Tuesday, June 28, 2016

Restoring Finances

Early in my urban ministry, I was faced, as a minister, with deep financial crisis. Among other things, the bank complained that the Church didn't have an overdraft facility (which means that we were making payments without the money). We decided on a strategy which turned the finances around: • Tight financial discipline. This restored congregants' confidence in giving. • Drastic austerity measures. Among other things, I volunteered a radical cut in my salary. • Determined measures to create a healthy spirit in the Church. Without this, nothing works. • A planned giving scheme. This revealed our need, and enabled people to give thoughtfully. • And we clearly articulated our spiritual vision, which included outreach, even at our time of greatest need. OBSERVATION: However, there was more to it than this. These are just some key points.

No comments: