Shows
The Weekly Wealth PodcastEp 246: Financial Christmas Gifts for Your Future SelfEpisode SummaryIn this holiday-inspired episode, David Chudyk shares 10 meaningful financial “gifts” your future self will be grateful for in 2026 and beyond. These gifts aren’t wrapped under a tree—they’re intentional decisions that build clarity, confidence, stability, and long-term wealth. This episode is designed for anyone looking to step into the new year with better habits, smarter planning, and a sense of peace around their finances.Key Topics Covered1. The Gift of Financial ClarityUnderstanding your numbers—spending, savings rate, debt, investments, and insurance—gives you control instead of chaos. You don...
2025-12-1221 min
The Weekly Wealth PodcastEp 245: 26 Big Decisions for Wealth Growth📘 Show Notes: 26 Big Decisions for Wealth GrowthEpisode Title: 26 Big Decisions for Wealth GrowthHost: David Chudyk, CFP®Podcast: The Weekly Wealth Podcast🔥 Episode OverviewIn this episode, David breaks down 26 powerful “big decisions” that can dramatically impact your wealth, business, lifestyle, and long-term financial freedom. Instead of tackling everything at once, David challenges listeners to choose one single decision to focus on in 2026—the one that will create a domino effect in every area of life.This episode is perfect for business owners, high-income earners, and successful pr...
2025-12-0522 min
The Weekly Wealth PodcastEp 243: 7 Silent Money Leaks Draining High-Earning Entrepreneurs📘 Show Notes: Episode 2437 Wealth Leaks Silently Draining High-Earning EntrepreneursIn this week’s episode of The Weekly Wealth Podcast, Certified Financial Planner David Chudyk breaks down seven of the biggest hidden money leaks he sees among high-earning entrepreneurs and business owners. These leaks are subtle, easy to overlook, and can quietly cost thousands each year — but the good news is they’re fixable.David walks you through each leak, explains why it happens, and gives practical steps to plug the problem so you can keep more of what you earn and build...
2025-11-2120 min
The Weekly Wealth PodcastEp 242: Boosting Business Valuation for Sale🎙️ Episode Title: Boosting Your Business Valuation for SalePodcast: The Weekly Wealth PodcastHost: David Chudyk, CFP®💡 Episode OverviewIn this episode, Certified Financial Planner™ David Chudyk shares practical strategies to increase the value of your business — whether you plan to sell soon or simply want to build a stronger, more profitable company.From leadership pitfalls to recurring revenue models, David outlines actionable ways business owners can make their company more attractive to buyers and create freedom in their lives.🔑 What...
2025-11-1421 minThe Weekly Wealth PodcastEp 241: The Biggest Wealth Tool: You?🎙 Episode Title: The Biggest Wealth Tool: You?Podcast: The Weekly Wealth PodcastHost: David Chudyk, CFP®Duration: ~15 minutes💡 Episode SummaryIn this episode, Certified Financial Planner™ David Chudyk reveals what he believes is the biggest wealth-building—and wealth-destroying—tool you have: your mind.David explores how mindset, habits, and self-talk directly influence financial outcomes, and shares practical “mantras” to guide listeners toward a healthier relationship with money.🧠 Key TakeawaysYour Mind Is Your Greatest Asset – The way you think affe...
2025-11-0715 min
The Weekly Wealth PodcastEp 240: This Halloween Episode Will Scare the $^#% Out of You!👻 Episode SummaryIn this special Halloween edition, David explores some of the scariest financial mistakes people make — from ignoring their 401(k)s to neglecting estate planning and assuming their business will fund retirement. He also shares tips to avoid these “financial frights” and offers resources to help you make smarter money decisions.🧟♂️ Key TakeawaysDon’t drift with your 401(k): Review your investments regularly and get professional advice.Don’t assume one small action solves it all: Keep monitoring your finances after taking action.Plan for the inevitable: Prepar...
2025-10-3017 min
The Weekly Wealth PodcastEp 237: Ask the Professor: Legal Tax Hacks Your CPA Isn’t Talking About💡 Episode SummaryIn this week’s Ask the Professor edition of The Weekly Wealth Podcast, host David Chudyk, CFP®, sits down with financial educator and colleague Justin Chastain (“The Professor”) to unpack key tax planning concepts that impact retirement, Social Security, and business owners.Justin—who teaches future CFP® professionals through Dalton Education—shares his trademark mix of deep insight and humor while explaining how proactive tax strategies can create real, lasting wealth.🧩 Topics Covered1️⃣ Social Security TaxationHow benefits can be taxed at 0%, 50%, or 85%Why income...
2025-10-1035 min
The Weekly Wealth PodcastEp 235: Is Your Business Ready for Sale? Find Out Now!Episode OverviewYour business is likely your biggest asset—but are you treating it like one? In this week’s episode of The Weekly Wealth Podcast, Certified Financial Planner™ David Chudyk breaks down the eight key drivers of company value that make your business more attractive, sellable, and profitable.Whether you’re years away from selling or just want to build a business that runs smoothly without you, these strategies will help you create a more valuable, marketable, and enjoyable company.You’ll also hear about two tools designed for business owners who want clari...
2025-09-2614 min
The Weekly Wealth PodcastEp 232: What Football Wins Can Teach Us About Money WinsEmail david@parallelfinancial.com with your questions.Don't forget to schedule your 10-minute vision call www.weeklywealthpodcast.com/visionEpisode SummaryIt’s football season, and Certified Financial Planner™ David Chudyk is drawing play-by-play lessons from the field to your financial life. Just like championships aren’t won on Saturdays or Sundays but in the preparation during the week, your financial success comes from the fundamentals, the planning, and yes—even the “boring” stuff.In this episode, David breaks down four powerful football analogies to help you win with money:Watching Fil...
2025-09-0525 min
The Weekly Wealth PodcastEp 231: QRLTSchedule your TEN-MINUTE VISION CALL www.weeklywealthpodcast.com/vision Email david@parallelfinancial.com with any questions🎙️ Episode OverviewIn this episode, host David Chudyk, CFP®, kicks off the Fall Webinar Series with a powerful conversation with Greg Towner, Chief Investment Officer at Parallel Financial. Together, they dive deep into the guiding principles of portfolio management and the importance of investor behavior.Greg introduces the QRLT framework (you’ll have to listen in to discover what each letter stands for!) and shares insights into how disc...
2025-08-2923 min
The Weekly Wealth PodcastEp 228: Rewiring Your Mindset for Wealth and Worthiness – with Kam KnightContact David via email david@parallelfinancial.comGet your VALUE BUILDER SCORE www.weeklywealthpodcast.com/valuebuilderscoreSchedule your 10-minute VISION CALLIn this episode of The Weekly Wealth Podcast, host and Certified Financial Planner David Chudyk welcomes personal development author and mindset coach Kam Knight to dive deep into the psychology of self-worth, resistance, internal dialogue, and financial growth.🔑 Key Topics Covered:Why internal resistance grows when your desires grow—and how to reduce itThe real reason many peopl...
2025-08-0846 min
The Weekly Wealth PodcastEp 226: Budgetting is a bad word, money psychology, and the worst kinds of financial adviceDon't forget to share this episode with a friend, family member, colleague, or co-worker. Learn more about David by listening to episode 215: Who is David Chudyk and what does he do?
2025-07-2522 min
The Weekly Wealth PodcastEp 225: RICH📩 Let’s Connect!We want to hear from you! Join the discussion in the Weekly Wealth Podcast Facebook Group or email David directly at david@parallelfinancial.com with your thoughts on what being rich means to you.📞 Ready for Clarity?If you're a high earner or business owner and want help taking the next smart step in your financial life, book a free 10-Minute Wealth Vision Call with David today—no pressure, just clarity.📢 Help Us Grow!If you found value in this episode, please share it with a friend, colle...
2025-07-1828 min
The Weekly Wealth PodcastEP 223: Freedom Isn't Free: Smart Strategies for Financial IndependenceIn celebration of Independence Day, this episode dives into a different kind of freedom—financial freedom. David Chudyk, Certified Financial Planner, shares powerful insights on what financial independence truly means for high earners, business owners, and the mass affluent.Spoiler: It’s not just about having a big income—it’s about creating financial margin, controlling your time, and building true wealth.💥 What You’ll Learn:Why 66% of high earners still live paycheck to paycheckThe definition of financial margin and why it's the fuel for freedomHow to spot and stop lifestyle creep before it sabotages you...
2025-07-0222 min
The Weekly Wealth PodcastEp 222: Aleatory, Umbrellas & Other Weird Insurance Terms That Actually Matter💡 Episode SummaryWe all love talking about growing our money—stocks, ETFs, crypto, and dividends. But what about protecting what we've already worked so hard to earn?In this episode, Certified Financial Planner and property & casualty agency owner David Chudyk dives deep into one of the most overlooked, least "sexy"—but absolutely essential—tools in your financial toolkit: property and casualty insurance. Whether you're a homeowner, a driver, or a business owner, understanding this coverage can protect your financial future in a big way.🧠 What You'll Learn✅ What is Property & Casualty Insurance?...
2025-06-2726 min
The Weekly Wealth PodcastEp 220: Business Ownership: Hard Yes. Worth It? Also Yes.🔑 Episode SummaryIn Episode 220 of The Weekly Wealth Podcast, David Chudyk flips the script from last week’s focus on business challenges to highlight the powerful benefits of entrepreneurship. From unlimited income and legacy-building to personal growth and purpose, this episode is your reminder of why business ownership is one of the most rewarding journeys you can take — financially and personally.🧠 What You’ll LearnThe true upside of owning a business (hint: it's not just money)How business ownership unlocks the 4 Freedoms: time, money, relationships, and purposeWhy your business is your most valuable appreciating...
2025-06-1320 min
The Weekly Wealth PodcastEp 219: Owning a business is hard🔑 Episode SummaryIn this episode of The Weekly Wealth Podcast, David Chudyk gets real with business owners — from startup entrepreneurs to seven-figure professionals — and shares the six most common mistakes that sabotage business success and financial peace. This is a must-listen if you want to run a more profitable, less stressful business and finally build lasting wealth.🧠 What You’ll LearnWhy treating your business bank account like a personal ATM leads to disasterHow not knowing your numbers is killing your profitWhy you’re probably undercharging — and what to do about itHow niche focus and diversified...
2025-06-0621 minThe Weekly Wealth PodcastEp 215: Who is David Chudyk and what does he do?Don't forget to email david@parallelfinancial.comvisit www.weeklywealthpodcast.com/valuebuilderscoreInstagram(88) The Weekly Wealth Podcast - YouTube In this episode, I share what my financial planning practice does to help clients succeed. I emphasize the importance of understanding each client's unique financial goals and needs. Financial planning is about more than just investments; it includes tax planning and risk management. I explain the seven-step financial planning process that guides my work with clients effectively. I highlight how accountability plays a key role in achieving financial goals for my clients. We...
2025-05-0223 min
The Weekly Wealth PodcastEpisode 214: From Employee to Entrepreneur: Key ConsiderationsPlease email me, David Chudyk, with any questions, or if you just want to connect: david@parallelfinancial.com Takeaways: Freelancers and independent contractors have more control over their work compared to employees. It's important to remember that freelance income is subject to self-employment taxes, unlike W2 income. Planning for irregular cash flow is crucial for freelancers and independent contractors. Independent contractors can deduct business expenses, which can lower their taxable income significantly. Having a good relationship with a tax professional is essential for managing freelance income. Freelancers must handle their own training and professional development expenses...
2025-04-2521 min
The Weekly Wealth PodcastEpisode 210: Understanding the Market: Your Guide to Smart InvestingMake sure to email David Chudyk with your questions, david@parallelfinancial.com Takeaways: In investing, there is never a perfect time to start; it's always a bit scary. Being informed about investment terms helps you make smarter financial decisions over time. Market conditions fluctuate, so your investments may not reflect the overall market trends. Understanding metrics like alpha and beta can empower you to evaluate your investments better. The S&P 500 is a popular index, but not all investments follow it equally in performance. Professional financial management adds accountability and systematic decision-making to your investment strategy.
2025-03-2818 minThe Weekly Wealth PodcastEp 209: Copywriting and Comedy: The Perfect Duo for Your BusinessMake sure to email David Chudyk with your question david@parallelfinancial.comYou can find out more about Jill Pavlov by visiting her website copy-pop.comTakeaways: We had our first comedian guest, Jill Pavlov, who brings humor to serious topics. This episode dives into how copywriting can enhance your business strategy effectively. Jill shared her journey in comedy and how laughter serves as a coping mechanism. We discussed the importance of understanding financial tools like credit cards to avoid costly mistakes. The conversation highlighted how humor can bridge tough financial discussions with clients...
2025-03-2135 min
The Weekly Wealth PodcastEp 200: Behind the Microphone: My Story and the Future of the Weekly Wealth PodcastEmail DAVID@Parallelfinancial.com with any questions or suggestions for topics.www.weeklywealthpodcast.comwww.weeklywealthpodcast.com/valuebuilderscoreMAIN TAKEAWAYS FROM THIS WEEK'S EPISODE: Reaching 200 episodes of the weekly Wealth Podcast is a rare achievement in podcasting. David Chudyk shares his journey from financial services representative to wealth management professional. The podcast aims to help mass affluent individuals improve their financial lives and understanding. David discusses his focus on business owners, high net worth individuals, and average persons. Financial planning is essential for business owners, who face unique financial challenges and decisions. The podcast will continue...
2025-01-1018 minThe Weekly Wealth PodcastUnlocking Success in 2025: Ditch Resolutions for Real ChangeEmail DAVID@PARALLELFINANCIAL.COM with any questionsVisit www.weeklywealthpodcast.com/endgame to get your FREE copy of the book END GAME.Leave your comments or questions at www.weeklywealthpodcast.com/voicemaiTakeaways: New Year's resolutions often fail, with 80% abandoned by mid-February each year. Instead of resolutions, consider identity changes that align with your financial goals. To achieve financial success, focus on daily habits rather than just on end goals. Building wealth requires a mindset shift; think and act like financially secure individuals. Successful people track their finances and understand their spending...
2025-01-0316 minThe Weekly Wealth PodcastEp 197: Maximize Your Wealth: Year-End Financial PlanningYear-End Financial Planning for High Net Worth IndividualsIn this episode, David Chudyk, a Certifed Financial Planner(tm) practitioner with Parallel Financial, discusses various financial planning strategies for high net worth and mass affluent individuals as the year comes to a close. He covers topics such as holiday spending plans, Roth IRA conversions, charitable giving, asset allocation reviews, business expense preparations, and end-of-year financial checks. Additionally, David emphasizes the benefits of performing a 'happiness audit' on spending, practicing random acts of kindness, and teaching children about money. Listeners are encouraged to reach out with questions or to...
2024-12-1318 minThe Weekly Wealth PodcastThanksgiving Reflections: What We're Grateful For in 2024Don't forget to visit www.weeklywealthpodcast.comEmail David at david@parallelfinancial.comHave a Great Thanksgiving!David Chudyk shares a heartfelt Thanksgiving episode of the Weekly Wealth Podcast, emphasizing the importance of being purposefully thankful every day. He reflects on personal gratitude, including celebrating 25 years of marriage, improved health, and the accomplishments of his children. To deepen the theme of thankfulness, David invites friends, colleagues, and clients to share what they are thankful for, creating a rich tapestry of gratitude that underscores the significance of connection and support in our lives. The...
2024-11-2811 minThe Weekly Wealth PodcastEpisode 195 - Financial Faux Pas: 7 Steps to Ensure You Stay BrokeEmail david@parallelfinancial.com with any questionsFollow us on Instagram!Like us on Facebook!Schedule a time to meet!This week's episode of the Weekly Wealth Podcast takes a humorous yet insightful look at how to stay broke. David Chudyk outlines several key strategies that can lead to financial stagnation, such as failing to provide value in your career, surrounding yourself with financially struggling friends, and succumbing to lifestyle creep as your income increases. The discussion emphasizes the importance of taking responsibility for your financial situation rather than blaming external fact...
2024-11-2215 minThe Weekly Wealth PodcastEpisode 193: Unlocking Financial Success: 3 Game-Changing Words You Need to KnowEmail david@parallelfinancial.com with any questionsFollow us on Instagram!Like us on Facebook!Schedule a time to meet!This week's episode of the Weekly Wealth Podcast centers around three transformative words that can enhance your financial mindset and overall life: abundance, margin, and risk. David Chudyk dives deep into the transformative power of three key financial concepts that can reshape your approach to money. The first concept is 'abundance,' which encourages listeners to adopt a mindset that sees financial opportunities as limitless rather than scarce. David emphasizes how this...
2024-11-0817 minThe Weekly Wealth PodcastEp: 192 Unlocking the Secrets of Net Unrealized Appreciation: A Deep Dive with the ProfessorEmail david@parallelfinancial.com orJustin@parallelfinancial.comDon't forget to visit www.weeklywealthpodcast.comCLICK HERE to download the FREE EBOOK, INSIDE THE MIND OF AN ACQUIRER: Understanding the Potential Buyers of your Business. An exploration of Net Unrealized Appreciation (NUA) takes center stage as David Chudyk engages in a dialogue with financial planner Justin Chastain. NUA represents the unrealized gains from employer stock within retirement accounts and can significantly affect the tax implications when an employee retires or changes jobs. Chastain explains how this concept can save...
2024-11-0121 min
The Weekly Wealth PodcastEpisode 191: Money Matters: Building Trust and Teamwork in RelationshipsEmail david@parallelfinancial.com with any questionsFollow us on Instagram!Like us on Facebook!Schedule a time to meet!Money is often the number one stressor in relationships, and in this episode, David Chudyk and couples financial coach Adam Kol dive deep into how couples can navigate financial discussions to foster trust and safety. They discuss the importance of understanding each partner's relationship with money, shaped by their upbringing and past experiences. Adam emphasizes that financial harmony can lead to a stronger partnership, allowing couples to achieve their shared goals with...
2024-10-2532 min
The Weekly Wealth PodcastEpisode #190: The Truth About Tax Credits: Are They Too Good to Be True?Email david@parallelfinancial.com with any questionsFollow us on Instagram!Like us on Facebook!Schedule a time to meet!This week on the Weekly Wealth Podcast, we delve into the often-overlooked world of tax credits and how they can significantly reduce your state income tax liability. Host David Chudyk is joined by Harris Sinsley, a corporate tax attorney turned tax credit expert, who explains the legitimacy and benefits of these credits. Listeners will learn about various types of tax credits available, particularly in South Carolina, and how even individuals who aren...
2024-10-1827 minThe Weekly Wealth PodcastDisaster-Proof Your Finances: Lessons from Hurricane HeleneAs always, email david@parallelfinancial.com with any questions.Schedule a ChatHurricane Helene has caused significant destruction across several states, particularly in North Carolina, prompting Certified Financial Planner(tm) David Chudyk to share essential disaster preparedness tips. David talked about the importance of reviewing insurance coverage, including homeowners, renters, and auto policies, to ensure adequate protection against floods and other natural disasters. David also highlights the need for emergency cash on hand, as many areas may face power outages that disrupt access to ATMs and banks. Additionally, he stresses the importance of...
2024-10-0408 minThe Weekly Wealth PodcastEp 186: The insurance industry is a dumpster fire right now.Email david@parallelfinancial.com with any questions.Download the e-book ENDGAME at www.weeklywealthpodcast.com/endgameCLICK HERE to set your time to speak with David If you are in SC, NC, or GA and have any property and casualty insurance questions, email jessica@cfsig.netIn this episode of the Weekly Wealth Podcast, David Chudyk dives into the rising costs of home and auto insurance rates.Many people are shocked by the steep increases in their insurance bills and points out how important, yet often...
2024-09-2020 min
The Weekly Wealth PodcastEp 183: Financial goals and the HACKS that can help you to achieve them.In this episode of the Weekly Wealth Podcast, Certified Financial Planner(tm) David Chudyk discusses the psychology behind financial decision-making, focusing on whether individuals are more motivated by the fear of losing or the desire to win. David explores how these motivations can impact financial behavior, while emphasizing the importance of understanding your own mindset when setting and achieving financial goals. He also highlights the role of positive reinforcement, like the dopamine release from winning, in encouraging good financial habits and building confidence. David encourages listeners to reflect on their own motivations and consider how...
2024-08-3020 minThe Weekly Wealth PodcastEp 182: Do you love winning or hate losing (your money)?In this episode of the Weekly Wealth Podcast, David Chudyk delves into the psychology behind financial motivation. He begins by asking listeners whether they are more driven by the fear of losing or the desire to win, relating this to financial goals versus financial fears. Drawing parallels with sports legends like Michael Jordan and Serena Williams, David explores how different motivations can influence our financial decisions. He discusses the importance of recognizing these motivations in managing money and achieving financial success.David also provides practical advice for addressing common financial fears. He emphasizes the importance...
2024-08-2321 minThe Weekly Wealth PodcastEP 181: Emergency Stock Market Volatility EpisodeIn this episode of the Weekly Wealth podcast, certified financial planner David addresses the currentstock market volatility and its impact on investors. He discusses the recent significant downturns in majorindices, including the Dow Jones, Nasdaq, and S&P 500, emphasizing the importance of assessingpersonal risk tolerance and time horizons when managing investment portfolios. David highlights theconcept of a "buffer asset"—maintaining adequate cash reserves to weather market downturns andprovide peace of mind. He also explores the potential benefits of annuities for guaranteed income and...
2024-08-0922 min
The Weekly Wealth PodcastEP 180: Money 101: Lessons Schools Shouldn't SkipLet's talk about what our children should be learning about MONEY and success in school and at home.Our decisions compound for us (or against us) every day. Small decisions and actions play a large role in determining our long term successes.Financial literacy.We are all paid based on how easy it is to replace us.We must consider earning potential when deciding on our career and education paths.Settling for mediocrity will result in mediocre results.Don't forget to contact David Chudyk with any of your questions by emailing david@parallelfinancial.com ...
2024-08-0217 min
The Weekly Wealth PodcastEp 179: Decoding the Language of MoneyDavid, a seasoned certified financial planner at Parallel Financial, and Anna, an associate financial advisor, engage in a dynamic dialogue about their professional ethos and the pivotal role of client relationships in their practice. David eloquently articulates Parallel Financial's commitment to personalized financial strategies tailored to diverse client needs, ranging from business owners to retirees. He emphasizes the importance of listening attentively to clients' aspirations and concerns, steering away from one-size-fits-all approaches in favor of bespoke financial solutions that foster long-term financial security and peace of mind.Anna, drawing on her background in linguistic and cultural understanding...
2024-07-2631 min
The Weekly Wealth PodcastEp 178: Justin Chastain... The Financial Planning Professor.In this episode of the Weekly Wealth podcast, host David Chudyk, a certified financial planner with Parallel Financial, engages in an insightful discussion with his colleague, Justin Chastain. They delve into the essence of comprehensive financial planning, emphasizing that it's more than just numbers and investments. Justin shares his journey of becoming a CFP, highlighting the importance of investing in self-worth to better serve clients. They also discuss the multifaceted nature of financial planning, which includes cash flow management, risk assessment, estate planning, and more. Justin illustrates the significance of understanding a client's unique financial situation and mindset, rather...
2024-07-1933 min
The Weekly Wealth PodcastEp 174: Care Continuum: Understanding Long-Term Care LevelsWhat key factors and resources are important for planning long-term elder care?In this episode, the discussion between David and Linda, an experienced elder care advisor specializing in helping families navigate the complexities of senior living. She offers personalized guidance in finding suitable independent, assisted, and memory care communities, ensuring the best fit based on clients' needs and budgets. Her services are typically free, as fees are covered by the communities, she focuses on the complexities of long-term elder care. Linda highlights the significant burden on caregivers, pointing out that those spending over 20 hours a week in c...
2024-06-2128 min
The Weekly Wealth PodcastEp 172: Ralph Estep of the ASK RALPH PODCASTHow Can High Income Individuals Optimize Their Taxes?In this episode of The Weekly World podcast, host David welcomes Ralph Estep, a financial professional and fellow podcaster, to discuss strategies for optimizing taxes, particularly for high-income individuals. Ralph shares twelve insightful tax tips, ranging from maximizing retirement account contributions to employing children in your business.Ralph emphasizes the importance of being intentional with financial decisions, stressing the need to surround oneself with a "dream team" of professionals including attorneys, accountants, and financial advisors. He highlights the value of tax planning throughout the year, rather than...
2024-06-0736 min
The Weekly Wealth PodcastEp 171: Eight Strongly Held Financial OpinionsStrongly Held Opinion #1: You Must DecideDuration: 00:00:22 - 00:02:52David Chudyk emphasizes the importance of making the choice to be financially successful.Key point: "Income minus expenses must be greater than zero."He stresses the necessity of consistently spending less than what is earned.Examples are given to illustrate how increased income and reduced expenses contribute to financial success.Opinion # 2: You Must KnowDavid Chudyk discusses the significance of being aware of one's financial situation.Questions are posed to prompt reflection on financial knowledge and preparedness.Topics include tracking expenses, understanding interest rates, and planning for...
2024-05-3117 min
The Weekly Wealth PodcastEp 170: Do LESS but BETTER to build your business.Amber Reynolds of Five Pineapples Consulting (www.fivepineapplesconsulting.com) discusses how business owners can increase their wealth by:Providing a world class customer service experience and discussed the difference between customer service and customer experience.Scaling their businesses.Identifying their super powers.Reach out to Amber at Facebook or on instagram @amberreynolds.meEmail David Chudyk at david@parallelfinancial.com Download the book ENDGAME by visiting www.weeklywealthpodcast.com/endgame
2024-05-2438 min
The Weekly Wealth PodcastEp 169: Money CAN buy happiness ?Can money buy happiness?Can you name a problem, where money doesn't make the problem a bit smaller or less severe?In this episode, we discuss some areas where money can make a problem... a bit less of a problem. What do you think? Are these accurate? email david@parallelfinancial.com with your thoughts.Schedule your call with David Chudyk by clicking www.calendly.com/davidpf
2024-05-1715 min
The Weekly Wealth PodcastEp 167: Financial Check-Up: Planning Tips for Medical PractitionersIn this episode, financial advisors, David Chudyk and Peyton Hoppes talk about financial planning issues and considerations that are important to:W2 (employee) medical professionals. These include any medical professionals that are employed by an organization and do not have ownership in the entity.Medical professionals who have full or partial ownership in a practice. This includes physicians, chiropractors, physical therapists, etc.Please visit www.promedwealth.com and CLICK HERE to subscribe to the PRO MED WEALTH youtube channel. Peyton Hoppes can also be reached via email peyton@parallelfinancial.comIf you have ever...
2024-05-0338 min
The Weekly Wealth PodcastEp 167: EASY ways to go BANKRUPTInsurance is not the sexiest area but it is one of the most overlooked and important areas.In this episode we discuss:Life insurance mistakes that are VERY PREVENTABLE but can have a high cost.Car insurance mistakes to avoid.Some common errors that business owners make with their risk management.You can reach David Chudyk via email david@parallelfinancial.com To book a time to speak with David, visit www.weeklywealthpodcast.com/schedule-a-chatAs a business owner, you're familiar with the challenges and complexities that come with steering your...
2024-04-2623 min
The Weekly Wealth PodcastEp 165: Second Chance, Shared Wealth: Financial Tips for Remarried CouplesIn this episode, let's talk about money considerations in second marriages. Some topics to discuss are:How will expenses be divided?How will debt be divided?The importance of financial transparency.Estate planning issues that arise with second marriages.Will (or to what extent) will finances be combined?As always, email david@parallelfinancial.com with any questions or click www.calendly.com/davidpf to set at time to speak with David Chudyk.
2024-04-1913 min
The Weekly Wealth PodcastEp 164: The ONE financial question that you should be asking yourself.A common misconception is that a Financial Advisor's job is only to invest his/her clients' money in a way that will get them the highest return possible. While investment management is important, it is only a part of the financial planning process.Another important job of a financial advisor is to help clients to identify risks and to take steps to mitigate the effects of the risks.In this episode, we talk about the CRUCIAL question that you should be asking yourself:"What are two are three things that if they happed...
2024-04-1215 minThe Weekly Wealth PodcastEp 162: Life insurance HACKS that you NEED to know.David Chudyk and Justin Sykes discuss non-traditional uses of life insurance. The most common use for life insurance (and a very important use) is for DEATH benefit protection. This provides a cash death benefit to a beneficiary when an insured dies. The death benefit is then, typically, used to pay family expenses.Other uses for life insurance are:Cash Value accumulation.Long term care/critical illness protection.Funding of BUY/SELL agreements.Providing revenue to a company if a key person passes away.To discuss how any of these concepts might fit into your...
2024-03-2939 minThe Weekly Wealth PodcastEp 161: Rise above the Money Fog.Author and long time Money Coach, Mikelann Valterra discussed:Money has the power in our lives to give us better lives.The Money FOG stems from our experiences as children.... our childhoods shaped our beliefs about money.Our money beliefs can create forms of financial self sabatoge.Money Guilt.To purchase Mikelann's book, visit Amazon.com: Rise Above the Money Fog: The Key to Confidence, Clarity, and Control Over Your Life: 9780979459795: Valterra, Mikelann: BooksTo learn more about Mikelann or to connect with her, visit her imformative website www.seatlemoneycoach.com To...
2024-03-1532 minThe Weekly Wealth PodcastEp. 160: Mastering Your Money: Strategies for Credit Score and Debt SuccessIn this episode we discuss the important topics of credit scores and debt.Firstly we explained:The basics of what a credit score is.The basics of how to improve your credit score.The basics of why your credit score has such a huge impact on many areas of your financial life.Then we jumped into:If you believe that "all debt is bad debt" and are striving to eliminate all of your debt, it might not make the most mathmatical sense, but it is much better than overleveraging.Do not borrow the...
2024-03-0821 minThe Weekly Wealth PodcastEp 158: Making your company legally invisible.Scott Royal Smith is an educator, investor, and attorney who helps business owners to protect their assets.We discuss:Ways to protect your company from lawsuits.Being the CEO of your own WEALTH company.Protecting yourself from creditors.Visit Royal Legal Solutions to learn more about Scott and his company.David Chudyk can always be reached for question via email david@parallelfinanancial.com CLICK HERE to download The 8 Drivers of Business Value. CLICK HERE to take the VALUE BUILDER ASSESSMENT.Schedule time to speak with David...
2024-02-2334 minThe Weekly Wealth PodcastEp 157: Why is a financial podcast interviewing a Licensed Family Therapist?Licensed Family Therapist, Thomas Castro talks about:Eliminating the need for our partners to act differently in order for us to be happy.In order for us to HAVE different relationships we need to DO different things.How improve the influence in our relationships by framing things differently.increasing the touch factor.Learn more about Thomas Castro by visiting theshinecampus.comDavid Chudyk, Certified Financial Planner(tm) can be reached by emailing david@parallelfinancial.com For the business owners...Take the Valuebuilder assessment at www.weeklywealthpodcast.com/valuebuilderscore...
2024-02-1648 min