Welcome to the Pastoral Finance Blog.

Here, you'll find practical financial insights tailored for pastors and ministry leaders. These articles are a free resource designed to help you navigate everything from tax planning to retirement, side hustles, and church financial management.

Looking for something specific? Use the search bar below to explore our library of content.

The Financial Mistakes Pastors Often Make During a Move

Moving to a new church can be one of the most exciting and stressful seasons in a pastor’s life. But it can also be one of the most financially vulnerable. From housing allowance paperwork to delayed paychecks, even seasoned pastors can overlook critical details that lead to unnecessary stress. Here’s how to prepare wisely and keep your finances steady when ministry takes you somewhere new.

Read More

5 Financial Myths Many Pastors Believe and Why They’re So Costly

Pastors are quick to spot bad theology, but many unknowingly live by financial myths that cost them dearly. These myths can undermine retirement security, family stability, and the ability to finish ministry well. Discover five of the most common financial myths pastors believe and learn practical, faith-driven wisdom to build a stronger financial foundation for life and ministry.

Read More

The Hidden Cost of Living in a Parsonage: What Pastors Need to Know

While parsonages offer immediate housing solutions for pastors, they may inadvertently hinder long-term financial growth. This article explores the implications of parsonage living on retirement, taxes, and net worth, offering clear steps to build financial security.

Read More

Should Pastors Roll Their 403(b) into an Annuity? Stop and Consider These Risks First

I've recently spoken with pastors who rolled their 403(b) funds into an annuity while still working—only to regret it later. What seemed like a great decision at the time turned into frustration as they uncovered fees, restrictions, and tax complications they didn’t fully understand. Before making a move, take a moment to consider the real cost of an annuity and whether better alternatives exist.

Read More

Navigating the Clergy Housing Allowance: Best Practices and Pitfalls to Avoid

Many pastors receive a housing allowance, but not all understand how to maximize it or avoid costly IRS mistakes. This guide breaks down the best practices for setting up a clergy housing allowance, keeping records, and staying compliant with IRS rules. Learn what expenses qualify, how to avoid common pitfalls, and what documentation you need in case of an audit.

Read More

Tax Season Tips for Pastors: Maximizing Your Deductions

Tax season can be overwhelming, especially for pastors with unique financial situations. This guide breaks down clergy-specific tax benefits, including the housing allowance, self-employment taxes, and deductible ministry expenses. Learn how to keep more of your money and stay IRS-compliant. Need a tax checklist? Click here to request your free guide.

Read More