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 […]
Budgeting Blunders
There are some common budgeting blunders that plague many ministries, and these blunders are often associated with well-meaning individuals who unintentionally bring some bad budgeting practices to the table. Let me introduce you to Calculator Charlie, Sneaky Steve, and Sandbagging Sally. Calculator Charlie: Calculator Charlie appears to be really organized when he comes to the […]
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 […]