Position Statement: Debt

My husband recently started a new job. The new job includes a pay increase. As such, my husband and I are now accountable for a higher amount of money each month. It is easy to feel rich and to spend with reckless abandon. It is better to plan, follow a budget, and save for rainy days that are sure to come. I am grateful that the prophets teach us to live within our means, and I am glad that paying tithing teaches us to contribute to a cause greater than ourselves.