Articles for tag: Finances

The ABC’s of Financial Freedom

By Jerry Harris One of the top-selling books of the recent past by an independent Christian church writer is undoubtedly Barry Cameron’s The ABC’s of Financial Freedom, which has sold approximately 250,000 copies since its release in 2001. The book has helped hundreds of churches and thousands of people across America turn their financial situations around, and it has helped churches raise millions of dollars for kingdom causes. Through the ABC’s, readers have discovered biblical principles to help escape the burden and bondage of debt, enabling them to declare their financial independence. Churches have reduced their debt and improved their financial

ON-RAMPS AND EXITS: How to Help Your Children Reach Financial Freedom

By Barry Cameron The most visited museum in all of Scandinavia is in Stockholm, Sweden. It contains the world’s only preserved 17th-century ship—a Swedish warship built between 1626 and 1628 during the reign of King Gustav II Adolf, who is considered one of the great military minds in European history. The Vasa, built on the king’s orders as part of a military expansion during a war with Poland and Lithuania, was constructed from the timber of 1,000 oak trees; it had two gun decks with 64 bronze cannons and a mast more than 150 feet tall. The ship was covered

Get Creative with your Fund-Raising!

By David Girdwood Each summer, as temperatures rise and the daylight expands, our children begin dreaming of a commercial enterprise: “Mom, Dad, can we pleeease do a lemonade stand?” Personally, spending hours in the blazing sun selling just enough lemonade to cover the cost of the Crystal Light isn’t very appealing. We allow our kids to do it anyway. Why? Is it a rite of passage, a way to kill a few hours, an opportunity to teach an economics lesson? Or is it ultimately a chance for them to be creative, resourceful, and even to experience the generosity of others?

The Tyranny of Numbers

By Jerry Harris I live every day with the tyranny of numbers. It’s everywhere I look, around every corner, in every closet, reminding me of the truth, the oftentimes painful truth. When I get up in the morning, the tyranny of numbers is waiting on the bathroom scale display. It’s in my Weight Watchers app on my phone, in my budget, my bills, and my bank balance. As a pastor, I face the tyranny of numbers when I see last week’s attendance, the offering number, and the number of baptisms. I live with the tyranny of numbers when I look

Money Matters: Practical Tips for Fund-raising

By David Dummitt Whether you”re raising funds for a personal mission trip, planting a new church, or any number of other ministry endeavors, money is necessary to drive God-given dreams forward. In my experience, God has “come through” most dynamically through finances. I have found myself in a position many times where a vision was sure to fail, and yet God has always come through in huge ways. When it comes to fund-raising, we must pray like it depends on God and work like it depends on us. Pray hard. Work hard. Here are a few practical fund-raising tips I”ve

The Church Budget Shouldn”t Be This Hard!

How to Build an Effective Church Budget and Choose the Right Tool By Chris Boue Building a church budget can be hectic and complicated. Even if everyone agrees on how much the church should spend 12 months in advance, technical and administrative issues always seem to crop up. We send files back and forth, miss important email attachments, and lose track of the “right” version of that Excel file or tab. These types of problems can give everyone a bad case of heartburn. You know the budget process is going poorly when you hear statements such as, “I”ll just put

The Future of Finances in the Restoration Movement

By Doug Crozier It was late August 1972 when I walked into one of my first college classes at the University of Nebraska in Lincoln. Accounting 101 was in a lecture hall large enough to hold more than 700 students. I learned a lot from Accounting 101 during that first semester, even though the large lecture hall was intimidating to this small-town kid. One of the key fundamentals of financial accounting I learned is a simple rule: Total Assets minus Total Liabilities equals New Worth (or New Assets in the not-for-profit world). In the mid-1990s, when I went work in

Don”t Drop the Ball!

By Michael C. Mack A 2015 research study revealed that small group participants gave an average of $1,886 more per year to their churches than those not in groups. As a small groups guy, that statistic makes me smile. You”re probably not shocked by this finding. It makes sense that the more connected and involved people are in the life of the church, the more buy in they will have to the church”s vision and the more they will tend to give. But I think there”s more to it. LD Campbell, who was senior minister of First Church, Burlington, Kentucky,

Southern Acres Church Members Sue Lead Pastor

The Lexington Herald-Leader, whose November 22 article provided much of the source material for this post, has written a follow-up. Click here to read, “After lawsuit, more turmoil at Lexington church; Attorney expects pastor to be exonerated,” posted November 29. _________ Two members of Southern Acres Christian Church, Lexington, KY, have sued the lead pastor and his wife to block them from spending church money or making real estate transfers. In their lawsuit, members James Keogh and Chad Martin accuse lead pastor Cameron McDonald of concentrating power and financial authority among himself, his wife, and one staff member, according to

How Ministers Can Respond to Financial Pressures

By Michael C. Mack CT Pastors recently reported, “Today, 90 percent of pastors feel financial stress in their family and church work, 76 percent of pastors know other pastors who left the ministry due to financial pressures, 31 percent of pastors work a second job to help make ends meet, and almost 60 percent of pastors do not receive health insurance or retirement funds from their church.” We asked pastors: What would help, or what would have helped you in responding well to these circumstances? Here are a few of the responses: “Some problems, not all by any means, could

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