DAVE RAMSEY

Dave Ramsey says: If businesses want to tithe, base it off profits not gross

Jul 27, 2021, 12:00 PM

(Public Domain Pictures Photo)...

(Public Domain Pictures Photo)

(Public Domain Pictures Photo)

Dear Dave,

My wife and I are Christians, and we own a successful small business in our town. Should businesses tithe?

— Barker

Dear Barker,

This is a good question. Giving is never a bad idea unless you do it irresponsibly and to the point of putting your family in financial danger.

To the best of my knowledge, the Bible only addresses the topic of tithing by individuals, not businesses.

Personally, I don’t give a tenth of my business gross or net until I receive my paycheck. When that happens — meaning it’s profit that I’m going to pay taxes on, or it’s salaried income out of my business — I tithe on the profits.

So, I can’t really tell you I’ve found Biblical instruction to give a tenth of your business. Hope this helps!

— Dave

ENDORSEMENTS

Dave Ramsey

Dave Ramsey on unemployment benefits....

Dave Ramsey

Dave Ramsey says: It’s morally OK for accepting unemployment benefits

A reader who recently lost his job is unsure if it's morally acceptable to take in unemployment benefits. Dave Ramsey gives his answer.

7 days ago

Dave Ramsey said "heart problems" can cause money issues. (Pexels File Photo)...

Dave Ramsey

Dave Ramsey says: Don’t be emotional with money. It can ruin your finances

Dave Ramsey says many people have a "heart problem," which is when someone's attitude toward money is emotional and not strategic.

21 days ago

Two people shake hands....

Dave Ramsey

Dave Ramsey says: Small businesses should not seek out investors

Financial expert Dave Ramsey shares his advice for small businesses looking to grow with investor support.

23 days ago

Dave Ramsey recommends pushing your ego aside when times get tough. (Pexels Photo)...

Dave Ramsey

Dave Ramsey says: When times are tough, push your ego aside

Financial expert Dave Ramsey shares his advice for people who may be struggling with finances while unemployed.

28 days ago

Taking money out of savings to pay off credit cards: yay or nay?...

Dave Ramsey

Dave Ramsey says: Do this before using your savings to pay off credit card debt

Financial expert Dave Ramsey shares his advice for people who are considering taking money out of savings to pay off credit card debt.

1 month ago

Wills or trusts: How to find the best fit for your financial situation...

Dave Ramsey

Dave Ramsey says: Are wills or trusts better for your personal financial situation?

A man was talking to some friends the other day about wills and trusts. He isn't sure what to do. Dave Ramsey shares some guidance.

1 month ago

Sponsored Articles

...

Dr. Shanyn Lancaster, Family & Sports Medicine physician, Midwestern University Comprehensive Care Clinic – Central Phoenix

Exercise is truly your best medicine

“You never slow down, you never grow old”. – Tom Petty

...

Collins Comfort Masters

Here’s how to be worry-free when your A/C goes out in the middle of summer

PHOENIX -- As Arizona approaches another hot summer, Phoenix residents are likely to spend more time indoors.

...

DESERT INSTITUTE FOR SPINE CARE

Desert Institute for Spine Care is the place for weekend warriors to fix their back pain

Spring has sprung and nothing is better than March in Arizona. The temperatures are perfect and with the beautiful weather, Arizona has become a hotbed for hikers, runners, golfers, pickleball players and all types of weekend warriors.

Dave Ramsey says: If businesses want to tithe, base it off profits not gross