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 and prevent issues.
• Even busy people must confront their financial realities to avoid future problems.

Links referenced in this episode:

• weeklywealthpodcast.com
• celebritynetworth.com
• davidarallelfinancial.com
• weeklywealthpodcast
• instagram.com/WeeklyWealthPodcast
• youtube.com/WeeklyWealthPodcast
• facebook.com/WeeklyWealthPodcast

Companies mentioned in this episode:

• Yahoo Sports
• Ford
• CelebrityNetWorth.com
• Parallel Financial
• Reebok

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 ups and downs.
• Friendships built during these eras enrich our lives and help us grow together.

Links referenced in this episode:

• weeklywealthpodcast.com

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 ensure personal financial security for business owners.
• Recurring revenue models can significantly enhance the financial stability of a business over time.
• Utilizing resources like PEOs can provide small businesses with HR and insurance support they might lack.

Mentioned in this episode:

Weekly Wealth Website

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 guides my work with clients effectively.
• I highlight how accountability plays a key role in achieving financial goals for my clients.
• We discuss the importance of having accurate financial statements to make informed decisions.

Mentioned in this episode:

Inside the Mind of an Aquirer

Weekly Wealth Website

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 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, which can add up.

Links referenced in this episode:

• www.allofmyassets.com
• david@parallelfinancial.com
• www.weeklywealthpodcast.com

Mentioned in this episode:

Inside the Mind of an Aquirer

Weekly Wealth Website

Email David Chudyk at david@parallelfinancial.com with your questions.

Takeaways:

• In 2025, stock market volatility is a big deal, and we're here to help you make solid financial choices.
• Understanding different asset classes can empower you to build a stronger investment portfolio.
• Stocks can be great for long-term value, but they come with market risks and emotional challenges.
• Bonds are usually more stable than stocks, but they might offer lower returns over time.
• Real estate offers passive income and tax benefits, but requires careful management and can be illiquid.
• Cryptocurrency is the new frontier of investment, with huge potential but also extreme volatility and regulatory uncertainty.

Links referenced in this episode:

• weeklywealthpodcast.com
• youtube.com
• instagram.com
• facebook.com

Companies mentioned in this episode:

• Apple
• CNBC
• Federal Deposit Insurance Corporation
• Parallel Financial

Get your Personal Financial Balance sheet at www.weeklywealthpodcast.com/balancesheet

Email David@parallelfinancial.com with your questions.

Reach Adam Anderson on Linkedin 🚀Adam Anderson | LinkedIn

Takeaways:

• In this episode, we dive into the exciting concept of space whiskey and its potential market.
• Adam shares his journey of transitioning from a CEO to focusing on his entrepreneurial passions in space.
• We discuss the unique challenges and opportunities of aging whiskey in space using sound waves.
• The podcast covers how community and networking play a crucial role in entrepreneurial success.
• We explore the importance of having a solid sales process when stepping back from direct sales.
• Adam emphasizes the need for entrepreneurial resilience and adapting to challenges in business.

Links referenced in this episode:

• threatcaptain.com
• linkedin.com/in/adamandersonceo

Companies mentioned in this episode:

• Fire Forge Brewer
• Wall Street Greenville
• NASA
• Richard Branson
• Necker island
• Threat Captain

Mentioned in this episode:

Inside the Mind of an Aquirer

Weekly Wealth Website

Inside the Mind of an Aquirer

Weekly Wealth Website

Make sure to email David Chudyk with your questions, david@parallelfinancial.com.

Takeaways:

• In this episode, we discussed how tariffs are taxes on imported goods that affect prices.
• We explored the history of tariffs in the U.S. and their impact on the economy since 1789.
• The pros and cons of tariffs were examined, including their effects on domestic industries and consumer prices.
• We talked about the potential consequences of recent tariffs, including increased costs for consumers and trade tensions.
• The idea that our businesses are designed to give us current results was emphasized and discussed.
• Finally, we encouraged listeners to think critically about tariffs and their broader economic implications.

Links referenced in this episode:

• www.parallelfinancial.com
• instagram.com/weeklywealthpodcast

Mentioned in this episode:

Weekly Wealth Website