Schedule your VISION CALL with David Chudyk by visiting www.weeklywealthpodcast.com/visionEPISODE 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 the national level… but the truth is, your state government affects your daily life in huge ways — from taxes, business growth, and technical college funding, to road infrastructure, public safety, and poverty initiatives.
In this episode, Senator Alexander gives us a behind-the-scenes look at how South Carolina operates, why the state remains competitive for major employers, what lawmakers are working on in 2026, and how everyday citizens can stay informed and get involved.
If you live in South Carolina (or honestly any state), this episode will help you understand what’s going on under the hood — and why it matters.
KEY TAKEAWAYS
✅ Why state government matters more than most people realize
✅ The Senate is 46 members total and districts represent ~115,000 citizens each
✅ The SC Senate makeup: 34 Republicans / 12 Democrats
✅ Why state politics can be less divided than the national level
✅ How South Carolina attracts major employers without “just paying companies” to come
✅ The difference between state-level support vs local government incentives
✅ Why a strong business climate benefits everyone:
“If companies are successful, citizens are successful.”
✅ How SC supports Main Street / small business owners (regulatory reform + pro-business policy)
✅ SC’s personal income tax has dropped from 7% → 6% in recent years
✅ The technical college system is a workforce engine (and a student loan solution)
✅ Apprenticeships + customized training programs that match employer needs
✅ The “poverty” conversation: local + faith-based + nonprofit partnerships matter most
✅ How state budgeting works + why SC’s balanced budget requirement is a big deal
✅ Infrastructure reality: SC maintains 40,000+ miles of state highways
✅ 2026 topics the legislature is actively working on:
- DUI law reform
- Regulatory reform
- Additional tax policy changes
- Vaping concerns in schools
- Unregulated THC beverages and safety concerns
✅ A strong reminder: you don’t have to vote party-line on every issue
✅ Wealth isn’t only money — it’s security, preparation, wise decisions, and quality of life
QUOTES WORTH REMEMBERING“If companies are successful, then our citizens are successful.”“The institution of the Senate is greater than any one of us.”“We have a balanced budget requirement… how novel is that?”“We want South Carolina to remain a special place to live, work, and raise a family.”“Wealth is financial security — being responsible, living within your means, and preparing for the future.”ACTION STEP FOR LISTENERS
If you’ve never paid attention to your state government, let this be the week you start.
✅ Learn who represents you
✅ Follow the issues that impact your community
✅ Get involved locally — even small participation creates real change
And remember: informed citizens build stronger communities.
HOW TO CONTACT SENATOR THOMAS ALEXANDER
📧 Email: [email protected]
📞 Phone: (803) 212-6220
WANT TO TALK ABOUT YOUR OWN FINANCIAL PLAN?
If listening to this episode sparked questions about your own wealth strategy — taxes, retirement, investing, or business-owner planning — I’d love to help.
🎯 Book a Vision Call with me (David Chudyk, CFP®)
This is a short, no-pressure conversation to help you:
- get clarity on your current financial situation
- identify blind spots
- talk through next steps
- see if working together makes sense
(Links and contact details below 👇)
www.weeklywealthpodcast.com/vision
ABOUT THE WEEKLY WEALTH PODCAST
The Weekly Wealth Podcast is where we talk about the mindsets, tactics, and strategies that help you build wealth — and keep it.
I’m David Chudyk, CFP®, and I work with:
✅ business owners
✅ high earners
✅ mass affluent families
✅ retirees and pre-retirees
We’re big on one thing here:
Better decisions. Better behaviors. Better wealth.
BONUS CONTENT RECAP
Politics is loud. Polarizing. Emotional.
So here’s the challenge:
✅ form your own opinions
✅ stay informed
✅ don’t blindly vote party line
✅ and if you’re a person of faith — remember “love thy neighbor” still applies even when they vote differently.
DISCLAIMER (keep this at the end)
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 used for or construed as an offer to sell or a solicitation of an offer to buy any security.
Past performance is not indicative of any future results.
