If you are like most of us leading ministry organizations, you are budgeting by faith for 2021. Illnesses, job losses, and the disconnection due to not gathering have all had negative impact on giving and have increased uncertainty about the future. You may have had...
Most church leaders have a general sense of budgets just based on household examples, e.g., “We have X amount for rent, Y amount for food, and Z amount for insurance.” As anyone who has run a household knows, setting and sticking to a budget is essential for long-term...
When I coach people in the area of their finances, I like to use the image of a water tank. Water comes in at the top and out at the bottom. The water level in the tank signifies cash in the bank. Positive cash flow means that the water level is rising: there is more...
I am increasingly surprised by the number of people who haven’t been planning for retirement. As I have conversations with people that are approaching retirement age, many are not prepared financially. They are stuck; they don’t have sufficient income to...
For many people, the way they spend their time isn’t consistent from week to week or even month to month. Some people are bi-vocational or have a trans-local ministry that requires more time during one season and less during another. They may have two or three...
