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Answering the MLB Draft’s Most Asked Questions | Travis Chick, Will McGuffey | MLB Draft Podcast #15
It’s April and the MLB Draft is starting to change from a possibility to a reality. What are some of the most common questions that prospects and their families start asking their financial teams at this point in the year as they prepare to make their big draft decision? What are some nuances that most people are missing heading into July?
From the realities and importance of a mock draft in March, to discussing spending habits and purchasing your first car, to what the value of the College Education Plan really is, Travis Chick and Will McGuffey break down a number of interesting topics in this week’s podcast.
These topics are coming from current and former MLB Draft families and prospects, as well as Travis and Will’s real world experiences in walking through the draft process numerous times. They share inside information that is important to know heading into the MLB Draft to make sure all angles are covered when making the decision whether to go to college or become a professional baseball player.
Deciding whether to become a professional baseball player or whether to enroll in college is a lifechanging decision, and properly educating yourself well in advance is the best way to prepare for the business decision that you will make in the next couple of months.
If you have any questions or topics that you would like addressed in future segments, please feel free to reach out to Travis ([email protected]) or (Will [email protected]).
Episode Highlights
- 00:30 – What do the newest Mock Drafts mean?
- 2:00 – How should I think about changing my residency?
- 6:00 – Should I buy a new car immediately after the draft, and how should I look at the purchase and use of a new vehicle?
- 9:35 – What is credit, how do I establish it, and why is it important?
- 12:40 – What is the College Scholarship Plan and how much should I be asking for from MLB teams?
- 20:40 – What does my signing bonus mean to me, and how should I start investing, and what does it mean to invest in my career?
- 27:00 – What is investing in a private market?
- 32:00 – The importance of your 18-year-old self taking care of and looking after your 60 year old self when making financial decisions.
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By AWM Capital, Erik Averill, Travis Chick, Will McGuffey
5
33 ratings
It’s April and the MLB Draft is starting to change from a possibility to a reality. What are some of the most common questions that prospects and their families start asking their financial teams at this point in the year as they prepare to make their big draft decision? What are some nuances that most people are missing heading into July?
From the realities and importance of a mock draft in March, to discussing spending habits and purchasing your first car, to what the value of the College Education Plan really is, Travis Chick and Will McGuffey break down a number of interesting topics in this week’s podcast.
These topics are coming from current and former MLB Draft families and prospects, as well as Travis and Will’s real world experiences in walking through the draft process numerous times. They share inside information that is important to know heading into the MLB Draft to make sure all angles are covered when making the decision whether to go to college or become a professional baseball player.
Deciding whether to become a professional baseball player or whether to enroll in college is a lifechanging decision, and properly educating yourself well in advance is the best way to prepare for the business decision that you will make in the next couple of months.
If you have any questions or topics that you would like addressed in future segments, please feel free to reach out to Travis ([email protected]) or (Will [email protected]).
Episode Highlights
- 00:30 – What do the newest Mock Drafts mean?
- 2:00 – How should I think about changing my residency?
- 6:00 – Should I buy a new car immediately after the draft, and how should I look at the purchase and use of a new vehicle?
- 9:35 – What is credit, how do I establish it, and why is it important?
- 12:40 – What is the College Scholarship Plan and how much should I be asking for from MLB teams?
- 20:40 – What does my signing bonus mean to me, and how should I start investing, and what does it mean to invest in my career?
- 27:00 – What is investing in a private market?
- 32:00 – The importance of your 18-year-old self taking care of and looking after your 60 year old self when making financial decisions.