I must admit that it is still all sinking in…
I am a self-proclaimed muller…I mull funks, I mull joys, I mull homeschooling decisions, I mull relationship problems, I mull…I am a muller…
Main Entry: 1mullPronunciation: \ˈməl\Function: verbEtymology: Middle English, from mul, mol dust, probably from Middle Dutch; akin to Old English melu meal — more at mealDate: 15th century
And it just follows that I would be stuck mulling what the Lord has done over this last year…I am still in shock and I am still sitting in amazement…
He brought us from this:
(we got to watch her be built, this was in 2007)
He delivered us from this:
(photo taken from http://www.thedigeratilife.com/images/houseonmanbyitulip.jpg)
in the amount of $183,000.oo which over the course of the life of the loan, a 30 year fixed at 5.5% would have amounted to:
Mortgage Repayment Summary
Total of 360 Payments
Total Interest Paid
LOOK AT THAT! I’m not trying to bum anyone out…but just look at that…almost 200,000 dollars in interest over that time period…that could have been used in other ways or perhaps even invested….that is what Dave Ramsey calls Opportunity Costs…the loss you take when you spend your money in a different way.
If you saved $5000.00 a year the compounding interest would give you this much at the age of 70…(the following information taken from http://personal.fidelity.com/products/retirement/getstart/ira-center.shtml.cvsr)
opportunity costs…(this is a cool story about a couple that made some radical changes in their lifestyle)
slow economy=lower wages
big house=no money for college for our children
and He brought us to this:
Well, the truth is we are mortgage and credit card free…we still have one vehicle to pay off! That’s our next goal…
and it’s strange how weights lift that you didn’t realize were there before…a different freedom comes into the picture and perhaps even a different type of reliance upon our Lord…afterall…it is ALL His money…how does He want us to spend it?
And I notice we are part of a growing trend of Americans that are taking a look around the WORLD and noticing, truly noticing the disparity between the have’s and the have nothing’s and that perhaps it is time to do something about it…past time…
that perhaps as Christians we are called to help the poor…with wisdom…His wisdom.
American Standard Version
Pure religion and undefiled before our God and Father is this, to visit the fatherless and widows in their affliction, and to keep oneself unspotted from the world. James 1:27
and I mull…continue to mull….