Episode 88: A Look at a Pastor's Financial Health
Past - clean up on aisle 9
Evaluate your past decisions
Take a good look at all parts of your finances
cash flow
debt
savings
Present - How do you make financial decisions?
Think long term
Don't react in the short term
Make decisions based on your 70 year old self
"How would my 70 year old self make this decision?"
Future - is Retirement in the bag - or will you be living out of one?
What is your current retirement savings looking?
What could you withdraw monthly and how long would it last?
What are you planning to do?
When are you planning to do it?
What would you love to do?
-Don't plan to retire from ministry - just change venues
-Prepare to minister without having to be paid so you can be a huge blessing to someone ----
Somewhere who can't afford you