Wednesday, January 16, 2013

Fire Department Financial Resolution #3

A lot of fire departments have poor financial practices.  We'll look at a few and help make a resolution to help yourself fully fund your needs.

Resolution #3 - Adapt, adapt, adapt
Now that you have a plan (resolution #1) and can understand what the financial information is telling you (resolution #2), the next step is to adapt the plan as circumstances change.

Face it.  Things never work out exactly as we plan.  Even a very good plan.

So, as you go through your year and things happen that are unplanned (unexpected major repair or accident, for example), your plan must adapt for these events.

Although, quality plans incorporate unplanned events into them.

Think of a plan as a road map - a general sense of where you're going.  But sometimes,you don't follow the map exactly (your GPS probably tells you that, too).  But it's important to understand where you are at in relation to the plan and to keep heading toward your goals.

Life is messy.  And good plans and planners adapt when unplanned events happen.

Stay safe!
John R. Hill
First Bankers

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