Insights from Elder Ashton's "One for the Money"
1. Pay an honest tithe.
- Blessing come. Automatic budgeting- already take out 10%. More inclined to be responsible with money. Strengthens a marriage.
- I think this is important. As a child, nothing came free. In order to earn any amount of money, my parents taught us to work; taught us that money doesn't come easy. You feel better when you work for something than just getting it.
- I felt like I started learning this as a young teenager at school. When I got to high school, I had to take a personal finance class. It taught me the importance of finance and the importance of a check book. In Elder Ashton's talk, he suggests that the husband and wife rely on each other. Learn money management together.
- "Buy the type of home your income will support." Keeping improving your home, make it beautiful.
- When money is tight, food storage is a super hero. We've been counseled from the brethren to start a food storage program. We don't know where our life is going to go, but being prepared will lessen the stresses. "Accumulate basic supplies in a systematic and orderly way."