Home / Podcasts / Real Stories Ep 28: Danny Kofke – Rewriting Your Money Story “Can Be Done!”

Real Stories Ep 28: Danny Kofke – Rewriting Your Money Story “Can Be Done!”

pattern

Listen to a conversation with Danny Kofke. His family of four lived on his teacher’s salary for several years. They learned the impact of delayed gratification and the value of not comparing your lifestyle to others.

Danny’s new career is to help others manage their finances better and let them know that rewriting their own money story can be done. He has written five personal finance books and appeared on numerous national television shows. He has also been interviewed on over 600 radio shows.

Danny has given hundreds of presentations across the country helping others with money management. His mission is to show others that if a former schoolteacher can do well financially, they can too.

Key Moments

2:22 Danny shares about how his upbringing influenced his approach to money with his own family.

6:50 He reflects on purchasing his first car and regrets from later purchasing a new car.

8:21 After Danny gets married and quickly moves abroad for two years, he and his wife develop a solid financial foundation.

12:23 He shares how they were able to stretch their budget for a family of four on a teacher’s salary.

16:54 Danny’s experiences with money lead to him writing a book.

20:15 He explains how he ended up in a career in financial wellness.

22:15 He discusses his financial goals with his daughter entering college and their future retirement plans.

27:01 Danny shares personal finance tips during our challenging economic climate.

30:57 He explains why money can act like a five-year-old.

32:22 He advises how to balance debt repayment and savings goals.

37:12 Danny discusses the level of financial transparency he has with his children.

Practical Tips

44:23 How to travel on a budget

45:17 The importance of delayed gratification

47:46 Investing when you have credit card debt

50:00 How to approach your financial goals knowing that appearances can be deceiving

What’s Your Feedback?

Your reactions and feedback about the podcast are welcome. Please take this quick survey and let us know.


Share this article


GreenPath is a non-profit credit counseling organization. GreenPath’s goal is to offer guidance and support to individuals seeking to manage and overcome financial challenges through education, financial counseling and debt management programs. The information provided is for educational purposes only. Consulting with a licensed financial advisor and tax advisor is recommended before making any major financial decisions. GreenPath is not a debt settlement company, credit repair company, credit repair service, nor does GreenPath provide debt consolidation loans. By using this website, you acknowledge and agree that GreenPath is not responsible for any financial decisions you make based on the information provided on this site.

Subscribe to Newsletter


Stream Anywhere


Music by Hir-O

pattern