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Money Wise Pastor

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How My Sabbatical Plans Came Together

Pastor sabbatical cruise

In my last post, How I Should Plan My Pastor Sabbatical, I shared that my church had blessed me with a month-long pastor sabbatical.

Interestingly, it took me a really long time to figure out what I wanted to do. I came up with a list of 10 ideas I could pursue during my sabbatical, but it took me about 5 months to narrow it down. Once I took serious action on it, the plan came together pretty quickly.

[Read More…] about How My Sabbatical Plans Came Together

Latest Posts

How Should I Plan My Pastor Sabbatical?

Last June my church offered me a sabbatical – a time for rest, education, and reflection. It was kinda like being given an elephant. Sounds like a great gift at the time…but umm, now what do I do with it? Just how should I plan my pastor sabbatical?

What a PC laptop from Hell taught me about the “hidden” costs of choices we make

And why I’ll NEVER let my church buy me another PC laptop again… Everyone knows that all the really cool pastors use Macs and iPhones. So imagine my horror when my church replaced my ailing Mac with a “cheaper” PC. Oh, it was c-h-e-a-p-e-r alright…

Pastor Sabbatical

Free Pastor Sabbatical Program Offers $50,000

A pastor sabbatical program is one of the best gifts a church can offer their pastors. And $50,000 grants from the Lilly Endowment’s Clergy Renewal Program will make it easier than ever for pastors to get away for a time of refreshment and renewal.

Are pastors self-employed or church employees?

Are Pastors Self-Employed or Church Employees?

Are pastors self-employed or church employees?  The answer is “YES”! Pastors in the U.S. have a unique dual tax status. They are considered employees for federal income tax purposes. But they are also considered self-employed, regarding their ministerial earnings, for Social Security and Medicare purposes.

argue about money in front of kids

Why We Argue About Money in Front of the Kids

I know it’s a big no-no for couples to argue or fight about money in front of the kids. But my wife and I do it from time to time. And we think it’s just fine. Here’s why you should too.

Why do pastors always talk about money?

Why Do Pastors Always Talk About Money?

Why do pastors and churches talk about money? Is it meant to make people feel uncomfortable or guilty? Do we do it too much? Here are three reasons why pastors talk about money at church.

Pastor Retirement

When it Comes to Retirement, Many Pastors are Ill-Prepared

Many pastors are ill-prepared for retirement. For some, it’s because their church didn’t offer a retirement plan, or because they lived in a parsonage and didn’t build up home equity. Here are tips to help pastors plan for retirement.

10 Ways Pastor Can Earn Extra Income

10 Ways Pastors Can Earn Extra Money Doing What They Already Do

If you’re a pastor looking to make extra money, you’ve come to the right place! There are dozens of ways pastors can earn extra income, to help pay for education expenses (yours or your kids’), cover increasing clergy health care costs, save for something special, or supplement your income to make ends meet.

Clergy Tax Issues

2019 Tax Day for 2018 Federal Tax Return

2019 Tax Deadline for 2018 Taxes

Wondering when the 2019 tax deadline is for filing your 2018 federal tax return? Tax Day 2019 is Monday, April 15, 2019. I know, some of you might be thinking, “Come on Rich, … [Read More...] about 2019 Tax Deadline for 2018 Taxes

tax extension form

File the IRS Extension Form if You Need More Time to do Your Taxes

I hate to admit it, but I often wait until the last minute to file my tax returns. If you're getting a late start like me, and don't think you'll be able to file your tax … [Read More...] about File the IRS Extension Form if You Need More Time to do Your Taxes

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Money Wisdom from the Bible

"Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share." - 1 Timothy 6:17-18 (NIV) Click for more of the Bible and Money...

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