By Denise Craig, CAE CCA Church salary increases are not keeping up with the rate of inflation. For ministry employees, this means the money they are bringing home, even if it is more than it was last year, isn’t going as far as it used to. As costs of housing, groceries, and other household costs […]
Read More >
By Angela Park In today’s fast-paced world, we use technology in almost every area of our lives. So, it makes sense to use technology to manage our personal finances. With the correct tools and skills, it has become easier for anyone to manage their money with an online program or mobile app. Using technology […]
Read More >
CFX 2024 will focus on church AVL, church building projects, church safety, and facility stewardship — all under the same roof Church Executive: Who is the target audience for the educational offerings at CFX? And for new attendees, what kind of experience can they expect to have at the event? Stephanie Lippi: At CFX, our […]
Read More >
Ensure that your church’s bank deposits are safe…no matter which bank you use! By Mike Batts, CPA Remote work is still a strong force after the COVID-19 pandemic, with many businesses allowing their employees to work remotely. Remote work’s lingering reality has significantly reduced the demand for commercial office and business space. The resulting increase […]
Read More >
By Rev. James Cook, CFP®, RICP® Becoming a homeowner is an important financial goal for many people and is viewed as a significant “step up the financial ladder.” But if you have never purchased a home before, the decisions and process can seem daunting. In this article, we will give a general overview of […]
Read More >
Summer is a busy season filled with travel plans, vacations, and shifting schedules. However, amidst the hustle and bustle, it’s important to remember that even when we’re on vacation, your mission isn’t on pause. Wherever life takes your community this summer, you’ll want to make sure that your church and the gospel message are only […]
Read More >
Churches desiring to employ an audit with respect to their financial operations may opt for various approaches depending on their size, scope, and complexity. By Mike Batts, CPA Audits are conducted by parties who are either external or internal to the church. Smaller churches use internal accountability processes typically performed by members of the churches’ […]
Read More >
Managing your money as a couple By Alex Kim When Jessica and Zach first got engaged, they opened a joint bank account to save for their wedding. They each agreed to put in a certain amount from their paychecks each week, and they easily settled on a budget that included the wedding dress, how many […]
Read More >
Does my church really need them? From Thrivent Church Financing We talk to church leaders every day. Our team understands your concerns about meeting your ministry’s needs today and tomorrow. We’re going to set out to convince you that saving for a “rainy day” is being a good steward — and generous and wise […]
Read More >
By Jeff Harvey, Content Strategist Every church administrator knows the importance of strategic budgeting — as well as the risks of running a ministry without one. Good budgeting can help your church fulfill its mission, while poor budgeting (or no budgeting at all) leads to confusion, canceled projects, and even church closures. Your church has […]
Read More >