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The reality is, however, creating an official budget is a “coming of age” moment for your church. Depending on your church’s situation, you might be able to get by without one-for a while. If you do not use a formal system to manage your own finances at home, you might be tempted to think you can manage your church’s finances without a budget. When should you reevaluate your budget?įor starters, let us address a question you might be asking yourself right now: do I really need to do this?.How do most churches spend their money?.We are going to walk you through the basics of church budgeting, so you feel equipped to tackle this important document. If you do not feel confident that you have the expertise to avoid mistakes and do this right , you should honor the trust your congregation has placed in you by bringing other people on board.
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Creating a budget for an organization is complicated. That does not mean you have to take this on alone. As a church leader, you might be thinking, “This is not what I signed up for at all.” As a church leader, however, you have a responsibility to lead your church financially as well as spiritually. Its purpose is to help your church make the most of the resources that have been entrusted to you.Ĭreating a budget on this scale may feel uncomfortably foreign, especially if you do not have a background in accounting. Your budget is a vital strategic document . When it comes down to it, creating a church budget is about stewardship.