Over the recent past, I have had the opportunity to have many conversations with a cross section of people about their individual financial situations. That is not unexpected when you are serving as the CEO/Administrator of a Pension Plan, served for more than a decade in the financial services industry, and in ministry. One of the primary questions asked is, “Am I (Will I be) in a […]
How Did We Get to Where We Are?
The relationship between Social Security and those serving in ministry has been a difficult and confusing one. Should ministers opt out of Social Security or not? Until 1951, those serving in nonprofit organizations were not allowed to participate in the government sponsored program.
In that year things changed, and ministers were given the option of entering the Social Security system. Unfortunately, […]
On Saturday August 12, the daily news cycle was consumed by the events in Charlottesville, Virginia. As the clash between white supremacists and counter protestors intensified, a normally peaceful city became the center of world media reports. It remains there as of this writing.
Exchanges between people of faith have become testy at best. Followers of Christ are judging one another’s faithfulness on a) whether their condemnation of […]
If you fail to plan, you fail…
Both Benjamin Franklin and Sir Winston Churchill have been credited with the oft repeated proverb, “He who fails to plan is planning to fail.”1 Approximately 2000 years ago, Jesus spoke of the wisdom of thinking clearly about the future. He said no one would attempt to build a tower without a solid estimate of the cost and no king would go […]
Last week, we began by looking at a 2015 survey that analyzed the personal financial situations of more than 4,000 pastors across the USA. Grey Matter Research & Consulting concluded that an alarming number of pastoral families suffer financial stress.1 More recently, GuideStone Financial Resources released a report detailing four mistakes ministry families commonly make that sabotage their financial well being.2
Whether someone labels mistakes as sabotage or […]