eternal marriage

59

DEBT

Related Scriptures

Proverbs 22:77

“The rich ruleth over the poor, and the borrower is
servant to the lender.”

Romans 13:8

“Owe no man any thing, but to love one another:
for he that loveth another hath fulfilled the law.”

Mosiah 4:28

“And I would that ye should remember, that
whosoever among you borroweth of his neighbor
should return the thing that he borroweth, according
as he doth agree, or else thou shalt commit sin; and
perhaps thou shalt cause thy neighbor to commit
sin also.”

Doctrine and Covenants 64:27

“Behold, it is said in my laws, or forbidden, to get
in debt to thine enemies.”

Doctrine and Covenants 104:78

“And again, verily I say unto you, concerning your
debts—behold it is my will that you shall pay all
your debts.”

Doctrine and Covenants 136:25

“If thou borrowest of thy neighbor, thou shalt restore
that which thou hast borrowed; and if thou canst
not repay then go straightway and tell thy neighbor,
lest he condemn thee.”

SELECTED TEACHINGS

President Spencer W. Kimball

“All my life from childhood I have heard the
Brethren saying, ‘get out of debt and stay out of
debt.’” (in Conference Report, Apr. 1975, 166).

“Selfishness and other sins are responsible for most

divorces. The apostle Paul knew the answer. He said

for men to love their wives and wives to love their

husbands. For two people to work out their marriage

together, they need a carefully worked out budget,

made by both husband and wife, and then careful

adherence to the same” (in Conference Report, Oct.

1975, 6; or Ensign,Nov. 1975, 6).

President Ezra Taft Benson

“Our inspired leaders have always urged us to get out

of debt, live within our means, and pay as we go”

(“‘Pay Thy Debt, and Live,’” Ensign,June 1987, 3).

President Gordon B. Hinckley

“To satisfy our desires, we go into debt, dissipate

our resources in the payment of high interest, and

become as slaves working to pay it off....

“I commend to you the virtues of thrift and

industry.... It is work and thrift that make the

family independent” (“‘Thou Shalt Not Covet,’”

Ensign,Mar. 1990, 4).

President Thomas S. Monson

“We urge all Latter-day Saints to be prudent in their

planning, to be conservative in their living, and to

avoid excessive or unnecessary debt” (in Conference

Report, Apr. 1992, 68; or Ensign,May 1992, 47).

Elder Marvin J. Ashton

See quotation on pages 115–19.

Elder L. Tom Perry

“The current cries we hear coming from the great

and spacious building tempt us to compete for

ownership in the things of this world.... Often

these items are purchased with borrowed money

without giving any thought to providing for our

future needs....

“... Wisely we have been counseled to avoid debt

as we would avoid the plague....

“... A well-managed family does not pay interest—

it earns it” (in Conference Report, Sept.–Oct. 1995,

45, 47; or Ensign,Nov. 1995, 35–36).

President James E. Faust

“We must be careful of the misuse of credit. The use

of credit cards in many places has increased consumer

The time has come to get

our houses in order.

—President Gordon B. Hinckley