Nick Daugherty began his career with the Grand Prairie Police Department (GPPD) in 2003. He semi retired in 2017 after serving as a patrol officer, SRO serving on a underage alcohol/drug task force, patrol Sergeant, Field Training Sergeant, fleet coordinator, and Criminal Intelligence Sergeant. He continues to serve as reserve officer for GPPD.
At a young age, Nick did a lot of irresponsible things with money, consistently partaking in “stupid tax” (the art of buying toys he couldn’t afford using credit cards). Before he knew it, he had accumulated over $80,000 in consumer debt, most of which was wrapped up in cars, car stereo equipment, and just “plain ole stuff.” He was tired . . . tired of being in debt and tired from working so much overtime to keep afloat! Nick realized that he needed to educate himself on personal finances and work to get out of the hole he had dug for himself. He was introduced to the
Dave Ramsey program and utilized the Total Money Make Over to dig himself out of that debt hole he was in. He sold a bunch of that “plain ole stuff”, and worked over a thousand hours of overtime to get out of debt – which he achieved in 2003 and has been consumer debt free ever since!
In 2011, Nick was approached by Grand Prairie Police Chief Steve Dye to create, and instruct, a revolutionary progressive training block on financial wellness, “Building Financial Strength in First Responder Families”. This program became mandatory training for the entire GPPD force and has now been taught to first responders from over 3,000 agencies, police academies, national conferences, and police leadership organizations from across the country. FinancialCop wellness training for first responders is now the largest financial wellness training group in the country.
A graduate, and coordinator of Dave Ramsey’s Financial Peace University, Nick is also a certified Ramsey Solution Master Financial Coach* and has coached hundreds of first responder families through almost every type of financial crisis and scenario possible. He also works with several national first responder nonprofit organizations, focusing on financial wellness for those suffering from PTSD and suicidal thoughts. Nick is the owner of FinancialCop LLC, a full service, fiduciary only financial firm, serving first responders from recruit to retire across the nation as well as providing Term Life Insurance nationally for First Responders. Nick has the heart of a teacher and a passion for educating first responders, and their families, on how to strengthen their financial wellness and plan for the future. The goal of FinancialCop? To have a nation full of first responders that have the ability to retire when they want to instead of spending their time chasing down a pension"!
Visit FinancialCop.com to learn more about Nick's important work.