Paul & Elise Hofsteede
Our loan from Liberty Trust We started contributing to Liberty Trust in 2006, after hearing a presentation at a church home group. Although we had heard of Liberty Trust before, we had never acted on it, but from this presentation we were inspired to contribute to the fund because the idea of helping others become mortgage free with the combined contributions of fellow believers.
When we started out we had no specific project to eventually put the money towards but trusted that when the time was right we could use it wisely.
Throughout the years of contributing we have had times when it became difficult to keep up with the payment schedule, but we knew we could temporarily decrease the amount and catch up again later. Throughout the process we were inspired by the Scripture in 1 Corinthians 4 v 7:
What do you have that God hasn't given you?
And if everything you have is from God, why boast as though it were not a gift?
And indeed God has given us many things, including the ability to continue with the contributions.
Our main motivation has been the belief in the power/effectiveness of combined funds, helping each other and not charging interest.
Last year, we were given the opportunity to take up the loan, somewhat earlier than expected. After some consideration we decided to use it towards reducing our existing mortgage and in doing so, speed up repayment of this debt considerably.
We are very grateful to Liberty Trust for helping us to achieve financial freedom.
We have also encouraged our children to set their own financial goals with assistance from Liberty Trust in order to become debt free sooner.
Regards, Elise and Paul Hofsteede
19 January 2015