You don't need a computer to edit your videos. There is editing hardware available that can allow you to edit tape to tape using special video decks.
If you don't own a computer or have a lot of analog footage, this is another option for editing. However, with computers selling so cheaply and linear editing equipment still relatively costly, it's not a truly practicle method anymore.
If you already own a computer, a few inexpensive upgrades and around $100 worth of software will get you on your way. In fact, if you have a relatively new computer, you may only need editing software.
It is possible to edit video without a computer at home, but it's just not practical with todays technology.
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