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Money Wise Pastor

Career, life, and money wisdom from a pastor's perspective

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Free Pastor Sabbatical Program Offers $50,000

Free Pastor SabbaticalA 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. [Read More…] about Free Pastor Sabbatical Program Offers $50,000

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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.

Free books for pastors at Paperback Swap

Free Books for Pastors at Paperback Swap

Are you on the look-out for free books for pastors? Well, and what pastor isn’t, right? Then be sure to check out PaperBackSwap.com!

how to beat holiday stress

Beat Holiday Stress by Managing Expectations

This is the third and final post in a series on how to beat holiday stress.  My first tip is about planning ahead.  The second tip is about reducing financial pressure.  My third and final tip is about managing expectations – not just your expectations, but also the expectations of others.

Beat holiday stress bills

3 Tips for Beating Holiday Financial Pressure

One of the biggest causes of holiday stress is financial pressure – the feeling that you have to spend more than you can afford to provide Christmas gifts for family and friends. As a father of five children ages 12-22, I can attest to the fact that parents often feel pressure to spend more than […]

Clergy Tax Issues

tax extension form

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

I hate to admit it, but I'm just now getting around to doing my taxes this week, and should have them completed by Thursday.  If you're getting a late start like me and don't … [Read More...] about File the IRS Extension Form if You Need More Time to do Your Taxes

Last Minute IRS Tax Help for Pastors

Tax Day 2012 is April 17.  If you've procrastinated doing your taxes because you're a pastor needing IRS tax help, I recommend you get the 2012 Zondervan Minister's Tax … [Read More...] about Last Minute IRS Tax Help for Pastors

Zondervan Ministers Tax Guide 2012

Still Time for Zondervan Minister’s Tax Guide

Pastors needing IRS tax help still have time to get the 2012 Zondervan Minister's Tax Guide before 2011 tax returns are due on April 17, 2012. For years, ministers have … [Read More...] about Still Time for Zondervan Minister’s Tax Guide

Clergy housing allowance when home is paid off

Can a Pastor Claim a Housing Allowance When the House is Paid Off?

Can a pastor still claim a housing allowance exemption when their house is paid off? The answer is yes. In this post I'll share some strategies you can use, even when your … [Read More...] about Can a Pastor Claim a Housing Allowance When the House is Paid Off?

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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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The content on Money Wise Pastor is for informational purposes only. We may be compensated by companies mentioned through advertising, affiliate programs, and otherwise. However, we will never promote or recommend a product that we wouldn't use ourselves. Affiliate links and ads are simply a way for us to provide the information on this site at no cost to you, our reader.




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