Is Your Budget Ready for Summer?
Every season presents unique budget challenges. Decreased giving is a common one when summer hits. The issues that accompany an ill-equipped budget can be acute. For example, what if your air conditioning system fails during a hot spell and you haven’t maintained a facilities maintenance reserve fund to cover that expense? Summer is just a month away. How do you know if your budget will be ready when it arrives? [read more]
11 Steps to Basic Budgeting
Cold sweat. Racing heartbeat. Clammy hands. For some ministry leaders – maybe even you – this is their reaction to hearing the word, “budget.” [read more]
Are You Prepared to Manage Increased Year-end Cash Flow?
If your ministry is one of the many that sees a giving spike at year-end, this is a question you must be able to answer in the affirmative. [read more]
Are You Thinking Strategically about the Season of Giving?
Whether your fiscal year runs from January 1 to December 31 or July 1 to June 30, chances are your financial picture as the holidays approach has turned out differently than you expected. [read more]
It’s Not too Late to Prepare for Summer Expenses
When summer comes, it can bring some budget-busting seasonal expenses with it. [read more]
Proactive Budgeting: A Biblical Response to Economic Uncertainty
As the Great Recession hunkered down and made life difficult for so many ministries around 2009 and later, stories started surfacing of churches and other ministries that learned hard lessons through those lean years and began managing their finances differently. One practice that began to gain traction was something that today could best be termed proactive budgeting. It has since proven to be a practical example of wise stewardship. [read more]