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Published on May 18, 2012
Many Americans are not doing well financially, half do not save for a rainy day and are not prepared for a major financial emergency.
A recently released study by the National Bureau of Economic Research shows that 50% of Americans would struggle to come up with $2,000 if they had an unexpected expense such as a car repair, home repair or a large medical bill.
My name is Danny Kofke and I am currently a special education teacher in Georgia. I am the author of the recently released book "A Simple Book of Financial Wisdom: Teach Yourself (and Your Kids) How to Live Wealthy with Little Money" (Wyatt-MacKenzie, SEPT 2011). "A Simple Book" has been endorsed by a handful of people including Juan Williams of Fox News, Georgia Senator Johnny Isakson and Pat Robertson of The 700 Club.
I want to show others if this 36 year-old school teacher can gain financial wisdom, then they can too. I am living proof that a family can live wealthy on little money.