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Tuesday, April 19, 2011

Prudence should govern our lives- Hinckley, 2002

Ensign » 2002 » November

To Men of the Priesthood
President Gordon B. Hinckley

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Brethren, I wish to urge again the importance of self-reliance on the part of every individual Church member and family.

None of us knows when a catastrophe might strike. Sickness, injury, unemployment may affect any of us.

We have a great welfare program with facilities for such things as grain storage in various areas. It is important that we do this. But the best place to have some food set aside is within our homes, together with a little money in savings. The best welfare program is our own welfare program. Five or six cans of wheat in the home are better than a bushel in the welfare granary.

I do not predict any impending disaster. I hope that there will not be one. But prudence should govern our lives. Everyone who owns a home recognizes the need for fire insurance. We hope and pray that there will never be a fire. Nevertheless, we pay for insurance to cover such a catastrophe, should it occur.

We ought to do the same with reference to family welfare.

We can begin ever so modestly. We can begin with a one week’s food supply and gradually build it to a month, and then to three months. I am speaking now of food to cover basic needs. As all of you recognize, this counsel is not new. But I fear that so many feel that a long-term food supply is so far beyond their reach that they make no effort at all.

Begin in a small way, my brethren, and gradually build toward a reasonable objective. Save a little money regularly, and you will be surprised how it accumulates.

Get out of debt and rid yourself of the terrible bondage that debt brings.

We hear much about second mortgages. Now I am told there are third mortgages.

Discipline yourselves in matters of spending, in matters of borrowing, in practices that lead to bankruptcy and the agony that comes therewith.

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