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Comment by starskublue

It's important to note the historical context around this. The LDS church used to be constantly in extreme debt and close to having their religious buildings taken away due to it. Then in the early 1900s they instituted a simple financial policy that could also be an example for members.

1. Spend less than you take in. 2. Save/invest a portion of what you bring in for a rainy day.

Thus over a hundred years that builds up. I'm a Mormon and personally don't have an issue with it as I know that wealth doesn't go to church leaders (they all get the same stipend which for many is less than they made in their professional lives) and is simply fund available to the Church for times of need.

parent starskublue 6 years ago

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