In honor of Mother’s Day this weekend, I wanted to take some time and show my appreciation for one of the greatest influences in my life, my mom.
I believe that God wants us to prosper. He wants us to be successful in our careers, in our relationships, and in our families. I believe He wants us to live free from worry and become financially independent– to achieve these things He has made numerous blessings and opportunities available.
Over the next several days, I am going post my top 5 conference talks on debt. There are way more than just 5 that I love and it was very difficult to narrow them down– some really good ones will be left out– but I think I found 5 good talks that everyone will enjoy and that offer some really good words of wisdom and counsel.
I cannot emphasize enough the importance of planning out your monthly finances before the month begins. You have to have a plan. You have to know how much money is coming in, how much is going out, and where where it is going– this is the purpose of the monthly family budget meeting.
Setting your monthly budgets can be overwhelming. When planning your monthly spending plan, it’s much easier to prioritize. You need to cover the necessities first and foremost, before doing anything else.
I’ve emphasized the importance of reading quality books, specifically regarding money and finance, and always learning as much as we can on the subject. Becoming competent in the area of personal finance and always being determined to improve our financial literacy is important when striving for financial independence. If you haven’t already, I highly recommend […]
The first step, and the most important factor in debt elimination, is a firm commitment to reject debt… This change in attitude is not subtle or gradual but rather resembles the flip of a switch—it’s a resolute determination to make a clean break from the culturally accepted addiction to debt. –Luke V. Erickson […]
This article was originally written and published by the Church News and posted on June 11, 2011 at ldschurchnews.com. To view article in its entirety click here. Bondage of Debt Published: Saturday, June 11, 2011 In October 1929, the collapse of the U.S. stock market set in motion a national and worldwide economic downturn so […]