EP #170: Stewardship with Chad Hufford
Living a life of abundance is not about having more stuff. In fact, it’s often about doing more with less. Opportunities to accumulate are abundant in today’s world.
Today’s guest will challenge you to think more about how you manage your resources. Chad Hufford has a unique perspective on life. It’s precious on its own. He nearly lost his due to carbon monoxide poisoning and his view of the world has never been the same.
Chad is a wealth manager by title but his work includes so much more. You’ll want to focus on the lessons about meaningful pursuit and intentionality in life and how they can lead to an incredible impact on yourself and the world.
What You'll Learn In Today's Episode:
How Chad got into wealth management
How to steward your resources well
About Chad’s dad’s journey into finance
Chad’s thoughts on abundance
About Chad’s failures
How Chad knows he’s taught his kids well
About the importance of service to others
About the importance of sports in Chad’s life
How competition is an outlet for Chad
About the importance of service to others
A funny story about Chad coaching his son’s football team
About the time Chad tore his quad
About Chad’s near-death experience
How Chad squandered many opportunities
About Chad’s belief in God’s role in his life
How Chad connects the “dots” of life
What abundance means to Chad
About the importance of pursuit and intentionality
How Veritas Wealth helps people change their behaviors
What Bob’s dad told him about the new baseball bat he wanted
About Chad’s book and how we wrote it
Where Chad believes his business and the financial industry are going
Ideas Worth Sharing:
“We were already learning these stewardship principles.” - Chad Hufford
“More is caught than taught.” - Chad Hufford
“My Dad was not raised the way we were.” - Chad Hufford
“You can give me the best paintbrush in the world. I’m still a terrible artist.” - Chad Hufford
“Abundance and scarcity are both a mindset.” - Chad Hufford
“Struggle creates meaning.” - Chad Hufford
“I fail a lot as a father. I fail a lot as a husband.” - Chad Hufford
“Service to others is what creates value.” - Chad Hufford
“I screw up all the time.” - Chad Hufford
“It can’t just be academic.” - Chad Hufford
“I used to train airborne soldiers before they went on to deployment.” - Chad Hufford
“I think of myself as a coach more than an educator.” - Chad Hufford
“Giving them access to tools doesn’t help unless the behavior changes.” - Chad Hufford
“I still need competitive outlets…I miss competing in sports.” - Chad Hufford
“The kids are out running routes.” - Chad Hufford
“It was important for me to flirt with failure.” - Chad Hufford
“Somewhere along the lines I developed a very detrimental fear of failure.” - Chad Hufford
“The carbon monoxide levels I was exposed to were about 500 parts per million.” - Chad Hufford
“Every single one of those times should have been my last time falling asleep.” - Chad Hufford
“I was in a good spot to probably win Junior Mister Alaska.” - Chad Hufford
“I was going from the best shape of my life to barely being able to get up the stairs.” - Chad Hufford
“I don’t say borrowed time. I call it bonus time.” - Chad Hufford
“Carbon monoxide poisoning was something that changed my life forever.” - Chad Hufford
“I truly believe, Bob, that it was a God thing.” - Chad Hufford
“That’s what I needed in my life - a wake-up call.” - Chad Hufford
“A lot of times in life, our lives seem like a bunch of random dots.” - Chad Hufford
“Wealth is so much more than material things.” - Chad Hufford
“It’s meaningful pursuit and living with intentionality.” - Chad Hufford
“I’m probably a behavioral investment counselor more than anything else.” - Chad Hufford
“Wealth can imprison people. It can also free people.” - Chad Hufford
“I believe someone can be worth a million dollars but also live in scarcity. I believe somebody can have a tremendous amount wealth but have their wealth control them rather than them controlling their money.” - Chad Hufford
“I think too many people wake up every day living life on accident.” - Chad Huffed
“I want to change how people look at financial independence.” - Chad Hufford
“I believe those can be the most impactful years of your life.” - Chad Hufford speaking about the concept of retirement
“When you challenge yourself and a group of people to do something together, it’s amazing how healthy that is for relationships.” - Bob DePasquale
“There’s something to be said for the desire to provide knowledge for someone.” - Bob DePasquale
Resources In Today's Episode:
Chad Hufford - LinkedIn
Chad’s Book - Fording Financial Freedom
Bob’s Book - Personal Finance in a Public World
This week’s E-Impact Blog Entry
Episodes Referenced:
