A Homegrown Family: Debt....

Thursday, March 12, 2009

Debt....

Pay the debt thou hast contracted...Release thyself from bondage.
D&C 19:35

We have been seduced into believing that borrowed money has no penalty, that financial bondage is an acceptable way to live. I suggest that it is not. We would do well to be modest and prudent in our expenditures, to discipline our purchasing and avoid debt to the extent possible, to pay off debt quickly, and to free ourselves from the bondage of others.

Taken from Stand A Little Taller by Gordon B. Hinckley

1 comment:

AnonymousMarch 12, 2009 at 4:23 PM
Bondage is the perfect word for debt. We're making this our year or striving to free ourselves from as much as possible as fast as possible. Even just knowing we're trying is a freeing feeling.
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The Old-Fashioned Homemaker. . .
~Does her best, and leaves God the rest.
~Does not indulge in self-pity, but loses her life in the service of her fellow man.
~Dresses to please her Lord and family.
~Guards her health as her greatest wealth.
~Knows that an apron is a girl's best friend.
~Knows that home-making is an art and a science, and is always learning something new.
~Lets her joy bubble out in song, all day long.
~Lives in His light, not her own.
~Loves Nature, and teaches her children to respect its Creator.
~Never gives up.
~Strives to be self-sufficient.

Thomas Jefferson’s 10 Rules to Live by:
1. Never put off tomorrow what you can do today.
2. Never trouble another for what you can do yourself.
3. Never spend your money before you have earned it.
4. Never buy what you don’t want because it is cheap.
5. Pride costs more than hunger, thirst and cold.
6. We seldom repent of having eaten too little.
7. Nothing is troublesome that we do willingly.
8. How much pain the evils have cost us that never happened.
9. Take things always by the smooth handle.
10. When angry, count ten before you speak, if very angry, count to a hundred.

Ben Franklin’s 13 Virtues
1. TEMPERANCE. Eat not to dullness; drink not to elevation.
2. SILENCE. Speak not but what may benefit others or yourself; avoid trifling conversation.
3. ORDER. Let all your things have their places; let each part of your business have its time.
4. RESOLUTION. Resolve to perform what you ought; perform without fail what you resolve.
5. FRUGALITY. Make no expense but to do good to others or yourself; i.e., waste nothing.
6. INDUSTRY. Lose no time; be always employ'd in something useful; cut off all unnecessary actions.
7. SINCERITY. Use no hurtful deceit; think innocently and justly, and, if you speak, speak accordingly.
8. JUSTICE. Wrong none by doing injuries, or omitting the benefits that are your duty.
9. MODERATION. Avoid extremes; forbear resenting injuries so much as you think they deserve.
10. CLEANLINESS. Tolerate no uncleanliness in body, clothes, or habitation.
11.TRANQUILLITY. Be not disturbed at trifles, or at accidents common or unavoidable.
12. CHASTITY. Rarely use venery but for health or offspring, never to dullness, weakness, or the injury of your own or another's peace or reputation.
13. HUMILITY. Imitate Jesus and Socrates.

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Thursday, March 12, 2009

Debt....

1 comment: