Anyone looking for a masterclass in finance simply needs to read the book of Proverbs found in the Old Testament of the Bible. There are well over 100 references to money, wealth, prosperity, poverty, and contentment. Recently, my wife and I spent time re-reading these timeless words of wisdom, and …
church budget Articles and Interviews (tag)
Church Budget: The Need For Commercial Insurance
Here's a fun question for the leaders in your church: what's the worst thing imaginable that could happen to your church? And if that happened, how would the church respond? The list of horrific things that could happen probably mounts pretty fast: things like a fire that partially, or worse, …
Is Your California Church Ready for the Minimum Wage Increase on January 1, 2024?
Living in California is filled with perks. The Golden State boasts over 840 miles of coastline with more than 420 public beaches. If you don't like the beach - it's not a problem; about a fourth of California, 25 million acres, is made up of dessert. If that sounds too dry and hot, the mountain …
Church Budget: Salary Increases
By now, most church leaders know that compensation is typically one of the most significant portions of the budget pie. The typical, healthy church spends somewhere between 45%-55% on compensation costs. For clarity purposes, compensation includes: Sadly, churches and non-profits are often …
Church Budget: A Great Tool, But Horrible Builder
I've never been a skilled carpenter, but I really want to be. I take on a lot of DIY projects around my house, but I often hit points in the project where the job is beyond my skill set. I've even started to purchase better tools like a nail gun, jigsaw, and drill press. There is no doubt in my mind …
A Strategic Way For Churches To Capitalize on Pre-Holiday Giving
Approximately $936 billion (yes, with a "b") was spent in the United States on Christmas gifts in 2022, up almost $47 billion from Christmas 2021. That's a lot of money out there, and the competition for every dollar gets tougher every year. It would be nice to get past Halloween before the stores …