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Originally Posted by hoyacoug
Now that I have your attention, would it be bad to invest all of your tithing money from every paycheck into an ING account or other safe savings account bearing 5% interest or so? You could make quite a bit of money on the interest over the course of a year, withdraw all of the money in December to pay tithing, and then pay tithing on the interest that had accrued.
I suppose the only question would be, does the church need the money immediately or would the money be of more value to the church immediately than it would be to me? I assume the church has hundreds of millions in cash reserves, if not more, and doesn't need my meager contribution right away. Then again, if everyone did it, it could put the church in a crunch.
We only need to account for tithing once a year. Does that mean we only need to pay once a year?
Thoughts?
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Interesting question. Now that I think of it, I'm not aware of any guidance from the church on how often tithing should be paid, though I assume some exists.
Since tithing settlement occurs annually, I would assume that you should pay one a year on your increase, as you define that.
Subject to someone producing some authority to the contrary, I see nothing wrong with what you propose.