Pastors and Ministers, I know that by nature, you are servants at heart. However, you also need to look out for and plan for your own well being and future! If your personal finances are not where they should or could be, that only affects what you can offer and do down the road. Likewise, you invest in so many people do NOT forget to invest in your future. Below are some resources that could help you become more solid and secure now and in years to come.
Financial Literacy is to know how to manage your money in such a way that it serves you well. The link button below will take you to an excellent resource that helps explain personal financial literacy. Take time to read through this valuable resource.
Open Bible Offers a Great Retirement Opputunity
A 403(b)(9) Retirement Plan- The Internal Revenue Code permits churches, denominations, and certain of their related organizations to set up such retirement plans for their employees designed to save them considerable tax dollars now and in the future. The Plan takes full advantage of these tax savings, while at the same time providing you with investment vehicles through which your money can grow. EVERY Open Bible Church needs to make this investment into their pastor! Likewise, every OB pastor and minister should invest in their future by joining the OB Retirement Plan.
To get more information and/or to sign up, hit the link below to go to the Open Bible National website, log in on the top right, then go to “My OBC,” and then click on retirement plan on the left. If you have any additional questions, you can contact the national office at (515) 288-6761.
Money Manager
If you do not manage your money... your money will manage you! Below is a simple tool to help manage your personal money more effectively so you can be more productive in everything you do. (Account Tracker, Goals, Budgets, Expense Tracker, etc.)
Money Manager Tool /Template for Microsoft Excel - Click Here To Download
Money Manager Tool/Template in Google Sheets - Click Here To Download