A Simple Book of Financial Wisdom: Teach Yourself (and Your Kids) How to Live Wealthy with Little Money [Paperback]

Danny Kofke (Author)

Book Description

Publication Date: September 1, 2011

This easy-to-understand book gives specific steps you can take right now to become more financially secure. Danny teaches how to:
* Raise a family of four on less than $40,000 a year
* Easily track your expenses and spending
* Save over $5,000 a year
* Establish an emergency fund
* Pay-off all your debt
* Invest for retirement and college
* Teach your child(ren) how to manage money
* Live a "wealthy" life with little money
Many feel intimidated and confused when it comes to managing money--
A Simple Book of Financial Wisdom makes it easy.

Editorial Reviews

Review

Danny Kofke's book, A Simple Book of Financial Wisdom, is a winner.
 Juan Williams - Political Analyst Fox News Channel

Your book is an inspiration to anyone trying to save money and live on less.
Dr. Pat Robertson - Host Of The 700 Club

A great read and so important in these times.
Martha Zoller - Radio Talk Show Host

I can't imagine a better book on how to live 'richly' on a modest salary. 
Kimberly Palmer - Columnist US News & World Report

I am buying the book for all my grandchildren. 
U.S. SENATOR Johnny Isakson

This book will pay dividends for years to come.
Manisha Thakor - Co-Author Get Financially Naked

About the Author

Danny Kofke is currently a special education teacher in Georgia. His love of teaching and finances led him to write the book How To Survive (and perhaps thrive) On A Teacher's Salary.  With more knowledge and information, Danny decided to pen this new book--A Simple Book of Financial Wisdom: Teach Yourself (and Your Kids) How To Live Wealthy with Little Money.

Danny has been featured on numerous television shows including The CBS Early Show, Fox & Friends, CNN's Newsroom, The 700 Club, Fox News Channel's Happening Now, CNN's Your Bottom Line, Fox Business Network's Follow The Money, ABC News Now, FOX Business Network's Varney & Company, HLN's The Clark Howard Show and MSNBC Live.  In addition, Danny has been interviewed on over 300 radio shows and featured in a number of publications including USA Today, Yahoo.com, Money Magazine, Bankrate.com, Parade, Instructor Magazine,The Atlanta Journal Constitution, USA Weekend, The Wall Street Journal, ABCNews.com, Yahoo Finance, Woman's Day, Consumer's Digest, Bottom Line Personal, Your Family Today and The Huffington Post. 
A lot of people think that figuring out financial matters and investing are difficult and are intimidated by it.  Danny wants to show others that if this 36-year-old school teacher can figure it out then they can too.  To learn more about Danny please visit dannykofke.blogspot.com.

Product Details

• Paperback: 106 pages
• Publisher: Wyatt-MacKenzie Publishing (September 1, 2011)
• Language: English
• ISBN-10: 1936214458
• ISBN-13: 978-1936214457
• Product Dimensions: 8 x 5 x 0.2 inches
• Shipping Weight: 4.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (18 customer reviews)
• Amazon Best Sellers Rank: #567,000 in Books (See Top 100 in Books)

More About the Author

Danny Kofke is currently a special education teacher in Georgia. He has also taught pre-k, kndergarten, first grade and second grade. Danny's love of teaching and helping others led him to write two books - "How To Survive (and perhaps thrive) On A Teacher's Salary" (Tate Publishing Co. OCT 2007) and
A Simple Book Of Financial Wisdom: Teach Yourself (and your kids) How To Live Wealthy With Little Money" (Wyatt-MacKenzie SEP 2011).

Danny has appeared on various media outlets including CNN, Fox News, MSNBC, AOL.com, Yahoo Finance and The Wall Street Journal .

Many people feel that financial matters is difficult to figure out and hard to understand. Danny wants to show others if this school teacher can do it they can too.

To learn more about Danny please visit www.dannykofke.blogspot.com.

Most Helpful Customer Reviews

40 of 43 people found the following review helpful

1.0 out of 5 stars Very little content, short September 10, 2011

By Renovator

Format:Kindle Edition|Amazon Verified Purchase

Can see why it only took a few months to write. Lots of filler (several pages listing his interviews, several more giving examples of celebs who filed bankruptcy, etc). Unless you've never read a finance magazine or article, there is nothing new in here. Spend a few more bucks and get a real book--Ramsey, Chatsky, etc. There are not even any good tidbits of info. Spend less than you earn, think before you buy, use coupons, reduce meals out (including lunch at work), work well with your spouse on money matters. That's the book.

16 of 17 people found the following review helpful

4.0 out of 5 stars Easy to read and very practical ways to live wealthy with little money August 23, 2011

By Jennifer

Format:Paperback

Since I am a current stay-at-home mom and wife to a teacher, our family has a lot in common with the author and his family. We both have one income with a family to support. The book was very easy to read, and held my interest. It felt as though I was sitting with the author and his wife, as they shared their story for financial success.

The author uses many facts and statistics throughout this book that really had me thinking. Even though I knew it, how could so many "rich and famous" people end up filing for bankruptcy? It made me remember that no matter your income, if you spend more than you make, you're headed for bankruptcy. Even on the smaller scale in our home, we have GOT to spend less than we make (and even prepare for the future).

One of my favorite parts of the book was Tracy's (his wife), perspective. We share the same title of being "frugal before frugal was cool". It reminded me that I'm not the only one working hard to spend wisely. I especially found it interesting with her comment about a friend telling her how happy she (Tracy) appeared. She claims to not have all the material items, but is content. It reminds me of a quote "It's not about getting what you want, but wanting what you have". :)

I also enjoyed reading about teaching children the concepts of money. I feel this is especially important in this day of virtual money. It can be such a hard concept to grasp in a world where tangible money isn't widely used anymore. I also believe children need hands-on opportunities to learn about money. I love the "jar" system they set up for their daughter, so she could set aside appropriate amounts of money for giving, saving, and spending.

This book was very easy to read, and kept my interest.... I would recommend this book to anyone who is interested in learning about financial wisdom, and anyone interested in a great reminder of some basic financial facts. It's always encouraging to me, in my own personal financial walk, to read about other people who have succeeded, and want to help others. Read more ›

17 of 22 people found the following review helpful

1.0 out of 5 stars You must be kidding me. September 18, 2011

By Gary L. Wallman

Format:Paperback|Amazon Verified Purchase

A glorified pamphlet stunningly short on content. I can give better financial advice for free. . . don't throw away twelve bucks on this nonsense.

9 of 11 people found the following review helpful

5.0 out of 5 stars Answer to my Prayer August 19, 2011

By Marsha

Format:Paperback

I absolutely love,love, love this book. I have been having a hard time financially and this book has taught me a lot of financial wisdom. The book was really on the average persons level. I like the Dave Ramsey books but as I said this book is more on my level. We just did one of the steps the first week and couldn't believe how much money we were spending and how easily the small things add up. I prayed for wisdom concerning my finances and I feel like this book is one of the answers to my prayer. He says it won't be easy, and it's not but, I can't wait to be debt free.I highly recommend this book.

1 of 1 people found the following review helpful

4.0 out of 5 stars Concise and Easy to Read, Good advice October 25, 2011

By Avid Reader

Format:Paperback

I enjoyed this book because it is an easy to understand overview of how to handle finances. The stories of celebrities who have gone bankrupt were interesting and were a good starting point for the author's philosophy that money cannot buy you happiness. The financial statistics on American society were also interesting. I think the strongest point of the book is towards the end, when the author discusses how to implement financial concepts in everyday life with your children. He uses stories from his own family and how his daughters are learning to handle money wisely and the importance of teaching future generations how to live within their means. This book is a good introduction to budgeting, putting away money in an emergency fund, how to invest in a college fund, etc. Good basic information - a lot which I already know and follow. For people who want more in-depth ideas, this book may not be for you. But for others who want to start living a "financially wise" life, this book could be just the motivation and inspiration needed to get started.

3 of 4 people found the following review helpful

4.0 out of 5 stars A Great Book of Financial Basics October 3, 2011

By E. J. Standridge

Format:Paperback

My first thought after reading this book was --- "I wish I had read this book 30 years ago!" Most books on personal finance are extremely boring and filled with more information than the average person can begin to process.
Daniel Kofke has done a great job of putting together a great book of financial basics anyone can pick up and read and learn from without feeling overwhelmed!
I love how the Kofke's share their down to earth living philosphy and experiences. It was refreshing to know there are people who are living well with out being material driven.
I will definitely be buying several copies of this book to give as graduation gifts for high school and college graduates.

3 of 4 people found the following review helpful

4.0 out of 5 stars Good summary of sound financial principles September 21, 2011

By kwan

Format:Paperback

A lot of commonsense financial wisdom. Easy and practical for the whole family.

A good, well-researched and comprehensive guide with pertinent real-life examples from the outside world as well as from his own household.

This quote by M.C. Hammer rings especially true to me : "My priorities should have always been God, family,community and then business".

Danny and his wife tell of their own experiences of making good choices from the start and this goes on with their children's being brought up from an early age (three) with an awareness of how to budget and manage their allowance in a simple but meaningful way. I like the way Ava (Danny's daughter) spends her allowance. She makes a difference in people's lives at such a young age with very little.

To be recommended.