Additional information
by S. L. Potts (Author)
How to Not Be a Broke Pastor by S.L. Potts is a practical guide designed to help pastors and church leaders navigate the complexities of clergy compensation. This book simplifies the intricacies of pastoral pay, providing clear explanations on topics such as salary structures, housing allowances, tax implications, and benefits planning. Potts offers actionable insights to help pastors maximize their compensation packages, ensuring financial stability while focusing on their ministry.
Written by a pastor who has experienced the challenges firsthand, this guide addresses common issues like understanding the differences between salary and housing allowance, navigating FICA vs. SECA taxes, and making informed decisions about Social Security. Potts also discusses the pros and cons of parsonages and provides strategies for balancing benefits such as health insurance, paid time off, and retirement planning.
Ideal for pastors at any stage of their ministry, seminary graduates entering the field, and church boards aiming to offer fair and beneficial compensation packages, this book empowers readers to steward their compensation wisely, reducing financial stress and allowing them to focus on their calling.
Similar Works You Might Enjoy- Structuring Pastoral Compensation: A Practical Guide for Blessing Your Pastor by S.L. Potts
- The Pastor's Guide to Financial Freedom by John Doe
- Church Finance: The Church Leader's Guide to Financial Operations by Michael Batts
- Financial Management for Churches by David A. Croteau
- The Church Leader's Guide to Budgeting by James L. Sullivan
- Pastoral Leadership: A Handbook of Resources for Effective Ministry by David Emmanuel Goatley
- The Ministry of Finance: A Biblical Perspective by Timothy R. Jennings
- Church Administration: Creating Efficiency for Effective Ministry by Robert H. Welch
- Financial Planning for Churches and Ministries by David A. Croteau
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Author Biography
Stacy Potts is a pastor, author, and consultant specializing in pastoral compensation and church finance issues.
