The Spending Side of Stewardship: How Are You Doing?
During the Great Recession, many ministries experienced an unfamiliar reality: dramatic income declines. Those that didn’t respond by quickly cutting expenses learned some key stewardship lessons the hard way. One was that it’s much easier to stay on mission when you build a healthy budget and stick to it. Do you wisely plan and diligently monitor your spending? Here are some tips to help you stay on track. [read more]
Financial Mistakes Your Church Can’t Afford to Make
Last time we talked about reasons to rent versus buy your facilities. One reason to rent is to avoid incurring debt that could force you to curtail core ministry. Turns out that tendency is more common than it should be. A few years ago, as we were emerging from the Great Recession, ChurchLeaders published Top 10 Financial Mistakes Churches Make. “Acquiring Unmanageable Debt,” was one practice that proved to be unwise when the economy shifted. A more recent article, 10 Mistakes Churches Make with Money, includes the same error. Apparently, some have been slow to learn that lesson. [read more]
Build or Buy: Is One of these Really Your Best Option?
Owning your own home has been the desire of many American families for generations. But if ever there was a time for your heart to get ahead of our head, this is it. You want that home so badly that you either fail to see key factors that should be considered or you ignore clear signs that this isn’t the right choice for you today. This dynamic has also been in play at many churches and other ministries. [read more]
Living Outside the U.S.? Don’t Take Banking for Granted
The to-do list for missionaries preparing to live abroad is long. Many items on the list are routine. But these days, banking isn’t one of them. Several laws passed in recent years have made some banks in the U.S. and abroad skittish about serving American citizens living outside the States. Some people have had difficulty opening accounts; others’ accounts have been closed. [read more]
What do global missions thought leaders really think?
In a recent survey by Missio Nexus, more than 160 CEOs of global missions organizations shared their insights on the state of missions worldwide—both personally and organizationally. Missio Nexus compiled the results and created this Missiographic from the full report, providing a snapshot of what’s going on behind the scenes in missions around the globe. [read more]
Why Is People’s Motivation for Giving Important?
It’s a long-standing tension in Christian circles: What motivates people to be generous? Is it duty? Discipline? Response to God’s generosity? A recent study by Barna Group reveals some helpful insights into the question of why people give. For church and ministry leaders, these insights amount to a call to discipleship, helping people better understand who they are in Christ and why giving is vital to their life in him. [read more]