Mormonism and Money

Mormonism and Money

Where does the Church get its money?

Mormonism and Money... this is what I know:

Some early Church members were asked to give all of their property and/or money to the Church for the use of the Church and its members. Many members obeyed in faith and gave all their excess to the Church. Property was purchased by the Church and sale of property benefits the Church growth needs and its members.

The law of tithing (giving one-tenth of one's income/increase back to God) was implemented and practiced by Church members since its organization April 6, 1830. Today, tithing is generally used for the building of meeting houses and temples, and the supplies and utilities used by them.

The Lord, through His prophets, also asks Church members to contribute fast offerings. Fast offerings is an amount of money individually determined to be in lieu of the amount of money that would have been used for missed meals during a monthly fast. These fast offerings are pooled and used to aid people who are in need of food and other living assistance. Mormons are encouraged to be generous in their fast offerings. 

There are also other options for monetary giving in Mormonism: a person can give monetarily to a general mission fund, an education fund, temple building, helping families with the cost of going to a temple... and there's probably more. 

Mormonism is about loving God and loving our neighbors (which includes all mankind), therefore, truly converted members of the Church give all they can in time, service, and funds. The Book of Mormon teaches us that 'when we are in the service of our fellow beings, we are in the service of God.' Mosiah 2:17

The Church of Jesus Christ of Latter-Day Saints is known to have a lot of wealth. This is a good thing; Mormons want to be able to support and provide for the needs of all God's children in the various capacities that cultivate spiritual growth and well-being. All giving is done privately and is up to each individual's conscience to give according to God's commandments.

 Mormonism teaches that each individual and family should be live providently in order to be self-sufficient and able to help others as needed.

Read more answers to your questions about Mormonism and Money:

http://www.mormontopics.org

http://www.mormon.org

http://www.lds.org

Chat LIVE with a Mormon about Mormonism:

http://www.mormon.ort/chat?cid=sgo-csm-cm

Read the Book of Mormon for yourself to learn what Mormonism is based upon:

http://www.mormon.org/free-book-of-mormon