Last night I was shredding old documents from the years 2000-2010. I saw my old paystubs, taxes, and mortgages. Looking back, a part of me wishes we had paid off our first mortgage- or at least gotten close by now. Since we have been homeowners for nearly twenty years- it could have been accomplished.
Our current mortgage is six times higher than our first one was. When we needed that first mortgage- we struggled to qualify. We jumped through so many hoops and spent a small fortune to get approved through a house evaluation. My mother was also the guarantor for us. I worked nearly 80 hours every week to keep on top of the finances. All of those things helped tremendously.
Once we had that first home secured, we knew life was going to get better. Even with all of our hard work, I was a bit superstitious. A fear that it could all come crashing down was in the back of my mind. So I put up a horseshoe in the basement of our first home for good luck. When we moved to our next house, I brought it with us and had it in our carport. Now it hangs in the garage of our current home, bringing us more good luck.
Luck and hard work have gotten us to where we are today. In a few years, my wife and I may decide to go mortgage free and sell this home to downsize. For now, it is our dream home and we are happy to be where we are.