James explains that we should not focus on riches of the world, but rather riches of the gospel and of things not of this world. He urges us to learn patience, even as Job learned patience; knowing that the “…Lord is very pitiful, and of tender mercy.” (James 5:11)
Are you afflicted? If so pray. Are you merry? Sing a song. “Is any sick among you? Let him call for the elders of the church; and let them pray over him, anointing him with oil in the name of the Lord: And the prayer of faith shall save the sick, and the Lord shall raise him up…” (James 5:14-16) We learn that we can receive priesthood blessings when we are sick, with the anointing of sacred oil.
James also encourages us to convert others unto the Lord. If we do this, we can also be forgiven for many of our own sins. “Let him know, that he which converteth the sinner from the error of his way shall save a soul from death, and shall hide a multitude of sins.” (James 5:20)