Budgeting Tension: Growth and Shrewdness

Budgeting is a great time to develop a plan, with the right leaders, for spending. I prefer approaching budgeting with a growth mentality. If you do so, your budget will be bigger than it was the previous year. A growth budget is a step of faith, but wisdom will require you to have a plan […]

Church Finances 101: Strategic Budgeting

Often budgeting can digress into a time of mindless regurgitation of last year’s budgeted amount, when a pastor/director simply slides the amount in each line item over to a new budget or does some slight rearranging. However, it instead can be a time for robust discussion around mission and strategy. After all, your budget is […]

Church Finances 101

We are in budgeting season at LifeWay for our next fiscal year, which begins in October. This is my first time going through the budgeting process at LifeWay. And while there are more zeros involved, I am finding many of the same principles I learned in church ministry to be true in this environment. I […]