Scott Royal Smith is an educator, investor, and attorney who helps business owners to protect their assets.We discuss:Ways to protect your company from lawsuits.Being the CEO of your own WEALTH company.Protecting yourself from creditors.Visit Royal Legal Solutions to learn more about Scott and his company.David Chudyk can always be reached for question via email [email protected] CLICK HERE to download The 8 Drivers of Business Value. CLICK HERE to take the VALUE BUILDER ASSESSMENT.Schedule time to speak with David by visiting www.calendly.com/davidpf

Licensed Family Therapist, Thomas Castro talks about:Eliminating the need for our partners to act differently in order for us to be happy.In order for us to HAVE different relationships we need to DO different things.How improve the influence in our relationships by framing things differently.increasing the touch factor.Learn more about Thomas Castro by visiting theshinecampus.comDavid Chudyk, Certified Financial Planner(tm) can be reached by emailing [email protected] For the business owners...Take the Valuebuilder assessment at www.weeklywealthpodcast.com/valuebuilderscoreDownload "The 8 Drivers of Business Value" EBOOKwww.weeklywealthpodcast.com/drivers

If you are at the point in your career where considering the exit of your business, these are some factors that should be considered:Ask yourself if you are ready to sell the business.Know what your business is worth.Prepare financial records and reports.Understand market conditions.Explore legal and tax implications.Consider what will happen to your team if you sell.Get your VALUEBUILDER SCORE:www.weeklywealthpodcast.com/valuebuilderscoreTake the PRE (personal readiness to exit) questionnaire:www.weeklywealthpodcast.com/prescoreemail [email protected] with any questionsTo learn more about COLLINS CHILDREN'S HOME, please visit www.collinschildrenshome.org and check out their AMAZON WISH LIST!

The Silent Generation (Born 1928-1945)Concerns and Challenges:Healthcare Costs: Rising medical expenses and long-term care costs.Income Security: Limited earning potential due to retirement.Inflation: Impact on fixed incomes, especially with pensions and savings.Estate Planning: Managing wills, trusts, and legacy concerns.Advantages:Homeownership: Many own their homes outright.Savings: Tend to have savings and investments from a lifetime of work.Social Security Benefits: More robust and reliable for this generation.Traditional Values: Strong saving habits and aversion to debt.Baby Boomers (Born 1946-1964)Concerns and Challenges:Retirement Readiness: Many are underprepared for retirement.Healthcare and Longevity: Managing healthcare costs with increased life expectancy.Supporting Adult Children: Financial strain from helping adult children.Market Volatility: Impact on retirement savings and investments.Advantages:Home Equity: Significant equity in real estate.Retirement Accounts: Benefited from employer-sponsored retirement plans.Wealth Accumulation: Generally, this generation has accumulated wealth.Work Experience: Valuable professional experience and networks.Generation X (Born 1965-1980)Concerns and Challenges:Sandwich Generation Stress: Balancing support for aging parents and own children.Retirement Savings Shortfall: Less time to save for retirement compared to Boomers.Job Market Instability: Affected by economic downturns and restructuring.Housing Market Fluctuations: Impacted by highs and lows in real estate.Advantages:Peak Earning Years: Generally in a high-earning phase of their careers.Technological Adaptability: Comfortable with digital and traditional platforms.Diverse Investment Opportunities: Access to a variety of investment tools.Homeownership: Majority are homeowners, building equity.Millennials (Born 1981-1996)Concerns and Challenges:Student Loan Debt: Burdened with high levels of educational debt.Housing Affordability: Challenges in affording and buying homes.Job Market and Career Growth: Navigating a changing job landscape.Retirement Planning Uncertainty: Concerns about the future of social security and pensions.Advantages:Tech-Savvy: Proficient with technology and digital finance tools.Higher Education: Tend to be the most educated generation.Adaptable: Flexible and adaptable to changing job markets.Social and Environmental Consciousness: Value-driven investing.Generation Z (Born 1997-2012)Concerns and Challenges:Economic Uncertainty: Entering workforce in a volatile economy.Education Costs: Concerns about affording higher education without accruing massive debt.Job Market Readiness: Preparing for jobs in a highly digital and competitive market.Global Issues: Concerned about how global challenges (like climate change) will impact their future.Advantages:Digital Natives: Extremely comfortable with digital and emerging technologies.Early Financial Awareness: More aware of financial planning and investing at a younger age.Entrepreneurial Spirit: More likely to start businesses or engage in side hustles.Socially Responsible Investing: Keen interest in sustainable and ethical investments.#millenial #genz #genx #boomerEmail [email protected] with any questions.Visit <a...

Former financial advisor, April Roberts talks about how FIXED mindsets can either help or hurt us in our journeys to success.Make sure to learn more about April via:www.vixengathering.com/link-tree Listen to THE VIXEN VOICE PODCAST www.vixengathering.com/podcast David Chudyk can be reached via email:[email protected] Don't forget to visit www.weeklywealthpodcast.com CLICK HERE to download your FREE copy of The EIGHT KEY DRIVERS OF COMPANY VALUE

Charitable consultant for The American Heart Association, John Cullum, CFP(r) discusses:Why some people are charitable and others are not.Why it feels good to give.Different giving styles for different generations.What are some tax efficient ways to give money.For all of your money questions, email [email protected] Don't forget to CLICK HERE TO WATCH THE YOUTUBE VERSION OF THIS WEBINAR

Welcome to the first Weekly Wealth Webinar, where we dive into the world of wellness with our Wednesday Wellness Webinar. In this unique session, host David Chudyk is joined by Steve Pumphrey, a certified personal trainer, to explore fitness and diet issues and provide helpful tips for post-holiday weight gain. Steve offers his expertise in personalized nutrition coaching and emphasizes the importance of a balanced approach to nutrition and physical activity for overall health and wellness. From understanding portion control to debunking weight loss myths, this episode offers invaluable insights into building a healthy lifestyle in tandem with building financial wealth. What does fitness have to do with finances? Click play to find out.Today We DiscussParallels Between Personal Finance and Personal WellnessSeeking professional guidance for both healthy financial habits and a balanced dietThe Confusion Around Diet Advice and the Importance of PersonalizationThe two exercises you can do anywhere any time and they always workChallenges related to portion control and the influence of childhood habitsMentioned In This Episodehttps://www.stevepumphrey.com/Weekly Wealth Website Work With DaveSchedule a Chat Follow the Show And Never Miss an EpisodeFollow the Show Mentioned in this episode:Finances Keeping You Awake?I can help you tackle those burning finance issues that keep you awake at night. Schedule a session today, and let's see what we can do together.Weekly Wealth Website

In this episode, we discuss some of the financial concerns that some of the people that I have worked with and spoken with this year. They include:Am I saving enough money?Am I saving too much money?What can I do about my tax situation?How do I offer the right employee benefits to my team?Are my real estate holdings generating the returns that they should be generating?What are some good charities that I can support and how can I support them in the most efficient manners?I just don't feel that I am financially savvy, what can I do about this?My spouse handled a lot of this, now he/she has passed away, how do I now handle my finances?What will happen if I die?Can I sell my business? What is my business worth? How can I make it worth more?Please go to www.weeklywealthpodcast.com and click on the microphone icon and leave a short voice message about what is stressing you with regards to YOUR finances.Email [email protected] Get your ValueBuilder Score www.allofmyassets.com/value-builder-score

These are the major lessons that I learned or confirmed in 2023. What about you? What did you learn?1.&nbsp;&nbsp;&nbsp;&nbsp;Life is not always hard. 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Today’s results are from the seeds that we planted yesterday, last week, or even years ago.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Choose your hard.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Surround yourself with people who can lift you up.&nbsp; 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If you are an entrepreneur or employer, make sure to take care of your team.&nbsp; Withoutthe support of your team, almost nothing would ever happen. 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Life is short.. make the best of it.7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Journalling can be lifechanging.8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;An incredible amount of our successes (or failures for that matter) occur because of what we think and tell ourselves.9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We all have the same amount of time.10.&nbsp;&nbsp;Spend time each day thinking about your future.self.&nbsp; Think about the person that you want to be and ask yourself what that person does (or doesn’t do).11.&nbsp;&nbsp;Being great has a financial cost (coaching, etc).12.&nbsp;You can never know everything, but you can surround yourself with people who know what you don’t know, who are good at what you are not good at, and enjoy doing the things that you hate.13.&nbsp;&nbsp;Complaining is the refusal to pay the success tax.&nbsp; 14.&nbsp;&nbsp;Never take health for granted.15.&nbsp;&nbsp;If you are a business owner, work constantly to be a better business owner.&nbsp; Being goodat your trade is NOT the same as being good at running your business.16.&nbsp;&nbsp;Financial margin is a great thing, work towards having it.17.&nbsp;&nbsp;Money doesn’t solve all problems, but most problems are a bit smaller, if there is additional money involved.18.&nbsp;&nbsp;Speaking of problems… if we think about all of the problems that we have ever had and are REALLY honest with ourselves, many of the problems existed because we either caused (or partially caused) or didn’t prevent them.19.&nbsp;&nbsp;You don’t die if you are just a little bit hungry.20.&nbsp;&nbsp;Making HUGE strides in life/business can be easier than smaller growth because you have to change everything that you are did to get to where you are.21.&nbsp;&nbsp;If you have kids, cherish every moment that you have with them because they grow up 22.&nbsp;&nbsp;If you are married, make sure to cherish your spouse23.&nbsp;&nbsp;God is great.Don't forget to email [email protected] with your questions.

Kellie Good of Blackstone Accounting explains:The S-Corp ElectionDetails of the home office deductionThe Augusta RuleSome benefits of hiring your childrenKellie also discusses:Some changes to IRS guidelines and rules for 2024.To reach Kellie Good, visit her website at www.blackstoneaccounting.com or email her at [email protected] To set a time to speak with David, visit Schedule a Chat (weeklywealthpodcast.com)Get your VALUE BUILDER SCORE:www.allofmyassets.com/value-builder-scoreGet your FREEDOM SCORE:www.allofmyassets.com/freedomscore