Tuesday, July 18, 2017

Should a Church Have Financial Reserves?

Almost all personal financial experts will tell you our families need a financial reserve of several months’ income to weather unexpected challenges. I lead an organization where we seek to have some level of financial reserves for contingencies and capital expenditures.

On the surface, it would seem that a church should have financial reserves if at all possible. But there are implications that argue both ways on this issue. Let’s look at eight of them. Read More

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