- Pay an honest tithing- "The payment of tithing is a commandment, a commandment with a promise. If we obey this commandment, we are promised that we will “prosper in the land.”
- Live on less than you earn- 'The key to spending less than we earn is simple—it is called discipline. Whether early in life or late, we must all eventually learn to discipline ourselves, our appetites, and our economic desires. How blessed is he who learns to spend less than he earns and puts something away for a rainy day."
- Learn to distinguish between needs and wants- "I know of no situation where happiness and peace of mind have increased with the amassing of property beyond the reasonable wants and needs of the family"
- Develop and live within a budget- "Budgeting and financial management need not be overly complicated or time-consuming."
- Be honest in all your financial affairs- "The ideal of integrity will never go out of style. It applies to all we do. As leaders and members of the Church, we should be the epitome of integrity."
Tuesday, January 17, 2012
Constancy Amid Change
Here are the main points and quotes from an excellent Ensign article by a former apostle, Elder N. Eldon Tanner, entitled "Constancy Amid Change". Although the article was published 20 years ago the principles he teaches are timeless.
Labels:
Financial Management