The Weekly Wealth Podcast

Everyone's talking about the free $1,000 the government just dropped into Trump Accounts. Almost nobody's talking about the fine print — or the backdoor Roth IRA strategy hiding inside it. In this episode, David breaks down Trump Accounts, 529 plans, UGMA/UTMA custodial accounts, and custodial Roth IRAs side by side: what each one actually does, where the real catches are, and the one advanced mov...

On January 6th, 1941, President Franklin D. Roosevelt stood before Congress and outlined four essential freedoms that every human being deserves. He wasn't talking about money. He was talking about human dignity. But in this episode, CFP® and fiduciary advisor David Chudyk reveals what those four freedoms look like when applied to wealth — and why the people who are truly, genuinely financially fr...

About This Episode Here's something that almost never gets talked about in personal finance: most people are both overpaying for insurance and dangerously underinsured — at the same time. In this episode, David Chudyk, CFP® breaks down exactly how that happens, which gaps most commonly cost people everything, and the four-step annual insurance audit every wealth-builder should be doing. What You'l...

Everyone's Buying SPCX. Here's What Smart Investors Actually Do. SpaceX (SPCX) just completed the largest IPO in history — $75 billion raised, debuting up 19% on day one, now trading over 40% above its IPO price. The hype is real. So are the risks most people aren't talking about. CFP® David Chudyk breaks down the bull case, the bear case, what happened when WeWork, Peloton, and Rivian met peak hy...

You've spent years building your business. But what if you've already crossed the finish line — and nobody told you? Most business owners spend their entire careers trying to reach financial freedom. But there's a specific, calculable threshold — called The Freedom Point — where the net proceeds from selling your business would fund the rest of your life without financial worry. And the uncomforta...

Someone in your life is giving you financial advice right now. They're confident. They say it like it's gospel. And they might be completely wrong. Not because they're bad people — but because they're handing you a prescription without doing the diagnosis. And in financial planning, that's how people end up behind where they should be. In this episode, CFP® David Chudyk dismantles four of the most...

Retirement planning is not about retirement. That's the provocation David opens with — and he means it. This episode isn't another checklist. It's a ground-up rethink of what the 5-to-10-year sprint before retirement actually demands: emotionally, philosophically, and financially. Starting with a question no financial podcast has the nerve to ask — is retirement even a biblical concept? — David wo...

The IRS actually built a legal way for business owners to pay their kids, cut their tax bill, and start building generational wealth — all at the same time. Most business owners have no idea it exists. And the ones who do usually aren't doing it right. In this episode, David breaks down the Hire Your Kids strategy from top to bottom — including the part most people skip — and adds two more powerfu...

The Psychology of Social Security The conventional wisdom says almost always delay Social Security until 70. New research says that advice is wrong for more people than you'd think — and the reason it's wrong isn't purely math. It's psychology. In this episode, David covers the 90-year history of Social Security, how it fits into a real retirement income plan, the four most overlooked risks of del...

This week is National Small Business Week — and before we get into strategy, David takes a moment to do something he thinks doesn't happen nearly enough: genuinely honor the people who build and run small businesses in America. Because it's hard. Really hard. And the numbers tell a story that most press releases never will. Then, in true Weekly Wealth fashion, he makes the turn: Small Business Wee...

EPISODE SUMMARY In this special annual episode, host and CFP David Chudyk steps away from financial strategy to do something he calls "the forbidden" — talk about himself. This episode is designed as a first step for anyone considering working with David as their financial advisor. He shares his background, his philosophy on money and life, who he works best with, and what makes his practice uniqu...

Your CPA Is Looking in the Rearview Mirror Tax preparation records what already happened. Tax planning changes what will happen. Here's the difference — and why it might be costing you tens of thousands of dollars a year. Nobody loves taxes. But the people who hate them the most are usually the ones overpaying. This episode is about closing that gap — using the exact same strategies that high-inco...

🎙️ Episode Summary Every generation thinks they had it the hardest financially. Boomers point to Vietnam and 18% mortgage rates. Gen X survived the dot-com crash. Millennials are buried in student loan debt. And Gen Z? They're lying awake wondering if AI is going to take their job before they ever cash their first real paycheck. Here's the thing — they're all right. And in this episode, CFP David...

Episode Description Most of us never got a formal money education — and the statistics show it. In this episode, CFP(r) David Chudyk breaks down exactly how to raise financially intelligent, grounded kids at every age — from toddlers to teenagers. Whether you're still building wealth or you've already made it, this episode is packed with practical, age-by-age strategies to make sure your kids don'...

Most people have never stopped to ask themselves what they actually want their retirement to look like. They default to whatever their parents did, or whatever society tells them. In this episode, David walks through six retirement philosophies — and one uncomfortable reality that nobody talks about. None of them are right or wrong, but one of them just might be exactly right for you. 🙏 A Biblica...

Episode Summary Geopolitical events feel catastrophic in the moment — but history says otherwise. In this episode of the Weekly Wealth Podcast , Certified Financial Planner David Chudyk breaks down exactly what investors should (and shouldn't) do during the ongoing Iran conflict and the market volatility it has created. From reevaluating your risk tolerance to turning off the news, David shares th...

How Delegation Builds Business Value (And Your Net Worth) | Weekly Wealth Podcast Episode Summary Most financial advisors talk about stocks, bonds, and investment strategies to grow your wealth. But CFP David Chudyk takes a different approach — because for most business owners, your business is your biggest asset . In this episode, David dives deep into one of the most underrated wealth-building s...

For any inquiries, please contact david@parallelfinancial.com ------------------------------------------------------------ Long term care is often misunderstood, and this episode dives into what it really is and what it isn’t. We break down the financial impacts it can have on both your life and your family’s life. It’s not just about planning for retirement; it’s about managing risks that can com...

Guest: Deric Keller - Certified Business Coach with Exit Momentum, former $10M business owner Episode Overview: Financial advisor David Chudyk interviews business coach Deric Keller about strategies that make businesses more profitable, sellable, and sustainable while improving owner wellbeing. Key Topics Discussed: 1. Common Hiring Mistakes Founders often hire to "fill a seat" rather than designi...

🎙️ The Weekly Wealth Podcast Boring Habits of Wealthy People Most people think wealth is built through big stock picks, crypto wins, business exits, or lottery-level luck. But in reality? Wealth is usually built through habits that are simple, repeatable… and honestly a little boring. In this episode, David breaks down the real behaviors he sees in high-net-worth clients and successful business ow...

🎙️ Weekly Wealth Podcast | Identity Over Resolutions: Your Money Mindset For any inquires, you can email me at david@parallelfinancial.com --------------------------------------------------------------------------- What if the key to financial success isn’t chasing the next hot investment—but becoming the kind of person who makes better money decisions over time? In this episode, Certified Financi...

Buying & Selling a Business: The Legal Playbook Every Owner Needs Featuring Jordan Goewey of Thomas Fisher and Edwards P.A. If you’re a business owner who thinks “I’ll just sell my business one day and everything will work out” — this episode is required listening. In my practice, I spend a lot of time helping business owners increase the value of their businesses and prepare for an eventual e...

Schedule your VISION CALL with David Chudyk by visiting www.weeklywealthpodcast.com/vision EPISODE DESCRIPTION This week on The Weekly Wealth Podcast , we’re doing something we’ve never done before — we’re welcoming a South Carolina State Senator and the President of the SC Senate , Thomas Alexander , to break down how state government really works. Most people only pay attention to politics at th...

Podcast: The Weekly Wealth Podcast Host: David Chudyk, CFP® Guest: Mike Draper, Partner at CFO Systems If you’re a business owner generating $2 million to $15+ million in annual revenue , one of your biggest risks may not be sales, competition, or employees — it may be your financial blind spot . In this episode of The Weekly Wealth Podcast , David Chudyk sits down with Mike Draper , Partner at CF...

🎙️ The Weekly Wealth Podcast Special Guest: Jessica Pierce In this episode of The Weekly Wealth Podcast , host David Chudyk is joined by special guest Jessica Pierce for an insightful conversation around money, mindset, and making smarter financial decisions. Together, they explore how behaviors—not just numbers—play a critical role in long-term wealth, and how intentional choices today can create...