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Financial habits for first responders

You’ll be amazed at the difference in your stress level once you get your finances in order

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Editor’s Note: The standard for excellence in public safety is changing. Lexipol is your partner in understanding how your agency measures up and setting a course to achieve performance excellence. Schedule a consultation with our team today to learn about our holistic approach built on Gordon Graham’s 5 Pillars of Organizational Success.


In this tip from Gordon Graham, he addresses a critical but often overlooked source of stress for public safety professionals — personal finances.

Whether you’re new on the job or nearing retirement, financial strain can impact your well-being and performance. Graham highlights three common financial concerns — lack of emergency savings, debt and insufficient retirement planning — and offers practical steps to tackle each. By building an emergency fund, eliminating debt and consistently saving for retirement, public safety professionals can reduce stress and gain long-term financial security.

| RELATED: 8 steps to effective budgeting for first responders

Questions for discussion:

  1. What steps can agencies take to support financial wellness among public safety personnel at all stages of their careers?
  2. How does financial stress impact decision-making and job performance in high-stress roles like corrections?
  3. Are there ways peer mentors or leadership can promote positive financial habits among newer personnel?
  4. What are some common financial mistakes you’ve seen among colleagues, and how could they be avoided?
  5. How can agencies integrate financial literacy into their wellness or professional development programs?

Get more tips from Gordon here.

Gordon Graham has been actively involved in law enforcement since 1973. He spent nearly 10 years as a very active motorcycle officer while also attending Cal State Long Beach to achieve his teaching credential, USC to do his graduate work in Safety and Systems Management with an emphasis on Risk Management, and Western State University to obtain his law degree. In 1982 he was promoted to sergeant and also admitted to the California State Bar and immediately opened his law offices in Los Angeles.