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How To Save Money In Your Fantasy Football League

It’s that time of year again. Football season. Can you smell it in the air? I went to my first football of the season this past Saturday. We went to the Florida Gators vs. Hawaii Warriors, and the gators kicked butt. If you didn’t know, I’m a huge gator fan. All you bulldogs, volunteers, tigers, and seminoles can still read this blog, but realize that I don’t like you on Saturdays. Anyway, football season is here, and that means your fantasy football leagues are here as well. It is by far the most popular fantasy league of the year. Some of you might be asked by several different people to join their league, but there’s only so much time in a day! Offices around the country will suffer, but you don’t care. If you’re going to join some fantasy leagues this year, here are some tips for saving money this year.

  1. Don’t spread yourself too thin. Don’t join ten different leagues. I know it increases your chance of winning, but it gets expensive, and you could easily not win any of the leagues. You’ll never have the time to keep up on all of them, so pick one or two with the people you know the most, and go with those.
  2. Drop and Add players wisely. Some leagues charge for every player you drop and add. Do your research, and make sure if you drop/add a player that it’s a player who can make an immediate impact on your team.
  3. Do your own research. You can literally spend hundreds of dollars paying for magazines and informational fantasy websites that charge money to give you tips and advice for a better league. These resources are not worth it. Do your own research, buy one magazine with a list of the top players, and cross your fingers. Like any competition, there is a great deal of luck involved if you want to win. Don’t spend more money researching about how to win your league than the amount you would actually win in your league.
  4. Play with people you know. You must pay attention to your team, the league, and all information going on in the NFL if you want a chance to win. Playing with people that you know will keep you more engaged in the league. It’s also more fun to trash talk.

Anyone have any more tips for saving money in fantasy football other than just NOT playing? I’ve been playing for five years, and I am yet to win. Maybe this year will be my year. I need to stay away from old players. They always get hurt!

Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.