Discussion on Wealth and Spending Habits

There's no reason... When I... Think about this.

Yeah.

Where I talk about being cheap when I played, not buying real watches.

Yeah.

Because, what time is it, real quick?

12:30.

12:30. That shit didn't cost me anything.

Yeah.

So why am I wearing an $80,000 fucking Rolex?

Yeah, yeah.

Making someone else rich because the name that's on the watch. Fuck you.

Yeah.

Anyway,

chains, earrings, everything was clear, right?

Yeah.

So the women during the time when I was playing,

they've already Googled how much I

make,

so what am I doing? Why am I in the club buying-

Trying to show you how rich I am with my contract as public information

... popping bottles. Listen, we popping bottles, 30,000, 40,000

fucking check, and she has on fucking

$100 heels and a $5 dress.

Mm.

Mm.

What are we doing?

What are we doing?

What are we doing? I always... I think about this, right?

And I think about how financially conscious I am when it comes to spending

money.

If I have 100 bucks-

Yeah

... and there's a woman that I want and I like,

what do I have to do to get to her? That, that 100 bucks becomes what, 50?

So you just chop everything in half.

Hmm.

So if we thought more about what are we doing, what

are we getting in return,

what's the ROI there?

Yeah, yeah, yeah.

What's the fucking ROI?

Yeah, now we're talking ROI. There we go.

What is it?

I'm just asking.

Yeah, a nut.

Nu- now... That's it.

That's it.

So I, I implore all men,

no matter how fine she is-

Yeah

... get a visual, because we're all visual creatures.

Yeah.

Mm.

Get some lotion.

How much is lotion? Lotion is nothing almost.

Lotion. Sometimes free at the hotel.

2.99.

2.99.

Matter of fact, just get the travel size.

Yeah, yeah.

Yeah.

It shouldn't be that much. Huh?

Yeah. It's not that big.

No one ever finished a whole lotion, bro.

Never.

Yeah. Yeah.

Think about post nut clarity, how many times you slept with somebody?

Yeah.

And after it's over, they got a dick.

Wait, wait, wait. Hold on. What?

Wait, wait, wait. What did you say?

What, what do you mean by that?

Damn, this is clear to me now.

Yeah.

It wasn't clear that a dick before, but now there's a whole dick there.

The balls and shit.

All the girls.

Man, it's the counter happens.

But no,

but it, it hap- it's happened to all of us-

Yeah

... I'm sure at some point.

Yeah.

Yeah.

You fight. You go through all this stuff.

You know, the whole, uh, what, what do they call it?

Um,

oh, court me.

Court me.

Yeah, court me. Take me to dinner. Let me get to know you. You know?

But you're an NFL player. Are they still making you court?

Me?

Yeah.

I ain't court shit.

I know. You take them to McDonald's.

I was going to McDonald's, drive through.

So what did-

And if you, if you make a face-

Drive through. We don't even...

Yeah.

No. It's not, I'm not parking the car.

Speaking of money, like, was there ever some, like...

You probably get offered crazy investments with people coming to you all the time.

Never did. Never did.

But you never got in.

I heard all the horror stories from all my friends, you know, during tho- during

those times.

87% of us go broke. That's 87%.

The number has continued to climb since I was playing, so obviously, even

though people are making more money now than the day-

Doesn't matter

... it doesn't matter because we're... No, it's not happening.

I'm not doing it. I'm not doing it.

Who put this in you, like, at a young age?

'Cause-

I, I... My, my grandmother, my grand- grandfather was cheap.

Interesting.

My grandfather was cheap.

Yeah.

He was cheap. And my grandfather,

well, fuck it, I can say it now, he was in the streets.

Yeah.

Big time.

Yeah.

I was blind to it. Didn't know it. My grand- my grandma, complete

opposite, in church every Sunday.

Of course.

Bible study.

Yeah.

Eastern Star, white church, chores, gospel

playing, like that.

Yeah.

And grandpa was complete opposite.

Opposite.

But you couldn't tell.

Yeah. Yeah.

So plain, but once I come to learn who he was,

"What?

He had all that?"

Interesting.

Plane, seaplane, had a boat.

Oh, wow.

Oh, yeah. Big boy.

Oh, wow.

But I couldn't tell, but

I, I guess that's where I got the cheap thing

from.

But he was frugal. He was-

Nah, I... Yeah, he was, but

I still will enjoy myself from time to time.

Well, there's a difference between being cheap

and enjoying yourself.

Yeah, from time to time.

Because I feel like if you're enjoying something yourself,

this is value you're

getting out of money spent.

Right. Right.

Cheap, I think is, like, or frugal is not being wasteful

with your money.

Mm-hmm. I think a lot of people, most of the time when you,

when you get money,

they love to pay for convenience.

Uh, that is really nice though, I'm not gonna lie.

You know? I don't pay for convenience.

Really?

I enjoyed Spirit Airlines, and now I'm kind of fucking pissed

that they're gone.

Oh, I see. Yeah.

I, I sat in the same exit row 13A every

single time, anything under three hours.

Mm.

The only time I flew, like coming here, I had to fly American.

Yeah.

But it wasn't on my dime.

Yeah, yeah.

You know, I had to fly to Vegas, but it wasn't on my dime.

Mm-hmm.

Hey, that JetBlue Mint, that shit is nice.

It is nice.

Mm-hmm.

Huh? East to West Coast, West Coast to East.

It is nice.

Mm-hmm.

That was nice.

But you would never splurge for a private jet or anything?

Private what?

Because it's too much, bro.

Fuck out of here.

Yeah, it's-

Man, you fly private. Me and, me and Shannon were fucking arguing about

this on the

podcast.

Yeah.

He's flying on private jets, oh, 50, 50,000.

That's how you go broke, bro.

For what?

For one way. You go New York to LA is 50 racks.

Dude, for what?

Yeah.

Okay, you go private, right?

Mm-hmm.

Convenient. No line, whatever. You go right, you get on the plane.

I stand in line.

Huh?

I'm not getting, um, what do you call it? Pre-Check?

Yeah.

I'm not paying for that shit. I have no problem standing in line.

Yeah.

I can stand in line with everybody else.

Yeah, yeah.

'Cause when we get to the gate, even if you get be-

get through the gate before me

through security-

We'll leave the same time

... you still have to wait in line.

Yeah.

Mm.

You board the plane before me.

Yeah.

We still get off the same plane. We still land at the same goddamn time.

Yeah.

Nothing changes.

Yeah.

So I'm gonna save whatever it is I can.

Yeah.

Let's say you do fly private. Okay, you fly in three, three, three,

three hours

earlier. I'm still coming right behind you three

hours later.

Yeah.

And I save without having to spend the money.

But, like, did... Was there a guy who advised you

financially, like-

No, because I've seen enough mistakes.

Mm.

But so then what did you do? You just put your money in, like,

you know, some sort

of investment fund through the bank?

Mm-hmm.

So you basically were like, "I'm gonna be conservative.

I'm not gonna spend."

Mm.

"But I'm also not gonna take on these wild investments that are super risky."

No, not, not happening, because the super risky stuff is cool,

but

I'm not making enough to be able to lose money.

Interesting.

I can't take those chances.

Was there a number?

Now, if I was in the NBA-

That's different

... all right, it's different.

Now we're gonna have fun.

You can take chances.

Yeah.

Now you, you can play.

Yeah.

You can play those game because everything is guaranteed.

Like, I-

That's the other thing

... I can get hurt.

Yeah.

And then now what?

How much money did you make playing? That's open, right?

Like, that's not a-

Yeah

... weird question to ask you?

Wonder how much did I make. How much money did I make playing?

Let me look.

Looking it up right now.

That's a good question.

I can tell you how much I saved.

How much-

I can do that

... 87%.

About 80, 80, 81, 82.

Yeah, I read that somewhere.

Based on the, based on the figures and the numbers.

Wow.

It said, "Chad Ochocinco Johnson earned

approximately $48 to $49 million-

Holy shit

... during the course of his 11-year career."

Wow.

Yeah.

Wow.

Yeah. Hey, can you do me another favor?

Yep.

Can you type in who the cheapest NFL athlete ever?

Who is cheapest

NFL athlete?

If Google names you, that is dope.

"Chad Johnson, known as Chad Ochocinco, is widely considered the cheapest or most

frugal NFL player in history."

That is fire.

That's... What the fuck? Is that, is that for real?

Yep.

Yeah.

Huh? That's what I'm talking about. Go, go down.

Let's look at Chad Johnson's frugal habits. "Stadium housing.

He secretly lived inside Cincinnati Bengals stadium during his first two years

to

avoid paying rent." I heard that. "Budget travel.

He drove an inexpensive smart car."

Smart car. Still got it.

"Chose budget airlines like Spirit instead of private jets."

Spirit Airlines. Let's go.

"Bargain accessories. He routinely wore fake jewelry-

Uh

... and his $8 watch from Walmart. Low cost dates.

The standard first date involved taking women to McDonald's." Wow.

Wow.

They're trying to put Gronk down there and Kurt Cousins.

They say Gronk's up there with you.

Yeah, Gronk and Marshawn Lynch.

Oh, is Marshawn cheap?

Oh, what?

Tell me.

Oh, yeah, he's the same.

Really?

He's the same. Yeah, he's the same way. I, I don't think he's...

I, I go to the extreme with it.

Yeah.

And don't give a fuck.

Yeah.

Because I told everybody what I'm doing.

Mm-hmm.

I'm letting you know while I'm making $10 million for real,

this shit ain't real.

Yeah.

What are you gonna say to me?

Nothing.

Mm.

What are you gonna say?

Once you're not ashamed of it, you can't shame someone for it.

Yeah. No, no, no