Build A Sound Financial Foundation Through Provident Living


The Lord has taught the importance of self-reliance as part of how we should live in mortality.  Self-reliance is an essential ingredient in creating Zion.  We read in Moses: "And the Lord called his people ZION, because they were of one heart and one mind, and dwelt in righteousness; and
there was no poor among them." (Moses 7:18)  The last phrase of this verse -- "there was no poor among them" -- demonstrates that those living in Zion had become self-reliant through provident living.

Resources to help understand the importance of self-reliance:

Provident Living--A Way of Life

What is meant by "provident living"?

President Spencer W. Kimball (1895–1985): “ ‘Provident living’ … implies the husbanding of our resources, the wise planning of financial matters, full provision for personal health, and adequate preparation for education and career development, giving appropriate attention to home production and storage as well as the development of emotional resiliency. …

“Let’s do these things because they are right, because they are satisfying, and because we are obedient to the counsels of the Lord. … It is true that difficult times will come—for the Lord has foretold them. … But if we live wisely and providently, we will be as safe as in the palm of His hand” (“Welfare Services: The Gospel in Action,” Ensign, Nov. 1977, 78).

President Gordon B. Hinckley (1910-2008): “We have been counseled again and again concerning self-reliance, concerning debt, concerning thrift.

“… Let us have some food set aside that would sustain us for a time in case of need. But let us not panic nor go to extremes. Let us be prudent in every respect. And, above all … let us move forward with faith in the Living God and His Beloved Son” (“The Times in Which We Live,” Liahona, Jan. 2002, 84–85).

Resources for Helping Members of the Church Live Providently

  • Provident Living  (  An excellent source of information regarding all aspects of provident living.

  How to Build a Sound Financial Foundation Within the Family Unit

Pay Tithes and Offerings

"Successful family finances begin with the payment of an honest tithe and the giving of a generous fast offering." ( Pay Tithes and Offerings)

Use A Budget

"Many people think a budget robs them of their freedom. On the contrary, successful people have learned that a budget makes real economic freedom possible." (N. Eldon Tanner [First Presidency], “Constancy amid Change,” Ensign, Jun 1982, pp. 2ff)

Avoid Overwhelming Debt Like a Plague
Emergency Preparedness

Avoid Materialism