Paying attention to personal finances is an important part of self-care for clergy and their families. Personal finances can have significant impact on all areas of life: personal relationships, future retirement, education, recreation, growth in faith, and ability to effectively serve the church. Money can be a tool for good or ill. Be intentional to allow it to work intentionally towards God’s glory and your ability to flourish.
Majority of Pastor’s Suffer in Silence over Financial Challenges
An informative article by the National Association of Evangelicals (NAE) about the state of clergy finances and struggle of clergy to discuss their financial needs. (article)
Five Things You Should Know About Pastors’ Salaries
Thom S. Rainer
“In my 25 years of consulting and working with churches, I have discovered five common issues that are not always known by most church members. And lack of awareness of any one of these issues can have a detrimental impact on fair compensation for the pastor.” (article)
Seven Standards of Responsible Stewardship
The Evangelical Council for Financial Accountability. There are a number of financial resources available including clergy taxes, clergy social security, compensation data, podcasts, webinars and much more. (web site)
Five Conclusions about Money from Jesus Back in May, we explored five conclusions about money from the Old Testament. In that article, I claimed that there was consistent theological truth around money from Genesis to Revelation. Since we looked at five conclusions...
Celebrating every time a disciple makes a disciple and the church multiplies itself until there is a transforming presence in every zip code.
Ron Blue Institute
Offers a number of video resources on the subject of debt, decision-making, mortgages, credit cards and much more. (web page)
Clergy Financial Health
The Thrive Financial Initiative (TFI) is a program designed to help pastors overcome economic challenges that affect ministry effectiveness. Working together, the pastor and key lay leaders in a local church collaborate to provide extra funds or resources to support the pastor, complete required financial learning journeys that will help the pastor and the local church, and receive a matching grant. TFI is a program of the Education and Clergy Development Division of The Wesleyan Church with the help of a generous grant from The Lilly Endowment. Any pastor serving in a local church in the denomination can participate. Districts may also create some custom approaches to TFI. TFI’s aim is to promote thriving clergy, thriving congregations, and thriving communities.