Product Description

According to a 2006 study done by the National Education Association, 50% of teachers leave the profession within five years because of poor working conditions and low salaries. Yet, according to the 2006 General Social Survey, teaching ranks among the Top 10 most gratifying jobs with 69% of teachers reporting they were very satisfied with their jobs. A low salary should not be the reason stop molding young minds and influencing lives for the betterment of our society. Learn to: Retire with a sizeable nest egg Teach in a foreign country Own all of your possessions including your cars and house Invest in Roth IRAs and 403bs Establish a weekly 'budget' Live a financially secure life on a teacher s salary! Use author Danny Kofke's easy-to-use tips to equip you and your family to not only survive, but live happily within your means, multiply your funds and invest in your future.

Product Details

• Amazon Sales Rank: #301493 in Books
• Published on: 2007-10-23
• Original language: English
• Number of items: 1
• Binding: Paperback
• 88 pages

Customer Reviews

Save Your Ten Bucks
Don't buy this book for the simple reason that the author doesn't "survive on a teacher's salary", according to his own narrative.

Most of the time period covered in this short book, the author "survives" on two teachers' salaries because his wife also works. In addition to their two-teacher income, they earn money on the side by tutoring and working for relatives. In a few brief periods when one of them was not teaching full-time, they received money for teaching part time, keeping someone's child in their home and collecting disability. There are loans from grandma and a home improvement loan to supplement their income. The fact of the matter is that Danny and his wife are rarely without additional streams of income. At one point, Danny leaves teaching altogether for a more lucrative job selling flooring. At the end of the book, Danny goes back to teaching.

So what does Danny teach us about surviving on a teacher's salary? Never rely on a teacher's salary. Have two...and then tutor on the side. Work for relatives and friends as well. Sell a house. Borrow money from grandma. Collect disability. Work part-time. Publish and sell a book. This is how Danny does it.

To end on a slightly more favorable note, Danny does some smart things with his money which are worth emulating but you don't have to buy his book to learn how to do them. Danny suggests his readers check out books by David Bach. I would add that you look to Dave Ramsey and Larry Burkett.

How to Survive (and Perhaps Thrive) on a Teacher's Salary
What a great book!! Any current or future teacher will benefit by reading all the great tips and techniques for "making do" on a teacher's salary. He writes as if he's talking to you directly, and gives lots of examples that will benefit you and your family financially. He's definitely helped me set new goals for myself and my family.