Because a pastor’s finances can be different from another person’s finances, I have often asked older and wiser pastors for counsel on managing personal finances. According to the apostle Paul, managing the home is no small matter for a pastor, and this includes our personal stewardship. “If anyone does not know how to manage his own household, how will he take care of God’s church?” (1 Tim. 3:5).
In some ways, pastors are different because we can claim a housing allowance and also opt out of paying into (and receiving benefits from) Social Security/Medicare. But in other ways, we are not any different from other believers. We are responsible to provide for our families and also challenged by the Lord to be generous in our giving. I am not a financial guru, so I would encourage you to confirm any moves with an adviser, but here are six of the best pieces of financial counsel I have received. Keep reading
Also see
13 Ways You Waste Your Money
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