Money Without Maturity – Lessons From Trevor Ariza, Lamar Odom, and the Price of Not Being Prepared
- Brainz Magazine
- Aug 15
- 4 min read
Carlos Wallace is a bestselling author, motivational speaker, and filmmaker, as well as the CEO of Sol-Caritas. A U.S. Navy veteran, he empowers communities nationwide through entertainment, education, and advocacy.
Trevor Ariza made over $116 million during his NBA career. Lamar Odom made over $114 million. Both men reached the top of their profession and earned more in a few years than most people will see in ten lifetimes. That is generational wealth. Yet today, both have faced financial ruin. Ariza, at 38, is broke. Odom has made headlines for eviction notices and unpaid rent.
They are not the first to lose it all, and they will not be the last.
So, how does it happen? How does someone go from nine figures to nothing in such a short time? People point to taxes, agent fees, bad investments, and high living costs. Those are real factors, but they are not the root of the problem. Even after deductions, these men still took home more money than 99 percent of working Americans. This is not just about money. It is about what happens when success arrives before the foundation is built.
I started working in the railroad industry in 1994 and averaged around $112,000 a year for 22 years. That comes to just under $2.5 million in total. That is not even a fraction of what Ariza or Odom earned. I paid union dues. I paid child support. I paid taxes like everyone else. And yet, I retired at 45, built a full-time career as an author, entrepreneur, and filmmaker, and at 54, I am living with purpose. That was not luck. It was intention, discipline, and a willingness to prepare for the long term.
My father used to say, “Money is only worth something if you know what to do with it. That is why you do not need it when you are young.” I did not understand at the time. I thought he was being hard. Now, I wish I could tell him face-to-face that he was right.
The truth is that many young athletes and entertainers are set up for failure. The money comes too fast, and the education comes too slowly. They go from humble beginnings to signing eight-figure contracts overnight. Suddenly, they are juggling business managers, financial advisors with their own agendas, luxury lifestyles, family expectations, and high taxes all at once. Without preparation, it is a recipe for disaster.
Success does not save you. If anything, it magnifies what is broken. People see the mansions, the luxury cars, and the red-carpet moments, but they do not see the sleepless nights or the old wounds money cannot heal. That is the part we do not teach.
In my next book, one chapter is called The Pillowcase Theory. It is about protecting your peace before you pursue the paycheck. If your mind and spirit are not secure, money will only make the chaos louder. I have seen it many times. Men and women who had enough to change their entire family tree lost it all because they were still living in survival mode: no vision, no plan, no structure.
Here is the reality:
Fame without foundation is a setup.
Money without maturity is dangerous.
Possessions do not protect you from pain.
I am not speaking from a place of judgment. I have made money, and I have lost money. I have made mistakes and had to relearn lessons I thought I already knew. The difference is that I built systems. I surrounded myself with people who challenged me. I treated discipline as a requirement, not an option.
We praise the grind but rarely teach growth. We celebrate the “come up” without teaching how to keep it. That is why we see so many headlines like Ariza’s and Odom’s.
If you do not have a plan, money becomes a burden. If you do not have healing, money will feed the hurt. If you do not have structure, money will highlight the cracks.
Every city has a Lamar. Every family has someone who came into money too fast, who got free before they got focused. Most just do not make the news.
The question for anyone on the rise is simple: Do you want to just make money, or do you want to build wealth? One can vanish overnight. The other can last for generations.
Build now. Build the mindset. Build the habits. Build the structure that will hold you steady when the applause fades and the checks slow down. Because one day, the money will come, and when it does, you need to be prepared to do more than spend it. You need to know how to sustain it.
Because the real test of success is not how much you make. It is how much you are equipped to keep.
Read more from Carlos Wallace
Carlos Wallace, President & CEO | Author | Filmmaker | Motivational Speaker
Carlos Wallace is a bestselling author, motivational speaker, and filmmaker who transforms real-life experiences into powerful stories that inspire change. A U.S. Navy veteran and former union leader, he brings a unique perspective on perseverance, purpose, and leadership. As CEO of Sol-Caritas, he produces socially conscious entertainment that uplifts communities. Through his books, films, and nationwide speaking tours, Wallace challenges audiences to live with intention and impact. His work bridges the gap between motivation and action, helping others turn adversity into an advantage.
