Thursday, January 22, 2009

To Generate Money Think Outside the Box

Some arts and ministry supporters make giving a priority and sacrifice to honor it. But most supporters donate on the basis of discretionary income which, these days, is slim if any.

Our imaginative creativity and ingenuity can go beyond donating “as able”. Assets could be established which generate on-going income for ministry and the arts. Assets are things which earn money without you having to run them: investments, bonds, real estate, intellectual properties, residual income, etc. Many of us were not taught the difference between assets and liabilities, or, if so, we forget.

So, we accumulate many things which drain our income (liabilities) instead of thoughtfully purchasing assets which would generate income to support those missions and causes that tug at our hearts. Instead of paying the banks for a large collection of liabilities (debt with interest), imagine the abundance of being out of debt with the ability to give substantially to ministries and the arts. That would be a lot more fun!

Ask Mark and Donna, or visit http://www.graceproceeds.com , about their tool which makes that kind of fun possible.

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