Now that 2020 is in the rear-view mirror, we look with hope and optimism to a better year ahead. Start out the new year right by making some personal and household financial decisions that can help put you on more-solid ground. From msn.com.
Year-end tax planning tips to help family finances
This past year has been a real doozy, with a pandemic, an economic roller coaster and a grueling election cycle. And yet the tax year will still close in just a few days. Forbes magazine has compiled a number of tips to help you end the year tax-smart. (Photo: Got Credit, Creative Commons)
Last-minute tips to stay within your Christmas budget
Two weeks out from Christmas is no time to forget about your desire to stay on budget for your holiday spending. Even if you’ve already spent more than you planned, these tips from Laura Greutman will help you from straying further. (Photo: Maitree Rimthong, Pexels.com)
Here’s a checklist to close out your financial year
To say that the end of the calendar year is a busy time for church financial departments is an understatement. This checklist of calendar year-end financial tasks will help you stay on track and be organized in 2020. From CapinCrouse. (Illustration: AJ Cann, Creative Commons)
Eight tips for church finance during a pandemic
Check out Hal Seed’s eight tips for keeping your congregation’s finances on track during the COVID-19 pandemic. None of these ideas should surprise you, but they are good reminders in anxious times and will help prepare you to carry on once the pandemic is behind us. (Image: Travis Wise, Creative Commons License)
Financial lessons we have learned from Covid-19
The Covid-19 pandemic has lasted much longer than anybody imagined when it started back in March, with devastating consequences not just to our health but also our economy. Most families have had to adjust their finances in some way. What have we learned? Here are six important lessons. From Crosswalk.com. (Photo: Varkle69, Creative Commons)
Create a mission endowment fund in your congregation
An church endowment fund can help provide financial stability and encourage good stewardship practices. This guide from lays out some good principles and tips on how to get started. This is from the ELCA Foundation. Most denominations have a similar ministry that serves their congregations.
Calculate the cost of space use at your church
How much does it really cost to operate your building ? Sure, you can add up the budget line items for heat, electricity, custodial services and so on, but that gives you only the total. This downloadable spreadsheet will help you calculate the cost per foot, per hour. From the Episcopal Church Foundation. (Photo: Anssi […]
Abundance vs. sufficiency: Enough love to go around
In our materialistic culture “abundant living” can get confused with the “extravagant living.” When we start thinking of “abundance” in non-monetary terms, a whole new vision opens up for what it means to have enough. From the Episcopal Church Foundation. (Photo: OER Training, Creative Commons)
Think beyond the line item – a narrative budget
Most budget presentations leave parishioners drowsy and bored, but there’s a better way. A narrative budget helps folks connect the congregation’s finances with the mission that we are accomplishing in the world. The Wisconsin United Methodist Foundation has a nice package of resources to get you started. (Photo: Taxcredit, Creative Commons)
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