Joe serves as Executive Vice President, Chief Lending Officer of FNBC Bank & Trust in La Grange, IL. He has been a member of the FNBC team since 2012 and manages a group of several commercial and consumer loan officers at FNBC’s various locations.He develops and services banking and loan relationships with businesses, investors, individuals, and not-for-profits. His specialization includes loans for purchasing or refinancing commercial, investment, multi-family, office/medical, retail, industrial, mixed-use, and condo association properties, in addition to construction financing and lines of credit, as well as equipment, real estate, and buy-out loans for businesses.Joe has enjoyed serving on numerous boards for community organizations, including the La Grange Business Association, the Rotary Club of La Grange, the Pav YMCA of Berwyn, and the Berwyn Development Corporation. He was also honored to be elected to the office of Treasurer of the City of Berwyn.In this episode, Philip and Joe Kroc discuss: Start saving earlyThe importance of financial educationEnjoy your money while planning for retirementMulti-generational wealth planningLightbulb Moments:Developing good saving habits and automating savings from each paycheck can significantly grow your money over time, providing financial flexibility and enabling investments in the future.Financial literacy, such as understanding compound interest and savings, should be a priority for you to learn and teach young people to empower them to make informed financial decisions.Enjoy your money in your prime years and create memorable experiences, while still maintaining a healthy retirement plan. Instead of focusing solely on passing down wealth after death, consider helping your children and supporting charities earlier in life to see the benefits and joy they bring.“You may have failures that are out of your control. No matter what you could have done, it wouldn't have been different. Accept that loss and move on to looking into the opportunities that you now have because of that.” - Joe KrocConnect with Joe Kroc: LinkedIn: https://www.linkedin.com/in/joe-kroc-0b666a50/ Connect with Philip: Website: https://www.fornarolaw.com/ Podcast Website: https://lbmpodcast.com/ "X": https://x.com/FornaroLaw Pinterest: https://www.pinterest.com/philipfornaro/ YouTube: https://www.youtube.com/@fornarolaw3002 LinkedIn: https://www.linkedin.com/in/fornarolaw Instagram: https://www.instagram.com/fornarolaw/ Facebook: https://www.facebook.com/FornaroLaw https://www.facebook.com/philip.fornaro.3/ 

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