Articles for tag: Budgeting

How to Prepare for a Financial Storm

By Darren Key and Mike Kocolowski Managing church finances can be like preparing for a hurricane—it’s best to have a plan in place before the wind starts to spin. That way, if the worst-case scenario develops, you’ll be prepared to weather the storm.   Faith and Finances We have consulted with hundreds of churches on financial issues over the last three decades, and we know that managing a church’s cash flow is tricky. Seasonal cycles, unexpected events, and the inherent irregularity of income and expenses add to the complexity. For these reasons, keeping ample reserve funds is critical to your

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