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b'https://youtu.be/YW_hqAPlPaE
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\\nInterest rates are on the rise. The stock market recently entered into bear territory. How will a potential recession affect your church? Thom and Sam discuss six ways you can help prepare your church for an economic downturn. Discipleship cannot happen without stewardship, and your budget is a major way to steward the resources of the church.
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\\n \\t* Start practicing zero-based budgeting.
\\n \\t* Project revenue before considering expenses.
\\n \\t* Set the budget slightly lower than your actual revenue from the previous year.
\\n \\t* Consider the impact of inflation on the personnel budget.
\\n \\t* Make sure you understand the timing of your expenses for cash flow purposes.
\\n \\t* Be careful with additional debt and new personnel.
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\\nResources:
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\\n \\tAnother Gospel by Alisa Childers
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\\n \\tTyndale House Publishers
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\\n \\tGrow Generosity 101 training by Church Growth Services
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\\n \\tBELAY
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\\n \\tChurch Answers University
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\\n \\tCollaborate with ministry leaders around the world! Join us at Church Answers Gold!
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\\nEpisode Sponsors:
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\\nPopular author, blogger, and speaker Alisa Childers brings you Another Gospel?, the book and curriculum for anyone wanting to explore the nuanced topic of progressive Christianity.
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