My experience working with ministers is that for many, developing a church budget is a necessary, yet stressful and time-consuming exercise. People resist or even fear the topic because of seemingly complicating processes or past negative experiences. Even with personal finances, many people grow up learning that developing a budget is good practice but a constraining activity designed to prevent or control people from doing all of the things they want to do.
So, why spend the time working on the church budgeting process? Below are six benefits:
Church Budget Benefits
The budget is the plan and tool that will help you…
- Connect resources to parish priorities
- Create a plan to allocate money coming into the parish and expenses to be paid
- Ensure that plans stay on track
- Empower effective financial decisions
- Bring collaboration, communication, and buy-in
- Strategize for the future