For many years we have been taught correct principles by representative of the Lord. We would do well to heed their counsel with exactness and to the best of our abilities. We can sincerely pray for help in the areas that we fall short and...seek to do better line upon line.
If we do so, the Lord will help us attain to the stature that he desires for us; which includes both spiritual and financial freedom.
"We encourage you wherever you may live in the world to prepare for adversity by looking to the condition of your finances. We urge you to be modest in your expenditures; discipline yourselves in your purchases to avoid debt. . . . If you have paid your debts and have a financial reserve, even though it be small, you and your family will feel more secure and enjoy greater peace in your hearts."—The First Presidency, All Is Safely Gathered In: Family Finances, Feb. 2007, 1
Pay Tithes and Offerings
Use a Budget
Build a Reserve
Teach Family Members
“First, and above and beyond everything else, let us live righteously. …
“Let us avoid debt as we would avoid a plague; where we are now in debt, let us get out of debt; if not today, then tomorrow. “Let us straitly and strictly live within our incomes, and save a little. Pres. Benson
"You of small means put your money in foodstuffs and wearing apparel, not in stocks and bonds; you of large means will think you know how to care for yourselves, but I may venture to suggest that you do not speculate. Let every head of every household aim to own his own home, free from mortgage. Let every man who has a garden spot, garden it; every man who owns a farm, farm it.” (President J. Reuben Clark, Jr., in Conference Report, Apr. 1937, p. 26.) Read it also here; Pres. Benson
Becoming Provident Providers, Elder Hales, 2009
One for the Money, Elder Marvin J. Ashton, 2007