7 Wealth Leaks Silently Draining High-Earning Entrepreneurs

In 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 intentional long-term wealth.

Why the wrong entity type, missed deductions, and lack of proactive tax planning can cost high earners 10–20% more each year.

How missing coverages, duplicated coverages, rising deductibles, or an underinsured home expose you to unnecessary financial risk.

Why high-interest credit cards, inefficient equipment financing, or paying down the wrong debts in the wrong order slows your wealth building.

How scattered accounts, overlap, idle cash, and missing strategy reduce returns and increase tax drag.

The silent wealth killer that grows spending at the same rate as income — and how to reverse it with intention.

Why unprepared businesses sell for less, become unsellable, or create chaos without systems, documentation, and buy-sell agreements.

How entrepreneurs who manage money on “feel” instead of process consistently overspend, under save, and make emotion-based decisions.

• 
  
• 
  
• 10-Minute Vision Call:
• 
  
• www.weeklywealthpodcast.com/vision
• 
  
• 
  
• 
  
• Value Builder Score:
• 
  
• www.weeklywealthpodcast.com/valuebuilderscore
• 
  
• 
  
• 
  
• Submit Your Thankfulness Recording:
• 
  
• www.weeklywealthpodcast.com/voicemail
• 
  
• 
  
• 
  
• Email David:
• 
  
• [email protected]
• 
  
• 
  

David invites listeners to share what they’re thankful for this year. Your message may be included in next week’s special Thanksgiving gratitude episode.

Podcast: The Weekly Wealth Podcast

Host: David Chudyk, CFP®

In 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.

• 
  
• 
  
• How being “the hub” of your business can decrease its value by up to 35%
• 
  
• 
  
• 
  
• The leadership style that builds loyalty but hurts valuation
• 
  
• 
  
• 
  
• Why delegation is one of the most profitable skills a business owner can master
• 
  
• 
  
• 
  
• How differentiation and innovation can transform a commodity into a category leader
• 
  
• 
  
• 
  
• The difference between recurring and reoccurring revenue — and why it matters to buyers
• 
  
• 
  
• 
  
• Simple ways to add predictable income streams and boost your company’s multiple
• 
  
• 
  
• 
  
• Free tools to measure and improve your business’s value
• 
  
• 
  

• 
  
• 
  
• Get out of the hub: Your business should run without you, not because of you.
• 
  
• 
  
• 
  
• Empower your team: Teach them how the business makes money — and let them own the results.
• 
  
• 
  
• 
  
• Create differentiation: Solve customer frustrations and stand out, even in a “boring” industry.
• 
  
• 
  
• 
  
• Build recurring revenue: Predictable income equals higher valuation.
• 
  
• 
  
• 
  
• Plan early: The earlier you start, the more control you have over your exit outcome.
• 
  
• 
  

• 
  
• 
  
• 🧠 The 4 Degrees of Delegation – Free eBook
• 
  
• 
  
• 
  
• 📈 Value Builder Score
• 
  
• 
  
• 
  
• 💼 PREScore – Personal Readiness to Exit
• 
  
• 
  
• 
  
• 💰 Freedom Score – Calculate Your Financial Freedom Number
• 
  
• 
  
• 
  
• 🧩 Inside the Mind of an Acquirer – Free eBook
• 
  
• 
  
• 
  
• 📞 Schedule a Vision Call
• 
  
• 
  

David Chudyk, CFP® is a Certified Financial Planner™ and founder of Parallel Financial. With offices in Greenville and Seneca, SC, David helps individuals and business owners make smarter financial decisions, create wealth, and live more fulfilling lives.

• 
  
• 
  
• 🌐 WeeklyWealthPodcast.com
• 
  
• 
  
• 
  
• 📸 Instagram: @weeklywealthpodcast
• 
  
• 
  
• 
  
• ▶️ YouTube: Weekly Wealth Podcast
• 
  
• 
  
• 
  
• 👍 Facebook: Weekly Wealth Podcast
• 
  
• 
  
• 
  
• ✉️ Email: [email protected]
• 
  
• 
  

🎙 Episode Title: The Biggest Wealth Tool: You?

Podcast: The Weekly Wealth Podcast

Host: David Chudyk, CFP®

Duration: ~15 minutes

In 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.

1. Your Mind Is Your Greatest Asset – The way you think affects your behaviors, and your behaviors determine your financial results.
2. Choose Your Hard – Life involves challenges either way: saving, planning, and being disciplined is hard—but so is financial stress later on. Choose the “hard” that leads to freedom.
3. Be Part of the Solution – Instead of focusing on problems, look for ways to create value and make positive changes—both personally and financially.
4. Adopt an Abundance Mindset – Believe there’s enough success, wealth, and opportunity for everyone. Abundance thinking attracts positivity and opportunities.
5. Look Good, Feel Good – Celebrate your wins. Enjoy the fruits of your labor responsibly—because money should improve your life, not just sit in your accounts.

• “What we think affects what we do, and what we do affects what we get.”
• “Choose your hard: the hard work now or the harder regret later.”
• “If you’re not part of the solution, you’re part of the problem.”
• “Try going a week without complaining—and see how it changes your mindset.”
• “Look good, feel good. You’ve earned it.”

• The 7 Habits of Highly Effective People by Stephen Covey
• Concepts of scarcity vs. abundance mindset
• Self-improvement and personal development philosophies

David challenges listeners to reflect not just on the quantitative side of money (how much you have), but also the qualitative side—how your financial choices improve your life, reduce stress, and contribute to the world around you.

Question of the Week:

• 💻 Website: www.weeklywealthpodcast.com
• 📅 Schedule a Vision Call: weeklywealthpodcast.com/vision
• ✉️ Email: [email protected]
• 🔗 Parallel Financial: www.parallelfinancial.com

If you enjoy The Weekly Wealth Podcast, please rate, review, and share it with your friends, family, and coworkers. Help us climb the Apple Podcasts charts and grow our community of wealth builders!

Disclaimer:

This podcast is for informational purposes only and should not be considered investment, legal, or tax advice. Past performance is not indicative of future results. Parallel Financial does not guarantee the accuracy or completeness of information discussed.

In 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.

• 
  
• 
  
• Don’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: Prepare for death, disability, or incapacitation through estate planning.
• 
  
• 
  
• 
  
• Business owners beware: Know what your business is actually worth and prepare before selling.
• 
  
• 
  
• 
  
• Taxes are scary — but manageable: Understand your tax rate, plan before year-end, and work with professionals.
• 
  
• 
  
• 
  
• Bonus tip: Don’t blow your diet this Halloween—avoid the “candy binge”!

• 
  
• 
  
• Get your Value Builder Score:
• 
  
• 👉 www.weeklywealthpodcast.com/valuebuilderscore
• 
  
• 
  
• 
  
• Download your free Balance Sheet Template:
• 
  
• 👉 www.weeklywealthpodcast.com/balancesheet
• 
  
• 
  
• 
  
• Contact David Chudyk:
• 
  
• 📧 [email protected]
• 
  
• 
  
• 
  
• Parallel Financial:
• 
  
• 🌐 https://www.parallelfinancial.com

Stay connected for more insights, behind-the-scenes content, and updates:

• 
  
• 
  
• Instagram: @weekly_wealth_podcast
• 
  
• 
  
• 
  
• Facebook: Weekly Wealth Podcast
• 
  
• 
  
• 
  
• LinkedIn: David Chudyk, CFP®
• 
  
• 
  
• 
  
• YouTube: Weekly Wealth Podcast Channel

If you enjoyed this episode:

• 
  
• 
  
• Share it with a friend or colleague
• 
  
• 
  
• 
  
• Subscribe on your favorite podcast platform
• 
  
• 
  
• 
  
• Leave a 5-star review to help others discover the show

The information shared in this podcast is for educational purposes only and should not be considered financial advice. Parallel Financial does not guarantee the accuracy or completeness of the information provided. Past performance is not indicative of future results.

In this episode of The Weekly Wealth Podcast, Certified Financial Planner ™ David Chudyk sits down with referral expert and author Stacey Brown Randall to uncover the secrets behind a truly referable client experience.

Stacey explains why great service isn’t enough, how to turn everyday clients into raving referral sources, and why asking for referrals can actually hurt your business. Whether you’re a financial advisor, business owner, or sales professional, this conversation will help you re-engineer your client experience so your business grows organically—without cold calls, gimmicks, or awkward scripts.

👉 Grab Stacey’s book: The Referable Client Experience

00:00 – Intro: Why referrals are the ultimate financial planning tool

01:00 – Meet Stacey Brown Randall: Referral coach, podcaster, and author

03:00 – Podcasting longevity & creativity: How podcasts build connection and credibility

04:00 – Customer Service vs. Client Experience: Understanding the difference

06:00 – Why most people mislabel “referrals” and what to track instead

07:30 – How small businesses can outshine big companies in experience

10:00 – The 3 Stages of Client Experience: New → Active → Alumni

12:00 – The 50/50 Formula: Great work + relationship touchpoints

16:00 – Overcoming “The Quiet Voice” of buyer’s remorse

18:00 – Example: Sending a “journey card” or handwritten note that reassures new clients

21:00 – Avoiding complacency during long-term client relationships

22:00 – Cookie Box Example: A creative relationship touchpoint before annual reviews

25:00 – Why not every happy client will refer — and that’s okay

27:00 – The Science Behind Referrals: Why you should never ask for them

30:00 – Centers of Influence: How to approach COIs the right way

33:00 – How Stacey works with clients & the programs she offers

35:00 – Lifetime value of a referral & compounding business growth

36:00 – What wealth means to Stacey Brown Randall: Freedom of choice

37:00 – Final Tip: Identify your current referral sources—the “low-hanging fruit”

39:00 – Bonus Content: How listeners can apply the episode immediately

• 
  
• 
  
• Client experience = how they feel working with you
• 
  
• 
  
• 
  
• Great work alone isn’t enough; add relationship touchpoints
• 
  
• 
  
• 
  
• Avoid the “ask” — referrals come from helping others, not self-promotion
• 
  
• 
  
• 
  
• Identify who’s already referring you and nurture those relationships first
• 
  
• 
  

• 
  
• 
  
• Book: The Referable Client Experience by Stacey Brown Randall
• 
  
• 
  
• 
  
• Website: staceybrownrandall.com
• 
  
• 
  
• 
  
• Podcast: Roadmap to Referrals by Stacey Brown Randall
• 
  
• 
  
• 
  
• Weekly Wealth Vision Call: weeklywealthpodcast.com/vision
• 
  
• 
  

Website: WeeklyWealthPodcast.com

Email: [email protected]

LinkedIn | Instagram | YouTube | Facebook → @WeeklyWealthPodcast

🎧 The Weekly Wealth Podcast — helping the mass affluent live better lives through how they handle their money.

In this episode of The Weekly Wealth Podcast, host David Chudyk, CFP®, sits down with Gordon Short of GBX Group to explore an incredible — and legal — tax strategy that allows high-income earners to use their federal tax liability to invest in historic real estate.

If you’ve ever wondered whether your tax dollars could do something more — like restore America’s historic architecture and generate potential returns — this episode is for you.

🎥 Watch the full webinar (with slides and visuals):

👉 https://youtu.be/jvJedhcmAxs?si=p9Eq-Rqwe1cPjysY

• 
  
• 
  
• The History Behind Historic Preservation Incentives:
• 
  
• How the destruction of New York’s Penn Station inspired the 1976 creation of federal programs to preserve historic architecture.
• 
  
• 
  
• 
  
• The Federal Historic Preservation Easement Program:
• 
  
• What it is, how it works, and how it’s administered jointly by the IRS and National Park Service under Internal Revenue Code §170(h).
• 
  
• 
  
• 
  
• GBX Group’s Unique Approach:
• 
  
• How GBX identifies, acquires, and rehabilitates historic buildings using investor funds — helping to save American landmarks while offering tax-efficient opportunities.
• 
  
• 
  
• 
  
• Tax Strategy Deep Dive:
• 
  
• 
  
• 
  
• 
  
• How investing in GBX can yield a $2.45 charitable deduction for every $1 invested
• 
  
• 
  
• 
  
• Why this strategy is typically suited for high earners in the 37% tax bracket
• 
  
• 
  
• 
  
• The 50% AGI limitation and how it impacts eligibility
• 
  
• 
  
• 
  
• Real-world examples showing federal and South Carolina tax savings
• 
  
• 
  
• 
  
• 
  
• 
  
• Economic and Community Impact:
• 
  
• See how restored buildings like the Municipal Light Plant in Columbus, OH and the YWCA in Nashville, TN have revitalized downtown areas and created jobs.
• 
  
• 
  
• 
  
• Returns and Real Estate Benefits:
• 
  
• How investors can receive both tax deductions and real-estate-based distributions, typically with a five-year hold period and targeted returns.
• 
  
• 
  

A taxpayer expecting to owe $100,000 in federal taxes can instead invest that amount with GBX Group.

• 
  
• 
  
• That $100,000 can generate a $245,000 charitable deduction
• 
  
• 
  
• 
  
• Producing an immediate tax benefit of ~$90,650 (at the 37% bracket)
• 
  
• 
  
• 
  
• Plus, potential cash distributions and long-term returns from the underlying real estate
• 
  
• 
  

For qualifying investors in states like South Carolina, the state tax deduction adds even more value.

This episode demonstrates how strategic, congressionally sanctioned tax planning can redirect tax dollars toward socially responsible projects — all while aligning with financial goals and preserving America’s historic landmarks.

Gordon Short is with GBX Group, headquartered in Cleveland, Ohio. A former tax accountant, Gordon has spent over a decade helping investors participate in the rehabilitation of historic structures through federally approved programs.

Learn more about building wealth and tax-efficient strategies:

🌐 www.weeklywealthpodcast.com

💬 Schedule your free 10-minute Wealth Vision Call: weeklywealthpodcast.com/vision

Investment advice offered through Parallel Financial, an SEC-registered investment advisor, able to conduct advisory business in states where it is registered, exempt, or excluded from registration. The contents herein are for informational purposes only and should not be construed as an offer or solicitation for investment advice or the purchase or sale of any security, insurance, or investment product.

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.

1️⃣ Social Security Taxation

• 
  
• 
  
• How benefits can be taxed at 0%, 50%, or 85%
• 
  
• 
  
• 
  
• Why income thresholds haven’t changed since 1984
• 
  
• 
  
• 
  
• How to plan around working income and Social Security to minimize surprise tax bills
• 
  
• 
  

2️⃣ Retirement Accounts & Withdrawals

• 
  
• 
  
• The difference between Traditional IRAs (tax-deferred) and Roth IRAs (tax-free growth)
• 
  
• 
  
• 
  
• Understanding Required Minimum Distributions (RMDs)
• 
  
• 
  
• 
  
• When Roth conversions make sense and how to manage tax brackets efficiently
• 
  
• 
  

3️⃣ Marginal vs. Effective Tax Rates

• 
  
• 
  
• What your next dollar really gets taxed at
• 
  
• 
  
• 
  
• How to use bracket management to stay tax-efficient
• 
  
• 
  
• 
  
• Real examples showing why “being in the 32% bracket” doesn’t mean you’re paying 32% overall
• 
  
• 
  

4️⃣ Tax-Loss and Tax-Gain Harvesting

• 
  
• 
  
• Using market volatility to your advantage
• 
  
• 
  
• 
  
• How to offset gains and manage investment income efficiently
• 
  
• 
  
• 
  
• Strategies for gifting appreciated stock or donating directly to charities to avoid unnecessary taxes
• 
  
• 
  

5️⃣ Legacy & Estate Planning

• 
  
• 
  
• Why charitable giving can reduce both estate taxes and current tax burdens
• 
  
• 
  
• 
  
• Qualified Charitable Distributions (QCDs) explained
• 
  
• 
  
• 
  
• How retirees can use RMDs or life insurance to leave a legacy without overpaying Uncle Sam
• 
  
• 
  

6️⃣ Business Owner Tax Tips

• 
  
• 
  
• Turning legitimate expenses into deductions
• 
  
• 
  
• 
  
• Building employee benefits and retirement plans to attract and retain top talent
• 
  
• 
  
• 
  
• Using goodwill and benefits as part of your company’s long-term value
• 
  
• 
  

David closes the episode by reminding listeners to collaborate — just as he and Justin do. Partnerships can accelerate your personal and financial growth, whether in business or your financial life.

📩 Contact Justin: [email protected]

📩 Contact David: [email protected]

🌐 Learn more or book your free 10-Minute Vision Call: weeklywealthpodcast.com/vision

• 
  
• 
  
• Instagram: @WeeklyWealthPodcast
• 
  
• 
  
• 
  
• YouTube: Weekly Wealth Podcast Channel
• 
  
• 
  
• 
  
• Facebook: Weekly Wealth Podcast Community
• 
  
• 
  

This episode is for educational purposes only and should not be construed as specific tax or investment advice. Always consult with your own financial advisor or CPA before implementing any strategies discussed

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, reinvention, and forward-thinking strategy are universal.

• 
  
• 
  
• Surviving 21 Years in Tech:
• 
  
• How Mark adapted to industry shifts—from radio jingles and newspaper ads to building realtor websites and CRMs—and the mindset required for long-term success.
• 
  
• 
  
• 
  
• Employee to Entrepreneur:
• 
  
• Why making the leap from a steady paycheck to self-employment requires a completely different mindset and skillset—and how to prepare for the challenges ahead.
• 
  
• 
  
• 
  
• AI in Business:
• 
  
• Mark’s perspective on how AI is already shaping industries, where it may be overhyped, and how to use it as a tool to add value rather than frustrate customers.
• 
  
• 
  
• 
  
• Entrepreneurial Mindsets:
• 
  
• Why processes, systems, and delegation are non-negotiable for growth—and how to avoid being the “hub” in a hub-and-spoke business.
• 
  
• 
  
• 
  
• Financial Reality of Entrepreneurship:
• 
  
• Why that big commission check or large invoice isn’t all take-home profit, and how to avoid tax and cash flow pitfalls as a new business owner.
• 
  
• 
  

Mark Weithorn is the founder of DPI Showcase Websites, serving realtors across the U.S. and Canada for over two decades. His company provides websites, CRMs, and AI-powered lead generation tools designed to help real estate professionals thrive in competitive markets.

📍 Learn more: dpishowcase.com

Are you a business owner struggling with processes and consistency?

Check out VidGuide —a powerful tool for building your library of SOPs and training materials so your team can deliver a consistent client experience.

👉 Visit weeklywealthpodcast.com/vidguide

• 
  
• 
  
• 🌐 Website: weeklywealthpodcast.com
• 
  
• 
  
• 
  
• 📸 Instagram: @weeklywealthpodcast
• 
  
• 
  
• 
  
• 🎥 YouTube: The Weekly Wealth Podcast
• 
  
• 
  
• 
  
• 👍 Facebook: Weekly Wealth Podcast Community
• 
  
• 
  
• 
  
• 💼 LinkedIn: David Chudyk, CFP®
• 
  
• 
  

The information shared in this episode is for educational purposes only and should not be considered investment, legal, or tax advice. Always consult with your own advisors regarding your specific situation.

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 company.

You’ll also hear about two tools designed for business owners who want clarity on their next steps:

• 
  
• 
  
• The Personal Readiness to Exit Questionnaire: weeklywealthpodcast.com/precore
• 
  
• 
  
• 
  
• The Value Builder Score: weeklywealthpodcast.com/valuebuilderscore
• 
  
• 
  

• 
  
• 
  
• ✅ Why your business is an asset—and how to increase its value.
• 
  
• 
  
• 
  
• ✅ The 8 Drivers of Company Value (financial performance, growth potential, Switzerland structure, valuation teeter-totter, recurring revenue, monopoly control, customer satisfaction, and the hub & spoke).
• 
  
• 
  
• 
  
• ✅ Questions every owner should ask: Would you buy your own business? Would you pay a premium or demand a discount?
• 
  
• 
  
• 
  
• ✅ Practical ways to reduce owner dependence so your business thrives without you.
• 
  
• 
  
• 
  
• ✅ How small shifts—like adding recurring revenue or improving customer experience—can transform your company’s worth.
• 
  
• 
  

🎯 Business Owners: Wondering if you’re ready to exit? Take the Personal Readiness to Exit Questionnaire now at weeklywealthpodcast.com/precore.

• 
  
• 
  
• 📊 Take your Value Builder Score: weeklywealthpodcast.com/valuebuilderscore
• 
  
• 
  
• 
  
• 💻 Schedule a 10-Minute Wealth Vision Call: weeklywealthpodcast.com/vision
• 
  
• 
  
• 
  
• 📱 Follow us on Instagram, YouTube, and Facebook (search Weekly Wealth Podcast).
• 
  
• 
  

I’m David Chudyk, Certified Financial Planner™ and Certified Value Builder Advisor. Through my wealth management practice and The Weekly Wealth Podcast, I help the mass affluent and business owners live better lives through smarter financial decisions.

As both a financial planner and business advisor, I help owners treat their companies as the powerful wealth-building tools they truly are.

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:

1. Over-contributing to 401(k) plans without thinking about liquidity.
2. Misunderstanding risk — either by avoiding it completely or chasing unrealistic returns.
3. Blurring the line between business and personal finances.

You’ll walk away with a clearer understanding of how to align your money decisions with your real goals, avoid costly pitfalls, and grow wealth with confidence.

• 
  
• 
  
• Why maxing out your 401k might backfire if you lack accessible funds for opportunities or emergencies.
• 
  
• 
  
• 
  
• The hidden risk of “no risk” — inflation quietly erodes cash sitting in savings or CDs.
• 
  
• 
  
• 
  
• The return trap — chasing sky-high growth can be just as harmful as being too conservative.
• 
  
• 
  
• 
  
• Business owner warning: Stop treating your company like an ATM. Put yourself on a salary and plan for taxes, expenses, and growth.
• 
  
• 
  
• 
  
• Accountability matters — isolation leads to poor decisions, but advisors, peers, or mentors can provide the guardrails you need.
• 
  
• 
  

• 
  
• 
  
• 00:00 – Welcome & announcements (YouTube, Instagram, Facebook links)
• 
  
• 
  
• 
  
• 03:12 – The first big mistake: over-contributing to 401ks
• 
  
• 
  
• 
  
• 12:10 – Liquidity, taxes, and why other buckets of money matter
• 
  
• 
  
• 
  
• 18:44 – Risk vs. rate of return: why both extremes can be dangerous
• 
  
• 
  
• 
  
• 28:55 – How risk tolerance shifts as you age
• 
  
• 
  
• 
  
• 37:22 – Business owners and the danger of mixing business/personal money
• 
  
• 
  
• 
  
• 47:10 – Free tools and resources you can use right now
• 
  
• 
  
• 
  
• 51:05 – Bonus thought: why financial isolation leads to bad decisions
• 
  
• 
  

• 
  
• 
  
• 10-Minute Vision Call → weeklywealthpodcast.com/vision
• 
  
• 
  
• 
  
• Debt Snowball Calculator → weeklywealthpodcast.com/debt
• 
  
• 
  
• 
  
• Business Value Builder Score → weeklywealthpodcast.com/valuebuilderscore
• 
  
• 
  
• 
  
• PreScore (Readiness to Exit) → weeklywealthpodcast.com/precore
• 
  
• 
  
• 
  
• Freedom Score → weeklywealthpodcast.com/freedomsCore
• 
  
• 
  

From David’s Friday morning men’s Bible study: Isolation leads to bad decisions. When it comes to money, don’t go it alone. Surround yourself with wise counsel — advisors, mentors, or accountability partners — to avoid costly financial missteps.

• 
  
• 
  
• YouTube: Weekly Wealth Podcast Channel
• 
  
• 
  
• 
  
• Instagram: @WeeklyWealthPodcast
• 
  
• 
  
• 
  
• Facebook: Search Weekly Wealth Podcast
• 
  
• 
  

👉 Don’t forget to share this episode with a business owner, high earner, or friend who might be unknowingly making these money mistakes.

⚠️ Disclaimer: The information contained herein, including but not limited to research, market valuations, calculations, estimates, and other materials obtained from Parallel Financial and other sources, are believed to be reliable. However, Parallel Financial does not warrant its accuracy or completeness. These materials are provided for informational purposes only and should not be construed as an offer to buy or sell any security. Past performance is not indicative of future results.