A church budget is a tool that works to balance finances with ministry. It is the financial road map for your church or ministry. To begin creating a budget, there are really two options. The zero-based method or the method of budgeting based on historical church budget trends.

What is the main purpose of a budget?

A budget helps create financial stability, accountability and improves clarity. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.

Should a church have a budget?

Budgets are needed for churches to continue their mission and grow to reach a larger community. When creating a budget, church leaders should ask how the church will raise and spend funds. When making budgeting decisions, the bible includes many verses to show you the way.