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Why The Younger Generation Doesn’t Want To Own Stuff

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Baby boomers keep telling me I should own stuff. I’m not sold. In fact, I’ve done the exact opposite. That nice BMW, sold; all of the stuff I never use like vinyl records and old posters, sold. Then there’s the technology. We’re all addicted to having the newest whatever and half the time it’s no different from the previous model.

I’ve been a possession junkie for most of my life. When you’re making good money, it’s easy to buy things and not even notice. Ultimately, when I analyse it carefully, the times I brought things were typically to fill a void in my life.

You can’t buy your way to happiness and owning stuff is not the answer to success even though TV, movies, and the Internet try and make us believe this myth.

Here are 8 reasons why young people like me no longer want to own stuff:

 

1. Progress only matters in life, not stuff

We’re sold this dream that the more we keep updating and improving with material possessions the happier we’ll be. This is only partly true. In reality, the more we progress as a person and continue to experience growth, the happier we’ll be.

Growth is a fundamental human need, and it’s what all happy and sane humans need. Young people have figured out that when you buy something new, the good feeling only lasts a few days or maybe weeks if you’re lucky. Then, like magic, it’s gone.

 

2. Starting a business makes more sense

We’re in the age where anyone can start a business for next to nothing. Rather than spend all your money on possessions, it’s now far more popular to invest in a startup. Young people have figured out that you can’t work full-time for someone forever.

“At some point, you have to cut the umbilical cord of your false sense of safety, and start your own thing”

This may be part time forever, and that’s cool. Young people know that you need multiple revenue streams just like a business does.

By saving up your money to invest in a business, you get to hopefully do something you love, and make some money on your own terms. Yes, you may fail miserably, but eventually, you will start the right business.

 

3. Stuff depreciates

Young people have figured out that the value of stuff goes down quickly. The moment you buy a car and drive away from the showroom, you’ve just lost money. We’re in a new world now where the sharing economy has taken over.

It’s often cheaper to share an asset with other people because you are never going to use anything 24/7.

 

4. We have less room

Finding places to store stuff is becoming increasingly difficult because we’re often living in smaller places than our parents. Piling up garages full of useless junk that we never use is no longer cool anymore. Owning less has become the smarter way to live.

 

5. It’s impossible to own

While we’re on this whole topic of ownership, I hate to break it to you, but there’s no such thing. You’ll never own anything for eternity unless you have drunk the magic water and are going to live forever.

We all have an expiry date and so those things you think your own, are only on loan to you while your two feet are on the ground. After that, they become someone else’s. That’s what we young people have figured out, and that’s why ownership is no longer popular.

 

6. Owning makes us feel worse

Clutter makes our mind feel uneasy. That’s why when I write blog posts I clear all the junk out of my office and make everything feel nice and clean.

Owning also gives us unneeded stress. Do any of us need more stress? No, thank you. Statistically we’re more stressed than ever, and a lot of that has to do with the stuff we own. Free your mind from all the negative feelings and sell some stuff.

free-your-mindGo on eBay and unload as much as you can. The beauty is that you’ll have a pocket full of money for your next holiday before you know it.

Possessions also create worry because we’re afraid something could happen to them. They could get stolen or damaged. They may wear out sooner than we expected. Oh no, what do we do with all of these what if’s? Buy insurance? No, sell my friend.

Have you ever seen one of those picker shows? It’s where they go to some old person’s home and look at all of their antiques and tell them how lucky they are. Usually, the owners of all the junk are fat, old, depressed, and lonely.

The junk has become a burden, and that’s why the picker is there in the first place. These people with all these barns of stuff look like some of the unhappiest people on the planet…there’s a reason for that!

7. The concept of success has changed

becoming-a-minimalist-and-selling-your-stuffSuccess used to be based on your postcode and how many cars you had. Young people reinvented the idea of success when they discovered college debt. College debt makes us young people have to work ten times harder, often for something that doesn’t bring us a lot of success.

That’s why, now, debt is frowned upon by young people. The reason we don’t want to own stuff anymore is that it requires debt to purchase all of these possessions. Personal debt (business debt is different) equals more pain and less freedom. Doesn’t sound like much fun to me.

 

8. Experiences are everything

The most popular reason why young people don’t want to own stuff is because we value experiences. Rather than owning stuff, we want to experience life. It’s very hard to travel when you’re trying to pay for your AirBNB accommodation and your permanent residence.

the-best-experience-is-to-travelWhen you don’t own you can do whatever the hell you want and go wherever you want to go. Instead of living in one city you can live in every city. If you’re best mate on the other side of the world calls you up to come over and watch the latest James Bond movie you can.

All you have to do is jump on a plane, and you’re there. No more being bored because your surroundings can be different as often as you want. You’re not tied to useless possessions and out of date models of the world.

The upside of experiences is that they involve other people. We get to have an experience and share it with the people close to us. Hearing about other people’s possession is freaking annoying, and no one likes it. Hearing about experiences though is captivating, and we all love it.

How do you feel about owning stuff? Let me know on my website timdenning.net or my Facebook.

Tim is best known as a long-time contributor on Addicted2Success. Tim's content has been shared millions of times and he has written multiple viral posts all around personal development and entrepreneurship.You can connect with Tim through his website www.timdenning.net

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2 Comments

2 Comments

  1. Toño

    Oct 20, 2016 at 7:50 am

    Hey Tim, I totally loved your very last paragraph and every single bit of it! I like the idea instead of living in one city you can live in every city and that when your best friend/family member calling you out to walk the dog in nature on the other side of the world, you actually can do it! This is just awesome, my friend 🙂

    Fun thing is, I recently started to get over my junk and stopped wasting money on stuff I don’t need. I remember one of your articles on being free from owning lots of stuff and where you told me to stop buy clothes every single time I see them, and so I did! Now I’m on a new level and saving money to invest in myself and my own thing. What will it be? I don’t even know, I have some ideas. I want to travel as you remember so now my savings will go on a ticket and some basics need so I cold just quit the job of mine, go visit my family and do film some nature I so much adore.

    Getting rid of unneeded stuuf has never been so much fun and quite frankly I enjoy it on daily basis. My apartment half empty now and it feels so free and cool, and you’re so right about cleaning your place before any activity – your mind feel at ease and you can focus more on things that matter 🙂

    We have less room, that’s a great point. We surely do and I love how you said ‘piling up garages full of useless junk that we never use is no longer cool anymore’ haha 😀 We gathered so much garbage on this planet it’s dead obvious we have to clean and clean a lot. Nature’s been giving us signals here, there and we should rather listen to it than ignore. We just cannot own thing because next day is guaranteed. The only thing we possess it’s our body and that’s where we should invest our time and money. And even this body doesn’t last forever. Health is our greatest wealth and we should take care of it first!

    Starting a business another excellent idea many should embrace and at least give it a try. I really love how you compelled everything important here on the subject, Tim and made it’s easy to understand and read. Even your full article is in harmony with it’s content – no junk inside, only the raw basics you need 😀

    Top stuff, my man, I really appreciate it! Thank you very much, Tim, see you soon and have a fantastic day, my friend!

    • Tim Denning

      Oct 26, 2016 at 12:44 am

      Toño I am glad to see you are embracing the minimalist way and getting all of the benefits. It’s done the same for me as well.

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Life

3 Ways You Can Track Your Habits to Make Significant Improvements in Life

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Do you feel sick and tired of all the generic advice on success out there? It’s always the same things. Read more, write more, believe in yourself, eat healthy, go to the gym, love your life and your wife. From time to time, all of the articles seemed like they were written by someone who has never experienced real life or any of the struggles they tend to write about.

It’s like getting advice from an alien. But nobody ever writes on the details of the struggle. Because they don’t know it. To be able to know and understand the struggle, you need to experience it. To live something day in and day out and experience it viscerally means to know something and have a grasp of it.

It is as Walt Whitman said it: “I do not ask the wounded person how he feels. . . . I myself become the wounded person.” I went through years of pain to learn how to build habits. I didn’t only read books about it (and yes, books are important), but I lived through it.

Because I know that theory and practice are the same in theory, but they are not the same in practice. I had to live it through to be able to give any advice on it.

I did go through the pain and created my habit building system. What I noticed during the process of building my habits was that it can be challenging to track them. Nobody was telling us how to do it, because that’s something you learn when you go through the process.

Here are the three different ways you can track your habits:

1. Task done

The way you track this type of habit is by marking if you did your task. By that, I mean “I am going to vacuum the room” and you mark it done/not done or 1/0 in your habit tracker. This way of tracking works the best when you don’t know how much time a task will take and you just track if you did or didn’t do the task.

I have the same for my writing habit. My daily habit is “Write 500 words.” So when I do the task, I immediately open my habit tracker and mark it done. I do this by writing in the tracker the number of words I wrote that day (I don’t count social media or texting or things like this- only writing as in pure writing).

This is one of the easiest ways you can track your habit. But if you have a tight schedule, a different way of tracking might be better and this is what I mean.

“It is easier to prevent bad habits than to break them.” – Benjamin Franklin

2. Time Allocated

Let’s say that you have only 30 minutes for yourself in the morning before the kids wake up. What you do in those 30 minutes counts and that is the second way of tracking your habits.

A great question to ask yourself is “How much time did I spend today on a certain habit?”

For example, let’s take the habit I’m developing of the writing 500 words daily. I try to make “write for 20 minutes” a daily habit. This way of tracking your habit works the best if you have a tight schedule or you run your life on “manager time,” as Paul Graham would say it.

I use this way of tracking for my daily walking habit where I “walk for 30 minutes” a day, trying to get my 10,000 steps a day count. From July 2018 up to March 2019, my average number of steps per day was 9429 and I did 2,178,120 steps. One kilometer is around 1,250 steps which means I walked 1,742 kilometers in 8 months which is the equivalent of walking from Miami, Florida, to Washington D.C.

There is one more way of tracking your habits, and this one is the best for tasks which are hard to accurately measure.

3. Did I do my best?

How do you measure your habit of being a great dad, husband, boyfriend, or friend? You can’t just say “Phone my girlfriend every day and talk to her for 15 minutes” and call it a day. It doesn’t work like that. You can talk to your girlfriend for 2 hours straight and it won’t make you a great boyfriend. Time isn’t the issue here. It’s how we use that time.

And that’s where the third way of tracking your habits comes into play. “Did I do my best to be an awesome boyfriend, husband, father, or friend today?” And you rank yourself from 1 to 10, 1 meaning that today, you were really lousy, and 10 meaning you were an amazing boyfriend, husband, father, or friend in the world.

“You’ll never change your life until you change something you do daily. The secret of your success is found in your daily routine.” – John C. Maxwell

This makes a massive difference in the lives of not just you, but people around you. It’s what Brendon Burchard would call social habits. You can’t count love, but sure as hell can you count the effort for love.

You don’t have to pick just one way or another. You can combine these different ways of tracking your habits. And yes, even though some habits work better with a particular type of tracking, that doesn’t mean that you need to adapt to it.

Experiment and try and see which one works the best for you. Use all three tracking methods if you want to. Just remember to track your habits. Because the Walt Whitman quotes, which I modified a little bit, tells us “I don’t ask a successful person how he did it…. I myself become a successful person.”

How do you track your habits to make sure you’re on the path towards succeeding? Share your advice below!

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Life

Why Breaking Out of Your Comfort Zone May Be a Bad Idea

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Donald Trump famously said, “Avoid your comfort zone – it’s probably outdated anyway.” It is very good advice for people who are exceptional, but what if you are not exceptional? You probably learned in college that no matter how good you are at something, there are always other people who are better than you.

Are you humble enough to say you are not exceptional? And if so, isn’t it possible that your comfort zone is where you belong? Just because you are in your comfort zone, it doesn’t mean you don’t crave success. Champion boxers never leave their comfort zone to take part-time jobs as a typist. Consider the fact that your comfort zone is the place where you will enjoy the most success.

Why “Comfort Zone” Advice Seems So Correct

Once again, breaking out of your comfort zone may be the right thing to do if you are exceptional. It is especially true for exceptional people because breaking out of their comfort zone is often the only place where they can grow. Yet, that is not the only reason why breaking out of your comfort zone seems like good advice.

The truth is that most people confuse being in a rut with being in their comfort zone. For example, the middle-aged executive who stays in his dead-end job because it is safe, rather than starting a new business selling parachute lessons, is not staying in his comfort zone, he is sticking with his rut. If people tell the middle-aged executive to get out of his comfort zone, they actually mean he should get out of his rut.

However, take the same middle-aged executive who is well respected at work, whose job is not a dead-end one, whose social life thrives because of his job, who’s bringing up children, investing, and who is healthy because of his job. If this same person were to leave his job to start a parachute training company, he would be leaving his comfort zone and most probably be making a great mistake.

Isn’t the Grass Always Greener On The Other Side?

Taking the previous example, what if the middle-aged executive left his job and his parachute training company offered him all the same things his old job offered him except better? Isn’t it always a good idea to try and fail rather than to never try at all?

The question and sentiment is fine, but it is not real life. Ask a person who has tried everything and ask a person who tried a bunch of stuff and then found something he/she enjoyed, and ask which person is happiest. Just because you “Didn’t” try something doesn’t mean you are missing out.

“The grass isn’t always greener on the other side!” – Ricky Gervais

What About People Who Broke Out of Their Comfort Zone?

There is an old “Will & Grace” episode from 2002 called, “Went to a Garden Potty.” In it an old man says a line that goes, “I’m Stan’s old partner. We started the mattress store together, then he wanted to branch out into other businesses but I said, no I’ll just not take any chances, so now I’ve got the one little store and he’s worth hundreds of millions of dollars.

The mattress store story sounds familiar doesn’t it? You have read about similar stories in motivational books, but what you rarely read about are people who didn’t take risks and still became successful millionaires. A book called, “The Millionaire Next Door” addresses this discrepancy by featuring people who became millionaires by selling caravans and by being dentists. It shows how people who work the same job their entire lives are not schmucks, and that their unexciting success stories are still success stories.

Do not confuse taking risks with being outside of your comfort zone. In the “Will & Grace” example, the character Stan felt outside of his comfort zone with just one store. Stan’s comfort zone was taking risks. Stan didn’t leave his comfort zone when he went off making millions of dollars, he entered his comfort zone in order to do it.

The people who risk it all on a penny-share company are not doing it to break out of their comfort zone, they are doing it because they feel uncomfortable if they are not taking risks.

“Unexceptional” People Can Be “Exceptionally” Successful in Their Comfort Zone

I don’t like to be out of my comfort zone, which is about a half an inch wide.” That line is a quote from Larry David, the guy who wrote “Curb your Enthusiasm” and “Seinfeld” and he is worth $400 million.

Stephen King was 27 when he sold his first book, and he was writing long before that. King hasn’t left his comfort zone since he was out of college, and he is worth $400 million. One could even say that Stephen King rarely leaves his comfort zone creatively since his stories almost always feature a middle aged man, and many times the middle-aged man has a creative career such as being a writer, painter, etc.

Danica Patrick, when asked how she became the best female racer in the world responded with, “I never do anything out of my comfort zone.” Does that mean this woman, who is worth $60 million, never takes risks? You would know the answer if you had ever watched her race.

Do not forget the psychological damage that repeated failure can do to a person. People who say, “What doesn’t kill you makes you stronger” have clearly never gone through a terrible time because terrible times often make you weaker.

Repeatedly trying to break out of your comfort zone, only to be kicked back and stomped into the ground (metaphorically speaking) takes its toll and will often sap your enthusiasm to keep going forwards.

“Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.” – Dale Carnegie

Conclusion – He Will Be Back

Have you considered that exceptional people do not have a comfort zone? Take Arnold Schwarzenegger, whose last name has found its way into every spell checker program on the planet. He was a world-class bodybuilder, a record breaking actor, married a Kennedy, and became a US governor.

Some people say he was so successful because he never became comfortable being the best at just one thing. Maybe that is the reason for his success, maybe he wasn’t trying to break from his comfort zone…maybe he was trying to find it.

What are your thoughts on being able to succeed while staying your comfort zone? Share your opinions and stories below!

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Life

Do These 3 Things Today to Live in the Moment and Have a Better Tomorrow

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People always say that life is short, but they fail to remember that while life is short compared to eternity, living is the longest task that we as humans will ever perform.

Some of us take each day as it comes and some of us carefully plan out what we desire each day to bring us. No matter how you go about it, if you’re not careful, having an unbalanced point of view as it pertains to life and how to make it better for yourself can bring more pain than it will joy.

Life is filled with decisions and the decisions you make today have the power to shift the course of your tomorrow. Life can sometimes move so quickly that it’s hard to think and act while simultaneously balancing all the roles you possess and completing all the tasks you need to complete. Nonetheless, there are ways to navigate the trenches of life so that you’re able to enjoy each day as it comes, embrace the possibilities of tomorrow and be present to experience all the moments that make you smile.

If you have a hard time slowing your mind down long enough to pause and breathe, try these three tips:

1. Before you make a decision, ask yourself “why.”

According to Psychology experts, one of the easiest steps you can take right now on your journey of de-stressing is to ask yourself hard questions. Sometimes you think, act and speak before you have time to process what is happening inside of you and around you. Knowing this. It could be your lack of intention that’s the problem.

As a part of your self-awareness journey, start asking yourself why you are the way you are, why you think the things you think and why you do the things you do before you take action. While an adrenaline rush helps kick you into gear to take action, you want to make sure any action you take aligns with your personal goals.

Self-awareness allows people to recognize what things they do best so they can then go hard on those aspects of their life. It also helps you accept your weaknesses. – Gary Vaynerchuk

2. Instead of planning for the long game, just plan for tomorrow

Worry is the thief of time and joy. If you look at your track record of life events, you may notice that many of the things that caused you the most stress and worry never came to pass. When you think about the direction you want your life to go in, don’t stress yourself out wondering what the next five years will look like. Take a moment to breathe, look around you and relax.

When you focus on taking life one day at a time, you’ll have more energy to think logically and make the decisions that lead to both short and long-term gains. How do you eat an elephant? One bite at a time. How do you live a happy life? One moment at a time.

3. Fight the urge to prove yourself

We live in a society that forces us to try to convince others of our happiness. According to studies, phones are necessary evils. It seems like you can’t live with them and you can’t live without them. And for most of us, our phones play such a large role in our day to day that we start and end the day looking at the small screen.

The last time you enjoyed a moment of peace and tranquility, it’s likely that you snapped a picture of your surroundings so you could show the world just how much you enjoyed that moment.

Here is the good news, you don’t have to prove to anyone that you are happy or that you enjoy your life. Keep some moments to yourself. Protect your peace and your space. Don’t let the urge of sharing your journey cause you to be distracted from living in the moment. Don’t miss a moment in an attempt to capture the moment. Just be.

“It’s the moments that I stopped just to be, rather than do, that have given me true happiness.” – Richard Branson

Life is what you make of it. You have more control than you know. Life gets so much better when you acknowledge the opportunities instead of the obstacles that come your way. Before you feel an ounce of anxiety as a result of a stressor coming your way, ask yourself “why” you feel the way you do, think for the moment and not for your life and remember that you have nothing to prove to anyone but yourself.

How do you relax with so many distractions in the world? Share your ideas with everyone below!

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Life

Follow These 5 Steps to Radically Transform Your Negative Mindset

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Struggling with a negative mindset is a very real and common problem, one that often hinders a person’s ability to grow and achieve the things in life they want. Oftentimes, it is someone’s mindset that determines their level of happiness.

What is a mindset? A mindset is the beliefs about yourself and your most basic qualities. Think about your intelligence, talents, and personality, these are the basic traits of oneselves. A mindset determines how we deal with challenges and obstacles. Which frame the running accounts in our heads and guide us on our life journey.

Experts agree there are two basic types – a fixed mindset and a growth mindset. In a fixed mindset, people believe that their natural traits – intelligence, abilities, and talents are fixed from birth. In a growth mindset, people believe that they can develop their inner traits through learning and determination.

“The passion for stretching yourself and sticking to it, even when it’s not going well, is the hallmark of the growth mindset. This is the mindset that allows people to thrive during some of the most challenging times in their lives.” – Carol Dweck

Research has shown that 80% of the nearly 60,000 thoughts we have on a daily basis are negative. It also estimated that 98% of those thoughts are a repetition of yesterday. On a subconscious level, people are expecting the worst – almost all of the time. Constant repeated thought patterns turn into beliefs.

These beliefs then combine into a fixed and negative mindset. One where our inner voice is a harsh critic, a worrisome voice, and an anxious being. Luckily – we can employ parts of our brains to change other parts. We can move a fixed mindset into a growth mindset. How?

Here are five steps to radically transform your negative mindset:

Step One – Untangling your thoughts

A very powerful, proven technique for stepping back from the constant flow of thoughts is to look at them with the impartial rational mind. Generally, it is easy to spot these negative thought patterns because they are accompanied by an emotion. Recognizing the emotion tied to anxiety then gives you the power to label it for what it is. The same can be done for many other feeling patterns. These thoughts and feelings start to lose their intensity when repeatedly scrutinized by the rational mind.

Step Two – Examine your beliefs

Using the perspective gained in step one, you can begin to check your belief systems. The fixed mindset creates an internal monologue that is focused on judging: “This means I’m a loser,”  “I am a better person than they are,” “I am not a good wife and mother,” “My partner is selfish.” Etc.

The key is adopting a growth mindset. A growth mindset is one where it is possible to learn and begin to cultivate positive beliefs. For example – when you find yourself being hard on yourself, consciously change it to something more positive – like when you have failed at something and the negative inner voice is yelling “see – you suck. I knew you’d fail” (a fixed view). Changing this tone to one that is more forgiving to yourself – “its ok – you’re only human. Learn from this mistake and you’ll do much better next time” (a growth view).

Step Three – Balance Your Risk-Averse fears

Being overly risk-averse in life leads to focusing on catastrophic possibilities. In a fixed mindset,  these fears are set in place and the belief is that they cannot be changed. Which results in a human being that is unable to experience life because of fearfulness. Fears can be overcome by setting goals and making detailed plans to accomplish them. Write the specific goals and plans down on paper. If you have your plan written down on paper than you know what you have to do and will not negotiate with your fears when making decisions.

Step Four – Adopt the Habit of Daily Mindfulness Meditation Practice

The practice of mindfulness meditation has been around for 2500+ years. It is what Buddha practiced and is at the heart of many religions. Meditation can be used to see the bigger picture and not focus on the implications of now. More so, mindfulness meditation can delve into each piece of it – old fears, habitual self-loathing, shying away from challenges and eliminate these pains.

What is meditation anyway? At the core, it is the mind’s ability to look inward. As discussed above – it can look at the thoughts, emotions, beliefs, fears, hopes, attraction, and avoidance of oneself. It can gradually quiet the negative internal monologue. Research shows that meditation increases a sense of happiness and contentment. Mediation makes space for growth by eliminating underlying stress, depression, and anxiety.

“Your mind is a powerful thing. When you filter it with positive thoughts, your life will start to change.” – Buddha

Step Five – Shape Your Mindset With Visions and Goals

Every person has hopes and dreams that they want to accomplish. However, often we feel powerless to do so. By setting specific goals and detailed plans to accomplish them, you can start to break free from negativity. Break down the goals into smaller achievable steps. Allow every achievement along your plan to bring a sense of accomplishment and self worth.

The best way to begin to put it all together is to have faith that you can break out of a negative mindset. Gain an understanding of how your current mindset is fixed and negative through mindful meditation. From this insight and understanding, you can then set achievable goals of positive growth and use the same mindfulness to measure your success.

Adopt these five steps and through determination and consistent practice, you will find your mindset transformed in ways you never thought possible. Remember, there is always space for failure. Without failure there is no growth.

Do not fall back into the trap of negative thinking if you do not achieve what you want in one day. Humans are imperfect beings, and it is not possible to reprogram your brain within a day or a week. Some negativity will linger for awhile and that is totally normal. What matters most is your continued effort to reprogram. Over time your mind will change, just give it time.

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