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 able to claim housing allowance on withdrawals from their retirement account too?!

In today's episode we'll talk about how using a church-sponsored 403b plan allows pastors to save thousands of dollars in taxes and maximize every dollar they save for retirement.

Email: [email protected]

Website: https://www.nateskelly.com/

Facebook: https://www.facebook.com/financialpathwayllc

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 opportunities if you'll take the time to plan ahead. 

Email: [email protected] 

Website: nateskelly.com 

Facebook: facebook.com/financialpathwayllc

A quick roundup on some of the most interesting articles this month...

- FTX crypto exchange collapses amid allegations of fraud and mishandling of client funds

- Frontier Airlines looks to shake up the airline industry with a unique yearly pass offer

- Jeff Bezos has pledged to give away the bulk of his fortune within his lifetime

- Google pays hundreds of millions for its lack of transparency in collecting user info

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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 employment.    

Our guest, Ryan Flanders, talks about his journey as a pastor and entrepreneur, why he intentionally chose co-vocational ministry, and the benefits of a co-vocational approach.   

Ryan is the founder of "Develop My Ministry" which exists to equip pastors in their walk and in their work. They equip primarily through pastor gatherings, consulting and coaching.     

Email: [email protected]  

Website: developmyministry.org

It's finally here! I'm very excited to announce the launch of Financial Pathway Academy, a community for pastors and church leaders to get answers to their most important financial questions. 

I want to take a few minutes explain how it will work and why I believe it will be a major asset to ministry leaders. Please check it out and I hope you will join us there!

Financial Pathway Academy: https://academy.nateskelly.com/

History tells us that the most consequential issues for voters usually are the ones that affect their wallet (jobs, economy, inflation, etc). The 2022 Midterm Elections look like they will follow the same pattern. 

But how much immediate affect do these elections have on our economy and the stock market? What should we expect to see in the days after the election?

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 salary

- FAANG stocks have fallen back to earth after strong 2020 and 2021

- Will the four-day workweek eventually replace the five-day workweek?

- New bill aims to fix some glaring issues with Social Security

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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 give better advice, to reach more people, and to answer more money questions than ever before!

In this episode, I walk through the history of the financial services industry and how each new era brought changes to the ways people received financial advice. At the end I'll talk about this new era we are in and how financial advice is changing for the better. 

Email: [email protected]

Website: https://www.nateskelly.com/

Facebook: https://www.facebook.com/financialpathwayllc

Drayton Smith is the Director of Ministry Village in Pensacola, FL. Ministry Village is an extension of Olive Baptist Church and ministers to Escambia County residents affected by hunger, addiction, homelessness, and more. 

Drayton and I talked about his role and the 5 unique ministries he oversees through Ministry Village. He shared some of the biggest blessings and challenges of running a non-profit that serves the most vulnerable people in the community. Drayton also shared some advice for how your church can take practical steps to have a bigger impact in your community. 

Drayton Smith email: [email protected]

Ministry Village website: https://ministryvillage.org/

A quick roundup on some of the most interesting articles this month...

- Housing market cools as mortgage rates continue to climb

- A breakdown of which states/cities offer the most and least amount of elbow room

- Housing market and stock market gains in 2021 created 5 million new millionaires worldwide

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