Episodes

💡 Episode Summary In 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. 🧩 T...

In this week’s episode of The Weekly Wealth Podcast, David sits down with Mark Weithorn, a marketing expert turned tech entrepreneur who has spent the last 21 years running a successful web design and CRM company for realtors. From navigating industry disruptions to preparing employees for entrepreneurship to adopting AI responsibly, this conversation is full of lessons every business owner can apply. Whether you’re in real estate, tech, or any small business, the themes of resilience, reinvent...

Episode Overview Your 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 compan...

Too many people assume maxing out a 401k is always the smartest move. But what if it isn’t? In this episode, Certified Financial Planner™ David Chudyk breaks down three common financial mistakes he sees in his wealth management practice: Over-contributing to 401(k) plans without thinking about liquidity. Misunderstanding risk — either by avoiding it completely or chasing unrealistic returns. Blurring the line between business and personal finances. You’ll walk away with a clearer understandi...

Your home is often one of your largest assets—but how do you actually use that equity to improve your lifestyle, reduce financial stress, or create a safety net? In this week’s episode, host David Chudyk, CFP®, is joined by Archie Johnson of Mutual of Omaha Mortgage to explore how retirees and high earners can strategically access their home’s equity. They break down how tools like the Home Equity Conversion Mortgage (HECM) can eliminate mortgage payments, provide a line of credit, and even hel...

Email david@parallelfinancial.com with your questions. Don't forget to schedule your 10-minute vision call www.weeklywealthpodcast.com/vision Episode Summary It’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...

Schedule your TEN-MINUTE VISION CALL www.weeklywealthpodcast.com/vision Email david@parallelfinancial.com with any questions 🎙️ Episode Overview In 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 t...

👉 Connect with us on social media for more wealth-building tips: 📸 Instagram: @weeklywealthpodcast 👍 Facebook: Weekly Wealth Podcast Community 🌐 Website: www.weeklywealthpodcast.com It’s that time of year again—back to school season! And while our kids are busy hitting the books, many of them are missing out on some of the most important lessons of all: how to handle money. In this week’s episode of The Weekly Wealth Podcast, Certified Financial Planner™ David Chudyk shares 10 financial trut...

As always, email david@parallelfinancial.com with any questions! Thank you so much for listening to this episode. PLEASE tell a friend about it. Free Tools for Individuals Debt Snowball Calculator Personal Balance Sheet Generator Personalized Risk Number 10-Minute Vision Call with David Free Tools for Business Owners Value Builder Score Assessment PreScore™ – Personal Readiness to Exit Freedom Point Calculation Free eBooks The End Game Inside the Mind of the Acquirer The Subscription Economy...

Contact David via email david@parallelfinancial.com Get your VALUE BUILDER SCORE www.weeklywealthpodcast.com/valuebuilderscore Schedule your 10-minute VISION CALL In 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...

🔗 Resources and Links: 10-Minute Wealth Vision Call: WeeklyWealthPodcast.com/vision – Quick, no-pressure financial clarity session. Business Value Builder Score: WeeklyWealthPodcast.com/valuebuilder – Find out how sellable your business is and how to increase its value. Join the Conversation: Weekly Wealth Podcast Facebook Group – Share your thoughts and get accountability on updating your estate plan. What You’ll Learn in This Episode: Why Estate Planning Matters – Key components every plan ...

Don'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? <-- Click here to listen! In this powerful episode of The Weekly Wealth Podcast, Certified Financial Planner David Chudyk pulls back the curtain on why traditional budgeting advice often fails—and how a smarter, psychology-driven approach to spending can lead to long-term wealth. This week’s episode covers three h...

📩 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 ...

As always, please contact me to connect. Whether it's to chat about this week's podcast episode or anything else on your mind: David's Calendar Takeaways: The Big Beautiful Bill is a massive 900-page law that includes tax reforms and spending changes. One major change is the extension of the 2017 tax cuts for individuals, which helps many taxpayers. Seniors will benefit from an additional $6,000 exemption, providing them with more tax relief. Another key point is the introduction of a tax cre...

In 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 paycheck The defi...

💡 Episode Summary We 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 ...

🎧 EPISODE SUMMARY: In this episode of The Weekly Wealth Podcast, host David Chudyk sits down with Munira Zahabi—consultant, author, podcast host, and the renowned Niche Navigator. They explore what it really takes to stand out in today’s noisy marketplace and how giving your business a voice can dramatically shift your visibility and profitability. Whether you’re an entrepreneur feeling unseen or just looking for smarter ways to market yourself, this conversation is packed with real talk, perso...

🔑 Episode Summary In 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 Learn The true upside of owning a business (hint: it's not just money) How bus...

🔑 Episode Summary In 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 Learn Why treating your business bank account like a personal ATM leads to disaster How not knowin...

As always, you can email me at david@parallelfinancial.com to connect. Takeaways: Making a lot of money doesn't mean you won't face financial struggles down the road. Many high earners face unexpected financial issues despite their wealth and earnings. It's important to manage your spending wisely, regardless of how much you earn. Impulse buying can lead to regret and financial instability, so be mindful of spending. Regular financial check-ins can help keep your money situation in check a...

david@parallelfinancial.com if you would like to connect on any matter. Takeaways: We learned that enjoying the journey in life is as important as the destination. Witnessing our kids grow through sports has taught us invaluable life lessons. Human nature leads us to focus on negatives; we should aim for a balanced view. Developing a strong network while in college can greatly impact future career opportunities. Sports and college experiences teach us resilience, helping us navigate life's...

Email david@parallelfinancial.com Download the free ebook www.weeklywealthpodcast.com/subscriptioneconomy Instagram Youtube Takeaways: Small business owners face unique financial challenges that require careful planning and strategy. Managing personal and business finances simultaneously can be overwhelming for many business owners. Establishing strong financial habits is essential for business owners to achieve long-term success. Creating a retirement plan can help attract talent and ...

Don't forget to email david@parallelfinancial.com visit www.weeklywealthpodcast.com/valuebuilderscore Instagram (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 ...

Please 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 ...