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. Money is a necessary part of life, but not the purpose of it. Sometimes as cops, we get so focused on earning money, that we forget what that money is for.
Here is a tale that always brings me back to reality when it’s easy to miss the forest for the trees. I’ve seen this many places so I don’t know who credit as the original author.
“It had been almost two years since the American businessman, with an MBA from a prestigious Ivy League school, took a vacation. He had a very important role as a business advisor at… Continue reading
The worst news any law enforcement agency can hear is that an officer has been killed. How does an agency respond to those devastating words, “Officer down”?
Since 1996, Concerns of Police Survivors (C.O.P.S.) has provided highly acclaimed training to help agencies deal with officer death, injury, disability, police suicide, and the after effects of losing a close co-worker. The “Traumas of Law Enforcement” is recommended for Chiefs, Superintendents, Sheriffs, Chaplains, Dispatchers, Benefits Assistance Officers, Planning and Research officers, Employee Assistance employees, Liaison Officers, Special Operations Divisions, Victim Assistance personnel, any law enforcement officer, law enforcement family member, or law enforcement survivor.
While the “Traumas of Law Enforcement” trainings have usually been funded through Federal grants to Concerns of Police Survivors, C.O.P.S. paid the $90,000 cost for these trainings out of their general account in 2008 and raised funds from Streamlight®, GLOCK®, Harley-Davidson, the 100 Club of Houston, TX, and the Maryland and Indiana Chapter of Concerns of Police Survivors for the 2009 trainings. C.O.P.S. is now able to redirect funds from their general account and corporate contributions to other C.O.P.S. programs thanks to a grant from the Bureau of Justice Assistance, Office of Justice Programs of the U.S. Department of Justice. In May 2009, BJA announced a $1.5 million, 20-month grant to C.O.P.S. to fund the “Traumas of Law Enforcement” for 2010 and 2011.
The training is a three-day seminar, totaling 21 hours, providing law enforcement agencies with the tools needed… Continue reading
Over 13,000 registrants and hundreds of other walk in law enforcement officers attended the 116th annual International Association of Chief of Police conference this week and among the dozens of topics were educational seminars on the issues of police suicide, stress management, wellness, nutrition and the role of sports medicine in officer safety and wellness. The presenters came from the Los Angeles Police Department Behavioral Sciences Unit, The Denver Police Department and the Fairfax County Police Department.
Let your blue lights shine for law enforcement during the holidays
For the past 21 years, Concerns of Police Survivors has asked law enforcement families, surviving families, and police supporters to burn a blue light in their windows during the holiday season. The blue light is symbolic of our remembrance of those officers who have made the supreme sacrifice and honors those officers who continue to work the violent streets of our nation.
The idea began in 1988 when Mrs. Dolly Craig wrote to C.O.P.S. that she would be putting two blue candles in her living room window that holiday season. One for her son-in-law, Daniel Gleason, who had been killed… Continue reading
Carnival Cruise Lines has just launched it’s newest, biggest and best ship ever The Carnival Dream. Why is that important? Among other things, because it is going to host the Third Annual CopsAlive Cruise this coming January 9th-16th 2010. Our Law Enforcement Retreat at Sea is part of a larger group of Internet Marketers that reserve a large portion of the ship to hold meetings and mastermind sessions. I choose this group because I believe that starting and running an internet business is a perfect fit for people in law enforcement and owning a business is so much better than just working… 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
I had a chance to meet bestselling author Robert G. Allen on our law enforcement retreat at sea as part of our CopsAlive Cruise last January. At the time he was just another guest of our larger group of people who were interested in doing business on the internet. He was planning the internet promotions for his newest book which just came out two weeks ago, called: “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. I was also surprised that someone at his level of success was still learning about internet marketing at the same level that I was as the editor of CopsAlive.com.
I think anyone in law enforcement can benefit from the concepts in “Multiple Streams of Income” because it broadened my horizons. Before reading it I thought multiple streams of income meant that I worked off-duty jobs for multiple employers like… 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.