What I plan to do with my money [Video]

Braden Fiske is set to become a many newly-minted millionaires — and he already has a head start on financial planning.

Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. The median value for a second-round contract, which Fiske is expected to sign, is roughly $8 million over four years, including a $2.7 million signing bonus, according to MarketWatch.

That may be his largest payday to date, but it won’t be the first time he’s experienced a large infusion of cash. Fiske, a former Florida State University defensive tackle, earned six figures in college through endorsement deals under the NCAA’s name, image and likeness (NIL) policy, he told Business Insider earlier this month.

Earning so much money at such a young age convinced Fiske that he needed help figuring out the best way to spend and save his football earnings.

“I …