Financial literacy is an issue for most young people who are setting out into the world for the first time under the tutelage of their parents or guardians. But when these young people are writing multi-million dollar checks with endorsement deals of similar magnitude, the amount of money they can spend in no time is quite astounding.
Boston Celtics former great man Shaquille O’Neal knows as well as anyone. Although he has developed the kind of business acumen that has enabled him to avoid disaster, rising star could have seen his personal finances collapse.
In a conversation with the eponymous host of “In Depth with Graham Bensinger,” O’Neal revealed how he spent $1 million in a single day — and how it taught him a valuable lesson. Watch the clip embedded above to hear his story.
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This article was originally published on Celtics Wire: Shaquille O’Neal Tells How He Spent $1 Million in One Day
