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Blake Griffin shares important financial advice to young NBA stars: 'Wait till that second contract'

Blake Griffin learned how to budget his money at an early age and he carried it all the way to the NBA. Now that he's ageing, he hopes the new breed of NBA stars could learn a thing or two from him
Brooklyn Nets forward Blake Griffin

Blake Griffin has spent his entire life saving up money, unlike other NBA stars

Though we seldom see "The Lob City" version of Blake Griffin anymore these days, we were all witnesses of his peak form. Through his incredible athleticism and high-flying in-game dunks, Griffin became one of the shiniest stars of the game at one point. In the process, he made quite a living as well, a fortune worth $110 million in total, to be exact.

Blake has always been stingy

Not all are aware of this, but Griffin has spent his entire life saving up money, unlike other NBA stars. In fact, the six-time NBA All-Star confessed to saving up money even though he's not really planning to buy anything at all.

"I was always like naturally good at saving money," Griffin told Graham Bensinger last year. "I never spent money. I would like save up all my money and like buy one thing…I would just like sit on my money, working on the trophy shop, we would get paid a little bit and I would just like save it for nothing you know. And then I would probably just buy something stupid."

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Of course, there's no other person in Griffin's life to teach him the best practices in budgeting than his mom. She was actively calling his financial manager in the first "two and a half" or "three years" of his NBA career to ensure "nobody was taking advantage" of his money.

"That budgeting taught me at an early age like 'this is how it works,'" Griffin said about his mother's budgeting lessons. "Like you just don't get money and spend it. You put some aside."

A helpful reminder to big-spenders

At this point, we could safely say that Griffin has been doing a tremendous job managing his finances. In fact, in his 12 seasons in the league, Griffin was rarely spotted donning flashy pieces of jewelry and expensive signature clothes during games.

Needless to say, not all NBA players are like Griffin, and he could only hope they also do the same.

"I always say to guys, like young guys…' don't go spend all your money.' Just save and wait till that second contract [comes] before you buy something," he explained. "I always say to guys have a checks and balances within your worlds. Make sure that you know what your financial advisor is doing. I have friends, teammates who have gotten so much money taken from them. Whether it's by a relative, by a money manager, or whoever it was just because you know, sometimes things slip through the cracks."

Indeed, we only live once, and nobody can stop these NBA stars from splurging an insane amount of money. However, Blake Griffin serves as living proof that a man's will is still stronger than anything else, and not all NBA players are easily lured by the limelight and fancy clothes, cars, and jewelry. 

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