Tuesday, October 4, 2011

September Newsletter Finance Tip

In his April 2004 Conference talk entitled Earthly Debts, Heavenly Debts Elder Joseph B. Wirthlin outlines five key steps to financial freedom. This month we’ll look at:

· First, pay your tithing.

· Second, spend less than you earn.

· Third, learn to save.

· Fourth, honor your financial obligations.

· Fifth, teach your children to follow your example.

Tithing can be one of the hardest commandments to obey, but has so many rewards. Besides the skills of organization and self control, the Lord has promised blessings to those who pay their tithing. Most of us know we should pay our tithing, but don’t always stop to think why. In Earl C. Tingey’s April 2002 Conf. talk “The Law of Tithing” he states: In this dispensation, the Lord has established the law of tithing as the law of revenue of His Church. Without it, we could not carry out the eternal purposes of the Lord. It is also a law by which we show our loyalty to the Lord and prove ourselves worthy for privileges, ordinances, and blessings. In D&C 104:14-15 we are reminded that all we have has been given to us from God. When we pay an honest tithe we are giving back a tenth of what we have already been blessed with. When we pay an accurate tithe we are aware of our assets and can plan our finances accordingly. This is undoubtedly an important first step toward financial freedom!

No comments: