Saturday, February 7, 2015


Making More Money Is Not Always
What It Seems To Be 


After being a stay-at-home mom and raising our daughters Ava and Ella for nine years, Tracy (my wife) went back to work last fall as a second grade teacher. After living off of my teaching salary of around $42,000, many thought that we were now living the dream because we doubled our income. It turns out, the complete opposite is the truth.

I know many of you can relate, but it sometimes feels as if we are running in a hamster wheel. Tracy wakes before 5 am to exercise, comes home to shower and then the day begins. I wake up our girls before I leave at 5:45 and then Tracy has to feed them and make sure they are ready to head to school when she does. After teaching 7-year-olds all day, she comes home, helps the girls with homework, makes dinner, gets lunches ready for the next day, gets them ready for bed and then collapses around 9 to do it all again the next day! 


We have come to the conclusion that this schedule is not worth it. Even though we are making more money than we have ever made since getting married 14 years ago, we are definitely not happier. My mom said something the other day that really caught our attention. She said that we only have about 10 years left of our girls living with us and then they will be off on their own. We will always have the time to make more money when they are gone but will never get this time in our lives back. For this reason, we are socking away as much of Tracy’s salary right now so she can either work part-time or stay home again indefinitely as soon as possible.

Yes, we will be earning way less money but we both know our lives will be richer. When I think back to the most content we were, it was when Ava and Ella were toddlers and Tracy was able to devote all of her time and energy on raising them. Even though we were not making much money, we were extremely fulfilled. As a retirement consultant, I know that it is extremely important to make and save money; however, sometimes we place too much emphasis on constantly wanting to make more and overlook what is truly important in life. As educators, you all do your jobs because you want to make the world a better place – it’s definitely not for the paycheck. Many of you are passionate about teaching children and helping them become responsible adults. While it may seem tough at times, this passion is what keeps you coming back and not being part of the 24% that dreads their jobs –

http://www.forbes.com/sites/susanadams/2013/10/10/unhappy- employees-outnumber-happy-ones-by-two-to-one-worldwide/


When you love what you do, the size of your paycheck doesn’t matter as much. When your salary becomes the number reason for you to work, it may be time to reflect and see if it may be time for a change. 

Wednesday, July 13, 2011

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Thank you so much for visiting my site.  Please feel free to email me at kofketd@windstream.net, follow me on twitter @dannykofke, or find me on facebook.

Thanks so much - here's to living well on less!

Danny

Here are my upcoming events:

3/16    Presentation - Northwest Laurens Elementary School 3:00 pm EST
3/16    Radio Interview on WDUN's The Afternoon News Wrap with Derreck Booth 5:50 pm EST
3/17    Presentation - East Laurens Primary School 3:00 pm EST
3/18    Presentation - West Laurens Middle School 3:00 pm EST
3/19    Presentation - West Laurens High School 3:00 pm EST
3/21    Daddy/Daughter Presentation with Ava Kofke - Gwinnett Public Library Suwanee Branch 2-3
3/23    Presentation - Byron Elementary School 4:00 pm EST
3/23    Radio Interview on WDUN's The Afternoon News Wrap with Derreck Booth 5:50 pm EST
3/24    Presentation - Kay Road Elementary School 4:00 pm EST
3/25    Presentation - Fort Valley Middle School 3:00 pm EST
3/26    Presentation - University of Georgia 6:30 pm EST
3/30    Radio Interview on WDUN's The Afternoon News Wrap with Derreck Booth 5:50 pm EST
4/6      Radio Interview on WDUN's The Afternoon News Wrap with Derreck Booth 5:50 pm EST
4/13    Radio Interview on WDUN's The Afternoon News Wrap with Derreck Booth 5:50 pm EST
4/15    Presentation - Haralson County High School 3:00 pm EST
4/20    Keynote Speaker with Ava Kofke - Money Smart Week at The Federal Reserve Bank of Atlanta 10:30-1:00 pm EST
4/20     Radio Interview on WDUN's The Afternoon News Wrap with Derreck Booth 5:50 pm EST