Financial Lessons from the Game of Basketball
Financial Lessons from the Game of Basketball
Defense wins championships.
You’ve heard the adage. Coaches, players, announcers, fans, and pretty much everyone involved in team sports believes that defense wins championships.
And it makes sense.
If you can stop the other team from scoring it stands to reason that you’ll have a good shot at winning the game.
While you’ve probably heard the adage used in many sports, you probably hear it used most often in reference to basketball, especially the National Basketball Association (NBA).
So, what does this have to do with personal finance?
Glad you asked.
Let’s delve into financial lessons from the game of basketball.
Offense or Defense?
The game of basketball can be broken down into two basic elements: offense and defense.
The same is true of personal finance, with the equivalent elements of personal finance being income and spending. More specifically, increasing your income or decreasing your spending.
Like the competing elements of offense and defense in basketball, you can make financial progress by increasing your income and/or decreasing your spending.
You need both to succeed, but which is better for winning the game?
The personal finance community is somewhat torn on which element is most important for financial success. Some advocate that increasing your income (offense) is most important because there’s unlimited potential. Others feel that decreasing your spending (defense) is most critical to reduce debt and live within your means no matter your income.
The jury is still out on whether income or spending is more important, but what about basketball? Does defense really win championships?
Does Defense Really Win Championships?
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Sometimes This Time Really Is Different
Notes From the Field By James Hickman (Simon Black / Sovereign Man) September 21, 2026
Some time in the middle of the second century AD, on the shores of the extremely picturesque Lake Iznik in modern-day Turkey at the site of the ancient city of Nicaea, a boy named Cassius Dio was born into a locally prominent family. His father was a Roman politician, his mother was Greek, and young Cassius Dio grew up in a bilingual household speaking Greek and Latin at a time when the Roman Empire was at its absolute peak.