Trust. It's something that you expect when hiring a professional. You trust your doctor will "do no harm" and keep you healthy. You trust your lawyer will go to the mat to defend your interests in court. Yet, you might be surprised to know, unlike a doctor or lawyer, your financial advisor is not always required to put your best interests first when offering you financial … [Read more...]
Money Monday: What Drove a Millionaire NFL Player To Live On Just $60,000 a Year?
To most, the idea of a professional athlete choosing to live on a $60,000 a year budget might seem a little strange, but, for NFL wide receiver Ryan Broyles such a choice is the first step to financial freedom. In 2012 Broyles was drafted by the Detroit Lions, signing a contract worth $3.6 million with nearly $1.4 million of that amount guaranteed. Sure, he could have spent … [Read more...]