Team Frugal: Brandon Copeland
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.
How does one save up to 90% of his income when you can essentially buy anything you want in life. As a professional football player in the NFL, Brandon Copeland is using financial discipline and frugality to make sure he is comfortable for the rest of his life. Although, it may be easier for an athlete making over 1 million dollars to live off 10% of his total income, it’s a lesson that needs to be heralded.
Copeland has recognized that the NFL really stands for Not For Long. Throughout his 7 year career he has made an effort to prepare for life after football. Spending previous off seasons interning at investment banks learning different financial principles, Copeland was able to take what he learned and create a real estate portfolio with his wife. Brandon Copeland understands how important it is to not only save but to build other streams of income and passions outside of football.
Copeland’s latest endeavor involves teaching students financial lessons to help navigate through life at UPenn. Ironically, Copeland’s alma mater. This goes to show you, even at a prestigious school like UPenn, financial literacy is not something that’s focused on enough.
Brandon Copeland is a great example of a frugal athlete. He’s not only using his resources to plan for the future but using his experience and platform to teach other individuals the importance of being smart with your money.