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. […]

Vlog: 4 Steps to a Life-Giving Church Budget

Today I want to give you four steps to a life-giving church budgeting process. 1. Create a unifying church goal at the very beginning of the process. 2. Provide clear objectives for the work that will need to be accomplished in the next year. 3. Create an overall budget target as well as targets for […]

When Church Debt Is Overwhelming

What do you do when your church is in debt? Now I am not talking about just a little debt, but what do you do when you are carrying a debt load that is stifling? This is a heavy weight church leaders bear needing wisdom to successfully navigate.  First, let’s define a heavy debt load. […]

Episode 65: Smart Stewardship Solutions Increases Resources

In this episode of the Generosity Podcast, Todd McMichen is joined by Tim Cool, the Chief Solutions Officer at Smart Church Solutions and author of Why Church Buildings Matter and Plan 4 It. During their conversation they discuss how stewardship of physical resources actually increases generosity. Best Quotes “Stewardship means someone has entrusted something to […]

10 Clues To Know Church Debt Is Right

If you are one of my good stewardship friends and are cringing at the title of this blog, please forgive me and read on. Debt is a very polarizing issue, no one is really for it, but some are willing to leverage it. Then, others leverage it way too much and get into big trouble. […]

Rating Your Church’s Debt

Church debt can be a polarizing topic. Some are staunchly against it, viewing it as sin. While others are ok to engage some debt even though they would rather not. It feels necessary and practical. I have seen debt bind, divide, and kill a church. I have also seen it propel a ministry forward with […]