Is There Any Financial Education for Cyclists?

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There's definitely not the much financial education that goes toward cyclists. There are some guides, some people that try to guide. And actually last year they started a pro cyclis foundation with the intent of helping cyclists manage their money and help younger guys in the us. The national football league here in the us has a similar programme. When rookes come in, they have to go to this course,. This class for, i think it's a week, where they basically are taught some basics of finance. They're hoping to keep them from being taken advantage of by agents or financial professionals, or their friends, or whatever. Which is it, which can be a big deal. In europe

Our special guest today is Toms Skujiņš. Toms is a professional cyclist, an avid podcast listener and a White Coat Investor. Toms races at the highest level and is currently the best cyclist in Latvia in not just one discipline, but two. He's been the Latvian national time trial champion and the national road race champion twice. He's been the Latvian cyclist of the year four times. Toms has completed the Tour de France four times. He has raced in most of the biggest races in the world. Last year, he nearly won a stage at the Tour de France. We discuss the income, contracts, investments, and more of professional cyclists.

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