Joshua krafchick is a young financial advisor currently working at 369 Financial LLC, a fee-only registered investment advisory firm that provides advice and guidance to its clients regarding wealth and risk management, financial and retirement planning, investment coaching, and retirement benefits.
Joshua is a financial advisor highly committed to his work to educate people and help them find financial liberty. Growing up, Joshua dreamt of becoming a WWE wrestler, but later as an adult, he realized that wasn’t what he wanted. He graduated from university with a degree in Actuarial Science. At this time, the job market was extremely thin, so he quickly took a job to ensure that his monthly bills were paid. This led Joshua to his first job in a big faceless finance company, where he soon realized that all financial professionals are in sales, not in investment.
From this time forward, Joshua had a mission to educate people on how they could grow their wealth. He guided people working in cooperate America about how they could optimize their wealth or how they could leave their cooperate America roots behind. For example, for people who work on a cubicle farm, their living standards don’t seem to change no matter how hard they work. Such people can rely on Joshua, who will guide them using his experience and knowledge and help them build their wealth.
Joshua Krafchick is a young financial advisor. Many research pieces have proven that working with a young financial advisor is more beneficial because they have a different and innovative perspective to share. Also, they can identify opportunities that older people in the industry cannot.
Any millennial can become a millionaire if you follow the advice of this young and innovative entrepreneur who, unlike every financial professional, is not in sales but he encourages investments. How can someone become a millionaire? After digging into the question, Joshua Krafchick has three pieces of advice for his clients that apply to everyone.
Firstly, save, save, and save. For people who are not very big risk-takers, saving is their way to become a millionaire. Saving can be difficult, it requires you to cut back on many needs and wants, and it also requires discipline, but there is no shortcut to becoming a millionaire. Saving is the route that millennials should follow. After all, when humans are in their young adulthood age range, they tend to spend a lot because they think status is all that matters. Many waste a large sum of money on things they never need or would use after one time. When saving, for example, if you are looking to buy a car, look for safety features, not luxury. Savers are more likely to work for cooperation and have guaranteed salary and health care benefits, so it can make saving easier and lifelessly complicated for them.
Second, take huge risks. Taking a leap of faith is risky, but it can help you become a millionaire. Entrepreneurs and innovators are the kinds of people who take this route of investing to become rich. However, this is a less certain way because there are chances that you might lose the amount that you’ve invested if your plan isn’t successful, which is why it is essential to have a very positive mindset when you are willing to invest. Especially during bad days when it is difficult to see hope, giving up or not being positive will lose the amount you had instead of gaining more. Even though nothing is guaranteed when investing, it is a quicker way of becoming a millionaire than saving money. If you are working in cooperate America, thinking of taking a leap of faith, just make sure you have some savings to undertake this journey.
Lastly, cooperate ladder. This is the journey that many people dream of having while growing up. Wearing a suit and tie and going to work at a huge corporation, having a social circle to enjoy life may seem easy from far away. In reality, climbing the corporate ladder is much more complicated and is the ideal option for everyone. You may have to switch jobs regularly when climbing the corporate ladder because companies like to recruit new employees externally. If you decide to take this route, you need to be very sure that this is the correct choice for the lifestyle you want, and you need to keep looking for new opportunities while staying in the same industry. Staying in the same industry is vital to becoming an expert in that industry over the years, so you need to be strongly sure that you enjoy your life and that this is what you want. Climbing the corporate ladder takes a lot of time, but it is easy once you’re up there. You have a status and a guaranteed good salary.
Anyone can become a millionaire, even a millennial, by following these choices. However, it would be best if you had a lot of patience because no one can become rich overnight. Furthermore, you will have to work very hard and stay positive, especially on days when everything might seem like it’s not going to work.
Joshua Krafchick also shares four skills that he suggests everyone should teach their kids, which will make them rich in the future. These skills include writing, public speaking, graphic designing, and communications. With continuous improvements in technology, many workers have been replaced by machinery, but these are some skills that can never be replaced by technology. These skills involve thinking process and creativity, and humans only hold these abilities in the world. No technology or robots can learn such skills, so the job of workers in this industry is always safe. Moreover, creativity, like graphic design, is an art, and no one can measure the value of art, which is another reason this skill can help your kids become rich.
Joshua krafchick is an innovative financial advisor who has a very different perspective on how you can build your wealth. His advice is different but valuable and effective.