Our Path to Homeownership Part 3



A co-worker invited us to attend a financial planning meeting. Something we never heard of before. For the first time, we got a glimpse of how to generate wealth withheld from our ancestors.


One day, our financial advisor asked me, "what type of home do you want to live in when you retire?"


When I answered him, I'll never forget what he said. "The home will cost you $250,000." I couldn't wrap my mind around that number sitting in a $46,000 home. That seemed so far out of reach at the time.


It didn't make things easier when I felt God asking me to surrender my career to be a stay-at-home mom. Now we were down to one income.


TP and I were committed to spending less than we made. Although tempted to buy the latest and fanciest stuff, we were not willing to go into debt. We stopped trying to keep up with the Joneses. Instead, we worked the plan and made the sacrifices needed to achieve our goals.


Over the past forty years, we bought and sold five homes and were fortunate to make a profit on all of them. Homeownership is just one of the many ways that you can build wealth. Coupled with our financial planning, we were able to surpass our financial goals.


Why am I sharing this story? I want you to know that the way you live now doesn't have to dictate how you will live in the future. The path to financial freedom isn't easy, but it's worth it. I realize that so many things could have gone wrong so I thank God for his blessings.


Over the years, TP and I have coached others on the importance of education, homeownership, and financial planning.


I am so grateful that God brought people across our paths to show us ways to get out of debt and reach financial freedom.

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