Since his retirement from football in 2004, former Cowboys running back Emmitt Smith has kept himself busy. With his hand in numerous businesses such as The Gents Place, Smith has done a good job of making sure he is not one of the 78 percent of NFL players who go bankrupt or are under financial stress two years after their retirement.

So how does avoid the pitfalls that plague other athletes? Smith discussed this in a Q&A with Reuters.

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