Bankrate: Do you remember when you first became aware of money?
Charles Barkley: I probably didn't have money until I got to the NBA.
Bankrate: Were you prepared to handle it?
Barkley: The first mistake I made was, I bought like seven cars. The
best thing that happened to me was Dr. J (Julius Erving) slapped me upside
the head and said, "Listen, don't be stupid. You don't need seven
cars. Put that money in the bank and let it grow and grow and invest in
real good, positive things." It was the best thing that ever happened
to me. That's what I tell all these young guys, man, you don't need all
that damn jewelry; you don't need all those cars. Invest your money wisely,
and invest it back in the community in some capacity. Because you're not
going to play basketball forever.