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

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 Reliable Recession Indicator Just Happened, Now What?

- Inflation Keeps Climbing

- Why the Past 10 Years Have Been Uniquely Stupid

- Netflix Stock Plummets over 30% after losing subscribers

Sign up for Money Minute email here: https://mailchi.mp/nateskelly/p5c6us72e5

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 years as a bank manager. 

Jeremy now serves as the full-time senior pastor of Bible Baptist Church in Port Orchard, WA. In this episode, he shares some valuable lessons he learned in the financial world and how he was able to translate those skills to his current role as a pastor. 

Jeremy also runs the Actual Faith YouTube channel where he discusses cultural analysis, theology, and philosophy. 

Email: [email protected]

Website: nateskelly.com

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

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

- Starbucks to Become the Gas Stations of the Future for Electric Vehicles?

- Will Your State Lift Its Gas Tax?

- March Madness is a Billion-Dollar Business

- The Streaming Wars Continue to Rage (Amazon makes big purchase)

Sign up for Money Minute email here: https://mailchi.mp/nateskelly/p5c6us72e5

Email: [email protected]

Website: nateskelly.com

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

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 building wealth is a terrible goal. 

How do we make sense of these principles? Let's a taker a closer look...

Email: [email protected]

Website: nateskelly.com

Facebook: facebook.com/financialpathwayllc

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 pipeline? 

Why are we importing oil from foreign countries instead of producing our own oil? 

How much oil do we consume vs how much we produce? 

Email: [email protected]

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

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

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 misconceptions about financial advisors:

1. Financial Advisors are the same as Financial Planners, they all do the same thing

2. Only rich people work with Financial Advisors

3. Why should I pay a Financial Advisor when I'm already investing for free?

Email: [email protected]

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

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

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. But if you can follow three simple rules you'll very likely find credit cards to be a net benefit.

We conclude by sharing three great resources for understanding and managing credit. 

Email: [email protected]

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

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

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 behind this recent downturn?

In this episode we'll explain why the Federal Reserve raises and lowers interest rates, how that can affect the stock market, and what you should do now that interest rates may be going back up. 

Email: [email protected]

Website: nateskelly.com

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