Here's why 21-year-old NBA star TheTraeYoung's dad made him get a credit card in high school. (via CNBCMakeIt)
Trae Young #11 of the Atlanta Hawks reacts during a game against the New Orleans Pelicans at the Smoothie King Center on March 26, 2019 in New Orleans, Louisiana.As the number five pick in the 2018 NBA draft, Trae Young has already made a name for himself as a star athlete.
during his first three years in the league. Though he has already earned millions as a young NBA player, the 21-year-old is still modest about how he spends his money.podcast, Young and his dad, Rayford Young, discuss the many conversations they've had about spending money wisely in order to plan for the future. In fact, Rayford said he started teaching his son about smart financial habits in high school and that he made him get a credit card his junior year.
Oklahoma Sooners guard Trae Young #11 brings the ball up court against Iowa State during the second half of a NCAA college basketball game at the Lloyd Noble Center on March 2, 2018 in Norman, Oklahoma.Rayford says before his son went off to college, he wanted him to know the importance of managing money and building credit so "when the time came when he needed a car or some other things, he wouldn't hear 'no' because his credit was [already] good.
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