Leylah Annie Fernandez of Canada returns a backhand against Anastasia Pavlyuchenkova of Russia during their singles first round match in the Internazionali BNL D’Italia at Foro Italico on May 09, 2022 in Rome, Italy.
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Leylah Fernandez is no ordinary 20-year-old. She is ranked among the top tennis players in the world. She’s won two Women’s Tennis Association titles and was a U.S. Open finalist in 2021.
But Fernandez is also making a name for herself off the court – and she’s passionate about financial literacy.
This week, Fernandez was in New York as Morgan Stanley and the WTA announced a new, multi-year global partnership. The program fosters inclusivity and expands access to the game of tennis. In addition, the partnership will include financial literacy and planning resources for players.
“Morgan Stanley’s partnership with the WTA is a great step forward for women’s sports in general. I love to see companies that support women’s sports because there is…
2023-03-03 08:44:45
Source from www.cnbc.com
Canadian tennis sensation Leylah Fernandez is urging athletes at all levels to educate themselves about attaining financial success. The 18-year-old rising star, who is currently ranked as the second highest-ranked Canadian female player, is focused on her career goals and believes that developing financial literacy is just as important as physical skill for athletes.
In a recent statement, Fernandez highlighted the need for athletes to acquire knowledge and take responsibility for their own financial situations. She reminded athletes that once their playing days are over, they will need to know how to manage their finances in order to ensure a secure future.
Fernandez appears to have done her own homework when it comes to maintaining a healthy fiscal position, having partnered with an investment management company to help manage and grow her own finances. By taking advantage of professional expertise, she hopes to set an example for other athletes who might not be as familiar with the nuances of financial investing.
The tennis star believes that by becoming financially literate, athletes can discipline themselves so that the money that comes in does not adversely affect personal growth. She advocates for taking measures such as setting boundaries for spending and exercising restraint when it comes to allocating funds for investments.
Ultimately, Fernandez stresses the importance of having educated advisors and mentors who are familiar with the financial intricacies of being a professional athlete and can guide them in the right direction.
In her statement, Fernandez sums up her message by encouraging athletes at all levels to be proactive when it comes to financial literacy, because understanding personal finance is the key to success both on and off the court.