My thoughts on Elder Hales' talk "
Becoming Provident Provides Temporally and Spiritually"
I think this is going to be a very long post. There is so much in this talk that really spoke to me. Elder Hales departs some great wisdom for all of us. I won't even do justice to his talk, but here are the points I thought needed my attention or the attention of my children (if they ever listen to me or read my blog).
"Of course some debt incurred for education, a modest home, or a basic automobile may be necessary to provide for a family."
Only three things we need to go in dept for and two of those with adjectives. I wonder how different our economy would be right now if we had all lived that way? I wonder what our/my personal economy would be if I lived that way. I can not tell you the blessing it was to get out of college without a dime of dept. WOW! I know that is unheard of and we have parents to thank for that, but neither Steve or I would be where we are if we would have started with a major load of dept. Modest--we have a very modest home. Basic--our cars meet our needs and thankfully are all paid for. Just wish we wouldn't have bought the red one--it is a money hole, but we learned a lesson.
"Additional dept is incurred when we cannot control our wants and addictive impulses."
AMEN! I know that is so very hard---control, but it is necessary.
"We must want more than anything else to change our lives so that we can break the cycle of dept and our uncontrolled wants."
I use to have a saying on my fridge that said, "One wants what one wants." I put it there to help me control my appetite. I either want to be skinny or I want the food I'm going to stuff down my throat. If you want out of debt then you will get yourself out of debt and you will do what is necessary to get yourself there.
"Our challenges, including those we create by our own decisions,"
OUCH! I wonder how many of my challenges are of my own making. I wonder how much more of a person I would be if I let the Lord give me the challenges instead of coming up with my own. I wonder how much more I would learn if I just let the Master give me the tests.
"Each temptation we overcome is to strengthen us, not destroy us. The Lord will never allow us to suffer beyond what we can endure."
"Our success is never measured by how strongly we are tempted but by how faithfully we respond."
I love that promise. I live by that promise.
"To provide providently, we must practice the principles of provident living: joyfully living within our means, being content with what we have, avoiding excessive debt, and diligently saving and preparing for rainy day emergencies."
I love the word he slips in here: JOYFULLY! I can live within my means, but I'm not always joyful about it. Therein lies the challenge I've given myself. Guess I better change my ways.
I won't quote the next paragraph (it is kind of long) but he speaks about how when we want things (covet) we find ourselves in debt for those things and then we are working hard to pay them and become depressed. Our relationships suffer (how many marriages are broken because of money issues) and most importantly our relationship with the Lord suffers. "We do not have the time, energy or interest to seek spiritual things."
"We can't afford it, even though we want it!"
"We can afford it, but we don't need it."
Harsh words in today's world, but so necessary.
TITHING: I could write articles on the blessing of tithing, because the promise of Malachi is true. I testify of it. I lived it! I hope my children see it. I hope we have explained it to them even though it is hard to see in our life now.
BUDGETS: I have a love-hate relationship with them. I love them when they work for my wants and I hate them went they don't. It is so hard sometimes, ok, lots of times, but I know it is for the best. I think my husband and I do a pretty good job at keeping within our budget. Of course there is always room for improvement.
"This will teach our children to recognize the difference between wants and needs and to plan ahead for meaningful use of family resources."
We try to teach this very carefully and it seems as if two of our three teens has this down, but there is another that I just pray his wife will be great with money because as soon has he has it it is gone!
Elder Hales' last two promises:
"...ask ourselves, 'Is the benefit temporary or will it have eternal value and significance?'" Truthfully answering these questions may help us avoid excessive debt and other addictive behavior."
"I testify that the appetite to possess worldly things can only be overcome by turning to the Lord. The hunger of addiction can only be replaced by our love for Him. He stands ready to help each one of us."