Have you ever wondered what God is saying about our current financial situations? Here it is. In the October 2015 General Conference of The Church of Jesus Christ of Latter-day Saints we were given some wonderful prophetic council for our days. Since some of these applied to money issues I thought that I needed to take advantage of the opportunity and pass the council along.
1) Here are some excerpts from what Elder Robert D. Hales of the Quorum of the Twelve Apostles had to say:
“Beloved young adult brothers and sisters, I want to help you “fly right” in the gathering storms of the last days.You are the pilots. You are responsible to think about the consequences of every choice you make. Ask yourself, “If I make this choice, what is the worst thing that could happen?” Your righteous choices will keep you from getting off course.”
“If you never choose to go into debt, you will avoid the possibility of bankruptcy!
One of the purposes of the scriptures is to show us how righteous people respond to temptation and evil. In short, they avoid it! Joseph ran from Potiphar’s wife.3 Lehi took his family and left Jerusalem.4 Mary and Joseph fled into Egypt to escape Herod’s wicked plot.5 In every instance, Heavenly Father warned these believers. Similarly, He will help us know whether to fight, flee, or go with the flow of our unfolding circumstances. He will speak to us through prayer, and when we pray, we will have the Holy Ghost, who will guide us. We have the scriptures, the teachings of living prophets, patriarchal blessings, the counsel of inspired parents, priesthood and auxiliary leaders, and, above all, the still, small voice of the Spirit.
The Lord will always keep His promise: “I will lead you along.”6 The only question is, will we let ourselves be led? Will we hear His voice and the voice of His servants?
I testify that if you are there for the Lord, He will be there for you.7 If you love Him and keep His commandments, you will have His Spirit to be with you and guide you. “Put your trust in that Spirit which leadeth to do good. … By this shall you know, all things… pertaining unto things of righteousness.”8
Many of your generation are facing crushing debt.When I was a young adult, my stake president was an investment banker on Wall Street. He taught me, “You are rich if you can live happily within your means.” How can you do it? Pay your tithing and then save! When you earn more, save more. Don’t compete with others to have expensive toys. Don’t buy what you can’t afford.
Many young adults in the world are going into debt to get an education, only to find the cost of school is greater than they can repay. Seek out scholarships and grants. Obtain part-time employment, if possible, to help pay your own way. This will require some sacrifice, but it will help you succeed.
Education prepares you for better employment opportunities. It puts you in a better position to serve and to bless those around you. It will set you on a path of lifelong learning. It will strengthen you to fight against ignorance and error. As Joseph Smith taught: “Knowledge does away with darkness, suspense and doubt; for these cannot exist where knowledge is.
In knowledge there is power.”9 “To be learned is good if they hearken unto the counsels of God.”10 Education will prepare you for what is ahead, including marriage.”
“If you don’t have abundant resources, don’t worry. A wonderful Church member recently told me, “I didn’t raise my children on money; I raised them on faith.” There is a great truth to that.”
2) Elder Gary E. Stevenson of the Quorum of the Twelve Apostles shared a one line gem that i loved and think that it can apply to several categories of our lives, including our finances.
“Focus not on what you can't do but on what you can do.”
3) And Lastly, Devin G. Durrant of the Sunday School General Presidency offered the following challenge.
“I would like to extend to each of you two invitations. The first has financial implications. With the second invitation, the implications are spiritual. Both invitations, if accepted,will require a disciplined effort over an extended period of time to reap the rewards.
The First Invitation
The first invitation is simple: I invite you to save money each week. The amount you save is not particularly significant; that is up to you. As you develop a habit of saving, you will benefit personally. And you may also have opportunities to assist others financially as a result of your diligence. Imagine the positive outcome of saving money weekly for six months, a year, 10 years,or more. Small efforts sustained over time can produce significant results.2”