NIL Income: What You Keep, Spend, and Invest

Carson Eddy, CFP®, Elizabeth L. Brasher, J.D., CDFA®, CWS

June 4, 2026

In this video, Carson Eddy and Elizabeth L. Brasher break down how NIL athletes can spend money safely and intentionally while building a strong financial future. As NIL income continues to grow, understanding what you actually take home — after taxes, agent fees, and advisor costs — is the first step to spending with confidence.

Presented by:

Carson Eddy, CFP^® | Financial Planner
Elizabeth L. Brasher, J.D., CDFA^®, CWS | Partner, Wealth Advisor, Waverly Women Practice Leader

In this conversation, Carson and Elizabeth walk through how to build a budget that works for athletes, how to prioritize spending based on personal goals, and why investing early can make a significant difference in long-term wealth.

Key topics include:

Why your take-home pay is different from what you earn
How to build a budget that shows you what you can safely spend
Having tough conversations about overspending
Prioritizing spending based on what matters most to you
Supporting family while still investing in your own future
The compounding effect and why early investing matters
Starting with the end in mind and working backwards toward your goals

Whether you are an athlete, parent, or advisor, this video offers practical guidance for spending wisely and planning intentionally with NIL income.

Learn more about how Waverly Advisors helps athletes take a comprehensive approach to financial planning.

To reach Carson Eddy, CFP^® – Financial Planner
Email: [email protected]
Phone: 205.314.6212

To reach Elizabeth L. Brasher, J.D., CDFA^®, CWS – Partner, Wealth Advisor, Waverly Women Practice Leader
Email: [email protected]
Phone: 205.747.3945

Music Credit:
Song: Olif — Be Yourself
Music provided by Vlog No Copyright Music.
Video Link: https://www.youtube.com/watch?v=mHqV1VCWrpo

IMPORTANT DISCLOSURES

The information presented in this document is for general informational and educational purposes and is not specific to any individual’s personal circumstances. Nothing in this document constitutes, or shall be relied upon as, investment, legal, or tax advice to any person. The information in this document is provided effective as of the date of its publication, does not necessarily reflect the most current status or development, and is subject to revision at any time. Investing involves risk, and past performance does not necessarily predict future results. None of Waverly, or any of its officers, members, or affiliates, in any way warrant or guarantee the success of any action that anyone may take in reliance on any statements or recommendations in this document.

Waverly Advisors, LLC (“Waverly”) is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about Waverly, including investment strategies, fees and objectives can be found in Waverly’s ADV Part 2A Brochure and Form CRS (Customer Relationship Summary), available at https://waverly-advisors.com/.

You should not assume that any information provided serves as the receipt of, or as a substitute for, personalized investment advice from Waverly. This information should be used as a reference only.

Investment advisory services are offered by Waverly Advisors, LLC, an investment adviser registered with the Securities and Exchange Commission.
© 2024 Waverly Advisors, LLC. All rights reserved.

For more information, please see our other important disclosures: https://waverly-advisors.com/otherimportantdisclosure/

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MEET THE AUTHORS

Carson Eddy, CFP®

Financial Planner

Carson Eddy has been with the firm since October of 2022. He serves as Financial Planner with Waverly Advisors. Shouldering a variety of responsibilities, Carson is responsible for the creation and delivery of comprehensive financial plans for high-net-worth individuals and families, as well as following through with clients on the implementation of the plans. Carson holds a Masters’ degree in Family Financial Planning and Counseling at the University of Alabama and has successfully completed the Certified Financial Planner exam.

Elizabeth L. Brasher, J.D., CDFA®, CWS

Partner, Wealth Advisor, Waverly Women Practice Leader

Elizabeth enjoys seeing clients thrive in all areas of their lives and finds that when you feel balanced and secure in your financial life you find more joy in all other areas of life. She works with individuals, couples, and families to create financial plans that create peace of mind for clients for multiple generations. Using customized financial planning, investment strategies and estate planning tools, Elizabeth helps her clients establish a unique legacy based on what is important to them. Above all, Elizabeth loves building relationships and partnering with clients at every stage in their financial journey.

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