What role do your current assets play in providing for your financial needs as you pursue God's calling?
The answer to this question will depend on the amount of assets that you own as well as the financial demands of the ministry you pursue.
- You might discover that you will need the financial support of others for some of your monthly income and ministry expenses but that your assets are adequate to provide for you in later years when you are no longer able to serve in a ministry capacity.
- You might find that your current assets are adequate to provide for your income needs but that you will need to find ways to provide funding for travel and ministry expenses.
- You might discover that with the proper planning your assets are adequate to cover living and ministry expenses and provide for your final retirement in later years.
Professional Advice
To evaluate your current financial position, a financial advisor could run basic calculations for you. For a complete picture of your financial position, you should work through the Financial Planning Process with a like-minded professional to develop a plan that will allow you to accomplish the goals God has given you. Master's Financial Advisors is a safe place to explore options at no obligation or risk.
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Resources:
The four most popular and well-regarded books on the subject of raising ministry support are listed here in date order. Click on the book of your choice for a summary of the principles discussed in each and a link to the publisher's web site for ordering.
- People Raising, A Practical Guide to Raising Support,
William Dillon, c1993, Moody Press.
- Getting Sent, A Relational Approach to Support Raising,
Pete Sommer, c1999, InterVarsity Press.
- Funding Your Ministry, Whether You're Gifted or Not!,
Scott Morton, c1999, Dawson Media
- Friend Raising, Building A Missionary Support Team That Lasts,
Betty Barnett, Revised c2003, YWAM Publishing.
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This section has been developed by Master's Financial Associates, Lancaster, PA and the Finishers Project.