Episode 47: How Can a Pastor Fix His Own Finances, So He Can Lead With More Confidence?

Note: As we wrap up 2020, we will be revisiting our most popular podcasts of the year. This week we will start with our discussion with Gary Montgomery. In this episode of the Generosity Podcast, Todd McMichen is joined by Gary Montgomery, Executive Director of Compass-Kentucky. During their conversation, they discuss helping pastors move beyond […]

Common Financial Goals of Retiring Pastors

About three to five years prior to a pastor retiring, he usually starts thinking about what he wants to get completed before he walks out of the office on his very last day. Surprisingly enough finances tend to come into focus both personally and for the church. Here are the four major conversations I have […]

Why Giving Money Away Might Be Hurting Your Church

Occasionally, I will write a blog that seems counter-intuitive to what a generosity professional might be perceived to value. For instance, I do not believe that digital giving alone is a silver bullet solution even though I direct a department with a best in class platform. I also believe that the tithing message is very […]

Savvy Stewardship That Increases Generosity

In this blog I am going to reveal one of the biggest generosity secrets that only a few churches deploy. It is powerful in terms of how it helps advance the vision on many different fronts. Every church can leverage it and it will cost you nothing. I call it “savvy stewardship” and here is […]

Episode 70: Turnkey Legacy Ministry

In this episode of the Generosity Podcast, Todd McMichen is joined by Mike Prior, president of Financial Planning Ministry. During their conversation they discuss legacy giving and turning non cash items into dollars that fuel ministries. Best Quotes “There is an opportunity for our believers to be generous through that other 90% pocket – those […]

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 […]