by Mike Hicks | Jul 31, 2019 | Giving
Giving to religion declined in 2018 and is now down to 29% of all charitable giving. Religion is still the largest recipient of giving, but the number continues to drop. This decline has been over several decades. Some of decline is the way in which religious...
by Mike Hicks | Jul 24, 2019 | Miscellaneous Posts
Emergency funds and reserves should be placed in an interest bearing account that is easily accessible. A certificate of deposit is not a good plan because you never know when the funds will be needed. An individual might choose a savings account at a bank or credit...
by Mike Hicks | Jul 17, 2019 | Generosity
An operating reserve is a great tool for individuals and churches. A reserve protects from unexpected income loss. Most financial advisors recommend that individuals have at least three to six months of living expenses set aside in a savings account. The goal is to...
by Mike Hicks | Jul 10, 2019 | Direction, Planning
A savings account for expected and unexpected future events is essential for individuals as well as churches. We cannot predict unexpected events in life, but we know that they are going to come. For individuals a tire is going to hit something in the road and need...
by Mike Hicks | Jul 3, 2019 | Planning
A savings account for emergencies is essential for individuals as well as churches. Do you have the money in a savings account to replace a tire, a lawn mower or to cover an unexpected medical expense? If you answer no, now is the time to begin setting aside money...
