Are we all so overcome in the "debt is normal" mindset that to see someone saying something different is really that strange? I think we have forgotten how great it feels to own assets over owing on liabalities. Mike and I are currently paying off our 1st and 2nd mortgage, and I wanted to include this quote (which I used in my "Freedom" talk in church on Sunday- a whole different Blog post!) for you guys all to think about this weekend.
Owning a home free of debt is an important goal of provident living. ....a mortgage on a home leaves a family unprotected against severe financial storms. Homes that are free and clear of mortgages and leins can not be foreclosed on. When there are good financial times, it is the most opportune time to retire our debts and pay installments in advance. It is a truth that the "borrower is servant to the lender."
James E Faust
Until next time... I must wash my shirt and wear it more!