Exerpts:

“Realize It Is a Spiritual Matter

1. Paying an honest tithing.
2. Paying a generous fast offering.
3. Giving time, talent, and energy toward building the kingdom of God.’
4. Following principles of self-reliance.
5. 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.’

Seek Divine Help

‘So many of our people are living on the very edge of their incomes. In fact, some are living on borrowings. ‘ I am troubled by the huge consumer debt which hangs over the people.’

Budget, Eliminate Acquired Debt, Save

‘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.’

Avoid New Debt

It is all too easy to get wrapped up in an expensive lifestyle. I’ve learned that you don’t have to spend a lot of money to enjoy life to the fullest.Dale Cooper, Garden Lakes Ward, Phoenix Arizona West Maricopa Stake

Teach Children to Live within Family Means

‘I recognize it may be necessary to borrow to get a home, of course. But let us buy a home that we can afford and thus ease the payments which will constantly hang over our heads without mercy or respite for as long as 30 years.’

Choose an Affordable Home

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