Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hello everyone,
thanks again for joining me on
another episode of the DorsalShow.
Today we have a special guestwith us.
Her name is Katie Viola Jones,who embodies a passion for
empowering individuals to managetheir money in alignment with
(00:21):
their faith money in alignmentwith their faith.
As a youth pastor's wife, mom,foster mom, a graduate of
Colorado Christian Universityand traveler, real estate
investing, certified financialcounselor, katie's diverse
experience has shaped herunderstanding of the
(00:46):
intersection between faith andfinances.
She is the visionary behindRedeeming your Finances an
online school for believers tolearn how to manage their money
while using their skills thatare rooted in the gospel.
Katie, thank you so much forcoming on the show today.
Speaker 2 (01:10):
Yeah, hi Dorsey,
thank you for having me.
I'm excited to chat today andget started.
Speaker 1 (01:16):
Yes, definitely.
I usually like to open up witha icebreaker question.
Can you introduce yourself asif someone else was introducing
you?
Ooh.
Speaker 2 (01:34):
If someone else were
introducing me, they my husband,
would probably tell you things.
Like you know, she loves herchickens, she loves cats, she
loves to bake and she's reallygood at money and that is why
she handles the money in ourfamily.
(01:58):
He loves telling people aboutmy affinity for chickens.
We do have um a handful ofchickens here in in our backyard
.
It's kind of our own littletiny homestead that we have.
And yeah, I don't know, forsome reason that's usually one
of the first things that comesup, even in conversations with
(02:18):
friends.
I don't know why, but it'salways one of those things.
Speaker 1 (02:24):
What kind of fun fact
about you that most people
don't know.
Speaker 2 (02:30):
That most people
don't know Maybe.
I mean, I don't know if peopledon't know this or it might be
an interesting fact but I amreally really good at putting
together jigsaw puzzles.
I can typically do a 1000 piecepuzzle within a day, or if it's
(02:54):
a harder puzzle it might takeme a couple days.
But I found that a lot of myfriends don't know this.
Growing up everybody kind ofknew it.
But these days now in my 30s,and with my adult friends, I've
talked about puzzles.
I love doing them over thewinter and we're having this
conversation and it's freezingoutside, and so I've been doing
a lot of puzzles lately.
That is something that not alot of people know about me is
(03:16):
that I love doing puzzles.
Speaker 1 (03:20):
Give us a little
background on your story and how
you got involved with what youdo.
Speaker 2 (03:28):
Yeah, so my story
starts out in my last few years
of college.
I was graduating, getting readyto graduate, and I started
working at a property managementfirm which helped people rent
out and manage their properties,and so I was helping other
landlords to rent out theirrental properties.
(03:49):
I really loved seeing what theywere doing, and so I wanted to
also do that myself.
So after I graduated college,my husband and I got married.
A couple years after that, webought our first rental property
within a couple months ofgetting married, and I was on
this journey to learn everythingthat I could about financial
(04:13):
independence and becoming reallygood at managing my money and
wanting to invest and become,you know, just this person who
knew a lot about how to managemoney and achieve financial
freedom.
I started blogging around thistime.
I wanted to learn more andteach others about what I was
(04:34):
learning, and so I was kind ofteaching about and writing about
how to glorify God with ourrental properties and with our
finances, and after a while, Irealized that I was pursuing
these financial goals more thanI was pursuing my relationship
with Christ, which was a reallybig eye-opening moment for
(04:57):
myself, and I recognized that Ineeded to start looking at the
Bible to see what is it that Godactually wants me to do with my
money, versus reading the Bibleto try to find my own truths
about money, which is what I hadbeen doing.
And so, yeah, god opened my eyesto start to change my
(05:20):
perspective on how I was doingeverything with my finances, and
around that time, I got mycertification as a certified
Christian financial counselorand I was coaching other
individuals and families to helpthem learn what I was learning
(05:41):
and to implement agospel-centered financial plan
in order to manage their moneyin light of that.
We want to do this for the gloryof God, not just so we could be
financially healthy and achieveall of our own goals.
We want to do this so thatwe're building up the kingdom
and we're supporting others andwe're taking good care of our
(06:01):
families, and so it took quite awhile.
It was several years before Ireally learned these lessons
that God was trying to open myeyes to, but now, here I am
today and helping Christians todo the same things that I was
challenged with many years ago,and so that's what I do now is I
(06:25):
help people through the school,the online school that I have
called Redeeming your Finances,and I love it.
I love getting to help othershave this kind of a life
transforming moment for theirlife and for their finances for
(06:46):
their life and for theirfinances.
Speaker 1 (06:49):
We see a lot of you
know or we hear a lot of the
terms Christian or financialadvisor and you, even you know,
said Christian counselor,financial Christian counselor.
Is there a difference betweenthe two?
And if there are, what arethose differences?
Speaker 2 (07:06):
Yeah, that's a really
good question.
So I am not a financial advisor, which is a little bit
different.
A financial advisor does needto go through different kinds of
certification.
There is a difference between amoney coach and a financial
advisor.
An advisor usually helps morewith investments and larger
(07:31):
portfolios, meaning you knowwhen you have a lot more money.
A financial advisor will helpyou figure out where to invest
your money, how to createlong-term plans, how to do taxes
in a way that is better foryour finances and as well as
(07:54):
generational planning so what'sgoing to happen to your money
when you pass away.
And a financial coach or afinancial counselor, which is
what I am, helps more on thefront end, I would say, and
helps with things like basics,like budgeting, getting things
(08:15):
straight with your heart, like,really, we do a lot of heart
work, and so a lot of thesessions that I do is trying to
get to the root of the problemof okay, why do we have a lot of
debt, you know, figuring outwhat the issue is there that is
causing someone to fall furtherinto debt.
We work on habits, and it's alot more of that base work for
(08:42):
getting a strong foundation tothen build upon in order to
hopefully eventually get to workwith someone like a financial
advisor, which almost it's kindof like a like the way I think
of it is a two step process,like a financial coach or
counselor would come first whileyou're still trying to figure
things out and get into goodhabits with your money
(09:03):
management, versus a financialadvisor will kind of look more
at long-term planning once youhave the base kind of
established.
A financial advisor typicallywill not help with budgeting or
just debt management.
They might.
They might have some expertiseor just some tips to give you,
(09:25):
but their strategy is morelong-term planning and
investments.
Speaker 1 (09:35):
When we look at our
bank accounts or our budget and
we see the money dwindling monthto month or we're living
paycheck to paycheck how couldwe view that or how could we
handle that?
Speaker 2 (09:51):
Yeah, that is a
really hard place to be in,
living paycheck to paycheck.
I was there myself and many ofthe clients that I work with
currently are in that paycheckto paycheck cycle.
I can walk you through anexample of the clients that I
work with currently are in thatpaycheck to paycheck cycle.
I can walk you through anexample of a client that I'm
helping right now in the midstof what it looks like to then
(10:14):
get her and her family out ofthis paycheck to paycheck cycle.
We'll call her Sarah just forthe name, for the sake of the
example and her privacy.
But Sarah, you know, comes tome, tells me you know, here,
this is the, these are the jobsthat the example and her privacy
.
But Sarah comes to me, tells methese are the jobs that my
husband and I have.
We make a decent amount of money, but we're still in this place
of not being able to save money.
(10:35):
We're not able to pay off ourdebt quickly.
We're really just using all ofour paycheck every single month.
This causes lots of stress.
It causes a lot of anxiety whenthe end of the month comes
around and they're like do wehave enough money to continue to
pay for our groceries, or havewe used it all?
So one of the first things thatwe do when we get on that
initial coaching call is tostart to understand what their
(11:00):
patterns are with their finances.
Where is all the money going inthe first place?
So we go through a processcalled money tracking and we
look at the last few months oftheir bank statements and credit
cards and everything to seeexactly where their money has
been going.
So we can start to develop apattern to see exactly on
(11:23):
average how much are youspending on groceries or eating
out or gas or entertainment?
Once we have this information,we can actually start to put a
plan together to reorganize andreprioritize where the money is
going, and that way we can startsetting goals for saving or
paying off debt.
(11:44):
Whatever that financial goal isthat you are working towards.
Maybe even just simply givingmore to your church is a
financial goal.
These are all things that weput into place in order to then
reprioritize where our money isgoing so we can achieve those.
It's all through prayer,working with God, to figure out
what those goals are, what theyshould be.
We want to glorify and honorHim above all, because financial
(12:08):
goals are great, but they'renot more important than the goal
of just glorifying God with ourfinances.
First and foremost, we set goalsfrom a more biblical standpoint
, while also recognizing thatpaying off debt is a way that we
can honor God with our finances, you know, freeing up that
money to do something differentwith.
(12:29):
So that's what the initial part, like the initial program,
would kind of look like ifsomeone is in a paycheck to
paycheck cycle.
But first and foremost, it'sjust recognizing that you need
help, like the two words thatHelp me are some of the most
powerful words that somebody canuse in any area of life, but
(12:51):
especially finances, and beingvulnerable enough to open up
such a sensitive area of theirlife in order to get help.
That's a big step, and sothat's the first step is saying
I need help and then findingsomeone and then going through
these steps of understandingwhere our money's going so we
(13:11):
can do better.
Speaker 1 (13:13):
Yeah, we see and hear
a lot of people pastors,
faith-based speakers and whatnottalk about prosperity, gospel,
gospel.
(13:33):
They write about books, aboutyou know, having more money,
being able to be betterfinancially wealthy, better off
financially as as christians.
How does that, how does thatwork?
And I'm not saying how does itwork, but how do you view that
and you, should, we all bebetter off wealthy?
I mean, is it bad to be, youknow, not to be as wealthy as
(13:55):
everybody else?
I guess is what I'm trying tosay.
Speaker 2 (13:58):
Yeah, that's a really
good question.
In the beginning, when I wasgoing through this process of
trying to learn everything Icould about money management, I
really, really believed that Godwanted all of us, as believers,
to achieve financialindependence, which is basically
to have enough money either setaside in our savings or
(14:23):
investments, or bringing enoughmoney in passively, month to
month, through our investments,in order to never have to work
again.
I was totally under this spellfrom the enemy telling me that
this is what believers needed tostrive for, and so I worked
really hard again to look at theBible and see and find my own
(14:45):
truth in it, versus asking Godwhat do you want me to do with
my money?
And so I don't think there's aright or wrong answer whether or
not it's holier to have moneyor holier to not have money and
live in poverty.
I think God calls people toboth areas, because you think of
someone like Mother Teresa.
(15:06):
She started out pretty wealthyin life but then gave up
everything in order to thensurrender her life to working on
mission.
That was wonderful andsomething that she was called to
.
However, we also need people whohave money in order to help
fund these kinds of missions.
You think of some of thewealthy women that helped fund
(15:31):
Jesus's ministry when he washere on earth.
Joanna was one of them, andthat ministry, of course, would
have survived through otherpeople, but Jesus needed other
wealthy people to help themission continue to run.
Same thing today we need moneyin order to keep our churches
afloat and pastors paid and thelights on and ministries being
(15:54):
able to reach people.
So we do need finances ingeneral.
But as far as the prosperitygospel goes, I think it's
interesting to know that onething that I was woken up to was
the fact that I had beenfalling for the prosperity
gospel myself in a little way,and it's not to say that I was
(16:14):
trying to become just superwealthy, to have a mansion and a
private jet and really nicefancy clothes.
I was really just striving tolive really comfortably.
I just wanted to be set.
I wanted to be financially setto not have to worry about money
anymore.
I wanted to have enough to doall the things that I really
enjoyed in life, and I reallywanted this sense of freedom by
(16:38):
having enough money to do allthese things and never have to
work for money again.
And what I realized was thatthis was a form of the
prosperity gospel that I wasreally falling for was I wanted
God to be able to give me allthese things that I ever wanted,
and so I took the verses fromthe Bible way out of context,
(16:59):
saying, oh, god's going to giveme everything that I've ever
dreamed or desired.
I realized that I made it allabout myself, I totally pushed
God out of the conversation, andso this is a form of the
prosperity gospel thatunfortunately, many of us do
fall for, because we treat Godlike a vending machine, thinking
(17:19):
like, oh, if I pray enough, orif I'm faithful enough, or if I
do X, y and Z, god will give meeverything I've ever desired,
which is having a really nice,comfortable house and having a
really well-stocked fridge andhaving really nice clothes and a
good car and just a comfortable, happy life.
(17:39):
And unfortunately, many of usknow this, but it's a hard
reality when we have to kind ofwake up to it sometimes is that
that's not what we're promised?
We're not promised that in theBible at all.
In fact, we're promised a toughlife when we follow Jesus and
when we devote our lives to him.
(18:00):
I had to give that up.
I had to give up this idealversion of my life in order to
follow Christ.
And that's when I realized thattrue biblical financial freedom
comes when we let go of askingour money to do for us what only
God can do, which is to give ussecurity, which is to give us
hope, which is to give us anidentity.
Our money can't do that for us,and if we keep asking our money
(18:24):
to do that, we keep chasing itin this way.
That's when we're falling for aversion of the prosperity
gospel.
Speaker 1 (18:32):
How did your
financial learning shape your
faith perspective?
Speaker 2 (18:40):
Yeah, I was chasing
money and wanting to have enough
of it in order to feelcomfortable, and so I really
pushed God out of all of myfinancial decisions.
When I was pursuing financialindependence, I realized what I
(19:01):
was really trying to do wasbecome independent from God
himself.
I think the better version ofour finances is being
financially dependent, and it'snot like in a worldly sense, but
just simply like beingdependent on Christ for our
daily bread and asking him toallow us to see that what he
(19:23):
gives us is, and asking him togive us enough, but realizing
like God already provideseverything for us.
We just need to wake up and seethat we have everything we need
through Christ.
But a lot of times what Irealized was that my worldly
(19:43):
perspective of finances wasgetting in the way of seeing the
mysterious biblical way thatmoney works.
X plus X usually equals Y inthe world, but X plus X might
equal something completelydifferent in God's view because
of the way that he shows up inthese ways that only God can.
(20:08):
And so I have seen God work inreally powerful ways and my
faith has just really grown.
When things don't seem likethey're going to work out on
paper, I put my budget togetherand I'm like I don't know how
we're going to make it throughthis month.
And then God shows up in crazyways, like by providing through
(20:32):
other people.
And it's not always in exactmonetary ways, but if we are,
you know, in the early years,when we were kind of struggling
with just our grocery budget,god would show up in ways of
like people would invite us overto their houses in order to
provide a meal for us and itwasn't that we ever shared with
(20:54):
them like, oh, we're reallystruggling.
We don't know if we're going tobe able to buy groceries the
rest of this month.
It was just like people fromour church just were like
inviting us over, and it wasjust so clearly God was showing
up and having this mercy on usto feed us, just simply feed us.
And so my faith has definitelygrown in just knowing that God
(21:15):
is good, he is faithful and hewill remain true to the things
that he has promised to us.
Speaker 1 (21:22):
Amen.
How can worldly, or doesworldly, financial wisdom
distance us from spiritualgrowth?
Speaker 2 (21:35):
How does it distance
us from spiritual growth?
Speaker 1 (21:37):
Does it?
Speaker 2 (21:41):
I think it can.
I don't think it has to ifwe're careful, because what we
will notice is that a lot oflike the quote unquote worldly
wisdom for our finances overlapswith a lot of the biblical
principles that we see aboutmoney, Having a budget, paying
off debt, saving for the future.
(22:02):
These are all things thatoverlapped in both of these
areas.
Where we can go astray fromjust pursuing our finances like
excellent money management froma biblical perspective versus a
worldly one is when we make ourfinancial goals the end all be
(22:24):
all Like.
The most important thing that Iam trying to achieve right now
is your financial goal versusyou know, asking God day by day
what would you have me do withmy money?
Putting together a plan to payoff debt is beautiful and
wonderful, and I help all myclients do that if they have
(22:45):
debt.
But there might be times whereGod is asking you that month not
to pay extra towards your debtbut rather to use that money to
give to your church or to dosomething else with.
We need to be in tune withChrist daily to hear from him
(23:05):
what he might have us do withour money.
That might not always alignwith worldly wisdom, so they
correspond well together.
However, we can be led astrayif we let just the worldly side
of things, the practical side,right, Just the yeah, it's
really good to just pay off debtand save money, but if we let
(23:26):
that cloud our vision for whatGod might be having for us, then
that's when it can lead usastray from our faith.
Speaker 1 (23:36):
How do you take
financial stewardship to
children of faith?
Speaker 2 (23:43):
I get that question a
lot because I mean me, I'm a
mother, we have a baby, and thenI have some foster children as
well, and so we ask thisquestion a lot too, like how can
we teach our children goodbiblical money principles?
And what I realized is that,whether you, as a parent, are
(24:06):
actually sitting down to teachyour kids about money or not,
you are teaching your kids aboutmoney because they will start
to learn from the way that youinteract and the way that you
talk about money.
All of these little instancesthat they are picking up on are
teaching them about money, andso the way that you treat
(24:27):
something like payday willimpact how your kids view and
use money in the future, and sowe have to be very intentional
about the way that we talk aboutour money, the way that we use
our money, the way that we giveto others, the way that we
budget.
We have to be intentional aboutthis so that way we can model
(24:50):
to our children how to glorifyGod with our finances.
So there's always a time and aplace to have a conversation,
but before you ever sit down andhave these conversations, just
think about the way that youmight be teaching your kids
about money before you actuallyeven talk to them about it,
because each interaction andaction that we have with our
(25:12):
money will teach them something.
Speaker 1 (25:25):
We kind of mentioned
this already when we spoke
before.
But what?
Speaker 2 (25:26):
does it mean to
glorify God with our finances,
taking it day by day andrecognizing that every dollar we
spend can be spent on ourkingdom, building up me, katie's
kingdom, or it can go towardsbuilding up the kingdom of God.
(25:47):
And now, that's not to say thatif you were to set aside money
to save for a house in thefuture or a new car or whatever
else you are pursuing, it's notto say that that isn't godly,
because actually the Proverbs 31woman is actually a really
great example of how to manageyour money, because she took
really good care of her family.
You know we read things like sheclothed her family in the
(26:08):
finest linens and she made surethat the oil and the lamp never
ran out, like she was diligentabout keeping things going in
her household.
So that's glorifying andhonoring to the Lord.
But again, if we prioritizethese comforts in life over
giving and building the kingdomof God through other avenues,
(26:32):
then we're missing out on awhole other aspect of our
finances.
So, yes, we need to prioritizeour families and our household,
but also, just like the Proverbs31 woman did, she provided for
her community and sought to fillthe holes where there were
needs within the individualsaround them, and so just keeping
(26:53):
your eyes open to where Godmight be tugging at your
heartstrings to fill needs, youknow what is it that God is
placing on your heart to do so,just asking him day by day where
he would want you to spendthose dollars.
Speaker 1 (27:11):
Why is it important
to think about what we do with
our money beyond tithing?
Speaker 2 (27:19):
A lot of individuals
think that being a good steward
starts and ends with tithing.
And yes, tithing is great.
It isn't necessary in order togain salvation.
I do believe that, asChristians, there is still a
place for tithing.
(27:40):
But tithing is reallyinteresting because I actually
believe that if we are trulygospel-centered, we will not
stop at tithing.
And tithing simply just meansgiving 10% of your income.
And so, first and foremost,just asking are you even giving
(28:00):
10% of your income to your localchurch If you're not make the
goal, first and foremost, toreach that and to get that?
But if you already are tithing,if you already are giving 10%
of your income to the church,start to stretch yourself to a
(28:20):
place where it feels reallyuncomfortable.
If you are giving 10% and it'snot feeling like a sacrifice to
you, where you're literallyhaving to ask yourself what do I
need to give up in order togive more to someone else in
need?
I would encourage and challengeindividuals to get to that place
, to feel a little bituncomfortable and then to allow
(28:44):
God to show up in ways that onlyhe can when we give more than
we think makes financial sensethe example of the widow in the
temple giving the two coins,when there were the Pharisees
who gave like tons and tons ofmoney.
You know, jesus saw this womanwho was giving just a little
(29:05):
amount as being more generousthan these Pharisees because she
was giving more sacrificially.
She gave like everything thatshe had, versus these Pharisees
who were giving large amounts,but maybe it was barely making a
dent into the amount of wealththat they actually had.
And so Jesus, I think right,there is challenging us to give
(29:29):
more to a place where this is it, this is all I have, God, here
is everything.
I'm dedicating it all to youbecause biblical generosity
really needs to be sacrificial.
We need to give something up inorder to gain more of the
kingdom of God.
Speaker 1 (29:47):
This last question
that I have kind of goes back to
what we discussed earlier whenwe mentioned the prosperity
gospel.
And the last question I have isis it okay to be rich as a
Christian?
Speaker 2 (30:03):
I think it is okay to
be rich.
I mean plain and simple.
I don't think that a Christianneeds to be poor or rich.
I think we can be in both campsand glorifying God.
But at the same time, I thinksomebody who is poor could still
be worshiping money.
And what that looks like is ifyou don't have a lot of money
(30:27):
and every day you wake up andyou're thinking about how to get
more money, how to just makemore, earn more, do more so that
way money can come in andyou're just pining after it day
after day.
That is someone who worshipsmoney.
Now a wealthy person could alsofall into that camp.
They're wanting more.
They're enslaved to the systemof their investments and their
(30:51):
job.
This is also someone who couldbe loving their money.
But at the same time, you canhave someone in both of those
areas who is strong andcommitted follower of Jesus
Christ.
Someone who's wealthy might belooking for new ways to
participate in the mission ofthe gospel being reached to
(31:13):
everybody, and so that is justas wonderful and honoring to God
as someone who has chosen tolive a life of poverty but still
committed to Christ.
And so it really comes down toour heart and where our heart is
at versus how much is in ourwallet.
Speaker 1 (31:34):
And I think a lot of
people probably have a different
definition for themselves ofwhat rich is and what that looks
like.
Speaker 2 (31:43):
That is so true
because us living in America, we
are some of the wealthiestpeople in the world, even if, on
a scale in the United States,we might be on the lower end
Compared to the rest of theworld.
We are living like kings andqueens, and so it's all about
perspective too.
That is such a great point thatyou bring up that we need to
(32:04):
recognize that the grass isn'talways greener on the other side
, right where we're at, we couldbe wonderful, and it really
depends on how we're spendingall of our money every day,
because it doesn't really matterhow much you're bringing in.
It matters more about how muchis going out and how much you're
spending and where you'respending those dollars, and so
(32:26):
we need to be very intentionalabout every dollar and how it's
deployed.
Speaker 1 (32:32):
How can people
connect with you and look into
connecting with you and yourschool that you have?
Speaker 2 (32:42):
Yeah, great question.
So I'd love to invite peoplefirst to the free Facebook group
that I run.
It's called Christian MoneyManagement, very simple.
You can find us there.
We'd love to connect with youin that group.
But if anyone is looking fordeeper help spiritually and
financially, you can check outmy financial school.
(33:04):
It's all online.
It's called redeeming yourfinances at
redeemingyourfinancescom.
I'd love to connect with people, jump on a call and see if
there is some way that I canhelp them.
We'll explore where you're at,where God is calling you, and
then if I can help bridge thatgap between those two places.
Speaker 1 (33:25):
And I always like to
ask my guests to give my
listeners a word of you know,wisdom or word of knowledge,
just to encourage them with youknow, with their like.
Today we're talking aboutfinances, with their finances.
Speaker 2 (33:42):
Yeah, my word of
wisdom would be no matter where
you're at right now with yourfinances, whether you have very
little and you're in lots ofdebt, or whether you feel like
you have a lot but you're stillstruggling with just managing
your money day to day, do notlisten to what the enemy wants
you to believe, which is thatyou are the only Christian who
(34:04):
is struggling with this.
Believer, you are not alone inyour financial struggle.
You are not the only one whohas battled this, and you have a
good good God who sees you andwho has walked before you and
has already defeated the battlethat you are on with your
finances.
The first step again isrecognizing that you need help
(34:27):
and getting and seeking out thathelp, and so I would just
encourage you to just reach outa hand to someone to help you
out of this place.
Let God pull you out of the pitthat you feel like you are in.
Speaker 1 (34:42):
Amen.
Well, Katie, thank you so muchfor coming on the show today.
We greatly appreciate havingyou.
Speaker 2 (34:51):
Absolutely, dorsey.
Thank you for having me, and Ijust pray that this conversation
blesses someone, amen.
Speaker 1 (34:57):
Well, guys and girls,
thank you so much for coming on
and for listening.
Please go and check out Katie'sinformation on her Facebook
page and go and check out mywebsite as well, at
wwwdorseyroeltshowcom, and giveit a like, give it a listen,
(35:19):
give it a review and until nexttime, god bless, bye-bye.