A short time after receiving his first NBA paycheck, Richardson went to the mall and purchased three Cartier bracelets. He later arrived at his condo building lugging a handful of bags and he set them down to press the elevator button.
Richardson made it back to his condo — the bag with the bracelets never did.
It was a brutal lesson to learn, and something he now calls the “dumbest purchase” he’s ever made.
Richardson says he’s learned a lot since that day and the six NBA seasons ever since.
“I’ve always been super cheap,” Richardson said after sharing his biggest money mishaps.