Church News - The Church of Jesus Christ of Latter-day Saints

A thought from the scriptures

Published: Saturday, Dec. 1, 2001

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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 104:78

"The world affects us . . . especially in economic ways," said Elder Mark E. Petersen of the Quorum of the Twelve, speaking in April 1981 general conference. "These include strong persuasions to overspend our financial resources, to buy beyond our means, to overextend our credit and thus sink deeply into debt. Oh, the inducements of sales pressures, of persuasive advertising, of easy credit, and the unwise use of credit cards!"