Overtime Magazine
2006, December
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Whether you're making Shaq money or you're on a two-week extension, chances are you've got some pesos to throw around. But that doesn't mean you should just throw them away. 

Piascik & Associates has some simple advice to make your work money work for you: 

1. HAVE SOMEONE ELSE PAY THE BILLS 

With road trips, appearances and those "mandatory" club visits, who really has time to pay bills? Answer: bill-pay companies. Use 'em! 

2. GIVE YOURSELF A TAX BREAK 

Though you may ball in New York, consider having a ball this offseason in Florida-for tax purposes. Always look into state taxes when figuring out where to hang your residency hat. 

3. HIRE A PROFESSIONAL 

Remember when your Uncle Louie wanted you to buy into that "can't- miss ostrich farm"? Didn't work out so well, did it? That's why you need a CPA or financial advisor to help you decide between the cash cows and the lame ducks. 

4. DON'T OVER-INDULGE 

Five houses, 10 cars, 20 gold watches-who has time to keep up with it all? Maybe that's the point. Downsizing can have a stress-releasing upside. 

5. GET A PRE-NUP. PERIOD. 

Ah, wedded bliss...until your ex wants those five houses, 10 cars and 20 gold watches in the divorce. Remember: pre-nup to preserve your stuff. 

6. WATCH YOUR ADVISORS LIKE A HAWK 

It's great to have a team of advisors, but add one more to that group- you. Study up on finance so you can keep an eye on the ones keeping an eye on your hard-earned cash. 

7. LOSE THE FREELOADERS 

Seen Hammer's entourage lately? Neither has he. Be good to your friends, but lose the freeloaders-especially the ones that serve no purpose.

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