Charles Barkley Talks Getting Some Financial Wisdom From Dr. J
Charles Barkley is known to be doing well these days on the financial front, and he recently shared a pearl of financial wisdom he received from none other than Julius "Dr. J" Erving.
Barkley was a guest on a recent episode of Shannon Sharpe's Club Shay Shay podcast and on the show, the two started discussing athletes who blow their money on nonsense, and the Round Mound of Rebound himself copped to not always being fiscally responsible.
"I first was an idiot when I got my money," he said.
However, Dr. J said something that helped set him straight.
Barkley said that at the time he was throwing money around and owned three or four cars at the time.
"And Dr. J says, 'How many of those cars can you drive at the same time."
It's a fair question, although, someone of Barkley's size could probably drive two Smart cars at the same time, but I am fairly certain this conversation he is recalling happened long before those were a thing.
"I said, ‘One." He says, ’So why do you got four?' He said, ‘Chuck, this money got to last you for the rest of your life,’" Barkley said. "‘Everybody knows who you are. You pull up in a Kia, they know that’s Charles Barkley. You pull up in a Mercedes Benz or a Rolls Royce, that’s Charles Barkley."
Barkley added that he doesn't "mind a little ice." but questioned how many athletes realize the financial well can run dry pretty quickly.
"They do know that money ain’t gonna last forever, right?" he said.
Sharpe was right there with him.
"I don’t want to be poor — I’ve been poor," the former tight end-turned broadcaster said. "I know what it’s like to eat raccoon, possum, sardines, Vienna sausages, pig ears, pig tails, pig feet — I don’t wanna eat that no more, Chuck, unless I want to."