Pastors - Personal Finances -Pastor Appreciation Strategy

Pastors, Personal Finances, and Pastor Appreciation Strategy Do Go Together

Pastors and their personal finances do have an impact on a church's pastor appreciation strategy. 

Personal finances are challenging for most of us and your pastor is no different when it comes to handling money. 

Financial Peace University and the principles taught by Dave Ramsey have totally changed how I view finances for Christians. How I wish I had learned the principles taught by Dave Ramsey in Financial Peace University early in my adult life.

Personally, if I were a young pastor, I would focus on understanding and applying the Biblical principles of finance, especially how even on a small church pastor's salary, I could have prepared for retirement far better than I did.

Addressing Personal Finance
Shows Pastor Appreciation

Let's explore how a pastor's personal finances and the financial pressures of living on a pastor's salary affects a church's pastor appreciation strategy.

Personal finances are a challenge to most of us. Yet a pastor's personal finances, which are often more public knowledge than personal, are especially challenging.

When financial pressures are created by a low pastor's salary, gets in the way of a congregation expressing pastor appreciation, it is often due to feelings of guilt on the part of the church for not having done more in providing for their pastor. 

Personally, I feel that a pastor's personal financial situation is one of the key reasons prompting career change for pastors.

Most pastors I know struggle financially, even to the point that the financial pressures of life impact their pastoral effectiveness.

The pastor's salary may not be a problem for your specific church, a reason for great celebration if true. But is it true?

Often even that assumption is the problem for many churches -- the assumption that all is well with the pastor's personal finances, the presumption that the pastor's salary is adequate.

I often suggest to my financially strapped pastor friends that they start their own business, that they explore funding their ministry through internet income building strategies. 

Your Pastor's Compensation Package

In many churches, people presume that the pastor has no financial pressures, think that the pastor's salary situation is adequate, and may even think that the pastor does not deserve a salary increase.

This assumption about the pastor's salary may create tension between pastor and their employing church, which in turn, makes it difficult for pastor appreciation to be expressed (or received). "After all, his salary is double what my dad made during the Depression" or some such reason is often given.

When I was a pastor of a local parish, there were times when I would have been satisfied if my employing congregation would have at least addressed pastor compensation.

OK, maybe being satisfied is an overstatement, but at least knowing the pastor's salary situation was looked at would have helped me in my financial survival.

Who Is The Pastor's Advocate?

Just as a pastor appreciation champion needs to rise to the occasion if pastor appreciation month is to be observed, perhaps there needs to be a salary advocate to address pastor remuneration.

Now remember talking about pastor appreciation in this article is the context of a church addressing the pastor's personal finances, having awareness of the financial pressures pastors face, and the analysis of the pastor salary package.

For the person or persons who take on the task of salary advocate for your pastoral staff, I will address pastor compensation within the context of pastor appreciation.

In addition to information on personal finances there are many helpful financial materials to help your church's pastor appreciation strategy be successful, such as:

  • pastor's personal finance articles
  • personal finance lessons on how to make it on a pastor's salary
  • personal finance worksheets
  • personal finance software for money management
  • personal finance lesson plans
  • budgeting templates for the pastors personal finance
  • personal finance software reviews
  • finance personal worksheets and personal finance spreadsheets
  • and obviously personal finance advice for pastors with financial pressures!

Your assignment, should you accept it, would be to serve as your pastor's salary advocate. Your job is to help your church understand the uniqueness of pastor's personal finances as well as the financial pressures of living on a pastor's salary, within the context of pastor appreciation.