Recent research shows a “high percentage of people . . . find personal financing incredibly intimidating,” says Frank Chisholm, director of brand and marketing for Kindred Credit Union. Some people feel guilty for starting financial planning too late in life. Others experience barriers when it comes to accessing financial products and services.
Focus on Money
Tallying up deposits and withdrawals, monitoring budgets and submitting forms, the ‘numbers people’—treasurers and bookkeepers—toil in basement corners and home offices, month in and month out. (Photo by Susan Klassen)
Every church has a plethora of creative ministries, but a couple roles will show up everywhere.
“I don’t want to support banks,” says Natasha Wiebe, statistician at the University of Alberta and a member of Edmonton First Mennonite Church. “For me, banks are primarily about greed and are heavily invested in mining and fossil fuels.”
Financial giving from Mennonite Church Canada congregations and individuals was stable in 2020 despite pandemic economic uncertainty. By year-end, the regional church bodies and MC Canada had strongly positive financial results, based on better-than-expected revenue and lower-than-expected costs.
Among the multitude of concerns COVID-19 has caused, the novel coronavirus’s effect on congregational giving has been one of them. What do church finances look like when congregations close their doors and stop passing offering baskets through the aisles on Sunday mornings? It turns out that in many Mennonite congregations across Manitoba, they look just fine.
The Waterloo Region chapter of Women Empowering Women (WEW) meets quarterly to nurture connections and friendships, to be inspired and to raise funds that support women in developing economies. As an auxiliary group of Mennonite Economic Development Associates (MEDA), it supports MEDA’s international work of “helping women move into more valued and equitable roles in their economies.”
The local church is an excellent place to discuss saving money: Which type of tractor is cheapest to repair or whether a Costco membership is worth it. Mennonites brag about finding a good deal.