Arrest Your Debt

<p>Ryan Luke, a police lieutenant in Arizona, started <a href="https://arrestyourdebt.com" target="_blank"><b>Arrest Your Debt</b></a><b>,</b> an online blog, to provide targeted financial information to first responders. Ryan is filling the personal finance void that first responders need to reduce stress and improve their mental health.</p> <p><b>Arrest Your Debt, Filling The Personal Finance Void For First Responders </b></p> <p><b><i>13th April, 2020, Arizona</i>: </b>First responders are known for having to deal with stress on a daily basis. This reoccurring stress can lead to substance abuse and other unhealthy coping mechanisms. Also, first responders are skeptical by nature and have difficulty trusting personal finance advice from traditional investment companies. Due to this, Lieutenant Ryan Luke has made it his mission to fill this financial education void and started the website <b>Arrest Your Debt.</b> </p> <p>As a fellow first responder, Ryan understands the daily stress of the job and recognizes the unhealthy spending habits many of his fellow officers have. A large number of officers and firefighters attempt to reduce stress by spending money and buy “stuff” to fill emotional voids. However, this increased spending and lack of retirement planning lead to even more stress, to include marital problems. </p> <p>Ryan’s mission is to educate first responders on proper money management and to show them first-hand how they can become debt-free and build wealth on a public servant’s salary. Ryan is the sole income earner in a family of 5 and has been able to pay off his mortgage and build wealth with only one income. He speaks to public safety employees on their level to help <b>first responders get out of debt</b> and take control of their finances. </p> <p>Arrest Your Debt focuses on educating first responders that they don't need to be compulsorily poor; they only require proper insight about how to utilize their existing assets tactfully. To do so, they need to follow a few simple tips like establishing a budget, creating an emergency fund, focus on paying off debt, and using side hustles and off duty jobs to accelerate the wealth building process. </p> <p>The founder of the company, Lieutenant Ryan Luke, said, "<i>I have always been interested in personal finance, and I want to be the financial resource first responders can trust. By showing them it’s possible to live debt-free, I feel a first responder’s emotional and mental health can be greatly improved.” </i>He also emphasizes the importance of learning the basics about finances and wealth management and how financial literacy improves the overall quality of living. </p> <p>One of the most significant strategies of wealth management he mentions on the blog, is the systematic usage of<b> sinking funds</b>. These funds are goal-oriented, so future purchases are made with cash instead of credit. Simple strategies like this are easy to understand but incredibly efficient at helping first responders take control of their money. </p> <p>This website also focuses on the causes of never-ending debt and how to overcome it without draining personal assets. The company is a one-stop solution for people who are living paycheck to paycheck and do not have a clear vision of how to invest. </p> <p><b>About the company: </b></p> <p><b>Arrest Your Debt</b> was founded in 2018, by Lieutenant Ryan Luke, a police officer in Arizona. The company aims at giving easy to understand personal finance tips and strategies to first responders so they can arrest their debt and build their wealth. The company provides the financial building blocks necessary to manage personal resources and use them for a better living, even on a public servant salary. Arrest Your Debt has been featured in Forbes, MarketWatch, MSN, Experian, Thrive Global, and The Simple Dollar. </p> <p><br /></p>