Getting the most from the smaller spaces in your church By Steve Siebert There was a time when churches could acquire existing buildings or land for low prices and renovate them at a fraction of today’s costs. Today, however, the cost per square foot for both acquisition and renovation has increased significantly, making it […]
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5 strategies to implement in your church You don’t have to be an insurance expert to know that churches are facing unique challenges with their insurance in recent years. Many well-documented factors are driving these challenges, including catastrophic weather events and rising costs — both of which are out of a church’s and insurance carrier’s […]
Read More >A better question is: Why were churches blindsided by one of the most severe hard-market cycles in recent memory? It was this downturn that led to non-renewals and higher rates. Maybe the answer lies in churches’ DNA. Most churches don’t think of themselves as businesses or entities susceptible to market cycles. By and large, they […]
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By Rev. James R. Cook, CFP®, RICP® You might have heard retirement referred to as “the golden years.” Some people view retirement as a chapter in life when they can spend more time with family, on leisure travel, or starting a new hobby. Some retirees engage in activities they’ve always wanted to do but […]
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By Peter Mahler Over the last six to 12 months, churches across the United States have been noticing significant increases in their insurance premiums. Inevitably, leaders start to shop around for a more affordable policy — only to find that rising prices are everywhere. So, it’s a trend — not a specific company’s individual practices. […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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