Episode 88: A Look at a Pastor's Financial Health

Episode 88: A Look at a Pastor's Financial Health

 

Past  - clean up on aisle 9

• Evaluate your past decisions 
• Take a good look at all parts of your finances
  • cash flow
  • debt
  • savings

Present - How do you make financial decisions?

• Think long term 
• Don't react in the short term
• Make decisions based on your 70 year old self
• "How would my 70 year old self make this decision?"

Future - is Retirement in the bag - or will you be living out of one?

• What is your current retirement savings looking?
• What could you withdraw monthly and how long would it last?

 

What are you planning to do?

When are you planning to do it?

What would you love to do?

 

-Don't plan to retire from ministry - just change venues

-Prepare to minister without having to be paid so you can be a huge blessing to someone ----

           Somewhere who can't afford you