The National Olympic Committee of Kenya has begun training sportsmen and women on drawing up a financial game plan that can sustain them in the event that sporting activities are grounded and beyond their active years.
The training was organized following a recent survey which showed that 68% of the athletes are unemployed, 10% are in civil service and 6% in private companies.
The rest were students or self-employed.
This meant that for most athletes, their income is largely irregular, either from training allowances or winnings from competitions.
Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153
The investment options included capital preservations such as savings account with at least 6% annual returns, income generating tools such as business and capital growth investments such as shares and real estate.