Chad Hufford, founder of Veritas Wealth Management, shares insights on financial planning, investment mindset, and creating high-performance habits. He emphasizes the importance of teaching financial literacy to children from a young age and starting financial planning early in life. Chad discusses the need to have clear objectives and goals for financial planning, including determining the amount of income needed to live comfortably without a paycheck. He also highlights the costly mistakes that investors often make, such as ignoring their finances until a triggering event occurs and misinterpreting the importance of income in achieving financial independence. Chad encourages listeners to shift their mindset from focusing on accumulating currency to preserving purchasing power over a lifetime. He shares stories of blue-collar millionaires who achieved financial independence through discipline, focus, and strategic financial habits. Chad's key takeaway is for individuals to take ownership and agency over their financial future and not wait for an emergency to start planning.

Takeaways

• Teach financial literacy to children from a young age and start financial planning early in life.
• Have clear objectives and goals for financial planning, including determining the amount of income needed to live comfortably without a paycheck.
• Avoid costly mistakes such as ignoring finances until a triggering event occurs and misinterpreting the importance of income in achieving financial independence.
• Shift mindset from accumulating currency to preserving purchasing power over a lifetime.
• Learn from the stories of blue-collar millionaires who achieved financial independence through discipline, focus, and strategic financial habits.
• Take ownership and agency over your financial future and start planning early.

Show Links

• Visit Veritas Wealth Management to learn more about Chad Hufford’s financial planning services.
• Follow Veritas Wealth Management on Instagram: @Veritas.Alaska
• Visit Buried in Work for more episodes and resources.
• Use code BIWPodcast for 10% off products at Buried in Work.

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