Rachel McDonough, Financial Advisor, on Stewarding Wealth with Head and Heart
The Finish Line Podcast
Rachel McDonough, Financial Advisor, on Stewarding Wealth with Head and Heart
The Finish Line Podcast
Listen to the Show
What We’ll Cover
Rachel McDonough grew up in Kenya as the daughter of missionaries, where she saw both deep poverty and the faith of parents who trusted God enough to follow His call across the world. Those early experiences planted a lasting conviction that every resource we hold belongs to God and can be used to bring life, freedom, and hope to others. After nearly two decades in wealth management, Rachel began asking a deeper question: what story is our capital telling?
In this conversation, Rachel shares how God led her to build Wealth Squared, a firm that helps families align their investments, giving, and financial plans with biblical values. She explains how impact investing can direct capital toward businesses that promote human flourishing, and discusses themes from her new book, The River and the Garden, which uses story to explore stewardship, family unity, and Kingdom impact. This episode offers a hopeful vision for using wealth as a tool to cultivate lasting fruit for God’s Kingdom, and invites you to consider where He may be calling your resources to grow.
Major Topics Include:
- Hearing and following God’s call
- Stewarding wealth as entrusted capital
- Investing as a moral and spiritual act
- Aligning portfolios with biblical values
- Distinguishing provision from impact assets
- Discovering your unique Kingdom DNA
- Using impact investing for human flourishing
- Building family unity around stewardship
- Integrating head, heart, and Spirit
- Finishing faithfully with resources God provides
Quotes to Remember
- “Capital tells a story.”
- “Even though I’m a small human with finite resources and a limited lifespan and limited dollars in the bank account, God can take something small, and if it’s surrendered to Him, He can do something way bigger than any of us could ever ask or imagine.”
- “There is both an opportunity and a responsibility of being a Christ follower who is holding on to the resources that God owns and has entrusted.”
- “Some businesses create goods and services that help human flourishing, and others create bads and disservices.”
- “Fruitfulness comes from obeying what God shows you to do, not from having the right strategy.”
- “There are some biblical principles that are universally true, but there are also unique pieces of Kingdom DNA wired into the heart of each person.”
- “Once I know how much is enough for provision, I get freedom to ask what the purpose of the remaining assets should be.”
- “The faithful finisher asks, ‘Lord, what else? I’m not dead yet.’”
- “We need to let our heads and hearts work together more in harmony and be led by the Spirit.”
- “Real unity is hard work, but it is deep and worthy work.”
- “I want to be Jonathan’s armor bearer for my clients. What’s in your heart to do? Let’s go take that hill.”
- “Faith-driven investing and impact investing right now is the revival that God has released on the earth.”
- “Find a financial advisor who wants to help you hear and follow God’s voice.”
Links from the Show
- Rachel McDonough and Wes Lyons on How Investors Are Taking Down Human Trafficking (see our past interview here)
- The River and the Garden by Rachel McDonough
- Wealth Squared
- Kingdom Advisors (see our interview with founder, Ron Blue)
- Eagle Freedom Fund (see out interview with cofounder Wes Lyons)
- Talanton
- Caleb Breakey, Founder of Renown Publishing (see our past interview here)
Bible References from the Show
John 15:5 | Abiding Bears Fruit
“I am the vine; you are the branches. Whoever abides in me and I in him, he it is that bears much fruit, for apart from me you can do nothing.”
2 Corinthians 9:10 | Seed for Sowing
“He who supplies seed to the sower and bread for food will supply and multiply your seed for sowing and increase the harvest of your righteousness.”
Matthew 4:19 | Fishers of Men
“And he said to them, ‘Follow me, and I will make you fishers of men.’”
Proverbs 20:5 | Deep Waters of the Heart
“The purpose in a man’s heart is like deep water, but a man of understanding will draw it out.”
John 6:1-15 | Five Loaves and Two Fish
2 Corinthians 10:5 | Taking Thoughts Captive
“We destroy arguments and every lofty opinion raised against the knowledge of God, and take every thought captive to obey Christ.”
Take A Step Deeper
But sometimes these stories can leave us thinking, “What’s that next step look like for me?”
That’s exactly why we’ve launched a whole new podcast called Applied Generosity which explores the full landscape of the generous life across 7 different dimensions of generosity.
Applied Generosity helps make sense of the hundreds of stories we’ve shared on the Finish Line Podcast to help you find that best next step.
If you’ve been inspired by these stories and want to take things to the next level, check out Applied Generosity anywhere you listen to podcasts or at appliedgenerosity.com.
Recent Episodes
Patrick Farrell, Cofounder of Keystone Investing, on Surrender in Faith-Driven Investing
Joanna Hogan, Founder and CEO of Inspire Generosity, on Reframing the Giver-Ministry Partnership
James Lenhoff, President of Good Sense Movement, on Freedom Through Defining Enough
James Waters, Founder of Kingdom Impact, on Balancing Prayerful Discernment and Strategic Analysis in Generosity
Teri Bledsoe, Board Chair of Women Doing Well, on Joyful Giving Through Suffering
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