Here is a historical perspective that explains why the Church's savings make so much sense. Basically, the Church has had financial problems in the past due to

Here is a historical perspective that explains why the Church's savings make so much sense. Basically, the Church has had financial problems in the past due to spending more (on things like construction) than it received from tithing, and the strenuous efforts needed at those times. It is important to be able to continue the extensive worldwide operations even in a major downturn. The Church contributes to extensive humanitarian aid, education, construction, building maintenance, publishing, etc, and counsels its members to avoid debt and save for a rainy day, and it tries to follow that same advice. https://www.deseret.com/faith/2023/5/14/23649253/cbs-60-minutes-mormon-lds-church-finance-story-what-it-missed https://www.deseret.com/faith/2023/5/14/23649253/cbs-60-minu...