Planning and Saving for College - Episode 692

I recently spoke with Danny Kofke about planning and saving for college.

After being an elementary school teacher for 18 years, Danny recently left the classroom to work with Mentoro - a financial education company. His love of teaching and personal finance led him to write five personal finance books including The Wealthy Teacher: Lessons For Prospering On A School Teacher’s Salary.

Danny’s everyday approach to handling money has led him to appear on numerous television shows, including Fox & Friends, The CBS Early Show, CNN’s Newsroom, The 700 Club, and The Clark Howard Show. He has also been interviewed on over 600 radio shows and featured in a number of publications, including USA Today, Yahoo.com, The Wall Street Journal, Money Magazine, and The Atlanta Journal-Constitution. He wants to show others if this former school teacher can do well financially, they can too!

In our conversation, Danny discusses:

• The pitfalls of saving for our kid’s college but not our own retirement

• Ideas for parents who have not saved for their kid’s college

• Unexpected expenses for his daughter in college

• Implications of student loans

 

I am very happy to announce that I am now one of Mentoro’s Mentors, helping members understand the role that scholarships play in paying for college.

 

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