Photo Courtesy || Edward Kelly |
Just like Edward Kelly who is now almost ready to launch his new business venture - a water refilling station in his hometown in Baguio City.
He called his water refilling station "Mr. Twenty One Water Delivery" which is the first refilling station located in his Barangay.
Water refilling business is one of the most promising and highly profitable business today because people wanted to have a clean source of water to drink.
"I have thought of this type of business way back. My cousin wanted to try this livelihood, but since he's away, I got the opportunity to do it. I am the first in our barangay to do this," Kelly said via abs-cbn sports.
For Kelly, he pretty well understand that his career in Mix Martial Arts has an expiration and it is not a lifetime source of income. So while he is strong, he find ways to maximize his earning so he decided to invest in water refilling business.
"I saved up money from my winnings to put up this business. I don't want to compromise my family's future because I'll never know what I'll be in my 50's," Kelly said.
Kelly has an entrepreneurial mindset and he knows how he can make his savings from his winnings grow and be able to provide money for his family in the future.
According to him, he doesn't want to be like other athletes who succumb to financial problems when they retire.
Kelly makes it a habit to go straight to the bank and deposit a portion of his prize purse after each and every bout.
Investing his hard-earned money is the best decision Kelly has ever done to prepare for his retirement in the future.
Investing in any passive-generating income will provide him and his family a source of cash in times when his body can no longer work.