He was never the stereotypical athlete.
In college he was as well known for his academics as his athleticism.
At the University of Miami, Jonathan Vilma was a finance student and football star.
Today as an NFL player, he utilizes his prominence and monetary wisdom to promote financial literacy
to young adults, high school students and professional athletes through his organization Financial 51.
Some people realize when it's too late, some people realize it's soon enough.
But it really sinks in when someone gets cut, someone retires, they're 30 years old and they're saying they're saying now what?
And what is up here?
I've taught you guys the concept of credit management, right?
So you shouldn't have 21 credit cards by the time you're 21.
South Florida Educational Federal Credit Union, along with Financial 51,
put together a month-long initiative of financial education workshops held at several Miami-Dade County public high schools.
Topics were detailed and informative, but simple enough to understand.
And with the help of Visa's financial football game, everyone was a winner.
The series finale culminated at the University of Miami, where several affluent figures gave encouraging words.
And hundreds of students celebrated a special gift.
Not the rock-aware gift bags or autographed memorabilia, but key components to financial stability.
Goal setting is the foundation of financial planning.
We learn a lot about how to save up money and how to plan for the future.
I want to thank Soley Gonzalez and the South Florida Educational Credit Union for coming and educating and telling us more about it.
And Financial 51 thanks.
Most NFL players, they wouldn't do this, but it was cool that he came down to this school.
Real good experience. Got enough from his side, our point of view, his point of view. It was good, good experience.
Big picture is your family, your house, things that, as we talked about, things that appreciate it.
So you try not to waste your money on clothes, you try to have a budget, set some money inside,
that you know you're going to spend on clothes and things that you want.
And after that's done, you keep the rest of your money to save.
You want to save because in the future it's going to help you.
Certificate of deposit for a CD is actually a financial term for a fixed savings account.
What you do is you put a certain amount of money in there and you fix it for 3 months, 6 months, 9 months, 12 months, 5 years, up to 10 years.
So for those of you that have a really hard time saving, do you think there's something you should do?
Probably because while it's fixed, you cannot touch it.
The time spent was valuable.
These precious moments of insight would prepare these individuals with an informed and rewarded adulthood.
After the lessons were learned, Jonathan, the superstar middle linebacker, as expected, was greeted with appreciation and excitement.
Trust me, that's not how it works.
Positive.
Is it the affairs moment?
No, it's my phone.
The inaugural event for Financial 51 was a success.
However, a financial initiative of this magnitude can only become more efficient.
There are millions more that need educating and you can help be a part of the success that promotes, prepares and pays.
This newsletter has been brought to you by University of Miami Alumni Association, Financial 51, South Florida Educational Federal Credit Union, RockAware and Black Enterprise.
