Many have searched for the pattern, or a model, to explain why the rich are rich. Thomas Stanley has made a living studying and writing about wealthy people. He found consistent behaviors among them and first wrote about it in the “Millionaire Next Door.”
In the classic book published in 1937, “Think and Grow Rich,” Napoleon Hill wrote about the “16 laws of success” after twenty years of studying wealthy people.
Certainly many things separate the rich from the poor. Contrary to what the poor want to believe, it’s not only luck or fate. Of the 2009 Forbes 400 richest, 274 (68%) are self-made, but… Continue reading
Social Media Tips for Cops is an interview with our CopsAlive.com contributor Chuck Rylant about The 7 Deadly Mistakes Cops can Avoid with Social Media in Business or on their personal pages.
First, Our Congratulations to our CopsAlive.com contributor Chuck Rylant who just recently retired from his career of over a decade in law enforcement to pursue his financial management business full time. Before he opened his financial planning practice, he worked in a number of different police roles including detective and SWAT team member. He was also a firearms and self-defense tactics instructor. Way to go Chuck and congratulations on your transition!
As he has developed his financial management practice Chuck has become an expert of sorts on the business use of Social Media networks like: Facebook, Twitter and LinkedIn. In our 30 minute interview we discuss how you can better utilize the social media networks for… Continue reading
Previously we calculated how much we are really worth per hour as police officers and how it is far less than we thought. Now I hope to pull it all together into a usable concept. Believe it or not, figuring your true hourly wage is all about debt. Doing this exercise will help you get, and stay out of, debt forever. The reason we all go into debt is to overcome some unhappiness in our life.
We as police officers and sheriff’s deputies use debt to live a life we really can’t… Continue reading
In my last post I suggested that the hourly wage your agency exchanges for your life, working as a police officer or sheriff’s deputy, is worth far less than you think. In this post I’m going to help you get a better handle on what that number really is.
To correctly estimate how much you’re worth per hour as a police officer… Continue reading
As a police officer have you ever wondered out how much your life is worth? I’m not talking about your value as a cop nor your net worth, which is the value of everything you own minus your debt. I mean 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.
This will be no surprise to you… Continue reading
Social Networking is a bit of a stray from my typical financial planning topics, but earning money is not. I’ve received a lot of questions about social networking after I was quoted in several news articles about Facebook, Twitter and Linked In. Financial advisors were the audience of the articles, but the information is relevant to any business or profession. You can Google my name if you’re interested in reading the articles. (Isn’t it neat how Google has become a verb?)
Let me begin by addressing the many that are reluctant to try these websites. My introduction to social networking began a few years ago… Continue reading