Is The Sky Really Falling? The Truth About What Is Going On With The Markets & Economy

by Monday, December 24, 2018

Today and tomorrow people all around the world are celebrating the fact that the creator of the universe found it worthwhile to come to Earth in human form to give us a chance at a relationship with him.   In light of this mind-blowing truth, you really have no reason to worry about anything that I am going to write about in this article. None of it really matters in light of eternity. However, with all of the media headlines these days, I thought you might appreciate an unbiased overview of what is going on with the markets and economy these days. View post

How Stock Market Investing Is Like Parenting, But Much Easier

by Monday, December 17, 2018

As volatility picks up and the stock market nears a downturn, it’s important to keep a proper perspective, just like you did to survive the difficult parenting years. View post

It’s Time To Submit Your 2019 Housing Allowance!

by Monday, December 10, 2018

The ministerial housing allowance is one of the greatest tax benefits available to pastors and now is the time to get yours approved for 2019. View post

Homemade Christmas Gifts That People Actually Like & 10 Great White Elephant Ideas

by Monday, November 26, 2018

Now that Thanksgiving is over and the Christmas season is in full swing, I wanted to write a Christmas themed blog post. Two years ago I gave you 10 Simple Ways To Earn Extra Money For Christmas, which is still pretty useful. This year I’m going at it from the other side. View post

Pastor’s Love Offering: Gift Or Taxable Income?

by Monday, November 19, 2018

A recent court case helped to clarify when pastoral gifts are considered taxable income. Make sure you know how to classify your income to avoid owing penalties and back taxes. View post

How A Parsonage Allowance Works

by Monday, November 12, 2018

There are two kinds of ministerial housing allowances here in the US. The parsonage allowance is for those living in church-owned housing. The cash housing (or rental) allowance is for those who provide their own housing.   Today, I want to go deeper into the parsonage allowance. Though parsonages are slowly becoming a thing of the past, many pastors still live in them. For those pastors, it is important to understand the different features of the IRS’s parsonage allowance. View post

What You Need To Understand Before Buying Life Insurance

by Monday, November 5, 2018

The insurance industry has created so many complicated products that it scares people out of buying life insurance. However, life insurance is an important protection for your family. Here is a primer that will prepare you for competent life insurance shopping. View post

Avoid The Penalty For Getting Bad Information From Medicare

by Monday, October 29, 2018

Unfortunately, pastors are sometimes given bad information regarding Medicare. This can lead to costly enrollment mistakes. If this has happened to you, there may be a way to fix things. View post

How To Appeal A Social Security Benefits Decision

by Monday, October 22, 2018

Because a pastor’s opportunity to opt out of Social Security is so unique, many Social Security employees don’t understand the law surrounding it. Unfortunately, this results in pastors being denied benefits that are rightfully theirs. This is what you can do to appeal the decision if it happens to you. View post

What You Need To Know About Medicare To Save Hundreds Of Dollars A Month In Retirement

by Monday, October 15, 2018

When it comes to Medicare, most pastors don’t really understand how it works. Unfortunately, this is one situation where ignorance can really hurt you. Here are the basics of Medicare and what you can do now, even if you’re still young, to save a lot of money. View post