Archive for the ‘General Authorities’ Category
November 1st, 2008
Exerpts:
“In the long run, it is easier to live within our income and resist borrowing from future reserves except in cases of necessity never for luxuries. It is not fair to ourselves or our communities to be so improvident in our spending that the day our income stops we must turn to relief agencies or the Church for financial aid.
Do not, I solemnly urge you, tie yourselves to payment of carrying charges that are often exorbitant. Save now and buy later, and you will be much further ahead. You will spare yourselves high interest and other payments, and the money you save may provide opportunity for you to buy later at substantial cash discounts. Read the rest of this entry »
October 24th, 2008
Making Money Your Ally by: By W. Steve Albrecht
Exerpts:
“Law 1: Pay an Honest Tithing…
Law 2: Budget Your Expenditures…
Law 3: Save Some Money Every Month…
Law 4: Decrease Your Expectations…
Law 5: Stay Free from Debt…
Law 6: Become Knowledgeable Consumers…
Law 7: Teach Family Members the Importance of Work and Managing Money…
Law 8: Make Wise Investments…
Law 9: Have a Will…
Law 10: Keep Money in Perspective…”
October 16th, 2008
I received an email from a friend with a transcript of Elder Boyd K Packer speaking at a testimony meeting on Oct 12.
However, I have removed the attachment after reading further here: Comments from another blogger who called church headquarters about it, and having received a number of emails through regular church channels suggesting that the comments were not accurate.
Posted in General Authorities | 
Tags: apostle, bad economy, catastrophe, general authority, mormon | 
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October 15th, 2008
Climbing Out of Debt by President Hinckley
Exerpts:
“Realize It Is a Spiritual Matter
- Paying an honest tithing.
- Paying a generous fast offering.
- Giving time, talent, and energy toward building the kingdom of God.’
- Following principles of self-reliance.
- Cultivating gratitude.
‘We are beguiled by seductive advertising. Television carries the enticing invitation to borrow up to 125 percent of the value of one’s home. But no mention is made of interest.’ Read the rest of this entry »
Posted in General Authorities |
Tags: debt, finances, genrous fast offering, mormon, personal debt, self-reliance |
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October 11th, 2008
Ezra Taft Benson addressing BYU students about debt.
October 8th, 2008
President Monson gave a great talk and discussed 3 things we can do to qualify to be God’s people
- Learn what we should learn
- Do what we should do
- Be what we should be
Since the Book of Mormon promises that if we keep the commandments, we’ll prosper in the land, and especially in our troubled times, we need to heed this counsel.
Experts: Read the rest of this entry »
October 4th, 2008
2008 OCT General Conference – Sat. Morning: Elder L Tom Perry (Let Him Do It With Simplicity):
- Stress and anxiety can be caused by ups and downs of the economy and associated circumstances
- spoke of US housing crisis, rising fuel costs. Future is not predictable, but we must
- Encouraged us to return to a simple life and living within our means to reap the spiritual blessings that come from it.
- Told story of a man who went to live in a rural area for 2 years, not as a hermit, but to live simply to figure out the meaning of life.
- built his own home and reedom for $28.04. Planted a garden to sell food to sustain himself (made only $8.71).
- He enjoyed spirutual benefits of a simple lifestyle.
- He determined that to survive we need 4 things: Food, clothing, shelter and fuel.
September 29th, 2008
Exerpts:
“All too often a family’s spending is governed more by their yearning than by their earning. They somehow believe that their life will be better if they surround themselves with an abundance of things. All too often all they are left with is avoidable anxiety and distress”
September 26th, 2008
One of my favorite talks about debt. This talk made me get my act in gear regarding food storage. Its interesting that now, 10 years later the economies of North America are not doing very well. That rehearsal of Pharoah’s dream, with 7 years of plenty was truly prophetic.
http://www.lds.org/conference/talk/display/0,5232,89-1-22-20,00.html
Exerpts:
“…I am suggesting that the time has come to get our houses in order.
So many of our people are living on the very edge of their incomes. In fact, some are living on borrowings.
What a wonderful feeling it is to be free of debt, to have a little money against a day of emergency put away where it can be retrieved when necessary…..
I urge you, brethren, to look to the condition of your finances. I urge you to be modest in your expenditures; discipline yourselves in your purchases to avoid debt to the extent possible. Pay off debt as quickly as you can, and free yourselves from bondage. Read the rest of this entry »
September 22nd, 2008
“I would like to explain five principles of economic constancy…
Constancy #1: Pay an honest tithing…
Constancy #2: Live on less than you earn…
Constancy #3: Learn to distinguish between needs and wants…
Constancy #4: Develop and live within a budget…
Constancy #5: Be honest in all your financial affairs…”
The order of these suggestons is important. First you keep the commandments, then to change your desires, then you get to the mecahnics of a budget and continue honestly.
