Episode 491: Preparing for the Financial Impact of COVID-19

In Episode 491 of the NewChurches Q&A Podcast, Daniel and Ed discuss preparing for the financial impact of COVID-19 in the short-term and mid-term.

In This Episode, You’ll Discover:

  • The waves of financial challenge to expect
  • How gospel work continues in light of financial changes

 Shareable Quotes (#NewChurches):

  • “There are three waves of financial challenge.” – @edstetzer
  • “The more people you have giving online, the easier you walk through the first wave of the challenge.” – @edstetzer
  • “We are beginning to see what the new normal is looking like.” – @edstetzer
  • “You have to figure out where the new bottom is, where the new normal is, and then refigure your finances.” – @edstetzer
  • “Job disruption impacts your church, your mother church, and could impact you as well, but that doesn’t mean your mission is done.” – @edstetzer
  • “If your funds are dried up and you are in financial difficulty, it doesn’t mean that God has withdrawn His call.” – @edstetzer
  • “Huge disruption does not end gospel work, it sometimes propels gospel work.” – @edstetzer
  • “There are people in your church that had money 2 months ago that don’t have money now, and there are people in your church that did not have money 2 months ago that do now.” – @edstetzer

Recommended Resources:

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This Episode’s Sponsor:

 

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Published May 14, 2020

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