The Freedom Podcast with Van Moody

In this episode of the Freedom Podcast Financial Edition, Dr. Van Moody and Pastor George B. Thompson welcome Deric Jackson, Community Home Lending Advisor at Chase Bank in Birmingham, Alabama, for a deep dive into homeownership as a wealth-building tool.Setting the StageDr. Moody opens with a striking statistic from the Federal Reserve: the typical home-owning family has a net worth around $400,000, compared to roughly $10,000 for renting families — a 40x wealth gap. Pastor George adds that this gap isn't just financial but psychological, describing how ownership shifts mindset from "spending" on repairs to "investing" in an appreciating asset. He draws on his own experience watching some California neighborhood property values climb from around $200,000 to nearly $1 million.Five Practical Steps to HomeownershipGet your financial house in order. Know your credit score, understand your checking/savings position, and have a "kitchen table conversation" with your spouse before approaching a lender. Deric walks through Chase's process: application, credit pull, and verification of income and assets — including the concept of "seasoned money" (funds that have sat in an account long enough to show financial stability).Know your true number and save on purpose. Rather than maxing out a pre-approval amount, buyers should calculate down payment and closing costs (roughly 3% for conventional loans, 3.5% for FHA, plus ~2% for closing costs) and build in "wiggle room" so mortgage payments don't consume the entire budget.Get pre-approved, but understand your mortgage before signing. Pastor George warns against the negative-amortization and interest-only loans that fueled the 2008 crash, urging buyers to understand fixed vs. adjustable rates, loan terms, taxes, and insurance. Deric explains escrow accounts and how lenders can bundle tax and insurance payments into the mortgage.Buy what you can keep — not the most you qualify for. Becoming "house rich, cash poor" is a common trap. Deric shares that Chase deliberately coaches customers to buy below their maximum pre-approval and offers post-closing seminars (led by community manager Gino Gardner) to help new homeowners manage their finances after closing. Chase also does not charge prepayment penalties, so buyers with extra room can pay down principal faster.Build equity, protect the asset, and pass it on. The group ties everything back to generational wealth — buying within one's means, paying down the mortgage intentionally, and eventually using equity to acquire additional properties or pass the asset to the next generation.Closing ThoughtsDeric emphasizes that education is as important as equity in building generational wealth and encourages listeners to surround themselves with people who support their homeownership goals. Pastor George closes by tying homeownership to his broader teaching on generational wealth — that today's ceiling should become the next generation's floor.Guest info: Deric Jackson, Chase Bank — serves the River Chase, Downtown Birmingham, and Crossplex branches.Find the hosts: georgebthompson.com | vanmoody.org | worshipcentercc.org

In this episode of the Freedom Podcast with Dr. Van Moody and George B. Thompson we discuss money mindset and management. They discuss developing your MIND (Money, Intelligence, Need, and Discipline). By working on our money mindset, we are working on being good stewards of what God has given us.

This month, Dr. Van Moody and Financial Maven George B. Thompson follow up their discussion on financial loves languages with the importance of financial intimacy in your relationships! Knowing your financial love language and that of your partner will help you grow in intimacy, as well as in your financial goals. Making financial decisions together matters and will lead to healthier relationships! George and Dr. Van give practical advice on how to be financially intimate with your partner by setting goals, making plans, to achieve financial freedom.

This episode was recorded live at a Smart Money Saturday event, hosted in partnership with Chase Bank. Bishop Van Moody is joined by co-host Pastor George B. Thompson (certified financial planner) and special guest Dr. Chandra Williams (Chase community development manager/bank executive) for a recap and deeper dive into the day's teaching on budgeting, financial planning, and building generational wealth.Key themes:Values drive spending. Dr. Williams opened the live event by connecting financial habits to personal values, encouraging attendees to put their spending on paper and identify opportunities to create margin.Discipline is the #1 wealth-building habit. Both guests pointed to discipline — especially resisting the pressure of social media comparison — as the biggest differentiator between those who build wealth and those who don't.Have a plan and stick to it. Pastor George identified "believing the hype" (chasing what looks good on social media instead of following one's own plan) as the most common mistake among well-intentioned, faith-driven people.Urgency for communities of color. The group discussed why financial literacy is especially urgent now — citing rising cost of living, shrinking promotion pathways, and the importance of surrounding yourself with the right financial influences ("iron sharpens iron").Chase's community investment. Dr. Williams highlighted Chase's workforce development partnerships, livable-wage commitments, and the American Dream Initiative's work in the South.The "BAIL" system. Dr. Williams shared her personal framework for financial advisors everyone should have: Banker, Accountant, Insurance agent, Lawyer — framing these as investments and forms of stewardship, not expenses.Next 30 days — action steps. Listeners were challenged to revisit their budget worksheet, set one SMART goal, look for "found money" in their spending, and consider monetizing an existing passion if increasing income (not just cutting expenses) is the better path forward.Announcements:Additional Smart Money Saturday events planned throughout the year, plus a new Smart Money/WIN (Wealth, Income, Networking) business event coming to Los Angeles in October.Launch of a new Freedom Financial Freedom app featuring an AI financial coach, debt payoff and savings tracking, a financial education library, and a secure digital legacy vault.Closing: The episode ends with contact info for Pastor George (georgebthompson.com) and Dr. Williams ([email protected]), and a prayer of gratitude for the partnership between the ministry and Chase.Find the hosts: georgebthompson.com | vanmoody.org | worshipcentercc.org

In this episode, host Dr. Van Moody is joined by co-host Pastor George B. Thompson — financial planner, pastor, and self-described "money maven" — for a candid conversation about one of the most common fault lines in marriage: money. With roughly 50% of marriages ending in divorce and finances cited as a leading cause, the two dig into practical, faith-rooted strategies for couples to get on the same page financially.Anchored by Amos 3:3 — "Can two walk together unless they have agreed to do so?" — the episode frames financial unity not just as a money issue, but a relationship issue. The hosts walk through five steps to build financial unity at home:Start with vision, not Venmo. Before tracking dollars, couples need a shared picture of where they're headed — whether that's a family vacation, a home, or an early retirement. Pastor George uses his own family's trip planning as an example of how vision turns money conversations into something everyone gets excited about.Establish weekly money conversations. Short, regular check-ins at the "kitchen table" keep couples aligned and prevent small issues from becoming explosive emergencies. The key: make these conversations routine and low-stakes, not reactive and high-drama.Choose a debt freedom strategy together. Complaining about debt isn't enough — couples need a unified plan to tackle it. When one partner saves while the other spends, both lose. The hosts highlight how operating financially as "married singles" costs couples in taxes, investment growth, and long-term wealth.Set boundaries with friends and family. From gift budgets to helping out relatives, spending decisions that go unspoken — or happen behind a spouse's back — amount to what the hosts call financial infidelity. Boundaries have to be set collaboratively, and Pastor George shares how his family pre-decides how much to spend on birthday parties, charity, and travel.Build a legacy plan as a couple. From insurance and beneficiaries to retirement timelines and estate planning, the "day after tomorrow" conversation is one too many couples avoid. Dr. Moody shares a real counseling example of someone who wanted to retire at 47 but hadn't considered how that goal would affect her household budget or her husband.The episode closes on a warm, personal note — both hosts reflecting on how much their own marriages benefit from being financially in sync, and Pastor George coining the term "financial intimacy" to describe what it looks and feels like when two people truly pull in the same direction with money.Find the hosts: georgebthompson.com | vanmoody.org | worshipcentercc.org

What This Episode Is AboutDr. Van Moody and Pastor George explore the rich tradition of Black wealth-building and how to honor that legacy through biblical stewardship. They share five practical steps to create a God-honoring legacy that goes beyond money.Key Scriptures: Luke 12:48 | Deuteronomy 8:18 | Matthew 25:14 | Proverbs 13:22Five Steps to Building a God-Honoring Legacy1. Define Legacy Beyond MoneyPass down three things: Faith, Wisdom, and Finances. The average inheritance lasts less than 11 months when you only pass money. Knowledge is more valuable than money alone.Key idea: "My ceiling should be the floor for my kids"2. Tell the Story, Then Build the StrategyShare your family's financial journey with the next generation. Teach through real-life examples and stories. Don't just hand over money—teach the "how" and "why."3. Move from Income to AssetsShift from earning money to owning things that generate income. Build multiple streams of revenue. Teach your children the difference between working for money and money working for you.4. Put Your Stewardship in WritingDocument your financial plans and goals. Involve family in planning sessions. Show both the plan AND the execution—let kids see bills being paid, maintenance handled, and decisions made.Example: Use vacation planning as a teaching moment about budgeting and priorities.5. Tie Wealth to Mission, Not EgoConnect wealth-building to kingdom purpose. Love people and use money—don't use people and love money. Make room for giving and community impact.Remember: You're blessed to be a blessing.Connect with the HostsPastor George B. Thompson: georgebthompson.comDr. Van Moody: vanmoody.org

Welcome to the January 2026 edition of The Freedom Podcast! Join Dr. Van Moody and Pastor George B. Thompson as they kick off the new year with powerful insights on aligning your finances with God's purpose for your life.Episode HighlightsIn this episode, Dr. Moody and Pastor George discuss why your financial goals should be more than just numbers—they should be connected to God's assignment for your life in 2026. Drawing from Proverbs 16:3, they explore how to commit your plans to the Lord and allow Him to establish your path.The 5 Steps to Setting God-Honoring Financial Goals:Start with Prayer, Not a Calculator - Begin the year seeking God's wisdom and revelation about your finances, relationships, and purpose. Consider joining a 21-day fast to set the spiritual tone for your year.Clarify Your Kingdom Assignment - Identify your roles this season (spouse, parent, business owner, ministry leader) and ensure your money aligns with how you serve. Remember: your priorities are revealed by your bank statement and your time.Write Clear, Measurable Financial Goals - Set specific targets for debt reduction, savings, investments, and giving. As Habakkuk 2 reminds us, write the vision and make it plain. Include individual goals, marriage goals, and family goals.Build a Budget That Matches Your Mission - Align your spending plan with your written goals. Count the cost before you build, just as Jesus taught. Your budget should reflect what matters most to you and your family.Create a Rhythm of Review and Adjustment - Schedule monthly family financial check-ins to stay on course. Make adjustments early and often—small course corrections are easier than major overhauls.Key TakeawaysKitchen table conversations are essential for family financial successInclude children in age-appropriate financial discussions to prepare them for future decisionsBe flexible and make financial planning fun, not stressfulRemember that God gives us the ability to create wealth (Deuteronomy 8:18)Monthly reviews help you make small adjustments before getting off trackSpecial InsightsPastor George shares wisdom about "not running out of fuel upon descent"—planning ahead so you can finish strong in your financial journey. Dr. Moody provides a powerful real-life example of how his family navigated college decisions using transparent financial conversations.

Join Dr. Van Moody and Pastor George B. Thompson for this timely Financial Freedom Edition as they guide you through a powerful year-end financial checkup. With the holidays approaching and a new year on the horizon, now is the perfect time to reflect on your financial journey and set yourself up for success in 2026.In This Episode:The Five Essential Steps for Your Year-End Financial Review:Review the Year with God, Not Just the Numbers - Learn why celebrating small wins builds momentum for bigger victories and how to acknowledge God's faithfulness in your financesCount Your Blessings Before Your Regrets - Discover the transformative power of gratitude and why perspective matters more than circumstancesFace Your Debts with Faith and a Plan - Get practical guidance on the "Do Good" (Get Out Of Debt) process and why intentionality is keyAlign Your Budget with Real Priorities - Understand why a budget isn't restrictive—it's actually the pathway to true financial freedomSet Guardrails Before Holiday Spending Hits - Protect your progress with smart strategies for navigating holiday expenses without starting 2026 in debtKey Highlights:Why kitchen table conversations during the holidays can transform your family's financial futureThe difference between spending on your children versus investing in themHow to break free from consumer culture and focus on what truly mattersPractical tips for thoughtful gift-giving without breaking the bankTeaching generational wealth principles to your familyWhether you're just waking up to the need for better financial management or you've been on this journey for years, this episode provides actionable wisdom to help you finish the year strong and enter 2026 with confidence and clarity.Scripture Foundation: Psalm 90:12 - "Teach us to number our days that we may gain a heart of wisdom"