How NASCAR's Bubba Wallace spent his first | Global Market News
In 2021, Bubba Wallace turned the first Black driver to win a NASCAR Cup Series race in 58 years. It additionally earned him his first huge paycheck as a driver. Wallace joined TheStreet to share what he purchased with his first profitable examine, in addition to some of the financial advice he obtained alongside the best way.Transcript:Bubba Wallace: We used to have rookie seminars that we might go to, and so they had a lot of shops and a lot of third events. If you’ll are available and discuss their product and how they’re keen to help. And it was at all times simply a cellphone call away. I got here from a, I suppose, what am I making an attempt to say? My household dealt with their money pretty nicely and had a little bit of wealth information to permit me to have the identical and keep me grounded on what to spend money on, what to not spend money on. I’ve a lot of costly hobbies, I’ll say. And so now my saving grace is my spouse. She’s a finance main. So now we have a lot of conversations about future purchases.Related: NBA star Tristan Thompson launches basketball analytics toolI do keep in mind my first buy. This was 2010. I had purchased my first TV flat screen TV that I had for a whereas. I do not I do not know what occurred to it now, however that was the first one. And back when TVs have been I feel I really feel like TVs have gone up and down. I feel it was like, I do not know, $1,500 bucks, $2,000 bucks. I feel 5 years in the past, that might have been like most likely $10,000. So now we’re back to the great costs again.
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