Financial Pathway
Episodes
100. The Parable of the Mexican Fisherman
06 Jun 2023
Contributed by Lukas
We made it to episode 100!!! Thank you everyone who has listened and supported the podcast along the way. Today I'm going to share: - a quick re...
99. The US Debt Crisis Explained
23 May 2023
Contributed by Lukas
The US faces a looming debt crisis that threatens to shut down the government and even possibly send us into default. Here's what you need to kno...
98. The Most Important Financial Question You'll Ever Answer
09 May 2023
Contributed by Lukas
Whenever I get to have an initial conversation about money, I always like to ask the same question. In fact, I think it's the most important fin...
97. New Unfair Mortgage Rules? | How Long It Takes To Double Your Money | Ideas for (Affordable) Family Vacation
28 Apr 2023
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - New mortgage fees for high credit borrowers and lower fees for low credit bo...
96. It's Gotta be a CFP®
25 Apr 2023
Contributed by Lukas
It seems I'm hearing about the CFP® designation more than ever these days - from commercials to conversations to even Jeopardy! But what does be...
95. Christian Citizenship with Joshua Hershberger
11 Apr 2023
Contributed by Lukas
Joshua Hershberger is an attorney, minister, and speaker. He founded the Good Citizen Project to equip Christian leaders to be Gospel-centered citizen...
94. AMA - Gold, Dave Ramsey, Side Hustles, Tithing, and More
28 Mar 2023
Contributed by Lukas
We're way overdue for another "ask me anything" episode. Thanks everyone who sent in questions! How do I choose the best side hustle? (...
93. The Collapse of Silicon Valley Bank
14 Mar 2023
Contributed by Lukas
Silicon Valley Bank is the 2nd largest bank collapse in US history. Its failure has sent shock waves through the American banking system. Is this a si...
92. Republicans Propose 30% Sales Tax | Credit Card Dependency All-Time High | Top Investing Searches of 2022
28 Feb 2023
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - Republicans propose a 30% national sales tax that would replace the current ...
91. Biblical Paradox: Money is a Blessing, but It's a Bigger Blessing to Give It Away
14 Feb 2023
Contributed by Lukas
Paradox: a seemingly absurd or self-contradictory statement or proposition that when investigated or explained may prove to be well founded or true. T...
90. Which Professionals are Most Trustworthy? | Top 10 Breakthrough Technologies | Why the Super Rich are Inevitable
03 Feb 2023
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - A new survey shows which professions are considered the most honest and ethi...
89. Understanding the New Retirement Rules (SECURE 2.0)
17 Jan 2023
Contributed by Lukas
A brand new bill was just signed into law at the end of 2022. This new piece of bipartisan legislation known as SECURE 2.0 builds on previous changes ...
88. The Experts Make Their 2023 Market Predictions
03 Jan 2023
Contributed by Lukas
We're coming off one of the worst years ever in the investment markets. 2022 was the 7th worst year for the S&P 500 and the worst year ever for 10...
87. The Economics of Chick Fil A | Popular Christmas Toys | How Rich Am I?
30 Dec 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - A closer look at the unique business model of Chick Fil A - Exploring 100 ye...
86. Why Every Pastor Should Consider a 403b Plan (Re-release)
20 Dec 2022
Contributed by Lukas
The biggest tax benefit available to pastors is the ability to claim part of their pay as housing allowance. But did you know that pastors may also be...
85. End of the Year Opportunities
06 Dec 2022
Contributed by Lukas
Here are 10 practical ways you can set yourself up for financial success in 2023. Remember that the end of the year often brings financial opportuniti...
84. Is FTX the New Enron? | Frontier Offers "All-You-Can-Fly" Pass | Bezos Pledges to Give Away His Fortune
30 Nov 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - FTX crypto exchange collapses amid allegations of fraud and mishandling of c...
83. The Entrepreneurial Pastor with Ryan Flanders
22 Nov 2022
Contributed by Lukas
Co-vocational ministry is on the rise. A growing number of pastors, either by choice or out of necessity, earn part of their income in secular employm...
82. Election Special: How Much Do Midterm Elections Affect the Stock Market?
08 Nov 2022
Contributed by Lukas
History tells us that the most consequential issues for voters usually are the ones that affect their wallet (jobs, economy, inflation, etc). The 2022...
81. Five Observations on Pastor's Salaries | FAANG Stocks Struggling | Fixes for Social Security
01 Nov 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - Five things every church should be aware of when it comes to their pastor's s...
80. The Evolution of Financial Advice
25 Oct 2022
Contributed by Lukas
We are in a new era of financial advice. And I for one am very excited about it! The tools and technology available to us today allows advisors to giv...
79. The Church's Response to Hunger, Addiction, Homelessness, and More with Drayton Smith
11 Oct 2022
Contributed by Lukas
Drayton Smith is the Director of Ministry Village in Pensacola, FL. Ministry Village is an extension of Olive Baptist Church and ministers to Escambia...
78. Mortgage Rates Near 7% | States With the Biggest (and Smallest) Homes | Millions of New Millionaires
30 Sep 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - Housing market cools as mortgage rates continue to climb - A breakdown of wh...
77. Twelve Characteristics of a Healthy Church with Brian Nall
27 Sep 2022
Contributed by Lukas
Dr Brian Nall is the executive director of the Pensacola Bay Baptist Association, a local association of about 60 churches in Escambia County Fl...
76. Atomic (Financial) Habits
13 Sep 2022
Contributed by Lukas
For most of us, we already know where we could do better in our finances: saving, budgeting, overspending, etc. That's not the problem. The problem is...
75. Inflation Reduction Act | Quiet Quitting | How Much Does It Cost to Raise a Kid?
31 Aug 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - What's in the newest spending bill from Washington - Have you heard of the n...
74. What's the Worst Financial Advice You've Ever Heard?
16 Aug 2022
Contributed by Lukas
Over the past couple years I've heard some truly appalling examples of "financial advice". Many of these ill-conceived ideas have been spread through ...
73. Politics and Investing: A Terrible Combo
02 Aug 2022
Contributed by Lukas
Considering the current political landscape, you might be thinking about making changes to your financial strategy. Is it time to buy the dip or keep ...
72. Get Paid to Move | Disneyland Isn't What It Used To Be | Why You Still Have Your iPhone Case
29 Jul 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - 72 Cities are offering thousands of dollars in incentives to new move-ins - ...
71. The Four Most Dangerous Words in Investing (Re-release)
19 Jul 2022
Contributed by Lukas
Over 2 years ago, I uploaded this episode during the height of the COVID shutdowns and uncertainty. What was said during that market downturn still ri...
70. Church Culture and Compensation with Kurt Skelly
05 Jul 2022
Contributed by Lukas
Kurt Skelly is back to talk healthy church culture and compensation. (4:20) Evaluating church culture when moving ministries (10:12) Building a...
69. Crypto Crash | House Flipping Algorithms | When Bonds Don't Hedge Stocks
30 Jun 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - Bitcoin is down over 70% from its 2021 peak, and the crypto market has lost ...
68. How to Talk to Your Spouse About Money
21 Jun 2022
Contributed by Lukas
Money is a very emotionally charged topic. It's part math/part human psychology. Many of us would prefer to avoid it altogether. But a healthy ...
67. How Much Life Insurance Do You Need?
07 Jun 2022
Contributed by Lukas
Getting life insurance one of the most important financial decisions you can make and one of the easiest to implement. But how much coverage is approp...
66. Has Inflation Peaked? | Apple Car Rumors | Soaring House Prices
31 May 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - New data shows some encouraging signs that inflation may be cooling down, bu...
65. Seven Ways Restaurants Get You to Spend More
24 May 2022
Contributed by Lukas
The average American household spends about $7000 (~12%) of their yearly budget on food alone! And with the abundance of food options in the US, you b...
64. How Pastors Can Save Big on Taxes in Retirement
10 May 2022
Contributed by Lukas
The biggest tax benefit available to pastors is the ability to claim part of their pay as housing allowance. But did you know that pastors may also be...
63. Elon Musk & Twitter | Recession Fears | Netflix Plummets
29 Apr 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - Twitter Accepts Elon Musk's Offer to Buy Company for $43 billion - The Most ...
62. How to Get 8% Return with I Bonds
26 Apr 2022
Contributed by Lukas
Have you heard of Inflation Bonds (I Bonds)? You can buy them directly from the US government and they pay a guaranteed rate of return that is tied to...
61. From Wall Street to Worship with Jeremy DeSpain
12 Apr 2022
Contributed by Lukas
Our guest, Jeremy DeSpain, has 13 years of experience in the world of finance. He started his career in investment management and later spent several ...
60. Is Starbucks the EV Station of the Future? | Gas Taxes | March Madness | Streaming Wars
31 Mar 2022
Contributed by Lukas
A quick roundup on some of the most interesting articles this month... - Starbucks to Become the Gas Stations of the Future for Electric Vehicles? - ...
59. Biblical Paradox: You Should Build Wealth, but Wealth is a Terrible Goal
29 Mar 2022
Contributed by Lukas
It's time to tackle another paradox! The Bible says that working hard, saving, and building wealth are commendable traits, BUT it also says that build...
58. Gas Prices, Russia, and Energy Independence
15 Mar 2022
Contributed by Lukas
It's time to do a deep dive on the questions everyone is asking these days... What can we do to lower gas prices? Suspend gas taxes? Keystone XL pipe...
57. Three Common Misconceptions About Financial Advisors
01 Mar 2022
Contributed by Lukas
Have you ever found it difficult to explain to people what you do at your job? Me too! So I decided to take an episode to clear up three big misconcep...
56. When Cash Is Not King
15 Feb 2022
Contributed by Lukas
Cash is king! Except when it isn't. In today's episode we discuss the pros and cons of using credit cards. Credit cards aren't for everyone. Bu...
55. What Happens to Stocks When Interest Rates Go Up?
01 Feb 2022
Contributed by Lukas
The market is off to a bumpy start in 2022. After a strong return of ~27% in 2021, the US stock market is down ~10% to start the year. So what's behin...
54. Biblical Paradox: Why Save if I'm Supposed to Trust God?
18 Jan 2022
Contributed by Lukas
Paradox: a seemingly absurd or self-contradictory statement or proposition that when investigated or explained may prove to be well founded or true. T...
53. A Marketing Masterclass in Times Square
04 Jan 2022
Contributed by Lukas
On a recent trip to New York City, I got to witness two groups of street performers in Times Square. Both were incredibly talented and had almost iden...
52. Money-phobia in the Pulpit with Josh Teis
21 Dec 2021
Contributed by Lukas
Pastors may feel hesitant about tackling the topic of money from the pulpit. And understandably so! No one wants to alienate their audience or be perc...
51. Are US Stocks in a Bubble?
07 Dec 2021
Contributed by Lukas
Concerns are growing over how long the US stock market can sustain its current pace. US stock returns were strong for a full decade, were briefly halt...
50. Ask Me Anything (Taxes, Retirement, Crypto, Dividends, and more)
23 Nov 2021
Contributed by Lukas
We've made it to episode 50 which means it's time to do another special "ask me anything" episode! Thanks everyone for listening and submitting these ...
49. Pastoral Compensation with Bryan Samms
09 Nov 2021
Contributed by Lukas
Bryan Samms joins me to discuss some important considerations regarding pastoral pay such as... What does the Bible teach about pastoral pay? How sho...
48. Are You Frugal or Cheap?
26 Oct 2021
Contributed by Lukas
Many people assume that being frugal and being cheap are the same thing. They are not! There's a key difference that separates someone being financial...
47. How Much Should You Have Saved for Retirement (By Age)?
12 Oct 2021
Contributed by Lukas
Only about 1/3 of Americans say they either are or will be adequately prepared for retirement. And no wonder! It's a complicated business. So how do y...
46. Is It Wrong for a Christian to go into Debt?
28 Sep 2021
Contributed by Lukas
Consumer debt in America is closing in on $15 TRILLION dollars (personal mortgages, car loans, student loans, credit cards etc. combined). Everywhere...
45. Lessons from Living in a Third World Country
14 Sep 2021
Contributed by Lukas
Email: [email protected] Website: nateskelly.com Facebook: https://www.facebook.com/financialpathwayllc
44. Crushing Debt Using the Debt Avalanche
31 Aug 2021
Contributed by Lukas
You've probably heard of the "Debt Snowball" but have you heard of the "Debt Avalanche"? Find out how to rapidly pay down debt and create margin in yo...
43. A Beginner's Guide to Understanding Trusts
17 Aug 2021
Contributed by Lukas
Myth: Trusts are only for the super wealthy Truth: Trusts are helpful estate planning tools that benefit millions of Americans and can serve a wide n...
42. Six Proven Ways to Save Money Each Month
03 Aug 2021
Contributed by Lukas
According to a recent poll by Ladder, consumers spend an average of $1497/month on non-essential items. A big reason many people aren't able to make p...
41. Lifestyle Creep
20 Jul 2021
Contributed by Lukas
Lifestyle creep: the tendency to continue increasing your spending as your income grows. A higher income is often accompanied by more spending....
40. Interview with Cary Schmidt
06 Jul 2021
Contributed by Lukas
Cary Schmidt is the Lead Pastor of Emmanuel Baptist Church in Newington, Connecticut. He hosts the "Leading in the Gospel" Podcast and recently publis...
39. Three Ways to Prepare for Inflation
22 Jun 2021
Contributed by Lukas
It's the question of the hour: are we headed for a big jump in inflation? Price increases in housing, gas, lumber, and more, have many American...
38. Should You Pay Off Your Mortgage or Invest?
08 Jun 2021
Contributed by Lukas
Whether you have a lump sum of money or you have extra monthly cash flow, is it smarter to invest that money in the market or pay off your mortgage as...
37. Interview with Andrew Smith
25 May 2021
Contributed by Lukas
Our guest, Andrew Smith is the founder and director of Orphans in Asia. He shares the story of why he started Orphans in Asia and how he's able to run...
36. The Parable of the Talents (Managing God's Money Series)
11 May 2021
Contributed by Lukas
This episode is the first in a series of episodes from the "Managing God's Money" sessions that I teach for churches. It's an opportunity for us to ta...
35. Which is Better: Traditional IRA or Roth IRA?
27 Apr 2021
Contributed by Lukas
The IRS recently extended the 2020 IRA contribution deadline. Instead of April 15th, you can now make a 2020 contribution to an IRA up until May 17th,...
34. Five Reasons Why People Overspend + Eight Ways to Stop
06 Apr 2021
Contributed by Lukas
We've all been guilty of being over-budget from time to time. Maybe we spent an extra $50 last month on restaurants or we went $200 over our price lim...
33. Thirteen Mistakes to Avoid When Buying a House
23 Mar 2021
Contributed by Lukas
Buying a house is one of the most stressful experiences of your life. It's understandable considering that your home is probably the biggest purchase ...
32. Should I Roll Over My 401k to an IRA?
09 Mar 2021
Contributed by Lukas
Here's a question I've gotten a lot recently: what should I do with my old 401k? Many Americans opt to roll over their 401k into an IRA after they've ...
31. Why I'm Not a Fan of Multi-Level Marketing
23 Feb 2021
Contributed by Lukas
Multi-level marketing (otherwise known as network marketing or direct sales) is a massive industry boasting millions of distributors and billions of d...
30. Six Ways to Save for Your Children's Future
10 Feb 2021
Contributed by Lukas
Proverbs 13:22 says that a good man leaves an inheritance to his children's children. Saving for you children's future is a noble goal and one that re...
29. The Robinhood Revolution: the Good, the Bad, and the Ugly
28 Jan 2021
Contributed by Lukas
Unless you've been living under a rock this last year, I'm sure you've heard about Robinhood. It's the new investment app that's revolutionized the in...
28. Interview with Luke Clayton of Church Media HQ
27 Jan 2021
Contributed by Lukas
This is an excerpt of a longer conversation I had with Luke Clayton on his podcast Church Media HQ. Luke runs Must Increase Media and provides a varie...
27. Should You Invest in Gold?
13 Jan 2021
Contributed by Lukas
Gold has been a valuable commodity for thousands of years. Even when markets have collapsed and monetary systems have failed, gold has retained its va...
26. What a Biden Presidency Could Mean for Your Finances
15 Dec 2020
Contributed by Lukas
What changes can you expect to your finances under a Biden Presidency? Should you expect to pay more in taxes next year? Is now the time to make chang...
25. Getting the Most Out of Your Employee Benefits
01 Dec 2020
Contributed by Lukas
With open enrollment season in full swing, it's a good time to talk about employee benefits. Every year there are employees that miss out on hundreds ...
24. Interview with John Gall
17 Nov 2020
Contributed by Lukas
In this episode, we discuss the vital role that insurance plays in our financial lives. Appropriate insurance coverage (whether it's auto, home, life,...
23. The "Fund"amentals - Mutual Funds vs ETFs vs Index Funds
03 Nov 2020
Contributed by Lukas
We're getting back to the "fund"amentals. You've probably heard of mutual funds and index funds, but what are exchange traded funds (ETFs)? And why ar...
22. Ask Me Anything (Part 2)
13 Oct 2020
Contributed by Lukas
On this episode, we take some time to answer some more questions sent in by listeners. How do I choose the right funds inside my 401k (1:40)&nb...
21. Should You Buy a Home or Rent?
22 Sep 2020
Contributed by Lukas
At some point, almost everyone will have to decide whether they want to buy a house or rent. If you rent are you just "throwing money away" each mont...
20. Common Investing Mistakes (Part 5) Getting Bad Advice
08 Sep 2020
Contributed by Lukas
In this multi-part series, we'll teach you how to become a better investor by learning to avoid these common mistakes. Part 5: Getting Bad Advice - N...
19. Common Investing Mistakes (Part 4) Confronting Biases
25 Aug 2020
Contributed by Lukas
In this multi-part series, we'll teach you how to become a better investor by learning to avoid these common mistakes. Part 4: Confronting Biases - A...
18. Common Investing Mistakes (Part 3) What to Expect When You're Investing
18 Aug 2020
Contributed by Lukas
In this multi-part series, we'll teach you how to become a better investor by learning to avoid these common mistakes. Part 3: What to Expect When Yo...
17. Common Investing Mistakes (Part 2) Market Timing
11 Aug 2020
Contributed by Lukas
In this multi-part series, we'll teach you how to become a better investor by learning to avoid these common mistakes. Part 2: Market Timing - No one...
16. Common Investing Mistakes (Part 1: Fear and Greed)
04 Aug 2020
Contributed by Lukas
In this multi-part series, we'll teach you how to become a better investor by learning to avoid these common mistakes. Part 1: Fear and Greed - We ex...
15. How to use a Health Savings Account (HSA)
20 Jul 2020
Contributed by Lukas
HSA's are one of the best kept secrets in the finance world. They have some exceptional upsides including a "triple tax benefit" but the majority of A...
14. How Do Financial Advisors Get Paid?
06 Jul 2020
Contributed by Lukas
Before you enlist help from a financial advisor, it's imperative that you understand how they are paid and the value they are bringing to your situati...
13. Interview with Ben Schettler
22 Jun 2020
Contributed by Lukas
On this episode, I sit down with Ben Schettler of The Center for Truth in Love to discuss the American church and a Christian worldview on finances. W...
12. Ask Me Anything (Part 1)
16 Jun 2020
Contributed by Lukas
On this episode, we take some time to answer questions sent in by listeners. We cover a wide variety of topics including life insurance, mutual funds,...
11. Debunking Money Myths (Part 2)
01 Jun 2020
Contributed by Lukas
Will Social Security be out of money in 2034? Do you need $1 million to retire? Are good grades the key to a successful career? A continuation of Ep....
10. Should You Use a Health Sharing Plan?
25 May 2020
Contributed by Lukas
What's the difference between a health sharing plan and health insurance? Are there any downsides that I should know about before choosing a health sh...
09. The Four Most Dangerous Words in Investing
11 May 2020
Contributed by Lukas
This simple four-word phrase has cost investors billions of dollars over the years. Though it's often misunderstood, it is a vital lesson for the long...
08. Interview with Anthony Weatherbee
27 Apr 2020
Contributed by Lukas
Our guest, Anthony Weatherbee, is the assistant pastor of Lighthouse Baptist Church in Gulf Breeze, Florida. He is also the owner and founder of Cheri...
07. Five Finance Books Everyone Should Read
13 Apr 2020
Contributed by Lukas
"The book you don't read won't help" - Jim Rohn If you want to take control of your finances, you need to spend time educating and improving yourself...
06. Debunking Money Myths (Part 1)
06 Apr 2020
Contributed by Lukas
Did you know that sugar doesn't make kids hyper, that Napoleon was not short (he was average height for his time), and that the Great Wall of China ca...
05. Interview with Korey Rademacher
31 Mar 2020
Contributed by Lukas
On this episode, I sit down with my friend, Korey Rademacher, to discuss real estate investing. Korey is a full-time realtor in Pensacola, Florida, as...
04. Credit Score 101 - What Do I Need to Know?
23 Mar 2020
Contributed by Lukas
How is my score calculated? What's the best way to improve my score? Why do I get different credit scores from different credit bureaus? In this epis...
03. Interview with Kurt Skelly
16 Mar 2020
Contributed by Lukas
Our first interview on the Financial Pathway podcast: an interview with my dad, Kurt Skelly! Honestly, there's no one else I'd rather have as my first...
02. Five Tricks Advertisers Use to Get You to Buy
12 Mar 2020
Contributed by Lukas
Ever made a purchase you later regretted? We all have! Advertisers study human psychology, and they've learned some powerful techniques to get you to ...
01. What's the Best Thing You Can Do for Your Finances in 2020?
12 Mar 2020
Contributed by Lukas
If you could improve one aspect of your finances this year, what would it be? In this first episode, we talk about how building a simple habit can hel...