Wise Financial Management During Tough Economic Times

Recent studies show one in four American workers is seriously distressed about his personal financial situation. Add to that the uncertainty of the economy and there becomes an increased need to improve personal and family financial management.

Richard W. Ebert Jr., the director of Employment Resource Services for The Church of Jesus Christ of Latter-day Saints, says, “Financial problems are a source of much unhappiness and are certainly a major factor in family and work difficulties. Unresolved, they can lead to crushing debt and divorce.”

Knowing this, leaders of the Church have counseled its members for decades to prepare for hard times by avoiding financial problems and becoming more economically stable. Recently, the senior leadership of the Church published the brochure All Is Safely Gathered In: Family Finances to help members manage their resources.

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