Today is a day of reflecting? Ask yourself, Am I self-reliant? Am I striving to pay off my debts to become free from bondage? Current economic conditions have flooded the news stations and headlines across the United States. Many have lost their homes to foreclosures and are struggling to make ends meet. It's obvious all around us, especially in markets where people buy large items (homes) way above their means.
The leaders of our Church have always counseled to "live in the world, but be not a part of it!"
This statement can be interpreted in many different ways and can be viewed from various angles. As members of the Church we are taught to get a one year food storage and prepare for the storms of life. They also counsel and advise us to get out of debt, live within our means, and become self-reliant. What great counsel and comfort when times like the current arise!
51 Wherefore, do not spend money for that which is of no worth, nor your alabor for that which cannot bsatisfy. Hearken diligently unto me, and remember the words which I have spoken; and come unto the Holy One of Israel, and cfeast upon that which perisheth not, neither can be corrupted, and let your soul delight in fatness. 2 Nephi 9:51
We live in a world where buying a big home and driving a fancy car is the popular thing to do to fit in with the 'rest' of America. Credit can be a very big trap for all of us. It lures us into thinking we can afford something we really cannot! Very scary...however if ye are prepared ye shall not fear.
78 And again, verily I say unto you, concerning your debts—behold it is my will that you shall apay all your bdebts. D&C 104:78
35 Pay the adebt thou hast bcontracted with the printer. Release thyself from cbondage.