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
Editors Note: Every police officer knows how ugly divorce can be from the outside looking in, but we are also often faced with it ourselves. Chuck Rylant is a working police officer and a financial planner and this article gives some useful tips that can help other law enforcement professionals avoid more pain than necessary.
If you are going through a divorce you will experience many different emotions; fear, anger, resentment and distrust are just a few. All of these emotions can wreck havoc on your finances. Continue reading
Paying yourself first is very common advice you may have heard from financial planners or read in personal finance books. It is common because it is one of the most important steps to being financially independent. The amazing power of this concept is often overlooked because of its simplicity. If you followed only one bit of investment advice during your life, this would be the one that would most likely make you wealthy. Continue reading