183. Is That True? 17 Popular Money Myths Debunked
Are you making smart money moves? In this episode, we’re busting 17 of the most common money myths that could be holding you back.
Jun 24, 2025•14 min
Financial Pathway
Go to the next level in your finances with news, insights, and education from Nate Skelly CFP®
Website: nateskelly.com
Email: info@nateskelly.com
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Episodes
182. How Much Should I Keep in Cash?
"It's all about the Benjamins!" Cash gives you something that investments can't: immediate freedom. But how much is too much - or too little?
Jun 17, 2025•15 min
181. AMA - IUL's, Tax-free Gifts to Pastors, Safe Withdrawal Rate in Retirement (Re-release)
Here's an "ask me anything" episode I did last year at this time. How often should I reevaluate my investment strategy? (1:30) How much can I safely withdraw from my retirement account? (6:48) Can churches give a tax-free gift to their pastor at retirement? (15:50) Law of diminishing returns in your personal finances (21:56) When is it ok to withdraw from my IRA? (32:34) Thoughts on IULs (indexed universal life insurance) (38:18) Links: https://www.clergyfinancial.com/is-a-pastors-retirement-gif...
Jun 10, 2025•50 min
180. How Much Money is "Enough"?
When do you know that you have "enough" money? Our culture equates success with accumulation, but what if real peace comes not from having it all but from knowing when you have enough?
Jun 03, 2025•13 min
179. The Best Long-Term Investment | Do Rich Pay Their Fair Share in Taxes? | Maximizing Memories with $$
- How spending time with the people you love is one of the wisest ways to invest your money- Sports betting is significantly affecting Americans' ability to save- Who is really footing the tax bill in America? Time to separate rhetoric from reality.- Slate Auto hopes to capture EV market share by taking the anti-Tesla approach- Americans believe real estate and gold are the best long-term investments. Are they right?- New startup lets investors borrow money to invest in their 401k
May 27, 2025•17 min
178. Trump's "Big Beautiful Bill" Explained
Republicans inch closer to finalizing Trump's "Big Beautiful Bill". But will it get us any closer to paying down the National Debt? Will it even narrow the gap between our revenue and spending? Here's what you should know about the newest spending bill and our national budget.
May 20, 2025•18 min
177. Homeownership is Overrated
Is buying a home really the best investment you'll ever make? In this episode, I make the case for why homeownership is often overhyped and why the real value might have more to do with lifestyle than return on investment.
May 13, 2025•15 min
176. How to Create Financial Goals That Actually Work
Tired of setting financial goals that fizzle out? Learn how to use the SMART framework to turn your aspirations into clear, achievable goals that actually move you forward.
May 06, 2025•7 min
175. Give Now, Not Later | Ludicrous Psychology of Slot Machines | Death to the Estate Tax?
- Why you may want to start passing out your kids inheritance while you are still living- Senate Republicans are considering a bill to eliminate the Estate Tax altogether- Slot machines now account for nearly 70% of casino revenue. How do they make them so addicting?
Apr 29, 2025•14 min
174. Sports Betting
Sports betting is everywhere now: your phone, commercials, podcast, and even during the game itself. Is betting nothing more than a fun way to engage with sports or is it a financially and morally dangerous trap that we should be more concerned about?
Apr 22, 2025•20 min
173. Trump's Tariff Playbook: What You Need to Know
Today we’re answering questions about the topic of the day: Tariffs!How do tariffs work?Why does Trump love tariffs so much?Does it matter that we buy more stuff from China than they buy from us?Could tariffs eventually replace income tax?And more!
Apr 15, 2025•22 min
172. Scary Markets
These past few days have been a whirlwind: tariffs, market drops, recession fears, etc. Here are 3 powerful reminders for how to navigate scary markets.
Apr 08, 2025•11 min
171. Are International Stocks Having a Moment? | How to Weather Market Downturns | Chicago's Disastrous Deal
- The US stock market is off to a rough start in 2025, but many international stocks are shining so far - Powerful reminders for how to navigate choppy markets - How Chicago made a short sighted deal that will haunt them for decades - Doordash partners with Klarna to offer customers the option to finance their order instead of paying right away
Apr 01, 2025•18 min
170. Great Investors Know Better: Why Correlation ≠ Causation
The best investors know how to spot opportunities AND avoid costly mistakes. We explore real-life examples of how even the smartest people sometimes confuse correlation with causation. And we look at 5 specific ways that investors can fall into the same trap.
Mar 25, 2025•20 min
169. Investing Church Funds: Wise Stewardship or Risky Business?
Churches often find themselves with excess funds and a big question: should they invest? It’s a topic that sparks strong opinions, as I saw firsthand in a private Facebook group for pastors and ministry leaders. Let's look at both sides of the argument, explore the risks and rewards, and consider practical insights on whether investing church funds is wise.
Mar 18, 2025•34 min
168. Freedom Funds: My Solution for a Broken Social Security System
Is Social Security really enough to fund your retirement? Spoiler alert: It’s not. It's time for a bold new idea: Freedom Funds! In today's episode I lay out the case for how we could drastically improve our retirement system and set up more Americans for long-term financial success.
Mar 11, 2025•23 min
167. Ben Franklin's 200 Year Investment | How to Negotiate Your Salary | What is a Financial Advisor Worth?
- In 1790, Ben Franklin left $2000 each to the cities of Philadelphia and Boston. What happened to his investment after 200 years? - Effective techniques and strategies for negotiating salary with your employer - Why you might want to hire a professional to manage your investments - New Vanguard studies estimates just how much more money one could expect to earn by working with a financial advisor
Mar 04, 2025•23 min
166. The Truth About Financial Advisor Fees
Many people recognize the value of working with a financial advisor, yet concerns about trust, control, and cost keep them from seeking professional guidance.In this episode, we break down the different ways financial advisors are paid, exposing common misconceptions and helping you understand what you’re really getting for your money. Whether you’re wondering if an advisor is worth the cost or just want to better understand fees involved, this episode will equip you with the knowledge to make c...
Feb 18, 2025•37 min
165. Rent vs Buy Calculator | Digital Shoplifting | Better to Claim Social Security Early?
Rising home prices and interest rates have more people questioning whether buying a home is still the best financial move. Meanwhile, over half of Gen Z admits to “digital shoplifting” without shame—what’s driving this trend? In this episode, we break down these stories along with new insights on Social Security strategies and how famous people (real and fictional) influence baby names.
Feb 04, 2025•17 min
164. Beyond Borders: Purpose, Money, and Mission with Dr. Tim and Dr. Maureen Gaul
Dr. Tim and Dr. Maureen Gaul share their journey from successful medical careers in the U.S. to full-time ministry in North Macedonia. They discuss their leap of faith, the money lessons that shaped their path, and how they’re living out a calling that goes far beyond borders. https://cmda.org/medical-education-international/ https://www.healthservicecorps.org/
Jan 28, 2025•43 min
163. Invest Like the Best: How Evidence-based Investing Works
Nate explains factor-based investing, a strategic middle ground between active and passive investing. Discover how this evidence-based approach can potentially deliver higher returns while minimizing emotional decision-making. SPIVA report: https://www.spglobal.com/spdji/en/research-insights/spiva/
Jan 21, 2025•27 min
162. My 24 Favorite Facts from 2024
Here are some of my favorite random facts I learned in 2024. Shout out to theideafarm.com for compiling a great list. Most of my favorite facts came from their longer list they compiled.
Jan 14, 2025•14 min
161. Should I Buy Crypto?
Bitcoin hits $100,000 and crypto interest is officially back! Today we're exploring... - Key difference between investing and speculating - Five rules to live by when it comes to speculative assets - How to learn from others' mistakes and avoid greed, fear, and FOMO This episode today is not investment advice. The purpose of today’s episode is to help you understand investing principles and how you can use those principles to evaluate crypto in particular. Please consult with a financial profess...
Jan 07, 2025•22 min
160. Six Time-Saving Tools with Luke Clayton
Looking to get more done in less time? Luke shares some of the best methods and tools he's found to work smarter, save time, and run a successful solo business. Whether you’re managing a business, a ministry, a busy household, or just trying to stay on top of your to-do list, this episode is packed with actionable tips to help you take control of your time.
Dec 31, 2024•27 min
159. Productivity Hacks with Luke Clayton
Looking to get more done in less time? Luke shares some of the best methods and tools he's found to work smarter, save time, and run a successful solo business. Whether you’re managing a business, a ministry, a busy household, or just trying to stay on top of your to-do list, this episode is packed with actionable tips to help you take control of your time.
Dec 24, 2024•25 min
158. How to Evaluate a Stock: 4 Metrics Every Investor Should Understand
You don't need to be a Wall Street wizard to understand these 4 important features of stocks! Investing in individual stocks carries risk, and this episode is not about how to become a stock-picking pro. But understanding these four foundational metrics can help you make sense of the stock market and cut through the noise.
Dec 17, 2024•21 min
157. Introducing MoneyWise
Pre-order for your church at MoneyWiseCourse.com. 15% discount available until December 24.
Dec 10, 2024•22 min
156. Are You Middle Class? | Mapping the Red Wave | Americans' Average Retirement Balance by Age
On this month's Money Minute: How to know what is considered lower/middle/upper income based on area, income, and family size County swing maps tell the story of Trump's 2024 win New data shows how much Americans have saved for their retirement by age
Dec 03, 2024•14 min
155. Will Social Security Run Out of Money?
You may have heard that Social Security will be out of money in the next 10 years. What does this mean for current and future retirees? Today we discuss Social Security and it's... 1. Current status 2. Potential changes in the future 3. What this means for your plan Recommended article: https://www.kitces.com/blog/social-security-sustainability-trust-fund-benefits-taxes-legislation-financial-planning/
Nov 26, 2024•11 min
154. What to Expect From Trump 2.0
Here's what a second Trump term could mean for your wallet and break down what affect it will have on tax rates, tariffs, and the stock market.
Nov 19, 2024•16 min
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