Finance and Budgeting
Sticking to a budget regardless of the stage in your sporting career is important. Developing good relationships can help in this area. It's also important to understand your tax and ACC obligations as an athlete.
Whether you play a team or individual sport, managing your finances is still something you have to do. Doing this effectively can help lengthen your career as an athlete and maximise your opportunities to perform. Things you may need to consider include the areas below.
Your financial plan
Budgeting and cashflow, planning your financial future and financial responsibilities.
- Weekly budget (xls)
Remember to make sure you include your disposable spending (coffee, takeways, buying a book etc) into your budgeting as this can often be a big expense that gets forgotten.
Athlete and business streams
income and expenses, declaring tax, ACC levies, running your business.
Sponsorship strategies, managing sponsorship relationships, raising your profile, you the brand.
- Your Personal Vision (doc)
- Your current sponsors and supporters (doc)
- Your story (doc)
- Sponsorship ideas (doc)
When you are planning your sponsorship strategy, make sure you have a great 30 second 'elevator' pitch' to introduce yourself and what you are all about - your Advisor can help you
New tools are regularly added to the website. You can also get resources directly from your Athlete Life Advisor.
Advice and templates
New tools are added to the website regularly. You can also get resources directly from your Athlete Life Advisor.