Episodes

Email David@parallelfinancial.com with any questions Don't forget to get your valuebuilder score by visiting www.weeklywealthpodcast.com/valuebuilderscore Please connect with Trina Julian by going to: trinajulian.com trinajulian.com/newsletter trinajulian.com/instagram Takeaways: This episode dives into how business owners can improve profitability and automate operations. Trina Julian shares her journey of building and selling her landscaping business successfully. Building a business req...

As always, make sure to email David@parallelfinancial.com with any questions. Don't forget to get your VALUEBUILDER SCORE at www.weeklywealthpodcast.com/valuebuilderscore Leadership is a skill that can be improved with practice, just like any other skill. Great leaders show vulnerability and admit their shortcomings to their teams regularly. Leaders should lead by example, demonstrating the behaviors they want to see in their teams. Defining success clearly for your organization is essential...

As always, email david@parallelfinancial.com with any questions and get your value builder score at www.weeklywealthpodcast.com/valuebuilderscore Learn more about David Steele by visiting https://davidsteel.xyz/ Takeaways: In this episode, we dive into the principles of business success with David Steele, who is a seasoned entrepreneur. David Steele shares how his journey blends finance, creativity, and philanthropy to build sustainable wealth. The conversation emphasizes the importanc...

Email david@parallelfinancial.com Don't forget to visit www.weeklywealthpodcast.com Join our FACEBOOK GROUP Schedule your time with David at www.calendly.com/davidpf Takeaways: Social media can be a source of misleading financial advice, so be cautious. Understand the motivation behind financial influencers, as they often promote their own products. 401(k) plans can be beneficial, especially with employer matches and Roth options available. Not all financial advice is suitable for everyone...

Email david@parallelfinancial.com Join us on Facebook Takeaways: Understanding basic financial planning is crucial before diving into advanced strategies. Tax mitigation strategies such as state tax credits can significantly reduce your tax burden. Participating in tax credit funds requires accredited investor status and can offer substantial savings. Utilizing 1031 exchanges allows for deferring capital gains taxes on real estate investments. Cost segregation studies can accelerate depreci...

Contact David via email david@parallelfinancial.com Don't forget to visit www.weeklywealthpodcast.com Takeaways: Mastering financial basics is crucial for long-term success, just like athletes rely on fundamentals. Establishing an emergency fund of six to twelve months of expenses reduces financial stress. Understanding your investment risk tolerance is essential for aligning your portfolio with your goals. Consistently reviewing your insurance coverage helps protect your financial assets fro...

Email DAVID@Parallelfinancial.com with any questions or suggestions for topics. www.weeklywealthpodcast.com www.weeklywealthpodcast.com/valuebuilderscore MAIN 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 ...

Email DAVID@PARALLELFINANCIAL.COM with any questions Visit www.weeklywealthpodcast.com/endgame to get your FREE copy of the book END GAME. Leave your comments or questions at www.weeklywealthpodcast.com/voicemai Takeaways: 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 req...

Make sure to visit www.weeklywealthpodcast.com Email David@parallelfinancial.com Leave a message or comment at www.weeklywealthpodcast.com/voicemail As we reflect on the past year, it's crucial to recognize the valuable lessons we've learned that can guide us into the future. This episode highlights 24 key insights from 2024, emphasizing the importance of maintaining a long-term perspective on finances and the necessity of having financial margins to reduce stress. Join me as we delve into these...

Year-End Financial Planning for High Net Worth Individuals In 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...

Don't forget to visit www.weeklywealthpodcast.com Email David at david@parallelfinancial.com Have 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 shar...

Email david@parallelfinancial.com with any questions Follow 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...

Email david@parallelfinancial.com with any questions Follow us on Instagram! Like us on Facebook! Schedule a time to meet! Delving deep into the subject of bankruptcy, this episode features Adrienne Hines, an established bankruptcy attorney, who aims to reshape the narrative surrounding this often stigmatized financial solution. Hines begins by addressing the misconceptions that plague public perception of bankruptcy, arguing that it is a necessary tool for many who face overwhelming...

Email david@parallelfinancial.com with any questions Follow 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 adop...

Email david@parallelfinancial.com or Justin@parallelfinancial.com Don't forget to visit www.weeklywealthpodcast.com CLICK 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 aff...

Email david@parallelfinancial.com with any questions Follow 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 ...

Email david@parallelfinancial.com with any questions Follow 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 c...

Email david@parallelfinancial.com with any questions Follow us on Instagram! Like us on Facebook! Schedule a time to meet! If you find yourself stuck in a dead-end job, feeling unfulfilled and yearning for change, this conversation is for you. Karin Freeland, a certified life coach and former corporate workaholic, shares her journey of transformation and offers valuable insights on how to break free from the golden handcuffs that keep many high-achieving women tethered to their unfulfilling ...

As always, email david@parallelfinancial.com with any questions. Schedule a Chat Hurricane 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 highli...

Schedule a Chat (weeklywealthpodcast.com) Email your questions to DAVID@PARALLELFINANCIAL.COM This week's episode talks about a neglected risk management tool... DISABILITY INSURANCE. It the core, disability insurance protects your paycheck and can allow you to be able to continue paying your bills when/if you are unable to work and get paid.

Email david@parallelfinancial.com with any questions. Download the e-book ENDGAME at www.weeklywealthpodcast.com/endgame CLICK 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.net In 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 importan...

In this episode of the Weekly Wealth Podcast, host David explores the impact of financial habits, behaviors, and philosophies on our lives. He encourages listeners to reflect on key questions such as "What does money mean to you?" and "What financial lessons do you want to pass on to your children or grandchildren?" David discusses various perspectives on money, including its role in providing security, freedom, and power, as well as the importance of teaching positive financial habits like budg...

In this episode of the Weekly Wealth podcast, the focus is on understanding the Solo 401(k) plan, a valuable tool for entrepreneurs and business owners. Host David introduces a new monthly segment called "Ask the Professor," where he and his guest, Justin Chastain, will dive deeply into various financial products and concepts. Justin, who is also a financial advisor and educator, discusses the Solo 401(k) plan, highlighting its unique benefits for those who are self-employed or own a small busin...

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 r...