By NewChurches.com: In Episode 582 of the NewChurches Q&A Podcast, Daniel and Todd discuss creating a rolling budgeting cycle instead of budgeting for an entire year at a time.
In This Episode, You’ll Discover:
How you can move from a yearly budget to a rolling budget
What to do when you have a budget surplus
Shareable Quotes (#NewChurches):
“The majority of our finances that go toward making ministry happen is what we are actually budgeting on a rolling cycle.” – @danielsangi
“We are planning ministry around an 85% budget, and if we hit 100% we would use that toward ministry initiatives.” – @danielsangi
“If you don’t end up using the surplus, you put it into reserves.” – @danielsangi
“There are always going to be ministry needs in the community that you can fulfill with your surplus.” – @toddadkins
“As a church you are stewarding Gods money for kingdom purposes.” – @danielsangi
“You don’t want to be in a place where every time something happens you are in crisis mode.” – @danielsangi
Recommended Resources:
Listen to Episode 580: The Effectiveness of One-on-One Meetings
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