Guide to Family Finances By Elder Marvin J. Ashton (1915–1994) Of the Quorum of the Twelve Apostles

 

1 Pay an honest tithing.

2 Learn to manage money before it manages you. 

3 Learn self-discipline and self-restraint in money matters.

4 Use a budget. 

5 Teach family members early the importance of working and earning.

6 Teach children to make money decisions in keeping with their capacities to comprehend.

7 Teach each family member to contribute to the total family welfare. 

8 Make education a continuing process. 

9 Work toward home ownership.

10 Appropriately involve yourself in an insurance program. 

11 Understand the influence of external forces on family finances and investments.

12 Appropriately involve yourself in a food storage and emergency preparedness program. 

Read the whole article here:
Family Finances