Elder Dallin H. Oaks of the Quorum of the Twelve Apostles taught who the ten virgins represent:
“The ten virgins obviously represent members of Christ’s Church, for all were invited to the wedding feast and all knew what was required to be admitted when the bridegroom came. But only half were ready when he came” (“Preparation for the Second Coming,” Ensignor Liahona, May 2004, 8).
“He … told of coming home from a date shortly after he had been ordained an elder at age 18. Something had happened on this date of which he was not proud. He did not go into any details, nor should he have done so in a public setting. To this day I do not know the nature of the incident, but it was significant enough to him to have affected his spirit and his self-esteem.
“As he sat in his car for a while in the driveway of his own home, thinking things through and feeling genuine sorrow for whatever had happened, his nonmember mother came running frantically from the house straight to his car. In an instant she conveyed that this boy’s younger brother had just fallen in the home, had hit his head sharply and was having some kind of seizure or convulsion. The nonmember father had immediately called for an ambulance, but it would take some time at best for help to come.
“‘Come and do something,’ she cried. ‘Isn’t there something you do in your Church at times like this? You have their priesthood. Come and do something.’ …
“… On this night when someone he loved dearly needed his faith and his strength, this young man could not respond. Given the feelings he had just been wrestling with and the compromise he felt he had just made—whatever that was—he could not bring himself to go before the Lord and ask for the blessing that was needed.”
“‘No one who has not faced what I faced that night will ever know the shame I felt and the sorrow I bore for not feeling worthy to use the priesthood I held. It is an even more painful memory for me because it was my own little brother who needed me and my beloved nonmember parents who were so fearful and who had a right to expect more of me. But as I stand before you today, I can promise you this,’ he said. ‘I am not perfect, but from that night onward I have never done anything that would keep me from going before the Lord with confidence and asking for His help when it is needed. Personal worthiness is a battle in this world in which we live,’ he acknowledged, ‘but it is a battle I am winning. I have felt the finger of condemnation pointing at me once in my life, and I don’t intend to feel it ever again if I can do anything about it. And, of course,’ he concluded, ‘I can do everything about it’” (“The Confidence of Worthiness,” 59).
“I now want to use one of many possible interpretations of the parable of the ten virgins to highlight the relationship between testimony and conversion. Ten virgins, five who were wise and five who were foolish, took their lamps and went to meet the bridegroom. Please think of the lamps used by the virgins as the lamps of testimony. The foolish virgins took their lamps of testimony but took no oil with them. Consider the oil to be the oil of conversion. …
“Were the five wise virgins selfish and unwilling to share, or were they indicating correctly that the oil of conversion cannot be borrowed? Can the spiritual strength that results from consistent obedience to the commandments be given to another person? Can the knowledge obtained through diligent study and pondering of the scriptures be conveyed to one who is in need? Can the peace the gospel brings to a faithful Latter-day Saint be transferred to an individual experiencing adversity or great challenge? The clear answer to each of these questions is no.
“As the wise virgins emphasized properly, each of us must ‘buy for ourselves.’ These inspired women were not describing a business transaction; rather, they were emphasizing our individual responsibility to keep our lamp of testimony burning and to obtain an ample supply of the oil of conversion. This precious oil is acquired one drop at a time—‘line upon line [and] precept upon precept’ (2 Nephi 28:30), patiently and persistently. No shortcut is available; no last-minute flurry of preparation is possible.
“‘Wherefore, be faithful, praying always, having your lamps trimmed and burning, and oil with you, that you may be ready at the coming of the Bridegroom’ (D&C 33:17)” (“Converted unto the Lord,” Ensignor Liahona, Nov. 2012, 109).
“Five are zealous and devoted, while five are inactive and lukewarm; ten have the testimony of Jesus, but only five are valiant therein” (Doctrinal New Testament Commentary, 3 vols. [1965–73], 1:685).
“The foolish virgins were not averse to buying oil. They knew they should have oil. They merely procrastinated, not knowing when the bridegroom would come. …
“Midnight is so late for those who have procrastinated” (Faith Precedes the Miracle [1972], 256).
The phrase “trimmed their lamps” (Matthew 25:7) means that the virgins cut the wicks of their lamps in a way that would allow for a bright flame.
“This was not selfishness or unkindness. The kind of oil that is needed to illuminate the way and light up the darkness is not shareable. How can one share obedience to the principle of tithing; a mind at peace from righteous living; an accumulation of knowledge? How can one share faith or testimony? How can one share attitudes or chastity, or the experience of a mission? How can one share temple privileges? Each must obtain that kind of oil for himself. …
“In the parable, oil can be purchased at the market. In our lives the oil of preparedness is accumulated drop by drop in righteous living. … Each act of dedication and obedience is a drop added to our store” (Faith Precedes the Miracle [1972], 255–56).
“The Lord entrusts all of His servants, including every priesthood holder, with spiritual talents. … While we are not all equal in experience, aptitude, and strength, we have different opportunities to employ these spiritual gifts, and we will all be accountable for the use of the gifts and opportunities given to us” (“I Believe I Can, I Knew I Could,” Ensign, Nov. 2002, 50).
“The growth in our own talents is the best measure of personal progress. … Comparing blessings is almost certain to drive out joy. We cannot be grateful and envious at the same time. If we truly want to have the Spirit of the Lord and experience joy and happiness, we should rejoice in our blessings and be grateful” (“Rejoice!” Ensign, Nov. 1996, 29, 30).
“[The third servant’s] loss was not because he did anything wrong, but rather because his fear had prevented him [from] doing anything at all. Yet this is the process by which most of our blessings are lost. …
“… When one fails to use the muscles of his arm he loses his strength. … When we don’t develop our abilities, we lose our abilities. When the people in past ages have not honored the Priesthood, it has been taken from them. … Neither spiritual, mental nor physical talents develop while they are buried in the earth” (The Law of the Harvest [1963], 375).