Last month, Jamie and I became debt free for the first time in 17 years.
For us this was a momentous occasion, but I probably need to qualify that statement. We still have a mortgage. Housing costs, both rents and mortgages are so high in the South of the United Kingdom that only the most wealthy, or those whose parents die and leave them a substantial sum, manage to pay their mortgage off early. If we didn't have a mortgage, we'd have to pay rent, which would be a similar monthly sum to our mortgage.
We struggled to get back on the housing ladder and after 9 years of being in poor rental accommodation with a rotten landlord, we somehow managed to buy a house again. It was a leap of faith for two important reasons. The first was that each time we have bought a house in the past, we've ended up having to sell it a few years later for substantially less than we bought it for. Those were painful experiences. The second reason is that it was relatively late in our lives to take on a 25 year mortgage. Jamie was 40 and I was 46. {shudder} We will have this mortgage until I am 72 years old. A terrifying thought for parents of an adult with autism who is so dependent on us.
But still, if we hadn't managed to buy this house, then we'd still have rent to pay, much more insecurity plus, at the end of our lives, we'd have nothing to give Grace, so she could perhaps buy some sort of managed/sheltered flat.
So, given all that background, when we finally paid off that last £200 from the many, many 1,000's of pounds we'd been carrying as a burden for a decade and a half, it did feel like a huge weight had been lifted. In some ways, I am sure it would have been easier to have gone bankrupt all those years ago and begun again with a fresh, debt-free start. I certainly don't criticise those for whom this is their only option. However, for us, that felt like failure. Later, when we became Christians, it also felt wrong not to pay back your own debts. So, we did.
Crown Financial Ministries recommends that the Christian who has to go bankrupt for legal reasons must also commit to paying off all his debts anyway, even though that might take the rest of his life. We had a lot of help from Crown's website as we studied what the Bible says about money and debt in particular.
It didn't take that long for us, thankfully. Paying our debt has cost us a great deal. It meant we had to raise our children in what some would consider very frugal circumstances. We couldn't give them very much and I was frequently embarrassed when I opened my home to others. Adults never said anything of course, but I remember a couple of funny comments from visiting young children that hurt.
'Where's the rest of your house?'
'Is your husband a woodcutter?'
I'm glad that we home-educated our children because they weren't confronted by the ordinary things other kids had and they didn't, on a daily basis. Money means very little to my kids and they are extremely unmaterialistic. This is a good thing.
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| Sometimes I feel like I have 3 children. Jonny often hangs out with us, especially at mealtimes! |
I have tried many ways of contributing to the household income since having the children. In Canada, I tried child-minding, but with the way Grace was when she was little, it was too traumatic for all concerned. Later, I bought and sold baby things which helped for a while. Then I had a second-hand books business for a few years which earned me about £100 a month, but for that I had to work the equivalent of 2 weeks a month whilst I was supposed to be home educating. As Jack approached the crucial exam-taking years, I had to give that up. Now he's safely moved on to college and since Grace has also been at college part-time this year I've started teaching again in a very limited way. That is helping a little with the family income.
But the main way I have contributed to our finances is by just shopping carefully, cooking from scratch, mending clothes, hanging out laundry instead of using the very expensive to run drier, growing some of our food, making preserves, researching before a purchase and all those other traditional housewifely skills. When the children were babies, I used cloth nappies. In the last few years before the MentalPause I used cloth pads. I also did things like 'turning' cotton sheets to help them last longer. I shopped at jumble sales and car boot sales and charity shops.
Things are a little better these days and we can afford the occasional treat now, which it seems important for us to do while Jack is still living at home with us, so his memories aren't of total unrelenting frugality! Now, we've paid off the debt, we have started saving for the next car! It's 14 years old and on its last legs, so the need for that might come at any time. Jack is earning and saving all his money ~ good lad.
We are thankful that Jamie's job seems about as secure as anyone's these days, so we are hopeful that God will help us to pay off our mortgage, perhaps a little early, so we have less anxiety about that.
If you are carrying a debt burden, then please, do come up with a plan to get out from under it. The feeling of doing that is such an enormous blessing!