Monday, January 18, 2010

Motivational Monday

Tree of Light
photo by jPhilipson

Avoid debt. … Today everything is seemingly geared toward debt. “Get your cards, and buy everything on time”: you’re encouraged to do it. But the truth is that we don’t need to do it to live. We wonder what our people will do who have been spending their all and more. If employment and income should reduce, what then? Are you living beyond your means? Do you owe what you cannot pay if times became perilous? Are your shock absorbers in condition to take a shock? Plan and work in a way that will permit you to be happy even as you do without certain things that in times of affluence may have been available to you. Live within your means and not beyond them. … Purchase your essentials wisely and carefully. Strive to save a portion of that which you earn. Do not mistake many wants for basic needs.

“Chapter 11: Provident Living: Applying Principles of Self-Reliance and Preparedness,” Teachings of Presidents of the Church: Spencer W. Kimball, (2006),114–23


Sharron said...

Amen Sisters! I know someone in an Elder's Quorum presidency who is so blown away by the way so many live beyond their means and haven't gotten the picture that the economy has turned down.

This particular brother and his wife have gone through a terrific reduction in their income and have adjusted. It keeps so much of the stress out of their lives. A BIG old adjustment for them, but they are feeling blessed by their decisions to make lemonade out of the lemons life has handed them. it is enabling them to work together to go another direction and rebuild their financial situation,