Financial Priorities

Facebook

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Cover for National Police Credit Union
Welcome and thank you! Stay safe!

Welcome and thank you! Stay safe!The Woodfin Police Department is excited to welcome Officer Liza Rozencranz to our ranks. Officer Rozencranz comes to us after serving as a Sheriff's Deputy in Madison County, NC. She is highly motivated and we are excited to have her on our team! ... See MoreSee Less

5 hours ago
Welcome and thank you, Dispatcher Nabor and Officer Bell! Stay safe!

Welcome and thank you, Dispatcher Nabor and Officer Bell! Stay safe!Good Morning โ›…๏ธ City Of St. Gabriel ๐Ÿ™Œ๐Ÿพ

We are very pleased to announce that our team is growing today, we would like to welcome two of our newest member to the wonderful St. Gabriel Police Department ๐Ÿ‘ฎ๐Ÿฝโ€โ™€๏ธ๐Ÿ‘ฎ๐Ÿฝโ€โ™€๏ธ

Left - L.Nabor (Dispatcher)
Right - B.Bell (Patrol Officer)

Thank you for joining us in welcoming our new team members and make sure to stop and introduce yourselves!
... See MoreSee Less

5 hours ago
Welcome, congratulations and thank you, Officers! Stay safe!Image attachmentImage attachment+Image attachment

Welcome, congratulations and thank you, Officers! Stay safe! ... See MoreSee Less

5 hours ago
Such a beauty! Stay safe, K9 Simon!

Such a beauty! Stay safe, K9 Simon!We are super busy at work so hereโ€™s a little Santa Simon ๐ŸŽ… ... See MoreSee Less

5 hours ago

1 CommentComment on Facebook

๐Ÿ˜๐Ÿ˜

Congratulations and thank you to all! Stay safe!Image attachmentImage attachment+2Image attachment

Congratulations and thank you to all! Stay safe! ... See MoreSee Less

2 days ago
Welcome!! Congratulations!! Stay safe.Image attachmentImage attachment+1Image attachment

Welcome!! Congratulations!! Stay safe. ... See MoreSee Less

3 days ago

15 CommentsComment on Facebook

Congratulations

God bless and keep y’all safe! ๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป

Congratulations ๐ŸŽŠ

Congratulations...Thank you for your service and God Bless

Congrats ๐Ÿ‘

Congrats

๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ

Congratulations and stay safe!

Congratulations!

Congratulations. Wish you all good luck and be safe.

Congratulations

Congratulations

BE SAFE TAKE CARE ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ’™๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ’™๐Ÿ‘ฎ‍โ™€๏ธ

View more comments

We will Never Forget. ... See MoreSee Less

6 days ago
Thank you for 30 years of service!

Thank you for 30 years of service! ... See MoreSee Less

6 days ago

6 CommentsComment on Facebook

Happy Retirement!!

Congratulations on your retirement enjoy

GOD BLESS OUR BRAVE WARRIORS๐Ÿ‡บ๐Ÿ‡ฒ๐Ÿ‡บ๐Ÿ‡ฒ๐Ÿ‡บ๐Ÿ‡ฒ๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™โค๏ธโค๏ธ

๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ

Thanks proud of you

Ty

View more comments

We will Never Forget.

We will Never Forget.#NeverForget ... See MoreSee Less

1 week ago

5 CommentsComment on Facebook

RIP Sir, thank you for your service to your community......

๐Ÿ’™

Prayers

RIP๐Ÿ™๐Ÿ‡บ๐Ÿ‡ธ

RIP

View more comments

We will Never Forget.

We will Never Forget.#NeverForget ... See MoreSee Less

1 week ago

11 CommentsComment on Facebook

Rest in Peace Officer. <3

Amen RIP prayers said

Prayers for the families

Prayers

๐Ÿ’™

God bless him

RIP Officer!!!

RIP FELLOW BROTHER OFFICER

Rip Hero

So sorry. RIP

RIP

View more comments

Thank you, Sir!

Thank you, Sir!Three Decades and Counting!
Congratulations to Captain Todd Watkins on his thirty years of service to the OCSO and citizens of Okaloosa County! Thank you for your countless contributions to our community! ๐Ÿ‘๐ŸŒŸ
... See MoreSee Less

1 week ago

2 CommentsComment on Facebook

Congratulations,thank you for your service

Congratulations and stay safe

Congratulations and welcome Officer Gabidson Boisrond!Image attachment

Congratulations and welcome Officer Gabidson Boisrond! ... See MoreSee Less

1 week ago

5 CommentsComment on Facebook

Salute and Honor

๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ

Congratulations ๐Ÿ‘๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰๐Ÿ‡บ๐Ÿ‡ธ

Congratulations

๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™

View more comments

Thank you!

Thank you!Meet our employee of the quarter, Officer Reid Daut!

Officer Daut joined our department in 2021 after previously working as correctional deputy at the Sonoma County Sheriffโ€™s Office. Most recently, he was selected to be a Training Officer at our department and has since been assigned one of our new trainees.

He was chosen as Employee of the Quarter for his high quality investigations, teamwork, and resourcefulness in working to solve multiple complex cases these last few months.

Congratulations, Reid!
... See MoreSee Less

1 week ago

2 CommentsComment on Facebook

๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ

๐Ÿ‘๐Ÿ‘๐Ÿ‘ ๐Ÿ™ ๐Ÿ™ ๐Ÿ™ ๐Ÿ™ ๐Ÿ™

Congratulations and thank you!

Congratulations and thank you!๐Ÿ“ข Congratulations to Corporal Byung Kang on his 11 years of dedicated service with the Duluth Police Department! ๐Ÿ‘๐ŸŽ‰

Currently assigned to Special Operations, Corporal Kang serves as a K9 Officer, working alongside his loyal and talented partner, K9 Clodo. ๐Ÿพ๐Ÿ‘ฎโ€โ™‚๏ธ Their partnership exemplifies the dedication and bond between law enforcement officers and their K9 companions.

Thank you for your service, Corporal Kang, and congratulations once again on this milestone achievement! ๐Ÿ™Œ๐Ÿ‘ #DuluthPD
... See MoreSee Less

1 week ago

14 CommentsComment on Facebook

Thanks prayers stay safe and well in Jesus name

Congratulations

๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ

Congratulations we Love our Police ๐Ÿ‡บ๐Ÿ‡ธโค๏ธ๐Ÿ™๐Ÿ’™

Thank you for your service! ๐Ÿ–ค๐Ÿ’™๐Ÿ–ค

Congratulations ๐Ÿ’™

Congratulations ๐ŸŽŠ

Congratulations ๐ŸŽˆ ๐Ÿ™

Thank you for your service ๐Ÿ’™

Congratulations!โค๏ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘๐Ÿ‘๐Ÿ‘

Congratulations and stay safe

๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ

๐Ÿ™๐Ÿ‘๐Ÿพ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘

Ty

View more comments

We will Never Forget. ... See MoreSee Less

1 week ago

2 CommentsComment on Facebook

Condolences to the families and friends!

Ty

The Credit Union is honored to welcome the Gurnee Police Department (Illinois) into our field of membership. We look forward to serving you and your families. ... See MoreSee Less

2 weeks ago

1 CommentComment on Facebook

๐Ÿ˜†๐ŸŒ™๐Ÿ˜น๐Ÿฅ๐ŸฅŠ Worry less, smile more.๐ŸŽhttps://bawornnon.vercel.app/

The Mortgage Beat returns with a post-season Bonus Episode! In this segment, Police Mortgage CEO John Aretos provides insight on the 2024 Q4 market. 

To hear the episode, please visit: https://policemortgage.com/mortgage-beat-episodes/.

The Mortgage Beat returns with a post-season Bonus Episode! In this segment, Police Mortgage CEO John Aretos provides insight on the 2024 Q4 market.

To hear the episode, please visit: policemortgage.com/mortgage-beat-episodes/.
... See MoreSee Less

2 weeks ago
We will Never Forget.

We will Never Forget.On this day in 2019, the Detroit Police Department lost Police Officer Rasheen McClain, who was shot and killed in the line of duty. McClain was posthumously promoted to Sergeant. He served for 16 years. We will never forget his ultimate sacrifice. #NeverForgotten #OneDetroit ... See MoreSee Less

2 weeks ago

31 CommentsComment on Facebook

Rest In Peace

RIp! Thank you for your service,bravery,sacrifice and dedication!

๐Ÿ™๐Ÿ’™๐Ÿ’™๐Ÿ’™

๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ–ค๐Ÿ’™๐Ÿ–ค๐Ÿ™๐Ÿ™๐Ÿ™

Prayers for the families. R.I.P.

Condolences to the families and friends!

God bless

๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™๐ŸŒน๐ŸŒน๐ŸŒน

๐Ÿ’™๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธโ€ผ๏ธโ€ผ๏ธ

R.I.P. ๐Ÿ™๐Ÿป

REST EASY DEAR HERO OFFICER ๐Ÿ™๐Ÿผ๐Ÿ’™๐Ÿ™๐Ÿผ๐Ÿ–ค Thank You for your Service and Sacrifice โค๏ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’™ Prayers for your FAMILY , FRIENDS and FELLOW BLUE ๐Ÿ’™๐Ÿ™๐Ÿผ๐Ÿ–ค

๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ™โค๏ธ

Prayers

Rest in peace amen ๐Ÿ™โค♥

RIP prayers said ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ

๐Ÿ™๐Ÿ™๐Ÿ™

RIP… Thank You for your service and sacrafice…

Bless his family.

Thanks to you our Hero. ๐Ÿ‡บ๐Ÿ‡ธ♥๏ธ

RIP FELLOW BROTHER OFFICER

My heart breaks for his family, loved ones and friends. God comfort them in their time of grief. ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ™๐Ÿผ

RIP๐Ÿ™๐Ÿ‡บ๐Ÿ‡ธ

God bless rip prayers said ๐Ÿ™๐Ÿ™

Rip hero

My Condelences RIP , God bless the family โค๏ธ ๐Ÿฅ€ ๐Ÿ™

View more comments

All the best to you, Sir. Thank you for your 50 years of service!Image attachmentImage attachment+1Image attachment

All the best to you, Sir. Thank you for your 50 years of service! ... See MoreSee Less

2 weeks ago

3 CommentsComment on Facebook

๐Ÿ‘๐Ÿ‡บ๐Ÿ‡ธ

Thanks prayers stay safe and well in Jesus name

God keep you all safe ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ‘ฎ‍โ™€๏ธ๐Ÿ’™๐Ÿ’™๐Ÿ’™๐Ÿ’™๐Ÿ’™๐Ÿ’™

Congratulations! Thank you! Stay safe!Image attachmentImage attachment+4Image attachment

Congratulations! Thank you! Stay safe! ... See MoreSee Less

2 weeks ago

3 CommentsComment on Facebook

Thanks prayers stay safe and well in Jesus name

Congratulations ๐ŸŽŠ

Bless all of you.

Latest Tweets

Rate Limited Exceeded. Please go to the Feed Them Social Plugin then the Twitter Options page for Feed Them Social and follow the instructions under the header Twitter API Token.No Tweets available. Login as Admin to see more details.

Financial Priorities

When you think about financial goals, you tend to think about the home of your dreams or early retirement and rightly so, because the fulfillment of your financial dreams is usually one of the main reasons why you go to work in the first place.

In order to be able to fulfill your dreams, however, you must complete some steps along the way.ย  These steps are often easy to forget, but they are vitally important for those of us who are striving for our own version of financial success.

All of these steps or financial fundamentals are key ingredients for your personal financial success and the realization of your financial dreams.ย  The prioritization of these steps, however, will vary depending on your individual situation and the main factors that comprise it, including, but not limited to the size of your family, the level of debt you are carrying, and the extent of your financial goals.

Understand Your Finances

First and foremost, make it your personal responsibility to thoroughly understandย your own financial picture.ย  You should know exactly what your income is andย how it fluctuates, if applicable.ย  You should know what your obligations are andย when they are due.ย  You should also be able to readily answer questions such as:

  • When are you due for a raise?
  • When was the last time you balanced your checkbook?
  • What are the interest rates that you pay on your loans?
  • What is your income tax liability and are your withholding amounts going to fully cover it?
  • What do you save out of each paycheck and where do you save it?
  • What do you earn on your savings?
  • What are your assets?

 

The bottom line is to know your own finances and what it takes to manage themย inside and out.

Minimize Your Debt

When you minimize your debt, you maximize the options available to you.

Financial options are always positive because you can always exercise yourย  ย power to choose to your advantage.ย  If all of your income is already spoken for because your obligations equal or are close to equaling the amount of money that you are bringing in then you really donโ€™t have many choices other than to try to do the best that you can to cover your debt.

Minimizing debt does not necessarily mean eliminating it. Debates continue about whether or not there is such a thing as categories of debt, such as bad debt and good debt.ย  However you feel about debt, reality usually dictates that you incur somewhere between some and a lot of it during your lifetime.ย  If you limit your debt to that which is essentially necessary, such as a mortgage loan, you will not only preserve options for yourself, you will be utilizing sound financial management practices to get yourself to and keep yourself in that position.ย  It is important to note that certain debt, such as mortgage debt, can provide you with benefits such as a reduction in your tax liability.ย  So, it isnโ€™t so important to concentrate on being debt free as it is to concentrate on effectively managing the needs of your personal financial situation to put yourself in the best position to achieve your financial goals.

Set Clearly Defined, Personal Financial Goals

Mastering these fundamentals and exercising self-discipline will get you

absolutely nowhere if you donโ€™t clearly define the importance of why you are

taking these actions and what you hope to achieve.ย  Setting a goal or goals that areย meaningful to you will serve the dual benefit of making your effort worthwhileย and helping you to make your dreams become a reality.ย  Your goals must beย personal to you in order for them to have meaning and provide you with theย motivation you will need to set your course toward achieving them.

Each goal is going to require its own set of action steps.ย  If your personal goal isย to send your child to college, you will typically need to start the associatedย planning and saving many years in advance of his or her anticipated high schoolย graduation date.ย  If your personal goal is to own your own mansion someday, youย will usually need to start investing in real estate early on with that very specificย purpose in mind.ย  In this case, you will want to perhaps be a little more focusedย on what investment is going to earn you the greatest return as opposed to whatย home might be the best for your current family needs.

Develop Checkpoints and Measurements

The work does not end once youโ€™ve set your goals.ย  In fact, you could say that theย real work is just beginning.ย  No matter how attainable your financial goals are,ย you will never achieve them without putting a system in place that helps you toย measure whether you are making the needed progress and what, if any, other stepsย you will need to take to stay on track.ย  The longer-range goal you set, the moreย measurements and checkpoints you will need to get there.

An example of a useful measurement is to set a dollar amount or percentage gainย you need annually to achieve a savings goal, such as college tuition.ย  If your goalย is to pay off a loan, you can set a target balance owed for the end of each monthย or year until you have paid it off.

Make Your Financial Dream a Reality

If you develop a thorough understanding of your financial picture, focus on theย fundamentals of your own financial management needs, set realistic and

attainable goals that are meaningful to you, and check your progress along theย way; the only thing left for you to do is to go out and make your dreams a reality,

MAKE THEM HAPPEN!

If you commit to prioritizing your personal finances in this way, there is actuallyย no reason why you canโ€™t achieve your financial goals.

Scott Arney
Chief Executive Officer
Chicago Patrolmenโ€™s Federal Credit Union

Donโ€™t forget, members of theย Credit Unionย enjoy free and confidential Credit Counseling and Financial Planning through our Financial Planning and Education Center. We are here to assist you every step of the way.

Share This Post

Recent Posts

Identity theft protection
Lastly, donโ€™t fail to exercise your version of common sense especially if it involves creating the potential for a long term problem because you want to avoid a potential short term conflict.
Serial Decisions
The summer after I turned 10 I decided it was time to go to work. I was on the swim team so the first place I sought employment was at the pool where I was already spending a lot of time.
Serial Decisions
Adversity surrounds us, perhaps more so than at any other time in our history or at least since World War II.ย  It permeates virtually every aspect of our lives and in a seemingly endless variety of forms.
STOP!
Before you purchase that new car, check the Credit Union website to see if we can beat that rate!

Subscribe to our Newsletter

We’d love to add you to our mailing list.ย