By Patrick Magoon
Carolina Panthers wide receiver Devin Funchess will be playing out the fourth year of his four-year, $5.5 million rookie contract. In 2015, Funchess decided that he would set aside $8000 per month to spend on materialistic items. The rest of the money he earns under his rookie contract will go into his savings account.
If you add up his monthly allowance over twelve months, you will notice he saves $96,000 per year. By the end of the 2018 regular season, Funchess will have saved $384,000.
You may be wondering why Funchess has decided to save all this money? Here is what Funchess had to say about his saving habits.
“Have you ever been poor? Have you ever been through rough times? Financially unstable, had to move here and there?” Funchess said via ESPN.com. “You don’t want to go back to none of that bull crap, right?
Funchess got caught in some trouble growing up. He grew up in the “hood” area of Detroit. Funchess was evicted three times, and his mother lost a lot of money feeding her gambling addiction. He has lost several close family members and friends, something he will not elaborate on.
Luckily, Funchess didn’t have to fight through tough situations on his own. He received some emotional support from his grandfather and his cousin Antonio Gates, who happens to be a professional football player.
Funchess’s grandfather almost entirely raised Funchess by himself. He taught Funchess how to keep a positive outlook on life despite any challenges you may endure during your lifetime.
Devin Funchess recalled this quote said by Gates (via ESPN.com):”Every time … Keep working, Cuz. Don’t get in trouble.”
The positive influences in his life have taught him how to save his money.