
via Imago
LOS ANGELES – OCT 24: Wayne Gretzky, Emma Gretzky, Janet Jones, Tristan Gretzky, Trevor Gretzky, Ty Gretzky at the The Sound And The Fury Premiere at the Fine Arts Theater on October 24, 2015 in Beverly Hills, CA PUBLICATIONxINxGERxSUIxAUTxONLY HPA Los Angeles OCT 24 Wayne Gretzky Emma Gretzky Janet Jones Tristan Gretzky Trevor Gretzky Ty Gretzky AT The The Sound and The Fury Premiere AT The Fine Arts Theatre ON October 24 2015 in Beverly Hills Approx PUBLICATIONxINxGERxSUIxAUTxONLY Hpa

via Imago
LOS ANGELES – OCT 24: Wayne Gretzky, Emma Gretzky, Janet Jones, Tristan Gretzky, Trevor Gretzky, Ty Gretzky at the The Sound And The Fury Premiere at the Fine Arts Theater on October 24, 2015 in Beverly Hills, CA PUBLICATIONxINxGERxSUIxAUTxONLY HPA Los Angeles OCT 24 Wayne Gretzky Emma Gretzky Janet Jones Tristan Gretzky Trevor Gretzky Ty Gretzky AT The The Sound and The Fury Premiere AT The Fine Arts Theatre ON October 24 2015 in Beverly Hills Approx PUBLICATIONxINxGERxSUIxAUTxONLY Hpa
NHL G.O.A.T. Wayne Gretzky has always had a cautious approach toward money. The ice hockey legend followed his father’s financial advice of being simple and expecting less. As an austere person, Gretzky invests only in necessary things and avoids overspending. His children, however, do not feel the same way and often mock him for being conservative with his money.
Gretzky, with a net worth of approximately $250 million, believes that no one should change their way of living after being famous, because it “could end tomorrow”.
ADVERTISEMENT
Article continues below this ad
Wayne Gretzky has a mantra for money
The Great One gave his financial opinion in an article for Money Sense in 2012. When Trevor Gretzky signed a contract to play Major League Baseball with the Chicago Cubs, his father recalled his first real job playing under Indianapolis Racers. Just like Walter, the White Tornado was strict with Trevor’s first signing bonus saying, “It’s in the bank now, and you don’t get to touch it.”
Gretzky believed it was crucial to think about the future from the very first day of one’s career. Definitely, saving more than spending has always been the mantra for him.

via Getty
LOS ANGELES, CA – NOVEMBER 17: Wayne Gretzky speaks onstage during a special press announcement hosted by Honda and The NHL during the LA Auto Show at The Los Angeles Convention Center on November 17, 2016 in Los Angeles, California. (Photo by Phillip Faraone/Getty Images)
Gretzky felt proud for being restrained with money. For him, “it doesn’t matter how much wealth you have, or how much you make in a particular year: you don’t change your way of living. Stay true to who you are. That’s how I’ve lived my life. I don’t drive a $100,000 car. In fact, my kids sort of laugh at my car, but I don’t mind. I still enjoy driving it”.
Early in his career, Gretzky was not fully receptive to the idea. Though, when he hit his 60s he was glad to have had the best financial advisor with him, his father Walter Gretzky. In addition, the Great One wrote, “Time goes by quickly, and as I’d come to understand later in life, financial planning at a young age is critical for securing your future”. Doesn’t matter how attacking his game was, he always chose to be calm and thoughtful before investing money.
ADVERTISEMENT
Article continues below this ad
The center forward’s defensive approach
As an entrepreneur, restaurant and winery owner, and brand ambassador for TD Bank, Gretzky can proudly boast about some of his successful ventures. Gretzky feels his conservative attitude toward money prevented overspending and helped him to get success. Passing the same mentality onto his children, he feels it’s necessary for everyone to categorize expenses.

via Getty
LOS ANGELES, CA – JANUARY 27: NHL Top 100 player Wayne Gretzky poses for a portrait at the Microsoft Theater as part of the 2017 NHL All-Star Weekend on January 27, 2017 in Los Angeles, California. (Photo by Brian Babineau/NHLI via Getty Images)
The Great One advised rookies to become old-fashioned in securing their money. His advice is certainly credible. No matter what, the Great One continues to flourish even after retirement. A G.O.A.T. indeed!
ADVERTISEMENT
Article continues below this ad
Watch This Story – Here’s a Look at Top Homes Owned by NHL Players
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT