Why do boxers blow so much money?

[rjj tszyu]

One reason is, I am not sure how you guys get taxed in Australia, but here in Canada you are taxed before you get the money, and that really helps you manage your money better. In the States if you aren't well educated you make 50 million dollars in a year you originally get it all in your pocket, so you figure you spend 34 million dollars, and that you still have 16 left over which is more than enough, but in the States you get taxed after the year is over, so then you only have 16million dollars left and you owe 25 million.

What I don't get is why these guys don't have financial planners, they are idiots if thats the case, and I don't think if they do, the financial planners put their foot down enough because they really need to tell these guys that they aren't making money forever, they need to invest(when the Economy is better), they need to be more conservative, I mean throwing away 30000 dollars at a club is just retarded.

I'm actually from the UK. Our tax system is the same as yours but I manage to get by well enough spending 0.5% of what Floyd manages to spend in a year.

[Taeth]

Damnit, I should really look at the flags closer, my bad. These guys never had money though, they don't know how to manage it. They go from rags to riches and its a hard transition to make.