Lazy Man and Money

  • Blog
  • Home
  • About
    • What I’m Doing Now
  • Consumer Protection
    • Is Le-vel Thrive a Scam?
    • Is Jusuru a Scam?
    • Is Beachbody’s Shakeology a Scam?
    • Is “It Works” a Scam?
    • Is Neora (Nerium) a Scam?
    • Youngevity Scam?
    • Are DoTERRA Essential Oils a Scam?
    • Is Plexus a Scam?
    • Is Jeunesse a Scam?
    • Is Kangen Water a Scam?
    • ViSalus Scam Exposed!
    • Is AdvoCare a Scam?
  • Contact
  • Archive

Your Financial Football Team

January 31, 2008 by Lazy Man 20 Comments

I have mentioned in the past that I’m a huge fan of professional football. My wife calls this Sunday my biggest holiday – and she’s right. Your personal finances have a lot more in common with a football team than you might think. Let’s take it position by position starting at the top:

billbelichick.jpgHead Coach – The head coach is responsible for evaluating the players and coming up with a game plan each week. You are the head coach in your finances. It’s up to you to develop your financial game plan. Investment options are your players. You choose how to use them. If you fail in planning or misuse your investment options, you aren’t likely to be successful.


tombrady.jpgQuarterback – The quarterback the leader of the team directing the action on the field. He works closely with the head coach to execute the game plan. A plan is nothing without action and execution. In your financial game plan, it’s not enough to just have a plan, you need to follow through an execute on that plan.


randymoss.jpgWide Receivers – If you are going to win the game you need to score. This year the New England Patriots showed that wide receivers can be the cornerstone of a potent offense. It’s not surprising to see them get 10-15 yards at a time. The problem is that sometimes their performance is inconsistent. If the timing or execution is off and there is no gain and the whole offense stalls. In your investment portfolio wide receivers are the mutual funds and stock portions of your portfolio. You might gain 10-15% one year and 0% the next. However, on average you they bring in some of the best gains.


Running Backs – The running backs are the opposite of the wide receivers. They very rarely run for 15 yards at a time. However, they also rarely get stopped for zero yards. They very consistently gain 3-4 yards. In your financial plan, running backs are like bonds or your high interest savings accounts.


patriotsdefense.jpgDefense – The defense of the football tries to stop the other team from scoring. Another way to look at it is that you don’t want to see all the hard work from the offense go to waste.


vincewilfork.jpgLineman and Linebackers – The front seven of the defense are the big players trying to stop the offense from short gains. In your financial life, this is being frugal and saving money. If you can stop the small loses everyday you’ll do well even if you don’t have record setting offense.


asantesamuel.jpgCorner Backs – The defensive backs play defense against the other team’s wide receivers. They are out to make big gains against you. You run up against these guys whenever you make a big purchase, like a house or a car. It’s easy to pay a few extra thousand dollars completely negating your offense.


rodneyharrison.jpgSafeties – Every once in awhile the opposing team makes an outstanding play putting your defense in jeopardy. The safeties are the last line of the defense. In your financial life, insurance performs the work of the safeties. You may think you have everything covered, but there are some expected surprises that sneak into everyone’s lives.


marquisehill.jpgFor completeness, I should mention that Jim at Blueprint for Financial Prosperity also has an article comparing personal finance and football. At the end of the article he makes a great observation that life is more than personal finance or football. It with this that I dedicate my last picture to Marquise Hill. While Sean Taylor’s death created shock waves around the NFL, Marquise Hill’s went almost entirely unnoticed by the media. He will be remembered for two things, helping residents rebuild their homes after Hurricane Katrina, and giving his life to save his friend’s. His team will not forget and are playing for him this Sunday.


Photo Credits:
Michekinn:Bill Belichick
Stussy5555:Tom Brady
Italian Freedom Fighter:Randy Moss
ClimbingKevin:Laurence Maroney
FLC:Patriots Defense
DLHPhotos:Vincent Wilfork
glenntoby:Asante Samuel
laingphoto:Rodney Harrison
PatriotsBlog.net:Marquise Hill

Email (and share) This

  • Email
  • Facebook
  • Twitter
  • Pinterest

Related

Filed Under: Finances

SIGN UP NOW FOR MONEY TIPS AND A CHANCE TO WIN $25 MONTHLY

Comments

  1. Writer's Coin says

    January 31, 2008 at 7:29 am

    Nice to see someone else also pushing the sports analogies!

    Reply
  2. Personal Finance Trainer says

    January 31, 2008 at 7:36 am

    I am no a huge football fan but that is a great post.

    Reply
  3. moneyloveandchange says

    January 31, 2008 at 8:27 am

    I like the analogy – too bad I am not a Patriots fan! I really wish that Green Bay had made it to the Super Bowl – I think that would have been a better game. The thought of watching Eli vs. Tom just doesn’t excite me…

    Also, we can’t forget the kicker. They’re kind of like an emergency fund – not having a good one can really mess things up (Scott Norwood comes to mind).

    Reply
  4. David says

    January 31, 2008 at 8:36 am

    How much crap will you get over these “cheaters” – who have not “cheated” in months, yet are still in the SB?

    Go Pats…

    Reply
  5. Brip Blap says

    January 31, 2008 at 6:30 pm

    Can’t believe you dissed Pioli! Doesn’t he fit in there somewhere?

    Good analogies – too bad it’s for a soon-to-be-super-bowl-losing-team ;)

    Reply
  6. Frugal Dad says

    January 31, 2008 at 6:44 pm

    Great analogy! I am a huge football fan myself, college more than pro, but I love them both. I’m looking forward to this weekend to see if the Giants can pull off the upset.

    Reply
  7. Early Retirement Extreme says

    February 1, 2008 at 9:31 am

    Dude, you forgot the fans! And the sponsors, and the stadium…. and gatorade! :-)

    Reply
  8. Paf says

    February 3, 2008 at 8:31 pm

    In your face victory of the GIANTS BABY!!!

    Go Eli!

    Keep up the good job Lazy Man by the way –

    Paf

    Reply
  9. Dividends4Life says

    February 4, 2008 at 6:04 pm

    I’m a sucker for a good football analogy! Though I prefer college, my son was pulling for the Pats to the bitter end. I plan to include your article in my weekly carnival review this Friday.

    Roll Tide!
    D4L

    Reply

Trackbacks

  1. Friday Finance Findings For February 1st : Generation X Finance says:
    February 1, 2008 at 9:00 am

    […] Your Financial Football Team – In case you haven’t heard, there is a football game this Sunday.  I’m pulling for the New York Football Giants. I don’t think Lazy Man would agree. […]

    Reply
  2.   Money Crashing Articles Of The Week by Money Crashers says:
    February 1, 2008 at 7:07 pm

    […] The Lazy Man has his all-star personal finance football team. […]

    Reply
  3. Prosper Roundup — Superbowl Edition says:
    February 3, 2008 at 9:05 am

    […] Lazy Man and Money tells us how finance is like football in Your Financial Football Team. […]

    Reply
  4. Power of Trying Something New - Personal Finance Review » Money Smart Life says:
    February 3, 2008 at 1:19 pm

    […] Man & Money has an article I really liked called Your Financial Football Team, that reminded me of my Personal Finance for Sports Fans series and Is Your Investment Portfolio a […]

    Reply
  5. Here’s Your Team for The Superbowl of Personal Finance! (Carnival #138) | I've Paid For This Twice Already... says:
    February 4, 2008 at 2:38 am

    […] Man and Money has Your Personal Finance Football Team – a great post that draws analogies between football positions and personal finance – be your own […]

    Reply
  6. Link Roundup: Punxsutawney edition at Mighty Bargain Hunter says:
    February 4, 2008 at 8:33 pm

    […] Lazy Man and Money asks who’s on your financial football team. […]

    Reply
  7. Monthly Review - January Edition says:
    February 25, 2008 at 8:55 am

    […] I finished the month off with a detailed comparison of personal finance to football. […]

    Reply
  8. financial football | Care news says:
    May 8, 2008 at 6:12 am

    […] Derbyshire Building …Lucian%26#39;s blog – http://www.tangible-financial.co.uk/LuciansBlog|||Your Personal Financial Football TeamFor completeness, I should mention that Jim at Blueprint for Financial Prosperity also has an […]

    Reply
  9. financial football | Hottags says:
    May 8, 2008 at 6:23 am

    […] Your Personal Financial Football TeamFor completeness, I should mention that Jim at Blueprint for Financial Prosperity also has an article comparing personal finance and football. At the end of the article he makes a great observation that life is more than personal …Lazy Man and Money – http://www.lazymanandmoney.com […]

    Reply
  10. financial football | Wonderful Article says:
    May 8, 2008 at 6:32 am

    […] Derbyshire Building …Lucian's blog – http://www.tangible-financial.co.uk/LuciansBlog|||Your Personal Financial Football TeamFor completeness, I should mention that Jim at Blueprint for Financial Prosperity also has an […]

    Reply
  11. Weekly Carnival and Article Review – Feb. 8, 2008 * | Dividends Value says:
    December 11, 2011 at 2:27 pm

    […] Lazy Man and Money presents Your Personal Finance Football Team […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

As Seen In…

Join and Follow

RSS Feed
RSS Feed

Follow Me on Pinterest

Search The Site

Recent Comments

  • Joe on The Cost of Summer Camp (2023 Edition)
  • Lazy Man on Odds and Ends Update
  • Joe on Odds and Ends Update
  • Lazy Man on Odds and Ends Update
  • Josh on Odds and Ends Update

Please note that we may have a financial relationship with the companies mentioned on this site. We frequently review products or services that we have been given access to for free. However, we do not accept compensation in any form in exchange for positive reviews, and the reviews found on this site represent the opinions of the author.


© Copyright 2006-2023 · Perfect Plan Publishing, Inc. · All Rights Reserved · Privacy Policy · A Narrow Bridge Media Design