• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About
  • Contact
  • Podcast

Money Wise Pastor

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

  • Make Money
  • Save Money
  • Banking & Investing
  • Debt
  • The Bible & Money

Welcome to Money Wise Pastor, a site dedicated to helping pastors and other ministry leaders amplify their impact in life, leadership, and personal finances.

We share strategies and ideas on topics like:

  • How to overcome limiting beliefs that are holding you back
  • Best ways for pastors to earn extra income by launching a business or side hustle
  • How to retire with more than enough
  • Best jobs for pastors who are bi-vocational or planting a church
  • How to live frugally and make the most of your money
  • Best places to save and invest your money
  • Creative ways to give more to causes you are passionate about
  • How to grow in your personal leadership
  • What to do when pastoral ministry is no longer right for you
  • Legal, tax and Social Security issues for pastors (in the U.S., at least)
  • Freebies, discounts and special offers
  • And more…

We’re glad you’re here and we invite you to join in the conversation.  Please leave your thoughts and comments on posts that interest you.

About the Site Host

Financial coach for pastors

Hi, my name is Rich and I’m the host here at Money Wise Pastor.

I’ve been a pastor for 20 years. The first ten years were in a large church where I wore a number of hats: congregational care, community outreach, small groups, and global missions.

Then I served five years in a denominational role as director of a ministry which focuses on ethnic church planting and leadership development.

Six years ago, I returned to the church I had served in previously, to launch our first satellite campus in a neighboring community. After working as campus pastor for two years, I moved back into the local/global missions pastor role.

My wife and I have been married for 26 years and have five wonderful kids (and one awesome daughter-in-law) ages 12-22.

I started this site because I’ve observed that personal finance issues can be complicated anyone, but especially for pastors.

First, in the U.S. at least, there are legal, tax, and Social Security complexities for pastors, related to whether pastors are employees or self-employed (and pay self-employment tax), whether a pastor should opt-out of Social Security, the minister’s housing allowance, etc.

Next, I’ve noticed that many pastors face financial struggles. Maybe the church can’t pay the pastor enough. Or maybe the pastor’s family size doesn’t match his or her salary, or there are health or other issues which have increased the family’s expenses.

Some people who pastor in small communities are bi-vocational, which means they have to work another job in addition to pastoring a church. And there’s a whole new breed of tentmaking church planters and missionaries who want to work another job so they can build relationships with people in the community.

Third, I think a lot of pastors have struggled, like me, with the question of whether God had called them to be a pastor or an entrepreneur.

For me, that struggle came to a head in 2005 when I was about to be ordained. I knew God called me to the ministry full-time, but I also believed He gave me strong entrepreneurial desires.

Was I to forsake those desires for the ministry? Or could I use them in my ministry and other pursuits? I’ll share more of my story and interest in business as mission or kingdom entrepreneurship in future posts.

Fourth, economic changes have forced many churches to cut back on salaries, ask the pastors to pay a higher share of their health insurance (and of course, there are many pastors who have no health benefits at all), reduce contributions to the pastor’s retirement plan (again, I recognize that some pastors have no retirement plan), causing many ministry leaders to tighten their belts, rediscover frugality, and explore additional sources of income.

I don’t consider myself a financial expert, though I do have some personal experience in these topics. My goal is to share with you what I’m learning, and feature interviews with, and guest posts from, pastors and ministry leaders who do have real-life experience and expertise in these areas.

Where You’ll Find Money Wise Pastor Online

In addition to writing regularly here at Money Wise Pastor, I have had the privilege of being a staff writer for a couple of top Christian personal finance blogs like Christian PF and The Christian Dollar. I’ve also been featured on Free Money Finance and CrossWalk.com.

Disclaimer

The content on this site is for informational purposes only. This site and its author 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 our readers.

Primary Sidebar

Start Here…

Check Out Our New Podcast!

More Than a Pastor Podcast

Connect With Us

RSSTwitterFacebook

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...

Topics

  • About Money Wise Pastor
  • Banking & Investing
  • Bible & Money
  • Church Administration & Staffing
  • Clergy Tax Issues
  • Financial Challenges for Pastors
  • Giving
  • Leadership & Personal Growth
  • Make Money
  • Money Management
  • Resources & Reviews
  • Retirement
  • Save Money

Disclaimer

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.

Footer

Privacy Policy

Terms and Conditions

Make GDPR Requests

Copyright © 2025 MoneyWisePastor.Com