Tennis superstar Serena Williams, who rose from modest beginnings to earning millions during her luminous career, says her outlook on money has not changed: Be responsible and manage your spending.
That was the overall theme of her message to college students of historically Black colleges and young professionals during a webcast focusing on money management.
Williams, who used the JPMorgan Chase Chats for an open conversation about money with a young adult audience from across the country, said her family was not well off growing up, but managing spending was emphasized when she was a kid.
โMy family wasnโt wealthy, but we were always taught that when you work hard, you reap the benefits as a result,โ Williams told NBC News via email. โI think itโs important for young people to really understand how to spend money โ including how to better self-evaluate needs and wants โ to make truly informed decisions versus spending from pure emotion. This is still something thatโs true for me, and an approach I believe is incredibly important for parents to teach and model, as well.โ
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