One of my favorite talks about debt. This talk made me get my act in gear regarding food storage. Its interesting that now, 10 years later the economies of North America are not doing very well. That rehearsal of Pharoah’s dream, with 7 years of plenty was truly prophetic.
http://www.lds.org/conference/talk/display/0,5232,89-1-22-20,00.html
Exerpts:
“…I am suggesting that the time has come to get our houses in order.
So many of our people are living on the very edge of their incomes. In fact, some are living on borrowings.
What a wonderful feeling it is to be free of debt, to have a little money against a day of emergency put away where it can be retrieved when necessary…..
I urge you, brethren, to look to the condition of your finances. 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.
This is a part of the temporal gospel in which we believe. May the Lord bless you, my beloved brethren, to set your houses in order. If you have paid your debts, if you have a reserve, even though it be small, then should storms howl about your head, you will have shelter for your wives and children and peace in your hearts. That’s all I have to say about it, but I wish to say it with all the emphasis of which I am capable.”
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