Todd McMichen

Exposing Hidden Flaws of the “Vision-Based Budget”

Let’s talk about a sure fire way to create financial pressure and underfund ministry. It is the common practice of “Vision-Based Budgeting.” Now, I am a huge advocate of vision clarity. Vision work is absolutely generosity work. But let me expose this common concept of “Vision Based Budgeting” and the hidden flaws associated with it. […]

Vlog: The Pitfalls of Vision Based Budgeting

Vision work is generosity work. Vision is really important. But vision-based budgeting is really dangerous and it doesn’t often accomplish what we think it does. Typically vision-based budgeting describes a process in which a budget figure is larger than seems reasonable. This leads to an actual result of financial pressure and underfunding. Before you begin […]

4 Steps to Create a Life-Giving Church Budget

The yearly budget preparation process is quite possibly one of the most dreaded seasons of the year for a pastor. He is immersed in a world of numbers, financial terms, spreadsheets, and hard financial decisions that can feel very foreign to his seminary training. A pastor’s sweet spot is people, words, the Bible, and ministry. […]