Cops Alive | Police Stress and Health - Career Survival

In the story, the couple has many of the financial struggles common to those in law enforcement. Throughout the story, the reader learns a simple system of organizing their money through the financial ups and downs the characters go through.

it’s very important for you as law enforcement professionals to take ownership of your financial future both to reduce your stress about money matters but also to become more comfortable with what is happening with your money and your future.

You’ll be rewarded with a wealth of life changing information by reading all three of these books at least once a year.

finance is an area people struggle with, but police officers face unique challenges. There are five cycles cops go through in their relationship with money.

If you’ve followed my writings for a while, you may have noticed my slant on financial planning for police officers is less about money and more about a rewarding and satisfying life.

Now working as a cop, you’ll remember that in order to buy that thing, you’ll have to spend X amount of hours away from your kids, your spouse, or whatever you enjoy doing, to afford it. You’ll make better buying decisions and get far more pleasure out of life.

I met Robert G. Allen author of “Cash in a Flash: Fast Money in Slow Times” that he co-wrote with Mark Victor Hansen. I was honored to meet Robert because I have read a couple of his books: “Multiple Streams of Income”, “Nothing Down”, “Cracking the Millionaire Code” (also co-written with Mark Victor Hansen) and was very impressed by his books and ideas.

To correctly estimate how much you’re worth per hour as a police officer, you need to first calculate how much time you spend doing things for work that you don’t enjoy or wouldn’t do if you didn’t have to.

how much are you trading your life in law enforcement, for in exchange for your employer’s money? Strange idea, isn’t it? But as cops we should really be doing some financial planning.

Police officers are like most people and have no idea how much they pay for investment, insurance, or retirement advice. A lot of people mistakenly assume they receive free advice. Some advisors do not explain their fees and many consumers do not take the time to ask. People in law enforcement, like most people, are usually shocked when I explain how much they’ve been paying in commissions or fees.