Olympic Gold Medalist Champions New Goal: Getting Kids into Sports Programs
In 1984, Benita Fitzgerald Mosley won gold at the 1984 Olympics. Now, the former Olympian is the CEO of Laureus USA and is on a mission to bring sports to under-served kids across the U.S.
Laureus USA works in cities to bring free sports programs to kids. Mosley explains that the programs also include mentoring, college counseling, and other development tools.
Mosley says one of the greatest obstacles preventing kids from getting into sports programs in the cost barrier. She also acknowledges the performance barrier due to the professionalism of kid sports. With college scholarships and other opportunities on the line, elite and expensive training programs are keeping some kids out.
When asked about what it is like to win a gold medal at the Olympics, Mosley compared it to being a 5 year-old on Christmas morning. She said she still cries whenever the national anthem plays for a fellow American athlete.
It's expected that boomers and their parents' generation will pass down $84.4 trillion in assets through 2045, according to Forbes. Paul Karger, co-founder and managing partner of financial firm TwinFocus, joined Cheddar News to discuss wealth transfer between parents and their children and when it's a good time for a conversation between them.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
