President Ezra Taft Benson said,
“Do not leave yourself or your family
unprotected against financial storms.
… Build up savings.”
President Harold B. Lee taught,
“Not only should we teach men to get out
of debt
but we should teach them likewise to stay out of debt.”
President
Gordon B. Hinckley declared:
“Many of our people are living on the very
edge of their incomes.
In fact, some are living on borrowings. …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.”
To read more great financial advice here is a link to Elder Joseph B. Wirthlin's 2004 General Conference Address:
