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NBA star James Harden is using the support of his nonprofit in an effort to improve financial literacy among young people

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NBA star James Harden is using the support of his nonprofit in an effort to improve financial literacy among young people

NBA star James Harden is using the support of his nonprofit in an effort to improve financial literacy among young people

For NBA player James Harden, developing financial literacy in young people is a personal matter.

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Harden, a point guard and shooting guard who recently signed a two-year, $68.6 million deal with the Philadelphia 76ers, recalled that he was a 20-year-old rookie in 2009 when he suddenly With a decent salary. According to Spotrac.com, he just signed a two-year, $4.76 million contract with the Oklahoma City Thunder, a first-round pick — the third overall pick.

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“They want to buy everything,” Harden told CNBC in a phone interview. “You deserve it, so you buy your first car, your first house or whatever.”

But Harden has to figure out money on the fly.

“For me, it’s not just learning how to save, but learning how to invest wisely,” Harden said. “You may have money in your bank account or savings, but to live long, your money needs to work for you while you sleep.

“I learned.”

Harden’s nonprofit covers the cost of e-courses

To reach young people who may benefit from learning about money issues, Harden’s Impact 13 Foundation is partnering with Jordan Awoye, a managing partner and financial advisor at Awoye Capital in Babylon, New York, on a financial education tour.

The initiative includes liaisons with various universities, where Awoye meets a small group of students to talk about life and finances, and gives them access to e-courses on personal finances at their leisure. Through the grant, Impact 13 paid $795 to license an e-course developed by Awoye, which covers topics such as budgeting, debt, credit, and investing.

“I think just coming from my hometown and where I am now — going into the NBA and being there for 14 years and seeing how the money is handled — was very necessary for Jordan to have people like me to explain and show how to manage money,” Harden said.

The NBA star may surprise some workshops, Awoye said, having visited six institutions — including Towson University in Maryland and Norfolk State University in Virginia — as part of the tour.

Research shows that knowing how to manage money can make a difference. According to a study by the FINRA Investor Education Foundation, people who score above the median on a seven-question financial literacy test are more likely to make ends meet than those with more limited expertise.

For example, those with higher scores spent less than they earned (53% vs. 35%) and put three months of emergency funds into higher levels (65% vs. 42%). They are also more likely to do some future planning by calculating retirement needs (52% vs. 29%) and opening a retirement account (70% vs. 43%).

Because many young people in the U.S. are ignorant about money issues as adults, some state legislatures have passed legislation requiring public school systems to teach personal finance. According to Next Gen Personal Finance’s 2022 State of Financial Education report, 15 states have guaranteed or pledged that all high school students will take an independent personal finance course. Other states have integrated courses into another program (such as economics) or offered them as electives. Still others have no personal financial needs at all.

Meanwhile, Americans are saddled with $890 billion in credit card debt with an average interest rate of over 18%. Additionally, according to a Bankrate survey, 56% of U.S. adults can’t save an unexpected $1,000 bill to pay for it.

In other words, there is a lot of room for improvement in financial literacy.

For Awoye, his interest in expanding financial literacy is “if only I knew then what I know now,” he said.

“As I started to thrive in wealth management, helping financial education really became my calling,” Awoye said.

“Everyone will be better off if we can pass it on to the next generation,” he said.

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He is the editor of River C Sports. Previously, he was editor-in-chief at other news sites . Rodrigo Baião has spent most of his career as editor-in-chief of various websites and has more than 7 years of experience in the industry.

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Luka Doncic of the Mavericks records a triple-double in his historic comeback.

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Luka Doncic of the Mavericks records a triple-double in his historic comeback.

Luka Doncic of the Mavericks records a triple-double in his historic comeback.

“I’m dead exhausted,”

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That was Dallas Mavericks player Luka Doncic’s initial, instinctive response to one of the most extraordinary performances in NBA history as well as the most spectacular game of his young career.

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It makes sense. It was exhausting enough to merely take in the magnitude of his performance during Tuesday’s 126-121 overtime victory over the New York Knicks:

  • 60 points, which is more than Dirk Nowitzki’s 53 points for the most points ever scored by the Mavericks in a single game;
  • 21 rebounds, a career record; the first 60-point, 20-rebound triple-double in league history; and
  • 10 assists to complete the 52nd triple-double of his career.
  • 16 of the 23 points Dallas scored in the fourth quarter and overtime came from him or him with an assist.

And it all counted, enabling the Mavericks to win by a lopsided margin in overtime after they astonishingly overcame a nine-point deficit in the last 26.8 seconds of regulation.

The pivotal moment occurred at the conclusion of that game-tying run, when all of Doncic’s talent and cunning, as well as a little bit of luck, were put to use just when Dallas needed them the most.

With 4.2 seconds left and the Mavericks behind by three, Doncic took the shot. Doncic purposely missed his second shot after making his first one in the hopes that a Mavs player would retrieve it and, against all chances, tie the game.

Doncic replied, “I know it was two seconds or something.” Hope it went in, I just tossed it up.

The person in question turned out to be Doncic, who, well, just watch.

Doncic was that kind of player, capping off the comeback and adding the final touches to his masterpiece with seven of Dallas’ 11 points in overtime on 21-for-31 shooting from the field.

The 23-year-old made the shot that necessitated overtime, and the thinned-out audience anticipating defeat erupted in frenzied celebration as he danced about and waved his arms.

Many people questioned me about this in the locker room, and I said that I believed we had won, according to Doncic. “I went to the audience in this manner because of that. When I looked at the score, I believed we had won. My reaction was “Oof.”

Owner of the Mavericks Mark Cuban, who saw Nowtizki’s 21-year career from the front row, had the following to say:

Others haven’t either.

Doncic joined James Harden, who recorded a 60-point, 10-rebound, 11-assist performance with the Rockets in 2018, as the only players in NBA history to record a triple-double of any kind.

Even a triple-double of 50 points would have been exceptional. Only Wilt Chamberlain (of course twice) and Elgin Baylor had ever accomplished the feat previously, and only they had 20 boards in their respective games.

Doncic outperformed Nowitzki, who had set the previous club record on December 2, 2004, with 53 points. He also made history by being the first Mavs player to score 50 points or more twice in a three-game period (he scored 50 points on Dec. 23 vs. Houston). A statue of Nowitzki was erected outside the arena by the Mavericks two days before to Doncic’s record-breaking performance.

Surprisingly, the most remarkable statistic may not have had anything to do with Doncic’s particular performance. NBA teams had a horrifying record of 0-13,884 in the previous 20 seasons when down by at least nine points with 35 or fewer seconds remaining going into Tuesday’s game.

So, Luka, get some rest. You undoubtedly deserve it.

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Can the resurgence of the Warriors and Lakers be kept up with by the Celtics and Nuggets?

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Can the resurgence of the Warriors and Lakers be kept up with by the Celtics and Nuggets?

Can the resurgence of the Warriors and Lakers be kept up with by the Celtics and Nuggets?

Apart from Luka Doncic’s historic performance, the two conferences’ top clubs in the NBA continued their winning ways. The Boston Celtics play in the East. The Denver Nuggets represent the West.

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Jayson Tatum and Jaylen Brown, who are perhaps the finest shooting tandem in the NBA, continue to inspire Boston, which was no match for the inconsistent Houston Rockets (126-102).

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The Western Nuggets are having a great season. They have won five straight games, and they did not require the most devastating performance against the Sacramento Kings (106–113). Jokic’s last assault in the third session and his 20+11+9 point total shifted the balance. Porter Jr.’s 30 points demonstrated his importance.

As the Golden State Warriors continue to accumulate streaks sans Stephen Curry, the West Coast has also undergone a continuous awakening. Despite having the greatest home record in the NBA (14-2), the winners must ensure that the underperforming players acquire confidence.

The Lakers are another option. On Christmas Day, their 51 points against in the third quarter appeared to put an end to the season, but they have become stronger as a result of their vulnerability. Still in full-throttle mode, LeBron James scored 28 points, helped by Russell Westbrook’s triple-double of 15+13+13. They are three points away from the Play-IN and now 14-20 in the rankings.

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The Red-Hot Nets attribute their success to staying focused on basketball.

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The Red-Hot Nets attribute their success to staying focused on basketball.

The Red-Hot Nets attribute their success to staying focused on basketball.

Before guiding the Brooklyn Nets to their ninth straight victory, a 125-117 victory over the Cleveland Cavaliers on Monday night, coach Jacque Vaughn revealed what he believed to be the reason for his team’s recent good form.

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Before the game, Vaughn referred to “basketball.” “We haven’t veered off course from the present moment. The most crucial aspect of today is that we want to win this game. Every day when we enter the gym, basketball is the focus. It has to do with basketball and how we’re going to look out for one other and cover for each other on the floor.”

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Many league observers saw the change as they watched the talented bunch go from an emotional roller coaster to the NBA’s hottest team, one that, following Monday night’s performance, equaled the league record for the longest winning streak.

Before the game, Cavs coach J.B. Bickerstaff remarked that it seemed like basketball was the major focus from the outside.

The Nets didn’t always seem to be like that, though. After having a difficult start on the court, Kyrie Irving received criticism after sharing a social media post endorsing a film with antisemitic views. As a result, he was suspended for eight games. Soon after, Steve Nash was fired as head coach.

By keeping things straightforward, according to Vaughn, he has helped the squad get back on track.

After the game on Monday, Vaughn stated, “I am a simple person. And really try to make things straightforward. So, I placed a lot of emphasis on what would be good for our team. And whether it was the time we spent in shootarounds or the time we cut [off] to keep our players fresh so they could give their all when we played. And in a way, it was the intention; by doing so, we built up some momentum.

Vaughn’s point was clear.

He promised his players, “I’m going to try to be as consistent as I possibly can with you every day.” “And being as truthful as I can.”

The straightforwardness of Vaughn’s message, coupled by Kevin Durant’s MVP-caliber performance, are what have allowed the Nets to entirely turn around their season. Their confidence on the court is apparent, they are receiving contributions from all positions on the roster, and they have kept their attention on the task at hand. The Nets have now won 13 of their last 14 games, are 10-1 in December, and are riding their best winning streak since the 2005–06 campaign.

Nets swingman Royce O’Neale said, “We’re playing on both ends, battling hard. “Everyone is accepting responsibility. We’ve got each other’s backs on defense, and on offense, everyone is playing selflessly while getting fantastic looks.”

Notably, Durant asserted that the Nets’ attention has always been where it should have been.

After scoring 32 points in the victory on Monday, Durant remarked, “To be honest, I believe we’ve always been about ball.” “With no disrespect intended for what you guys do, I simply believe that the outside world, including the media and fans, tends to give the impression that we don’t care about the game or that we are not focused on the work at hand, but I believed that was how we had always been. You don’t have a lot to speak about outside of the game, therefore that doesn’t contribute to the conversation about our team, it’s a truth.”

It’s important to note that in the aftermath of both Irving’s suspension and his team’s difficulties, Durant, like many others in the organization, has expressed unhappiness with the current circumstances. But considering that the Nets’ current winning streak has transformed the tone of their season, those times seem like a long time ago.

Everyone has a platform, according to Durant. “I believe the hubbub you hear is the result of so many voices discussing what we do in our locker room even if they have no actual understanding of it. However, the game has always been important to us. I’m not saying we didn’t suffer in the beginning, but our main priority was always to play basketball. I believe that other individuals were looking for things to name, include, or otherwise refer to as part of our team. I am aware that the Kyrie controversy could be what you are referring to, but I believe our conversation has always been about the game.”

Durant acknowledged that he had to explain the circumstances to people closest to him, but he also commended Vaughn for his efforts to make things simpler for the group.

I was frequently asked by pals, “Yo, K, are you alright, man?” Durant remarked. “Man, y’all have so much crazy stuff going on. I’m thinking, “Really? It’s not all that insane, actually. Like, we come in, go to work, and go without talking about this s—-. To be honest, the outside is noisier than the inside—this has always been the case. But what we actually done was make the basketball’s two ends simpler.

Vaughn acknowledged that the key has been the group’s pushing away all the distractions off the court, which has allowed the Nets to focus on improving it. Durant sought to retain the focus on how strong he feels his team attitude has been.

Without a question, it’s a component, according to Vaughn. “And we made sure to emphasize that; in fact, as a group, when we got back, we sort of made a commitment to one another that it would be about basketball. Our players have done an amazing job of looking out for each other and keeping this about basketball, so hopefully nothing will get in the way of that or any outside noise.”

Irving was questioned about if he concurred with the statement that the floor was once again the main emphasis.

After hitting 32 points, Irving admitted, “For me, personally, I think I just pushed myself aside at times.” “Just believe what we’ve got going on; I couldn’t care less about external criticism or praise. I’m simply focusing on being the greatest version of myself and allowing the outcomes depend on how well the group can be trusted.”

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