412: Net Worth Of $1.0M - From Navy Vet to Tax Pro: Divorces, 230k in Debt, and a Millionaire Do-Over

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8 • 872 Ratings

🗓️ 2 June 2025

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, Hubert shares his journey from military service to becoming a successful tax attorney and law firm owner. He has a net worth of ~$1.0 million with his pension. 500k is in his house and his law firm and the rest is in his pension & disability. He discusses the challenges of student debt, the complexities of divorce and its financial implications, and the importance of teaching financial literacy to the next generation. Hubert emphasizes the value of mentorship and work-life balance, as well as his aspirations for the future, including retirement and generational wealth for his children.

Takeaways

*He served in the Navy and later became a tax law professor.
*Divorce can have significant financial implications, especially regarding tax liabilities.
*Starting his own law firm in 2018 was a pivotal moment in his career.
*He emphasizes the importance of financial literacy for children.
*Hubert's military benefits provide him with financial security.
*He believes in maintaining a work-life balance for himself and his employees.
*Mentorship is crucial for success in any career.
*Teaching kids the value of money is essential for their future success.
*Hubert aims to retire comfortably while being involved in his family's life.

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Transcript

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0:00.0	and one was working at a golf course, another one was working at a restaurant, but he was just a busboy, but he helped the servers, and he had that good work ethic that he was getting mad tips from all the servers because he was helping them with their jobs and they really appreciated it.
0:14.9	And it's just that work ethic and knowing where you can put your effort and actually get a bigger reward.
0:21.5	I think that's a start of an entrepreneurial spirit too.
0:25.2	Welcome millionaires and future millionaires.
0:28.1	You're listening to the Millionaire's Unveiled podcast.
0:30.9	The show where you'll hear the stories and interviews of everyday millionaires will
0:34.9	unveil their decisions, their strategies, and their portfolio
0:38.4	allocations.
0:40.2	Now to your host, Jason.
0:45.1	Welcome back to another episode of the Manors on Veld podcast.
0:47.7	This is episode number 412.
0:49.7	This is the podcast where we dive deep into the inspiring stories of self-made millionaires from all walks of life.
0:55.4	We are your host, Jason Stacey, and each week we uncover the strategies, setbacks, and turning
1:00.1	points that led these individuals to financial freedom. Whether you're just starting out or
1:03.8	looking to level up your wealth-building journey, join us as we share the secrets and wisdom from
1:08.1	those who have built their fortunes from the ground up. Get ready to learn, be inspired, and take actionable steps towards your own success.
1:14.1	Listening to the Millionaires Enveiled podcast with my dad, Jace Maddenson, and my mom, Stacey Maddenson.
1:29.8	Awesome. If you'd like to be on the show, send us an email Millionaires andville at gmail.com. We're always looking for new great entertaining guests who
1:35.8	are willing to share their stories. If you haven't heard your story, shoot as an email. I'd love to
1:40.2	interview you. And even if you have or something similar, or maybe you haven't heard your
1:45.5	profession on in a while.
1:47.1	Today we've got one we haven't heard in a while, which will be a great conversation.
	...

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