Even though he’s a 29-year-old NFL wide receiver, Darrius Heyward-Bey still gets an allowance from his mom.
And because of that, he ought to be able to retire comfortably.
Via Jeremy Fowler of ESPN.com, the Steelers wide receiver credits his accountant/mother Vivian with helping him save most of the $35 million he’s made during his NFL career.
The two worked together to build a budget when he signed his rookie deal, and they’ve parceled out a monthly amount which he lives on. She updates him on his finances in a weekly email.
The rest is up to him, and he said he’s conscious of living a more modest lifestyle than other NFL players.
“I don’t have any kids and I’m not married, so the money I spend is on me,” he said. “It’s really easy to say no to myself. I keep things real simple. I’m not really a flashy guy. I understand what I want to buy. I invest my money well and pay my taxes. . . .
“I grew up knowing what to spend and what not to spend. It’s easy when you don’t have money to not spend. That’s how I grew up.”
And thanks to his mother raising him with a solid financial foundation, he should be able to grow old on the interest.