On the 5th
of February 2016, I posted an article titled “Why Being Goal Oriented Is Still Important”.
It’s one
thing to set a goal and another to work it. Goal setting is like making a
marriage proposal and committing yourself to walk through the journey of love
in both the good and bad times, choosing to love no matter what, adjusting and
changing yourself to accommodate the other person in your life. It takes work,
time and commitment to realize what you put your heart into.
“Setting goals is the first step in
turning the invisible into the visible” – Anthony Robbins
As I had
written in that article, my wife and I had the goal to build our home however
we knew that for us to have a home, we needed a plot of land. We were able to get
the land in our first year of marriage. It really took us making some deep
sacrifices, we chose to live a modest lifestyle, nothing flashy but still happy
within our means.
“If you don't have any goals in life, it is high time you start thinking of some and start living by them, you will live a life of purpose and bring fulfillment not only to yourself but also to those around you” – Arthur Kmo
Moved into our home
On the 8th
of April 2018, My wife, children and I moved into our home. The home is not
done up to standard however the basics of power, water, plastered, undercoat painting, windows,
doors, and roof are all there. We thank God for enabling us to get to where we are.
His word says you shall build homes and live in them. We took that in the
literal sense believed, worked hard, putting money aside so that we could be
able to do what he promised in his word.
As we live
in our home now. We know very well that the home needs maintenance, bills still need
to be paid for but we also know that we aren’t under any pressure to pay rent. One
of the things that pushed us to leave was the fact that rent had gone up and we
told ourselves that we would rather use the rent money to keep doing finishing bit by bit.
You can not develop without a loan
I grew up knowing that for development like building a home to happen. It was impossible to do this without a debt. Almost everyone who said that, after doing some research, many of them have never really had a saving culture. What I heard is that you can only get a loan to invest in an income-generating asset or build a home. However I read up on some who have done that impossibility and I realized how frugal they were, how they patiently multiplied their income by creating other streams. I chose to follow the advice of the latter. I even read in the bible, that the borrower is a slave to the lender, I told myself that the only way I won't be a slave is to avoid debt at all costs.
Life is
indeed about lifestyle choices. I strongly believe what Dave Ramsey teaches
about personal finance. He says that it is 80% behavior and 20% head knowledge. We did and continue to do a lot of reading it has helped a lot. We surely live in an economy where the urge to borrow is so strong. Debt is
sold to us at the highest level possible. While driving your car, you will hear
all sorts of adverts pulling you to go get a bank loan. We get so happy while
getting the loan but are so gloomy while paying it back. I agree that loans
have helped very many people develop, but my story is different, my wife and I
made some hard sacrifices to make sure that our home was 98% debt-free. We got
some money here and there to push us, but we are
grateful for what we have, the state it’s in, we shall only get better. This
experience has taught us the value of working together, saving together and putting these ideas
into reality. It is possible to develop at your pace without debt if you can avoid it please do if you can't seek as much advice as possible so that you can get good rates and understand what kind of agreement you are getting into with the bank. So many people who have used their loans well and put it to good use, they are there to tell you what it takes just seek them out.
To find
out some of the things my wife and I did, you will possibly need to read these
articles and many more. Enjoy!
- Invest in your mind
- Attitude
- Attitude towards money and the value of work
- Make sense of saving
- Don't stop planning
- Decide today
- Pay yourself since no one is paying you
- Deal with consumerism
- Deal with debt
#Impact #Empower #Transform
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