To become a millionaire, school is not important, and in fact, it might be a waste of time and money.
Joshua Krafchick is a young financial advisor working at 369 Financial. This business aims to help its clients get the most value for their money through investment, savings, and retirement plans. Joshua is the owner, financial advisor, money manager, tax advisor, speaker, motivator, coach, wealth manager, blogger, and a millennial at the company. His goal is to educate people and help them find financial liberty.
After Joshua graduated from the Florida state university with a degree in actuarial science, he found out that the job market was very thin, so he quickly took jobs that would help him pay the monthly bills. After spending years in the financial industry, he realized there was a desperate need for change. Many financial professionals were in the sales and not in the investment. The need for this change encouraged him to start his own business, 369 Financial. He also started The Millennial Slacker’s Guide, a coaching business that focuses on serving the millennial generation and helping them become healthy, happy, and thriving individuals.
Joshua wants individuals to leave their American corporate roots and make moves to build their wealth. According to Joshua, anyone can become a millionaire, even a millennial. If you learn how to double your money, no one can stop you from becoming wealthy. To become a millionaire, Joshua has three pieces of advice on using your money.
First, save your money. For this, you need to cut back on many of your expenses and have some discipline in your life. It would be best if you only spent on things that are really important for you and not spend on items for status. Many young adults have difficulties handling their money and end up spending too much on things they would never use. They clutter things just for the class. Second, take huge risks. Taking a leap of faith can result in huge advantages. If the decision is right that you can become a millionaire very quickly. However, the risks in investing are huge, and there is no guarantee about anything. You might even end up losing all that you have. The third and last piece of advice is to climb the corporate ladder. This path is for everyone, and it is a difficult one, but once you reach the top, you have a job with a good and stable income and status.
According to Joshua, there are four skills that you teach your kids it will help them become rich in the future. These skills do not require you to go to school, and according to Joshua, to become a millionaire, you don’t even need to go to school. It would help if you stayed away from school. School is just a waste of time and money. You can join a school for basic learning requirements and drop out after high school at the age of around 18 so that you can use the rest of your time investing or gaining experience because experience can help you become rich, not school. School teaches you a lot of things, but they do not provide the field experience, which is a lot more essential and valuable than what we learn at school.
To become a millionaire, the four things that everyone should learn from a very young age are typing, public speaking, graphic designing, and communication skills. Phone texting using only your thumbs has killed the skills of typing. However, being able to effectively type and layout original thoughts through words is still a game-changer. Today, many people have started using visuals such as films and vlogs to present their thoughts, but they can still not replace the skills and importance of typing your thoughts into words.
People still love face-to-face interaction, and they would be willing to pay a lot to watch someone perform on stage, whether it’s a concert or entertainment show. The enjoyment derived from watching a live performance cannot be replaced by watching that same thing virtually. This is why kids need to have the confidence to speak in front of a large audience, and this is a skill valued a lot by people. Public speaking skills are also helpful when you have to give a presentation when working at a corporation, so it is always beneficial.
Demand for workers with masters in fine arts has increased a lot compared to the need for workers having a master’s in business administration. This is because the use of social media has grown a lot, and this has also helped businesses globalize. With all this, the requirement for graphic designers has increased rapidly to create interactive and exciting content to attract customers.
Lastly, communication skills this is a crucial skill as it helps you make connections. English might be the native language for many people, yet sometimes they get confused about what to say or how to communicate with some people. This is because analytical people communicate differently compared to creative people. Communicating with different people effectively will help you make connections, and the more links you have, the further you will be able to go.
A lot of time would be wasted if you go to school for a degree and then spend time doing internships or low-paid jobs to gain experience in the industry, and then finally, you can start on a good job that will pay you good. Instead, you can use all this time to learn these valuable skills, start your own business if you have an innovative idea, or you can invest in property or the stock market. Working smart and making good decisions are very important if someone wants to become a millionaire.
School and degree are important if you have life plans to work for a corporate job or your dream to step into a profession like an engineer or doctor where a degree prior knowledge is necessary to step into the field.
