Even though there are more churches than ever before in the history of America facing financial problems, there is no simple, quick-fix formula that has proved always to work to reverse financial difficulties. The most obvious thing that pastors, staff, leaders, and congregations should do first is to pray for God’s wisdom and direction. Along […]
Every church should establish and operate on a budget. Not only is it a useful management tool, but a budget can help pastors teach stewardship to their congregations. By preparing and presenting a budget to the congregation, pastors help their congregations realize that they are responsible for giving to God. They also learn what the […]
Over a 50-year span, the average American spends about 100,000 hours working. A major part of adults’ lives is involved in work, but often with the job comes some degree of dissatisfaction. Perhaps no statistic demonstrates dissatisfaction more than job-hopping tendencies. A recent survey discovered that the average American man changes jobs every four and […]
A commonly asked question from Christians seeking advice on financial matters is, “How can I find good Christian counsel?” Perhaps even more fundamental would be the question, “How can I tell when I find good Christian counsel?” Limitations in finding good financial counsel It is very difficult to receive unbiased advice from someone who is […]
Matthew 21:12 describes an event when Christ drove the moneychangers out of the Jewish Temple of worship in Jerusalem. What motivated Jesus to do this or to display this more intense side of His personality? Why did He do this when it seemed obvious that the moneychangers and sellers of animals were meeting a need […]
Consumer debt is at an all-time high. What’s more, record numbers of consumers are filing for bankruptcy. Sometimes when money is borrowed, lenders will require that loans be secured. Subsequently, from time to time even with the best of intentions, the financial responsibility for payment on a secured loan cannot be met on time. When […]
Obviously, there is no such thing as a Christian business. A business is a legal entity, such as a corporation, partnership, or proprietorship and, as such, has no spirit or soul. It may, however, reflect the values of the principal owners or managers. It is the reflection of these values that determines whether a business […]
Rising education costs In 2006, the average cost of a 4-year private college education broke the $30,000 mark. This is the first time the average education costs have reached that point. For the past several years, costs of college education have increased faster than inflation. If this trend continues, and if parents intend to pay […]
In light of the signs pointing to what some are calling the “economic crisis of a century,” an “economic Pearl Harbor,” or a “financial tsunami, including the collapse or near collapse of some of largest financial institutions in American history, I believe we all have reason now to ask: “What can I do to help solve this problem?” […]
by The Christian Financial Planning Institute Fear should never drive investment decisions. The smarter move is to stick with a portfolio that’s well diversified and that reflects your long-range financial goals, risk tolerance and personal circumstances. Should you be bulletproofing your portfolio for wartime? That’s the recommendation of some “investment advisors,” and some investors are […]