Personal Finance and Family Finance ideas and articles from an LDS perspective.

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Delinquencies on the Rise

Last week the American Bankers Association announced that loan delinquencies (loans with payments past 30 days overdue) have reached a record high in the United States for the first quarter of the year. This stat begs the question - how important is it to pay back our debts? What if we lose our employment? What if we can’t feed our family?

Elder Joseph B. Wirthlin commented on this very subject: “Let me tell you Read more…