Mastering Money Mindset Behavior with Chad Hufford

Healthy Love and Money

“We try to fix the financial vehicle without fixing the driver. So that's why, to me, mindset, behavior is so important. Until we change as individuals, giving ourselves a faster portfolio is not going to work, so we as investors have to become better investors, and then worry about finding better investments.”

Our host Ed Coambs welcomes Chad Hufford of Veritas Alaska to the Healthy Love and Money Podcast. Ed and Chad shed light on why you must become a savvy investor before chasing the next big opportunity. They underscore that financial success stems from disciplined habits and effective coaching.

Reflecting on Chad's homeschooling experience in the eighties, they illustrate the critical balance between education and execution. By drawing parallels between physical fitness and financial health, the discussion highlights the virtues of discipline, patience, and continuous effort. You'll discover why having a robust financial blueprint is essential for connecting your current actions with future goals, steering clear of the pitfalls of hasty decisions and overambitious plans.

Tackling the often-overlooked issue of financial stress and shame, Chad's insights normalize open money conversations. Ed and Chad discuss the significance of attaching meaning and purpose to financial goals, introducing Chad’s book, "Forging Financial Freedom," which champions mindset shifts in wealth building. This episode will guide you to foster healthier financial attitudes and build a life of meaningful wealth.

Key Topics:

• Welcome, Chad Hufford! (01:35)
• Lifelong Learning and the Connection between Physical Fitness and Financial Discipline (02:19)
• Balancing Education and Execution in Financial Planning (07:21)
• Personal Finance and Future Planning (12:57)
• How Shame and Fear Impact Financial Decisions (17:46)
• Normalizing Conversations about Money and Personal Finance (19:52)
• Regaining Control of Finances for a Better Life (25:25)
• The Importance of Mindset in Wealth-Building and Financial Independence (29:49)
• Wealth, Relationships, and Mindset with a Financial Advisor (34:57)

Resources:

• VeritasAlaska.com
• @veritas.alaska on IG
• Forging Financial Freedom (book)

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