Not to add much to the great responses above, but here are my typical responses (not that I receive many compliments...)

1. "Praise the Lord!" (especially after someone praises a sermon I've preached)
2. "Thank you; your words are very encouraging to me."

I think it's important not to shift commendation and compliments away from us. How many folks did Paul commend to the church? Though I could accept a compliment in a prideful manner, I could do just as bad by shifting good words away from me, thus denying the good work which God really does accomplish with this jar of clay.

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Jared Olivetti
pastor of Immanuel Reformed Presbyterian Church (RPCNA)
West Lafayette, IN