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Lions WR Ryan Broyles Saving Money for Family by Sticking to $60K Annual Budget

August 10, 2015   ·     ·   Jump to comments

ESPN.com's Michael Rothstein published a story last Friday about Detroit Lions wide receiver Ryan Broyles, highlighting the player's steadfast approach toward long-term financial security.
Rothstein's piece focuses on the figure of $60,000—a mark Broyles notes as his "give or take" annual expenditure target for lodging, food, entertainment and living expenses for him, his wife and newborn.

For many, it's not exactly a "roughing it" figure. But for a professional football player on a four-year, $3.6 million contract ($1.42 million guaranteed), it's living well within his means.
"I studied as much as I could," Broyles told Rothstein, explaining how an NFL rookie symposium made him think about his financial future. "Talked to people wealthier than me, smarter than me. So that definitely helps."
After plotting out a number that would let him live comfortably in the interim, Broyles began investing money and spending on things any other young, workaday father m...

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