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Donald Gerig became president of Fort Wayne (Indiana) Bible College in 1986 after years of parish ministry, most recently as pastor of Calvary Memorial Church in Oak Park, Illinois. From familiarity with parish and institutional finances and academic research in personal finance for pastors, he recommends:
How You Can Manage Your Money (Augsburg)
by John Warren Johnson
If I were to buy only one book on personal finances, this would be the one. Page for page, Johnson gives some of the best practical advice to be found on managing money. He deals in a down-to-earth way with housing, food and clothing, and insurance and investments. A helpful glossary of basic financial terms is included.
Your Money Matters (Bethany)
by Malcolm MacGregor and Stanley C. Baldwin
This book's strength lies in the background principles it illuminates. MacGregor includes informative sections such as "settling the ownership question" that set up a solid context for handling one's money.
Although some readers (including this one) will have trouble with MacGregor's views regarding family structure that slip into the discussion, most of his help is without controversy. He concludes with advice concerning estate planning that all should consider.
Your Finances in Changing Times (Moody)
by Larry Burkett
While Burkett includes some practical suggestions in the book, they would not make up its strength. Rather, its forte is his treatment of principles that affect the way we think about money.
Burkett shares some definite ideas about our economy, credit, and other matters that will troublesome, but he includes useful observations about our need to think differently from the world when we manage our personal finances.
New Models for Financing the Local Church (Morehouse)
by Raymond B. Knudsen
This is one of the few books that deals exclusively with finances in the local church. Knudsen covers a host of issues from budget preparation to wills and bequests. He includes several thought-provoking ideas (like giving by ...