There are a few members of my ward who pay anually, several who pay quarterly, and others who pay weekly like myself. I would love to roll my tithing into an account or fund to grow it but I do not know if I am disciplined enough to do so.
I also know of a member who runs his own business and pays his tithing anually as well...at the beginning of the year after tithing settlement. The tithing represents how much he will pay himself and he makes adjustments at settlement if he needs to, but rarely does. |
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I am hoping for the day when we can just log in and pay our tithing on line. Automatic deduction would be just fine by me. As far as the whole savings account idea would it really be worth it? Lets say you paid tithing of $500 a month (this fictional person is not a high roller like John Haddow) that would yield an interest at 5% of a whopping $139 after the tithing you would have made an extra $125. If you held out for two years it get you $593 or interest or an extra $534 |
You know, you could save even more money by not paying tithing at all.
Just to keep our eye on the ball, remember that the law of tithing, like any other commandment, is an appendage to the greater commandment to love God with all our heart. The Lord asks for 10 percent. The way you pay it, whether you like it or not, is a reflection of your relationship with Him. That is all that I need to know about when, where, and how to pay tithing. |
I recommend penny stocks
after all would the lord let you lose the tithing money on a flier? With power like that behind you what have you got to lose?
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I could certainly be calculating this wrong, but I think you are forgetting about compounding interest. If I have figured it right, on $550 deposit in our hypothetical, the interest after a year would be about $800. Not bad for no work. As I said earlier, I believe we must pay at least annually, so my only dilemma is if the church needs that money more than I do for immediate purposes. Otherwise, I am comfortable with this idea. |
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LOL! I was thinking more along the lines of junk bonds. I hear Sudan has bonds going for dirt cheap right now!!! |
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Oops- that is for 2 years of interest! |
Ask Big Ute about how he pays his tithing he has some very good ideas on how to invest the money and keep it in stocks then donate the stocks to the church.
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We have always paid tithing annually while paying fast offerings monthly. This is my wife's plan and she makes all of these deciisons at my house which is a very good thing for me.
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For the record, we pay our tithing at the end of the year, during tithing settlement and we do fast offerings monthly. I have never had a bishop say one word about it, one way or the other.
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