About Danny Kofke

Danny Kofke is currently a special education teacher and author of “How To Survive (and perhaps thrive) On A Teacher’s Salary.” His frugality has enabled him to pursue a job he is passionate about and, at the same time, support a family of four on his salary alone.

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Stories of Living on Social Security and Why it’s Important to Invest for Retirement

Living on Social Security

Since you are reading this blog, I know I am preaching to the choir but, unfortunately, many people are living on Social Security checks and have nothing saved for retirement. In fact, according to the Social Security Administration, 23 percent of married couples and 46 percent of single people receive 90 percent or more of […]

Get Out Of Your Comfort Zone and Achieve More this Year

get out of your comfort zone

With 2013 now upon us, many of us have made resolutions to do something better this year or to achieve financial goals.  While we make these resolutions with the best intentions in mind, I am sorry to write that most of us will fall short when it comes to sticking with these.  :( I do not mean […]

Why You Need an Emergency Fund

I was recently reminded of why it is so important to have an emergency fund in place and why we choose to live below our means.  Tracy and I both drive older cars that are completely paid off.  In fact, we have not had a car payment for over 7 years.  Tracy drives a 2005 […]

Thoughts on What Really Matters in Life

This past Thanksgiving we had a lot of family come and spend the wonderful holiday with us.  My brother, brother-in-law, both of my sister-in-laws, 4 nieces and 1 nephew all made the journey up from Florida.  My grandmother, mom and dad also joined Tracy, Ava, Ella and me for dinner.  At times it was chaotic […]

What Does Being Debt-Free Mean To You?

Have you ever had one of those nights where you could not fall asleep? You are tossing and turning and trying to count sheep but sleep still does not find you. What are some of those things that help your mind rest? For me, I think about what my life would look like if I […]

Is Black Friday Really Worth the Hassle to Save Money?

From my previous posts, I bet many of you can tell that my family is pretty frugal and enjoys saving money anytime we can.  Despite this, we usually do not get up early the day after Thanksgiving to get deals on Christmas presents. This year, my brother and his family were up for Thanksgiving and, […]

What Running a Half Marathon Can Teach Us About Saving Money

Last year I discussed running my first half-marathon.  Well, I guess one was not enough for me and, last March, my wife and I decided to do it again on the first Saturday this month. Last year my goal was just to make it through the 13.1 miles and get my medal.  I had no […]

Is Time More Important Than Money?

A recent online survey done by Mom Corps, a staffing firm, shows that 42% of working adults are willing to give up a portion of their salary to have more flexibility at work.  This survey polled 1,071 working adults nationwide and the average pay cut the respondents said they would take was 6%. Even though […]