![]() 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 |
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