Welka Wealth Podcast

What does the Bible have to say about wealth and money? Can you still be a good Catholic and be wealthy? Fr. Steve Mateja answers several questions from Tiffany and shares examples from both the Bible and the Saints that apply to our lives today.

Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-18-what-the-bible-says-about-money-with-fr-steve-mateja/262/ 

On today's show: 

0:30 - Introducing Father Steve Mateja as today’s guest.

1:33 - Fr. Steve recently celebrated his 8th anniversary being ordained.

3:15 - How did he know it was his calling to be a priest?

6:50 - Is it possible to be a good Catholic and still be wealthy?

11:11 - How does God see us?

12:50 - How can we remember in times of darkness that we are God’s sons and daughters?

In today’s episode, Tiffany talks with Sam Kershaw, regional vice president at Midland National Life Insurance Company. Learn about the company’s insurance-based solutions, including annuities and how they can benefit clients.

Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-17-all-about-annuities-with-sam-kershaw-of-midland-national-life-insurance/255/ 

About the guest: https://www.midlandnational.com/ 

Check us out on YouTube: https://www.youtube.com/channel/UChmwFk5ZrD2fgxdyK_wV14A 

Today's show schedule:

0:52 – What is Midland National Life Insurance?
1:28 – How does Midland National give back to the community?
2:31 – What are annuities and how do they work?
3:37 – What other types of products does Midland National offer?
4:17 – Why is it important to ask a financial planner for help?

Today we want to shine the spotlight on a great group that’s helping many people with a variety of financial services. Catholic Financial Life is a not-for-profit organization that Tifffany works closely with and we welcome on of their advisors, Joe Kohut, to the show to discuss their services, the member benefits, and the three goals they strive for each day.

Read more and get additional resources here: https://welkawealthpodcast.com/ep-16-how-catholic-financial-life-helps-with-retirement-planning/248/ 

About Catholic Financial Life: https://www.catholicfinanciallife.org/ 

Today's show schedule: 

1:02 - A little about Joe.

3:02 - Who is Catholic Financial Life?

6:12 - How could CFL fit into their financial or estate planning?

8:15 - The benefits and importance of life insurance

11:38 - Creative ways that life insurance could be used in a portfolio.

13:19 - What life insurance can do for you in the future.

15:26 - The retirement planning options offered by CFL.

18:10 - The other member benefits to Catholic Financial Life.

19:53 - The mission for CFL

21:03 - How they give back to the community.

The leading reason for a marriage ending in divorce is financial issues between the two parties. It’s important to be on the same page before you make that special commitment and Tiffany helps couples do that through her 7 Steps to Financial Harmony.

Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-15-7-steps-to-financial-harmony-in-marriage/243/ 

Today's show schedule: 

0:38 - The statistics of marriage and divorce.

0:57 - Tiffany created a program to teach couples effective communication about finance.

1:50 - 1st step: Be a generous giver.

2:14 - 2nd step: Set financial goals together.

3:28 - 3rd step: Create a monthly spending plan and follow it.

4:25 - Apps that help you track spending.

5:02 - 4th step: Keep joint accounts and no secrets.

5:33 - 5th step: Learn to live on one income.

5:51- 6th step: Give each person their own spending allowance.

6:10 - 7th step: Keep it simple and organized.

6:33 - Tiffany coaches couples. Here’s how to sign up.

Your wedding day is one of the most special moments of your life, but it can require a lot of planning…and money. Tiffany brings on her brother, Derek, who is a wedding photographer to talk about his experience on the service side of the celebration. We’ll find out what expenses you can expect, tips for creating a beautiful ceremony, and how to keep God at the center of your marriage.

Read more and get additional resources here: https://welkawealthpodcast.com/ep-14-wedding-planning-expenses-tips-with-derek-gauci/238/ 

About our guest: https://falconfilmstudios.com/derek/ 

Today's show schedule:

0:31 - Today our guest is Tiffany’s brother, Derek Gauci. A little background on him.

1:28 - How did he find his calling to capture weddings?

3:41 - What services do you provide and how do people contact you?

5:15 - What should you realistically expect to spend on wedding services?

6:41 - Tips for creating a beautiful wedding ceremony.

8:48 - How has the pandemic changed the wedding industry?

9:56 - How do you keep God at the center of your marriage?

13:15 - Having a mentor couple is a great resource.

Today we’re joined by Fr. Anthony Camilleri of Our Lady of Good Counsel to look back on a trip he made to the Holy Land and participated in the Stations of the Cross. This life-changing experience left an impact on him, but it also teaches us some important lessons about money.

Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-13-what-the-stations-of-the-cross-teach-us-about-money/233/ 

Today's show schedule: 

0:34 – Welcome in our special guest, Father Anthony Camilleri. Let’s begin with a prayer.

1:46 – The story of when he did the Stations of the Cross during a 14-day trip to the Holy Land

3:11 – Like the Stations of the Cross, we should have an order in our lives. Begin with God every day.

6:08 – Time is the most precious gift you can give.

8:59 – When finances feel like a burden, what can people do to get the courage to ask for help?

12:38 – Why it’s important to always be present.   

16:37 – A quote Saint John Paul II made in Detroit. How can we apply this to finances?

21:08 – A closing prayer from Fr. Camilleri

Money is a subject that many people choose to keep private, and that’s understandable, but speaking openly about finances could make a lifelong impact on a person. Find out what the Bible tells us about this approach and hear about the first time Tiffany got a lesson in saving money.

Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-12-having-open-conversations-about-finances/227/ 

Today's show schedule: 

0:33 – Today’s Bible verse

1:13 – There are two types of people financially.  

2:00 – Remembering back on first Holy Communion.  

2:43 – Financial lessons learned from that special day.

3:39 – First reason we’re sharing this story.  

4:21 – Second reason for this story.  

5:03 – Why it’s important to speak more openly about finances.   

We’re excited to welcome in our first guest to the podcast, Father Dave of Our Lady of Good Counsel, who will help us apply faith to our finances. Staying centered on God is a challenge that all of us face but it’s the best approach to handling our money and he’ll help tell us how to achieve that.

Read more and get additional details: https://welkawealthpodcast.com/ep-11-keeping-finances-centered-on-god-with-father-dave/222/

Today's show schedule: 

0:30 – Today we’re joined by a special guest, Father Dave

0:47 – Let’s open up with a prayer.

1:22 – Background on Father Dave

3:11 – The book Father Dave’s Travel Guide

6:31 – How we met each other.  

6:58 – How can couples keep their focus on God when talking about money?

9:08 – This pandemic has brought refocus on what’s important.

11:10 – Help us understand how to incorporate tithing into our lives.

13:47 – Applying the example of Cain vs Abel

15:42 – Everything you have is from God. You aren’t a self-made man.

16:59 – Prayer guidance

20:02 – Closing Prayer

In these uncertain times, we need to be able to live in the present while also working towards the future. Tiffany is challenging you to focus on where you’re spending your money so that we can all make sure we are using our money for good.

Read more and get additional resources here: https://welkawealthpodcast.com/ep-10-working-towards-the-future/215/ 

Today's show schedule: 

0:42 - Who could have imagined 2020 would turn out like this?

1:34 - It’s important to respect your finances.

2:27 - I’m challenging you to pay close attention to what you’re spending your money on.

3:18 - Money cannot be evil.

4:00 - We get a little bit closer to retirement each year.

4:57 - The Bible says we should be tithing 10% of our income. Apply that same guide to retirement.

5:57 - A message from the Bible that’s particularly relevant right now. 

Even though our lives are the most valuable asset in our portfolio, many people overlook the importance of an estate plan. It happens for many reasons but failing to complete this portion of a financial plan can put a burden on your loved ones. Today we’ll talk about the tools you’ll need to build an estate plan and why it should be a priority for you and your family.

Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-9-how-much-thought-have-you-given-estate-planning/211/ 

Today's show topics: 

1:04 – Remembering those we’ve lost on Memorial Day.

1:33 – What would the loss of our own life look like for the loved ones we leave behind?

1:45 – First estate planning tool to consider is life insurance.

2:13 – Term life insurance policies.

2:51 – Whole life insurance

3:37 – Other life insurance options

5:10 – Everyone has an estate.  

5:56 – If you pass away without a will, your family and friends will have to go to probate court to settle your estate.

6:51 – A will is another estate planning tool.

7:31 – A revocable living trust is another great tool.

8:46 – Make sure you have a complete understanding of our plan.

9:58 – The passion to give should overflow into our estate plan.

11:17 – Other things to consider with your estate plan.