Eighteen

Personal Finances and Life-style

“I’ve spent ten years in graduate schools and I make

less money than the guy working down at the 7-11

store. And I am tired of it. I’ve got to figure a way to

make more money and if I can’t here at the church,

well, I guess I might have to leave. This simply can

not continue.”

Who was this pastor? Me!

         

Very few pastors accumulate any considerable

amount of wealth. How much is enough and how

much is too much is debatable. Rarely do pastors earn

the equivalent of what someone in another field with

the same abilities, education, and experience would

earn. This is perhaps a good thing.

Pastors, I believe, must learn how to live a simple

life. For example, it is extremely important to avoid

debt. I think a sound principle is “If there is not enough

cash to buy it, don’t buy it.”

Situations may arise where the use of a credit card

is necessary, perhaps in the purchase of a car or to cover

major medical or dental costs. But living a simple life

style and being content with it will free a pastor from

much stress and anxiety.

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For Pastors

One of the sins that pastors are sometimes tempted

with is covetousness. Ministers of large churches whose

salaries may be more than adequate, who may either

own their own homes or be in the process of buying

one, who may take expensive long vacations, who may

be granted periodic sabbaticals, and who may be off

doing other wonderful things—these may tempt a less

financially advantaged pastor to covetousness with a

little envy thrown in as well. In addition the large

church minister may have a great health plan and a lot

of money in a pension fund. For a pastor to be

financially well off is not wrong, but it is somewhat

unique and beyond reality for most.

“Middle class” is an apt description of my life style,

thus, I consider myself to be quite well off. (I could

live on less.) My income must provide for a family of

four, my wife and I and our two children. I have to

have money to operate the household, keep the cars

on the road, the IRS happy, and the insurance

companies paid. Therefore it is required that I do this

in the best way possible and I do it with what the church

can provide combined with what my wife and I earn in

other ways. It seems to me that we Philpotts enjoy our

lives and have the necessities met. I have never had a

situation of extreme need. There have been difficult

times, but God has provided for us all the way along.

Pastors should be careful to tithe all income and

provide for offerings beyond the tithe. Giving is best

when it is done on a “cheerful” basis with gratefulness

for God’s provision. All giving should be done in secret,

not letting the “left hand know what the right hand is

doing”. Only the treasurer and/or bookkeeper would

know the details. Pastors do not want to be talking

about their patterns of giving.

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Personal Finances and Lifestyle

I have not taken a salary increase the entire time I

have been at Miller Avenue. Now, I want to be careful

to say that in a way that does not sound boastful. The

truth is, I have taken certain perks over the years—

benefit increases here and there. But I keep it to a

minimum. I do not like to continually come to the

church asking for more money. Every year this small

church has wanted to increase the salary of their pastor.

And I have declined that, and with thanksgiving, too,

that people would be concerned for me. My goal has

been to prevent the church from getting into a situation

where money was a problem. I know many churches

like to have a continually increasing budget, and we

do in a very small way, but I like to keep the church in

the black. Running behind budget thus necessitating

a situation where the congregation has to be continually

appealed to is something I want to avoid almost at all

costs.

It has been my custom to work outside the church.

(I’m going to be talking in another chapter about having

a trade.) At the outset of my pastoral ministry at Miller

Avenue I asked for permission that I be free to engage

in other means, in limited and appropriate ways, in

order to increase my income if necessary. Currently,

primarily through weddings and funerals, I do make

some extra income. For several years my wife and I

operated a part time legal service. The additional

income has kept the financial pressure off the

congregation.

Living a simple life and keeping finances pretty

much on a cash basis has worked for me personally.

Good churches want to see that their pastors are cared

for and their needs met. And it is important that the

pastor is not constantly presenting needs. Some refer

to this as “whining”. If there are some needs not being

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For Pastors

covered then those needs should be dealt with in a

very careful way. Constantly presenting the church with

needs can become discouraging to any group of people.

A congregation may even feel guilty and may not know

how to meet the needs.

If I were independently wealthy I might think

about paying the church to be able to be the pastor

and preach the gospel on Sunday morning. It is my

chief joy to preach Jesus and I would be so very poor if

I could not. Certainly, I could find other avenues for

gospel preaching, but I love these people and this

community and I want to pastor right here. Therefore,

as best I can, I will do what it takes to be a gospel

preacher and trust that God will meet my needs.

         

How attached are you to credit cards?

Do you panic when the money is low or nonexistent?

Are you content with what you have?

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Personal Finances and Lifestyle

PASTOR’S BULLETIN BOARD

—Seeking counsel on a particular situation.

—Sharing programs you have found helpful.

—Needing an associate or assistant pastor.

—Looking for a church to pastor.

—Sermon outlines.

—Asking for prayer support.

—Other concerns.

Go to Earthenvessel.net and post it.

If you want to ask Philpott about any particular

issue, feel free to do so.

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