President Hinckley said: "We have been counseled again and again concerning self-reliance, concerning debt, concerning thrift. So many of our people are heavily in debt for things that are not entirely necessary. . . . I urge you as members of this Church to get free of debt where possible and to have a little laid aside against a rainy day."
—"The Times in Which We Live," Ensign, Nov. 2001, 73

A number of calculators are available to help you make wise financial decisions. With careful planning now, you and your family will be able to enjoy a more secure financial future.

Take a few moments to consider some of the following questions:

• Where is my money going?
• How long will it take to pay off my credit card?
• When will my loan be paid off?
• What if I pay a little extra each month on my loan?
• What would my payment be if I borrowed?
• Should I refinance my home mortgage?
• What would be my monthly payment on a new home?
• How much should I save for emergencies?
• How much should I save for retirement?
• Are my current retirement savings adequate?
• How much retirement income will I have if I save regularly?
• How much should I save to reach my goal?
• How much could I have if I saved regularly?
• Would spending a little less and saving a little more make a difference?

As with any planning tool, these calculators can help you make wise financial decisions if used appropriately. Since you may have unique needs or concerns, however, it may be wise to visit with a trusted individual or professional advisor.