On behalf of my family, I would like to take this opportunity to
acknowledge the founders of Liberty Trust. It has always impressed me how they,
upon hearing God, had the obedience and diligence to see the establishment of a
vision of such scale and significance.
For us, participation with Liberty Trust has really been one of the
opportunities of a lifetime.
I have read in some Liberty Trust testimonials, mention of the length of time
from beginning contributions to when an interest free loan becomes available.
For me, it's a little scary how quickly this period of time has elapsed. Another
unexpected effect is the degree of psychological relief experienced when our
monthly home repayments were redirected to our Ark Resources loan. Although the
outgoings are about the same, it's incredible to see a significant dent made in
our debt every month rather than chipping away at a seemingly immovable
mortgage. In some sense it feels like we have become debt free as we have been
released from the great burden of mortgage interest.
One thought that has come home to me as I have considered the blessing of
Liberty Trust, is how every purchase made while repaying a mortgage, effectively
attracts interest for the duration of the mortgage. For e.g. if $1,000 cash is
used to buy a fridge that could have been paid to reduce the principal on a 15
year mortgage, 2 or 3 times the ticket price of the fridge will be paid over 15
years. If the fridge is financed it could cost you 4 or 5 times the ticket
price!
A scripture that has always amazed me concerning finance (and I wish I could
somehow relate it to this situation!) is found at the end of Matthew 17. What
strikes me is Jesus knows exactly where the money is and how easily he can get
it. There is enough money to meet the present need, for him and for the one who
happens to be along side him. He sends Peter to get it, he doesn't go himself.
Peter gets to go fishing, not spend the day working.
Greetings to you,
Mark Wilding and family