With a net worth of $16 million, one wouldn’t have to worry about overspending on Christmas gifts, right? Simone Biles would disagree! Despite being one of the highest-paid women in sports, she likes to be cautious about how much she spends. Now, the same is rubbing off on her husband, Jonathan Owens.

In a recent podcast conversation, the Green Bay Packers player shared how Biles has instilled some financial discipline in him. Could it be because the famous gymnast had a difficult childhood?

Jonathan Owens reflects on financial boundaries set by Simone Biles

Simone Biles and Jonathan Owens made an exciting appearance on ‘The Pivot Podcast’. In the episode, Jonathan Owens opened up about his life in the NFL, being married to Simone Biles, and even having babies. However, a moment in the podcast stood out when host Fred Taylor questioned Jonathan Owens about how he manages his money. He asked, “Let them know, look, I’m still grinding. You know, just because I’m in the NFL, that doesn’t mean I got $5 million here or $2 million laid away. How are you able to navigate that with your people?”

Addressing the sensitive issue of money, Jonathan Owens shared that the people who made him stay grounded and taught him to say “No” were his mother and his wife.

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Sharing a recent incident when Simone Biles drew a line with his spending, he reflected, saying, “Just the other day (Biles said), no, you’re not getting, they’re not getting, that for Christmas. I don’t care what you say.”

This moment highlighted Simone Biles’ caution with finances and also shed light on the life experiences that have shaped her into someone who remains careful and grounded despite her substantial earnings.

Watch this story: After Discussing NIL Wealth with Sports Illustrated, Olivia Dunne Joins Best of Best at Forbes

Why is Simone Biles cautious with money?

Just weeks ago, Simone Biles discussed with CNN her role in the nonprofit organization ‘Friends of the Children’. Being a foster child herself, Simone Biles was drawn to the idea that, through the mission, foster children are provided with a paid professional mentor and friend for over 12 years.

When asked why the mission was close to her heart, she shared, “I actually was a foster kid. So I know some of those hardships that those kids go through.” Speaking of her hardships, Biles opened up, sharing, “I just remember us as kids, being so hungry, and then I just remember this cat that would get fed, and not like quite us.”

However, Simone Biles and her siblings got to stay in one foster home and made childhood memories together. Their situation got better in foster care and were eventually adopted by close relatives.

Despite Wanting Kids With Simone Biles, Jonathan Owens Pulls Breaks on Family Planning: “Let My Baby Handle Herself First”