Prepare Every Needful Thing

"If ye are prepared, ye shall not fear"

Financial Preparedness–May 2013

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Habits: Pay Tithing and Track your Spending


  1. The Lord has promised great blessings to those who pay a full and honest tithe and so any financial preparedness program should begin there.  By returning a tenth to the Lord, we exercise our faith, show gratitude for His blessings and open the windows of heaven to receive help and guidance as we work to become better prepared.  Please contact the bishop if you have questions or concerns.
  1. The second goal for the month is to keep track of what you spend.  Hang on to all receipts, bills and invoices.  Record these amounts regularly.  Most find recording either daily or weekly works best, as the transactions are still fresh in one’s mind and the quantity of work is very manageable. The record-keeping can take place in a notebook, in a spreadsheet or on a computer budgeting program.  Some banks and credit unions even offer such tools as part of their services.  Just find a method that works for you and begin.  This is an important preliminary step for setting up a budget, which we will do next month!

Basic budget sheet from

Sample budget worksheet

“Wherefore, be not weary in well-doing, for ye are laying the foundation of a great work. And out of small things proceedeth that which is great.”   D&C 64:33

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