Disney Channel has been a stepping stone for many celebrities, including Selena Gomez and Miley Cyrus . The channel's shows and films have remained popular over the years, helping young stars build a massive fanbase. However, former Disney star Joey Bragg has confessed that he squandered his childhood acting earnings on a lavish lifestyle.
Now 28, Joey gained fame on the show Liv and Maddie, where he played Joey Rooney, reports OK! . The series, which aired from 2013 to 2017, also featured Dove Cameron, Tenzing Norgay Trainor, Kali Rocha, Benjamin King, and Lauren Lindsey Donzis. Joey, who was an aspiring comedian when he landed his acting role, shared how he initially turned down the offer to join Liv and Maddie.
However, after being offered more money, he relocated to Los Angeles at 17 to shoot the successful sitcom. As per California state law, 15% of Joey's earnings from the show were set aside in a separate account since he was a minor at the time. Unlike other child actors' parents, Joey's parents "didn't pay themselves anything".
On his 18th birthday, he received his 15% share as a lump sum, amounting to a whopping $70,000 (£52k). The actor certainly knew how to live it up after coming into a fortune, indulging in lavish expenditures but eventually running through the lot. On the Cash Cuties podcast, Joey confessed: "I moved in with my girlfriend, I went to Coachella every year, the VIP Outside Lands, it was stuff like that.
I wasn't buying jet skis or boats or anythi.