Lauryn Williams
speaker
55 appearances
1 recordings
1 series
first heard Aug 2024
last heard Aug 2024
Lauryn Williams’s voice in public audio — every appearance, attributed to the second.
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Appearances
Lots of mistakes were made along the way.
I had very little personal finance knowledge at that time.
Upon retiring from the Olympics, I decided to go into the field of finance.
So I'm a certified financial planner and I run my own company called Worth Winning, helping people organize their finances.
And a big part of that, as I got started initially, was helping athletes organize their finances.
Generally, people that are in Olympic sports are not going to earn enough to be able to just retire, kick their feet up and never work again.
That's going to be the 1% of the people competing in the Olympic Games.
You don't get to say, OK, I won a gold medal and I never have to do anything again.
I think people will be surprised to know that there are a lot of Olympic gold medalists in America that still have regular jobs or go back to their regular jobs after the games are over.
What is everyone's American dream still to this day?
They want to buy a home.
Well, what do you need for a home?
You need a down payment.
We got really high interest rates right now.
And so they take a big lump sum of money.
They put it toward a down payment on a home.
And now they got to figure out how to cover that mortgage for the next 30 years.
But they don't have a athletic career that's set out for 30 years.
So if you're going to compete for maybe five or seven years, even if you're fortunate enough that your earnings never change, you can cover that mortgage for five to seven years.
But now you've missed out on five to seven years of work experience.
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