +2

      I think having a 2 car garage is fine. A daily beater, and a weekend supercar.

  • @lieutenantkettch
    @lieutenantkettch Před 13 dny +11

    Sir Charles always spittin' facts.

  • @melreslor2114
    @melreslor2114 Před 13 dny +6

    Junior Bridgeman, drafted in the first round by the LA Lakers (1975 NBA, 8th pick). He never played for the Lakers. Bridgeman was part of the multi-player trade that brought Kareem Abdul-Jabaar from Milwaukee to LA. The Lakers also traded Brian Winters (their best rookie from the year before), starting center Elmore Smith (who held a record 17 blocks in one game), and Dave Meyers (Ann's "little" brother). Bridgeman played in LA for the Clippers for two seasons near the end of his NBA career.

  • @Michaela1942
    @Michaela1942 Před 11 dny +4

    I'm so glad you are talking about this problem. It's a very important topic. When we're young and there's no tomorrow and everything is today, we generally don't think about retirement or just getting older and not being able to take care of ourselves financially. And, once you are older, have no savings, perhaps have health issues, it's hard to come back. I hope a lot of young people, it whatever profession, listen and understand this message.

  • @zonacrs
    @zonacrs Před 15 dny +7

    We will always love Sir Charles here in Arizona.

  • @brandonbrooks898
    @brandonbrooks898 Před 23 dny +187

    " I ate Vy-anna sausages" = Shannon sharpe

    • @blkbluhu368
      @blkbluhu368 Před 23 dny +14

      Bro, I thought I was the only one

    • @stylewarz_nyc
      @stylewarz_nyc Před 22 dny +7

      What's the capital of Austria, Shay?

    • @Polo22546
      @Polo22546 Před 22 dny +7

      Everyone south of the North Carolina border pronounces it like that for some reason. 😂

    • @cultusdeus
      @cultusdeus Před 22 dny +1

      I still eat them from time to time. Especially summeritme picnics.

    • @StefIsCold
      @StefIsCold Před 21 dnem

      Theyre great

  • @CraftyWheel87
    @CraftyWheel87 Před 22 dny +35

    Whether you are rich or just scrapping by, cars are the #1 factor that keeps people from building generational wealth.

  • @dcruzaggie
    @dcruzaggie Před 23 dny +114

    Financial acumen is key!

    • @JohnEastmanExAttyAtLaw
      @JohnEastmanExAttyAtLaw Před 23 dny

      gotta stop buying Jordans so he can spend the community's money on Becky and her friends. Jordan is a piece of trash.

    • @semi6544
      @semi6544 Před 22 dny +2

      We all know it but why isn't it a class in high school? High School is supposed to prepare us for life but it feels economics is deliberately left out of the curriculum. Credit card companies have a vested interest in young people not understanding credit. Banks and corporate America are invested in young people being in debt. So, why hasn't school adjusted?
      America wants us to stay dumb while young. We have a problem with an easy solution.
      When does the average American learn and truly understand what credit is or how compound interest works? Everyone should of known it before graduating high school and the fact that we don't know it is on purpose.

  • @gerardwilson4094
    @gerardwilson4094 Před 23 dny +99

    Vinnie "The Microwave" Johnson is also doing very well these days in business.

    • @Polo22546
      @Polo22546 Před 22 dny +1

      👏🏾👏🏾👏🏾

    • @tood6459
      @tood6459 Před 22 dny +4

      I'm happy to hear that. I always respected his game growing up, even though I hated the Pistons.

    • @ignaciocrescini5539
      @ignaciocrescini5539 Před 22 dny +3

      construction and automotive...500m the microwave still has some heat 😅

  • @jasonjonathan428
    @jasonjonathan428 Před 11 dny +51

    I'm favoured, $50K every week! I can now give back to the locals in my communitv and also support God's work and the church.God bless America

    • @jamesleo2799
      @jamesleo2799 Před 11 dny

      How
      ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

    • @jasonjonathan428
      @jasonjonathan428 Před 11 dny

      A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some professional advice.

    • @jasonjonathan428
      @jasonjonathan428 Před 11 dny

      Thanks to Mrs Deborah Davis.

    • @jasonjonathan428
      @jasonjonathan428 Před 11 dny

      She's a licensed broker here in the states

    • @SantiagoGarcia-up7hm
      @SantiagoGarcia-up7hm Před 11 dny

      YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

  • @sides6903
    @sides6903 Před 23 dny +717

    Not a sock in sight on this one.

  • @ClintonSiegel
    @ClintonSiegel Před 19 dny +7

    Jamaican Oxtails ... the best!

  • @albertaguilar662
    @albertaguilar662 Před 23 dny +17

    Recommend everyone to watch Lou Williams and the way he explains it. He explained it better than anyone else.

    • @russellchung3119
      @russellchung3119 Před 23 dny +1

      Lemon Pepper 😂???

    • @Michael-kh1bq
      @Michael-kh1bq Před 22 dny +1

      Those that do not have endorsements should not be even spending heavy to be honest. Not guaranteed a contract after your first. They way he explains it is really exactly like it is portrayed.

  • @glennclauss3953
    @glennclauss3953 Před 7 dny +2

    Tremendous advice and conversation, not just pertinent for athlete's, but for all of us

  • @charleswindsor1184
    @charleswindsor1184 Před 6 dny +2

    The two of you were simply a pleasure to listen to.
    Thank you

  • @charlesnowak7486
    @charlesnowak7486 Před 23 dny +6

    What a great clip. This should be shown to every rookie in every sport !! very sound advice

  • @GibK215
    @GibK215 Před 21 dnem +4

    Such a real interview....Barkley said a lot of important shhh in this clip!

  • @robrig55
    @robrig55 Před 12 hodinami

    Charles was smart enough to understand Dr J's advice and was willing to change. That's the very big difference

  • @shayc.2562
    @shayc.2562 Před 4 hodinami +1

    I watched "Broke,' on Netflix and it was a very informative video of an athlete's fame, fortune and loss.

  • @steadroymeade6204
    @steadroymeade6204 Před 23 dny +6

    Glad to see you guys educating the young persons.

  • @judithharrison6181
    @judithharrison6181 Před 22 dny +3

    Shannon, wonderful, Interview!❤️❤️❤️❤️🙏🙏🙏

  • @glennr9913
    @glennr9913 Před 11 dny +2

    Sharing wisdom. That's one of the best things you can give anyone.

  • @DallasJW1
    @DallasJW1 Před 12 dny +1

    What a great conversation. So important for people to hear.

  • @brendaporter457
    @brendaporter457 Před 22 dny +3

    I always enjoy listening to Charles.

  • @shanghaidiscovery2664
    @shanghaidiscovery2664 Před 23 dny +6

    He is right of course. ironic though that in the same interview he talks about losing 25 mil gambling

  • @HenryKing679
    @HenryKing679 Před 10 dny +1

    Deep talk right here and straight up advice to young brothers making it big on how to manage wealth the rich mans way.Antother Club Shay Shay specials👏👏👏

  • @kevinfoster2246
    @kevinfoster2246 Před 22 dny +2

    best interview on Club shay shay!! just good advice not talking about people!!

  • @valdezfam8694
    @valdezfam8694 Před 23 dny +6

    Barkley is awesome!!!! Always much respect for him…

  • @ronaldmcc48
    @ronaldmcc48 Před 23 dny +50

    Charles, talk to them about not going broke because of gambling habits and gambling debts. Speak on that, please. 💯🤔

    • @stevebc957
      @stevebc957 Před 23 dny +13

      and strip clubs...

    • @Beep.Boop.Bop.
      @Beep.Boop.Bop. Před 23 dny +7

      Charles himself said in this full interview he gambles about $20,000 per hand and has lost $1 million in one night…so I don’t think he’s the guy for that message 😂

    • @ronaldmcc48
      @ronaldmcc48 Před 23 dny +5

      @@Beep.Boop.Bop. I was just being facetious about Charles's bad behaviors

    • @kevizzzle
      @kevizzzle Před 23 dny +9

      If chuck didn't have such a lucrative media career after basketball, I wonder if he'd be in a tough situation...

    • @ronaldmcc48
      @ronaldmcc48 Před 23 dny +6

      @@kevizzzle He absolutely would be 🤭🤫

  • @CK-jh6xi
    @CK-jh6xi Před 10 dny +1

    Always enjoy listening to Charles.

  • @RBDacio
    @RBDacio Před 22 dny +2

    i don’t see any lies on what chuck said! Very well said!!! 💯✅👏🏻👏🏻👏🏻🙌🏻🙌🏻🙌🏻

  • @bmj571
    @bmj571 Před 23 dny +25

    This was solid 🙏🏽💪🏽

  • @fulcrumsee5968
    @fulcrumsee5968 Před 22 dny +4

    Club Shay Shay is just amazing. I ain't got no other words to explain.

  • @tertur2957
    @tertur2957 Před 13 dny

    This is fantastic advice for all. Thanks guys.

  • @ernestmwape
    @ernestmwape Před 11 dny +2

    Wish Charles could talk this sort of sense on other platforms too. I enjoyed the take on managing money 💰

  • @blue-uo6yl
    @blue-uo6yl Před 23 dny +7

    Just human nature if you think about it. Most people try to impress or try to act better than others. You see it everyday with classism, racism, sexism, and lookism. Everyone no matter what hypothetical level they are at always tries to step on others they perceive below them to get ahead.

  • @chillywillie6283
    @chillywillie6283 Před 23 dny +9

    Trying to impress women and people they don’t know is why athletes go broke.

    • @deeznutz8320
      @deeznutz8320 Před 23 dny

      That one NFL athlete wanting to brag how rich he was at a table in Vegas.
      Not realizing he was sitting at the table for people that have oil money

    • @justincrediblefantasy8263
      @justincrediblefantasy8263 Před 20 dny

      Definitely, seems like everyone is doing it nowadays. Which is sad I’m so many ways.

  • @clindholm9396
    @clindholm9396 Před 12 dny +1

    This is a great conversation. How lucky he is that he got the advice when he did (and he knows it!). I watched the documentary on the Kelce’s on Amazon as well and there was a lot of discussion on post-career finances and what an athlete does after that part of their life is over.

  • @runner2008
    @runner2008 Před 16 dny

    I really enjoyed this interview. Well said.

  • @theophilusjones3685
    @theophilusjones3685 Před 23 dny +10

    Real Talk

  • @skywolf2012
    @skywolf2012 Před 23 dny +5

    Knowledge and facts 💯 👏

  • @cristianopintodasilva7110

    What a nice conversation. Congratulations!

  • @user-hb4ry8ty7w
    @user-hb4ry8ty7w Před 17 dny +1

    Great references to Calvin Hill, Junior Bridgeman, Dave Bing, & Herm Edwards. Very informative interview. 👏

  • @deebocj
    @deebocj Před 23 dny +17

    Those New Balance are 🔥

    • @dertfert745
      @dertfert745 Před 23 dny

      what model are those?

    • @deebocj
      @deebocj Před 23 dny

      @@dertfert745 I have to find out myself

  • @cynthiasmith4130
    @cynthiasmith4130 Před 23 dny +3

    Love Shannon!! Love Charles !!!! Love your show Shannon!!! Stay Sharpe Shannon!!! 💪💪💪.. 🏈🏈🏈... 🏀🏀🏀.....

  • @quantx6572
    @quantx6572 Před 11 dny +1

    Great conversation guys.

  • @johnlowell5905
    @johnlowell5905 Před 14 dny +1

    Wow, I'm impressed. So much wisdom.

  • @earving3245
    @earving3245 Před 23 dny +8

    When they started share pigs part preferences it was priceless

  • @eof_media
    @eof_media Před 23 dny +7

    Great topic and interview...👍🏾
    If athletes invest their 💵 in (stocks, bonds, real estate, affiliate marketing, & youtube) they will NOT be part of the BROKE club...💯

  • @jaye5926
    @jaye5926 Před 22 dny

    great convo & game about maintaining your money...

  • @realjackwhalen
    @realjackwhalen Před 11 dny +1

    Sir Charles coming with the wisdom. Also, nice plug for the RedMont vodka.

  • @sactownism
    @sactownism Před 23 dny +7

    You gotta live like you're broke

    • @PInk77W1
      @PInk77W1 Před 23 dny +1

      Me. 63. No car. I ride a bicycle only.
      I’m retired and have my home paid off
      And large money in the bank. Life is good.

  • @speedybug1377
    @speedybug1377 Před 23 dny +106

    Any 19 -22 year old gonna go crazy with millions of dollars

    • @sanderkonto297
      @sanderkonto297 Před 23 dny +13

      No..

    • @datsapaddlin
      @datsapaddlin Před 23 dny +28

      The problem is some try to bring everyone they know with them and even women they just met. You can definitely go broke trying save everyone you know with money.

    • @rolandocedillo5685
      @rolandocedillo5685 Před 23 dny

      ​@@sanderkonto297 80% of them ? How many ?

    • @stunnermane5775
      @stunnermane5775 Před 23 dny +3

      With that mind set yes. Each person is there own.

    • @sanderkonto297
      @sanderkonto297 Před 23 dny +1

      @@rolandocedillo5685 most people are idiots..

  • @BlimpCityFeeder
    @BlimpCityFeeder Před 22 dny

    Hard truths, gems and financial literacy.

  • @wb5mgr
    @wb5mgr Před 10 dny

    My man, Charles, speaking the truth right here 👍

  • @efrainrodriguez1324
    @efrainrodriguez1324 Před 23 dny +16

    College athletes should major in either finance or accounting. If they pursue a career in STEM or the social sciences, combine it with an accounting/finance degree. Financial literacy is key in succeeding in the private sector.

    • @jdotsalter910
      @jdotsalter910 Před 13 dny

      Even just a couple classes in it, and a financial mentor provided by the team they get drafted by would be helpful.

  • @Akkbar21
    @Akkbar21 Před 23 dny +3

    Love the shoes Sharpe! Represent! 🧡💙

    • @reptonplaya
      @reptonplaya Před 23 dny +1

      He’s really a Bronco for life

  • @riverflowwtruckingtv
    @riverflowwtruckingtv Před 21 dnem +2

    This was a great interview ❤

  • @MacroMark1
    @MacroMark1 Před 9 dny

    Charles has a good trait, he is willing to listen to and take advice. He doesn’t put himself out there as perfect, he made those mistakes.

  • @richbrass12
    @richbrass12 Před 23 dny +12

    You can put your money into something where it grows and appreciates but not in a bank we need to learn and understand that quick

  • @rytiski
    @rytiski Před 23 dny +30

    Neck bones and oxtails are good but these restaurants are charging $30 -$40 for 2-3 oxtails which is crazy. And yes we as blacks always think we have to take care of everyone that gave us $50 one or two times. Give them a solid check for $1500 and move on. Mom and dad and that's it. I'm not even taking care of my siblings.

    • @Goffe909
      @Goffe909 Před 23 dny +14

      I've a few family members in the millionaire club. I'd rather sleep in a homeless shelter hungry than ask them for a dollar. 😂

    • @ER1CNOIR
      @ER1CNOIR Před 23 dny

      @@Goffe909my cousin used to own the biggest car dealership in my state - one of the richest people in the state - we ain’t even bought a car from em in at least 3 decades 😂😂
      I asked my dad when i was a kid “how come we never get our cars from Ray? He won’t hook us up?” And my dad said “he ain’t make all that money by giving it away!”
      But he let us borrow a dodge viper once to go to a big Supercross event when I was like 12, so that’s cool.

    • @NotKimiRaikkonen
      @NotKimiRaikkonen Před 22 dny +1

      I always thought, if I make it, I'll pay for your college, I'll help with your business, whatever.
      I'm not buying you a car, or a watch or something you're going to sell or waste.

    • @siggyincr7447
      @siggyincr7447 Před 13 dny +2

      Chuck's point was "Don't put them on the payroll!", meaning don't be giving them money on the regular, even your parents. They aren't dependents. You wanna do something nice for your parents, pay off their car note or their mortgage. Do you want do something nice for the whole family and got a bunch of a cash to spare, take everybody on a vacation. Put money in an educational fund for your nieces and nephews. But don't let them ever feel like they are entitled to your money. That's what poisons relationships.

  • @Vic82toire
    @Vic82toire Před 23 dny +2

    I love Shay's laugh here.

  • @ptturboe5792
    @ptturboe5792 Před 17 dny +1

    Great message.

  • @FlyingGuillotine100
    @FlyingGuillotine100 Před 22 dny +3

    It blows my mind that the various professional sports player organizations don't mandate financial planning for new rookies

  • @Superhunan
    @Superhunan Před 23 dny +4

    I came from nothing, but I had no desire to throw my money away when I finally started making some.

  • @aimlesfez
    @aimlesfez Před 12 dny

    Chuck keep dropping facts

  • @SaintSpire
    @SaintSpire Před 23 dny

    Soul food. That’s how it got its name. Thankfulness for the nourishment to continue on. Good for the soul. Makes humble ppl. Humble ppl make for hospitality, in turn respect. This is the dance of all well intentioned communities

  • @davidbrewer2324
    @davidbrewer2324 Před 23 dny +5

    The man said “Some Collads” 💀😭😂

  • @cimarronMC
    @cimarronMC Před 23 dny +5

    All of us know how much a million dollars would change our lives if we got it and spent it wisely. It's a shame to see athletes with an abundance of it wasting it

  • @jonahansen
    @jonahansen Před 11 dny

    Good video with an important message....

  • @SHUPIRATE1991
    @SHUPIRATE1991 Před 18 dny

    Great conversation

  • @cedricnash7735
    @cedricnash7735 Před 23 dny +21

    It's always good to save your money.
    Get a financial planner to help you. Save your money and know where to put your money. Put your money up so you'll have some money left over. You should have a lot of money left over. To take care of your family to take care of yourself. How do I learn to save my microphone? My Grandpa told me to take a little bit. Take what you need and everything. You don't need put in the bank. So I paid my bills and I put everything else in the bank. That's how it helped me save. Hope everybody's having a good day. That's just my take on it. And I love Charles Barkley and I love Shannon sharp. My name is cedric nash

  • @EE-md2lr
    @EE-md2lr Před 23 dny +4

    A lot of it is mass spending with little to no regard on how to save or properly invest money. Entourages can be expensive but when you own 5 or 6 homes in different states, 20+ cars and have muliple kids with different women who expecting child support and alimony because by law you have to continue giving them the life they had while they are with you and raising your kids. All that money goes real quick even with sponsors.

  • @briandressel1344
    @briandressel1344 Před 11 dny

    Wonderful advice

  • @greenbeagle13
    @greenbeagle13 Před 22 dny

    I could listen to these guys every day of the week... ❤✌