Manage episode 485638574 series 3402663
Feel like your finances are always playing catch-up? Wondering how to plan for the future when you're just trying to make it through the month?
In this financial masterclass for missionaries, Dr. Keith Webb brings both wisdom and lived experience to the table. After two decades on the field and years training missionary coaches, Keith shares the top financial mistakes missionaries make—and what to do instead.
From emergency funds to long-term planning, he offers a better way to think about support, sustainability, and staying on the field for the long haul. If money stress is wearing you down, this episode is your next step toward freedom.
📌 In This Episode, You'll Learn:
- Why trimming your support budget too low can actually cut your ministry short
- What a healthy missionary budget really looks like—including future expenses most people forget
- How to build a margin mindset instead of living donation to donation
- Why emergency funds are essential—and how to start one
- What it takes to prepare for the future without sacrificing present ministry
💭 Questions to Ponder as You Listen:
- Am I building my finances based on vision—or just survival?
- What beliefs about money might be shaping how I raise and use support?
- Do I have a plan for unexpected expenses—or am I just hoping nothing breaks?
- How would I approach money differently if I saw it as a tool for ministry, not a burden?
- What small change could I make this month to move toward financial sustainability?
Thanks for listening! Email us your questions at [email protected]
Website: https://www.modernday.org/podcast
YouTube: https://www.youtube.com/playlist?list=PLu3ie6N7vXvESqcHrM-SRTC7-XoPEmnv6
Facebook: https://www.facebook.com/moderndaymissions/
Instagram: https://www.instagram.com/moderndaymissions/
TikTok: https://www.tiktok.com/@moderndaymissions
X: https://twitter.com/Modern_Day
LinkedIn: https://www.linkedin.com/company/moderndaymissions/
Chapters
1. 5 Mistakes Missionaries Make in Their Finances With Keith Webb (00:00:00)
2. Meet Keith Webb (00:00:54)
3. Financial Challenges for Missionaries (00:01:31)
4. Common Financial Mistakes (00:04:17)
5. Living Paycheck to Paycheck (00:11:49)
6. The Importance of an Emergency Fund (00:18:10)
7. Balancing Generosity and Financial Stability (00:20:56)
8. Common Mistakes Missionaries Make (00:25:30)
9. The Dangers of Credit Card Debt (00:25:39)
10. Strategies for Financial Stability (00:28:23)
11. The Importance of Knowing Yourself Financially (00:28:53)
12. Borrowing Money: A Cautionary Tale (00:31:34)
13. Addressing Financial Struggles (00:32:03)
14. Investing for Future Needs (00:38:57)
15. Money Matters Course for Missionaries (00:45:05)
16. Conclusion and Final Thoughts (00:47:08)
121 episodes