The phrase "provident living," or living within our means (not spending more than we have) may sound like a joke to many in the world today, especially after we just went through an economic recession where people could simply "state" how much income they wanted to get a house, and our nation still teeters on the brink of default.
Personally, I'm so grateful that the Lord has called prophets and apostles in our day and age to warn us about avoiding excessive debt.
Here is a link that discuss living within our means and a message from President Thomas S. Monson, which discusses, in part, avoiding excessive debt (given in 2006).
Hope you enjoy both.
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