There are times that I am just overwhelmed with gratefulness. Right now is one of those times.
You see, my life over the past 20 months has had the incredible potential to become a financial disaster. Here are the issues Jenn and I have faced.
- January 2009: One heat pump failed. The other failed four months later. Cost: $9,500
- January 2009: Attempted In-vitro Fertilization (IVF) after nine years trying for a second child. Cost: $18,500
- June 2009: Started "I Was Broke. Now I'm Not." as a full-time business Cost: Entire Salary PLUS had to obtain individual health insurance
- June 2009: Discovered that Jenn was pregnant (God works in wondrous ways!) - but we had been unable to obtain full maternity coverage - but we had to pay for our insurance plan Cost: $4,000
- February 2010: Keaton Joseph Sangl arrives safe and sound Cost: $13,500
Add those costs up. It adds up to
$45,500!!!
Why am I grateful? Because we have not incurred
ONE DOLLAR OF DEBT as a result of these MAJOR EXPENSES!!!
You want to know why I am so passionate about the financial principles I teach? That's why!!! Because we gave. Because we saved. Because we have had a plan. Because we have been
diligent, we have been able to avert COMPLETE FINANCIAL DISASTER! We are LIVING THIS. This is more than just some "good idea." This is a "way of life."
Think about it. I teach personal finances for a living. Where do you think I will be tested the most? In the management of my own money!
The bank saving accounts are definitely smaller. I am still blessed. It has been an emotional 20 months. I am still blessed.
And our opportunities to serve people and help them become financially free are greater and more numerous than ever! The passion I have for this crusade is hotter than ever.
I am so blessed.
QUESTION OF THE YEAR: Could you absorb a $40,000+ financial penalty over a period of 20 months and still avoid debt and be able to give throughout it all?
By a miracle of God Himself, I can answer that question with a resounding,
"YES!"
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that is a most awesome post!
Without a plan and a commitment to your purpose…..that would be enough for most to fold and be looking to BK as their “only” option to recover. I think that you have past a major test of your commitment to what you teach and now you shall be back on an upward trend! Sangl’s you have earned it!
Best wishes,
Travis
Awesome bro!
God is good!