Photo: Financial Literarcy for Puerto Rican Boxers
A group of Puerto Rican boxers, including former Olympian Felix Verdejo, for the second consecutive year will attend money-management workshops meant to ensure that they don’t wind up bankrupt, as has occurred to other former boxing world champions.
The other boxers who have confirmed their participation on Saturday in the “Financial Champions” workshops, organized by the Alma Financial Assistance firm, are Christian Lamboy, Jose Gomez, Harold Roman and Verdejo’s trainer Ricky Marquez.
The 19-year-old Verdejo, who is 3-0 as a professional after competing in the 2012 London Olympics, emphasized the importance of participating in the workshops.
Marquez, meanwhile, acknowledged that the workshops will help the young boxers to avoid ending up like many of the 70 Puerto Rican world champions who have been financially ruined.
“We have to prevent this from happening to our future champions and we, the trainers, also can learn a lot here,” Marquez said.
The subjects to be covered at the seminar include the importance of saving, investments, management of credit cards, avoiding identity theft, the importance of having good credit and bank accounts, among other things.