I just got off the phone with a youth worker who overspent summer camp by $6,000. Now, his entire youth ministry budget is $9,000 – two months into the church’s fiscal year nearly his entire youth ministry budget is toast. So now what? As I thought about his situation (a little shout out to Mike!) I came up with a few practices that have worked for me when we have to pinch every penny:
Don’t be afraid to change the calendar
I wrote 6 Ways to Stretch Your Youth Ministry Budget, and when there’s little or no money left that’s when those principles have to be put into practice. Just because something is already on the calendar doesn’t mean it gets a free pass in the new day. Go low cost. Go free. Don’t subsidize it. Cut it. Change up the youth ministry calendar to reflect your revised financial state.
Make every event break-even
I’ve posted in the past 4 Rules to Make Sure Break-Even Events Break Even, and with no budget left to spend this is more critical then ever. Be extremely conservative in your estimates. Set and promote registration deadlines and stick to them so you’re not stuck with the bill. Charge a couple bucks extra, even if it means taking a few less students.
Wait for super deals on resources
With little or no budget left, you might have to put the brakes on significant purchases for your youth ministry. And while some dreams may have to go on hold – good deals on youth ministry resources pop up from time to time so take action when they do. Look for bundle deals, or products that you can purchase one time that keep giving all year (specifically subscription stuff, like the LIVE small group curriculum, or Simply All Access).
Find ways to get more funding
Asking for more budget due to mismanagement will be a tough ask. But growth in your youth ministry is totally a viable reason to look into getting more funds. If you’ve grown 15% halfway through the year, consider going to your leadership and asking for ways to fund the growth – that’s the best kind of “blowing your budget.” Consider making your need visible to the church body and look at other fundraising options if your church allows.
If you’re on a tight budget 1) be thankful you’re fortunate to have one at all, and 2) you may want to consider picking up $5 Youth Ministry which … ironically … costs $9.99.