Famous investor Warren Buffett once said, “It is not necessary to do extraordinary things to get extraordinary results.” For churches, creating a church budget is a small step that can lead to big rewards, like freeing up more resources for ministry and building trust with your congregation.
However, some teams may not be sure how to set up a church budget. The good news is that church budgeting doesn’t have to be complicated. This simple checklist will walk you through each step in the process of building your budget from scratch.
- Identify your church’s vision
- Forecast donations and other income
- Audit current expenses
- Budget for all of next year’s expenses
- And much more!