Team Frugal: Jeff Locke

Being frugal is about more than being stingy with your money. It means being prudent, smart and economical with your finances and career decisions. Every Tuesday, we share profiles of athletes that exemplify what it means to be A Frugal Athlete.


Jeff Locke is the epitome of what it means to be a frugal athlete and for that reason he is our team frugal edition of the week. 


Jeff Locke is a current NFL punter who most recently played for the Detroit Lions after originally being drafted to the Minnesota Vikings from UCLA in 2013. Back in 2015, he decided to act on his affinity for economics and pursue an internship opportunity at Dimensional Fund Advisors.

photo via Brad Rempel

photo via Brad Rempel


Locke was put to the task in figuring out exactly why or what causes professional athletes to go broke. According to his article on Espn, Locke points out spending habits, overestimating net income, and understanding the type of financial advisor to hire as reasons why athletes struggles with their finances. 


What’s important to note is how Locke used his offseason to help build experience in a field he’s interested for in his post career. This is important because he is making sure he doesn’t start off on the back foot once his career is over. He will have ample work experience that translates into the actual field he desires to pursue. Many athletes struggle with post work because certain industries have trouble translating athletes’ work on the field to industry jobs. When industries see that you were a professional athlete that also worked during his strenuous career, they can’t help but be enamored. 


In addition to the prudent thinking, Jeff has showcased he is also making an effort to change the narrative for other athletes including his fellow teammates. He helps his teammates with advice and documents that he developed during his time under his internship. 


Jeff is a great role model on what it means to be a frugal athlete.