Thursday, December 11, 2014

Budgeting Beyond the Basics: Managing Your Church’s Money


Whatever size church you lead, you can manage its finances effectively without sacrificing your vision and mission by following these proven principles.

A new pastor arrives, and the church is excited!

The church had gone through a very difficult experience in losing their previous pastor. Emotions were raw; there was still much pain and division, but the church was now hopeful and enjoyed the possibility of focusing on the future rather than dealing with the issues of the past.

The new pastor was excited about his new assignment. He knew the turmoil that the church had recently gone through, but he felt in his spirit that God had called him to help bring health and healing to this church.

However, what he did not realize was just how frail the financial situation had become. The search committee did mention this briefly in the interview. Yet he didn’t fully understand the gravity of the situation until he had to hold payroll checks over the weekend, waiting to deposit the next offering. He quickly saw the need for a system upgrade for managing and deploying the finances.

I was that pastor. And I was quickly educated in “beyond the basics of budgeting” during my very first payroll cycle!

My initial concern was how in the world I would ever achieve the vision and mission God had put in my heart for this church if we didn’t have enough money.

Have you ever experienced that same fear?

Let me assure you, whatever size church you lead, you can manage your finances effectively without sacrificing your vision and mission. Managing your budget is one of the most effective ways of aligning the finances with the vision.

When it comes to church finances, most people are concerned about the same things. Board members, employees, ministry leaders, and attendees ask the same question that reflects the same concern: What is the state of the church’s finances? Read more

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