Comments on: Should You Take A Pay Cut For A Ministry Related Position?

By: Weekly Round Up- Week With Those Who Weep

Weekly Round Up- Week With Those Who Weep — Sun, 02 Aug 2009 18:43:17 +0000

[...] Should You Take a Pay Cut For a Ministry Related Profession at Bible Money Matters [...]

By: Craig

Craig — Sat, 01 Aug 2009 10:56:12 +0000

@My Journey. Thanks for pointing out the tax implications. There are a lot of tax advantages offered to those in professional forms of ministry.
Craig´s last blog ..Envy: Why We Want What Others Have

By: Friday Linkfest: Back in the Swing of Things Edition | beingfrugal.net

Friday Linkfest: Back in the Swing of Things Edition | beingfrugal.net — Fri, 31 Jul 2009 02:53:29 +0000

[...] Should You Take a Pay Cut for a Ministry Related Position? – Bible Money Matters. My husband and I have had to face this decision a few times, and it’s not always an easy one. [...]

By: My Journey

My Journey — Thu, 30 Jul 2009 03:04:37 +0000

This may seem a bit crued given how good hearted the post is, BUT, when making this choice you should check out all the tax breaks given to priests and ministers.

Considering your readers you should check out Topic 417 from the IRS

http://www.irs.gov/taxtopics/tc417.html

Or even Topic 517.

Hope this helps!
My Journey´s last blog ..When Applying for a Mortgage don’t Forget to Calculate your Debt to Income Ratio

By: Jason Y

Jason Y — Tue, 28 Jul 2009 16:04:04 +0000

Fantastic post!!!

Indeed, faith in God means trusting Him and what He says, NOT what we try to make Him look like He is saying (e.g. I should leap out in faith as a full-time minister requiring the people of God to provide for my every need). I especially see young adults wanting to serve God by going into full-time ministry, whereas I think it best to assume we are to provide for ourselves as Paul did until the Church voluntarily provides for our needs with the express purpose of freeing us up to focus on ministry.

By: Twitted by MLMBoomers

Twitted by MLMBoomers — Tue, 28 Jul 2009 14:55:34 +0000

[...] This post was Twitted by MLMBoomers [...]

By: The Happy Rock

The Happy Rock — Tue, 28 Jul 2009 13:19:18 +0000

#5 is quite interesting.

I little financial test run might really help people clarify how important the move is to them. It would be interesting to live on say 50-60% of your income and automatically draft the rest into an untoucable savings account which could later act as a buffer.
The Happy Rock´s last blog ..Daycare Dilemma – One Year Later

By: Peter

Peter — Tue, 28 Jul 2009 12:03:25 +0000

This post is written with those in the ministry in mind. After reading it though, I think that it applies to others – and their work life. In reality we all need to be clarifying with God where we should be in our careers, trusting him to provide for our needs, strive to become debt free and building supplementary income to help provide for our needs – because it isn’t a lack of faith – but a sign of planning and not wanting to become a burden to others. Great post Craig!