Do You Own Your Life or Are You Merely Renting?

Do You Own Your Life or Are You Merely Renting?

As a location independent professional I have the blessing of being able to keep my income flowing from any place in the world.  It’s an amazing existence but one of the features I don’t like so well is that it means living in rented spaces most of the time.  Yes, I can choose the locations, hopefully get something charming and comfortable but as a short term renter I can’t putter.  I’ve been a homeowner in Texas for many years and I love doing home remodeling.  My husband has been known to come home on many an occasion to find that I’ve ripped out a wall, a ceiling, or heaved an old toilet into the front yard.  Nothing like an 8 month pregnant woman with a sledgehammer!

When renting my main concern is just leaving places they way I found them so that I  can receive my deposit.  That’s not a lot of fun.

In some ways life is the same.  When we own our lives we’re free to make changes.  If we don’t, the scene is very different.  I often find myself in conversations with people back home about location independence.  They’re usually intrigued and then the inevitable, “We’d love to do that, but….” comes up.  The “but….” usually is finished with something like:

  • We have too many bills so we need to keep our income high.
  • What would we do with our house and pets.
  • My husband/wife/girlfriend/boyfriend/kids wouldn’t go for it.
  • My boss would never allow me to leave.
  • I’d be afraid of….. (the list of fears is wide. Everything from violence in foreign lands, to losing career momentum, savings, eating foreign foods, ruining the children’s education. You name it)

These are all very real situations and worries.  Believe me, I went through them too before making the leap into the world.  However, when you allow your life to be controlled by these forces, you are a renter.  You’re keeping the status quo, as if there’s a deposit waiting  if everything stays the same.

There’s No Deposit

The reality is, there’s no deposit waiting.  In my coaching business I was working with a person who’d like to become location independent and she was voicing the fear about ruining her career if she left her job and found new ways to work.  Her job is precarious right now and she knows she could get laid off.  It’s amazing how we want to hold on to what we know, even when we are on a sinking ship.

There are so many factors in life that are beyond our control.  We may hold on to status quo and still a million things can occur that can ruin our plans: a serious illness, loss of a job, kids developing an addiction, etc. etc. .   We may try to maintain what we know and be completely derailed at any moment by these outside forces.  Our control over our lives is much smaller than most of us want to admit. So why do we hold on so tightly at times to the way things are?

If you’re really wanting to make a change in your life you’ve got to own it.  There’s no reward for renting. There’s no deposit waiting for you.

Signs of Renters

Here are some signs of renters:

  • They put off making changes until the perfect moment but the perfect moment never arrives.
  • They want to know what  friends/family/co-workers think about a change they’re contemplating and may often change their minds based on other’s opinions.
  • They find themselves eternally ambivalent and unable to commit to a change.
  • They keep themselves in situations in which they are owned (ie, financial debt, unhealthy relationships, jobs that own them)
  • They allow their health to deteriorate to the point they cannot do the activities they dream about.
  • They find themselves coming up with every reason under the sun about why they can’t make the change they say they want.

In all of these situations, the renter is allowing their life to be controlled by forces other than their core ego.  These forces can be external or internal but they are all self-made.  Debt, relationships, fears, are all products of our own creation.  The renter creates situations that keep them from ownership.  And when these situations have been created they allow other forces to own their lives.  Like a ball inside a pin-ball machine the renter bounces from force to force allowing themselves to be hurled in whichever direction the latest hit has sent them and unable to make any change from their own volition.

Signs of Owners

On the other hand here are some signs of ownership:

  • They listen to their own gut and take action based on what their instinct tells them.
  • They spend time listening to their inner voice and quieting the noise around them when it comes to important decisions.
  • They maintain their personal health so that they are not hobbled by their own bodies.
  • They maintain good relationships free of co-dependency.
  • They know that sometimes they just have to take action in a certain direction and that things will follow – there’s never the “perfect” moment so they’re not waiting for it.
  • They don’t allow themselves excuses.  If they decide to make a change they use the power of their personal integrity to see that it happens.

An owner is just that.  An owner takes responsibility for their own course of action and is in the driver’s seat.  Although we may weigh the opinions of others in our decision making, we will ultimately make the decision and take the action based on our own conclusions.

The Freedoms of Ownership

Once you are an owner of your life, you’re then free to make the changes you’d like to see.  Grab the sledgehammer and start knocking out some walls if you want.  Change the color to hot pink or neon yellow.  An owner can express themselves in ways that reflect who they are.  An owner can overhaul their lives, their careers, their relationships because they’re free to take action.  Yes, outside forces will still occur and their may be times the owner will have to do repairs but because they are in an ownership mindset they’ll make the repairs and move forward.

How to Become an Owner

If you find that you fit some of the criteria for renting your life, how do you become an owner?  It’s not unlike moving from an apartment to buying a house.  Moving from renting to owning will take time.  Just as it takes time to save money for a down payment, it will take time to move out of some of the unhealthy situations that have been created.  Get support, seek help if needed from people who don’t have a lot of investment in the decisions you make, and above all listen to your gut!  And just as signing the contract on a first home can be really frightening, taking ownership of your life can be frightening too.  Just remember that you’re making this investment for a sound reason and the rewards will be great.

Photo by: leodirac

  • http://minimalistlifestyle.tumblr.com Minimalist Lifestyle

    Wow. This puts it all into such a great perspective. I'm definitely going to recommend this to others, as its such an eye-opener into the different ways that different people think about how/where we live, and the lifestyles we live as well. Great job, sir. This is supreme reading!

    • http://www.nunomad.com/blog Carmen Bolanos

      Wow – I'm humbled by your comment. Thanks so much for the positive reaction.
      I'm glad you found the post helpful.

      NuNomad

  • http://www.soultravelers3.com soultravelers3

    I LOVE your point and of course agree with the principal 100% ( after all we have been living a mobile non-stop world traveling life since 2006) and think this is a wise and important post, but not sure I agree with the metaphor. As someone who has been a homeowner in the past, but gave up a dream home for total freedom, I have a different perspective.

    I LOVE rental homes and the freedom they bring!! I get it all of the luxury and none of the cost ( many of my landlords have been hurting deeply with their mortgages and that allows me to bargain well & get stunning sea view luxury for a pittance).In a waaay overbuilt world with continually falling housing markets (worldwide for many years to come), who wants to be an “owner” stuck with a bloated mortgage? If you don't own your home outright, you are not really a “homeowner”.

    I hear you about home improvements, but I think that can also be one of the many consumer traps of more, more , more STUFF and an excuse for many to just waste more money. Most home improvements do not add any value to the house so often a waste of money and energy.

    The problem for me and the metaphor is… so few people OWN their home, even the ones who call themselves “homeowners”….most just rent them from banks. Most of the time it is a waste of money to own a home today. Renters have the freedom right now and for many years to come in many places. I'm not saying that one should never actually own a home or property, but the traditional thoughts on housing that seemed true for the last 20 years ( housing as an asset that always increases) was nothing, but an illusion and bubble.

    When you owe money on something it can NEVER be counted as an asset, but is always a debt. Schiller proved without a doubt that homeowning is NOT an investment and never will be ( over time they do not gain value if you look at his 100 year chart). The whole American dream of everyone “owning” their own mcmansion has been a big part of our unsustainable problem and how the banksters et al did lots of stealing in the US & all the repercussions are not in yet. ( Good post on why it is not a good time to buy- http://patrick.net/housing/crash.html )

    Now, owning your life? I can really buy that! ;)

    • http://www.nunomad.com/blog Carmen Bolanos

      You make good points about actual home ownership and property rental. I certainly didn't mean for the metaphor to be taken that far but was more trying to emphasize that when you are an “owner” be it of a home, a business, a bicycle, for that matter, you are free to make changes to what you own. When you're a “renter” that isn't the case.

      • http://www.soultravelers3.com soultravelers3

        Ha! Yes, I know you didn't and almost didn't “go there” because it IS a brilliant post about owning yourself, but since some will read it that may have to deal with the home “ownership” issue in today's world, I though t it was good to also point out a little different & related perspective.

        Perhaps it is a button for me, but I get very saddened by all the people that get trapped by debt from “buying” houses and/or a college education when both debts can be avoided by thinking differently.

  • http://www.nunomad.com Laptophobo (Ricardo)

    It's sort of ironic, huh? How one can own their life if they really work at it—but it usually means they own little else. It is, however, a decent trade-off.

    Smiles to you.

  • http://analyticasystemsinc.com/blog/ John R. Sedivy

    Great comparison between renting/owning property and one's life – I had never thought of it this way. Your article reminds me of a story that a friend who owns a wedding cake business told me. Her cakes are different than the traditional white types, and she often hears something along the lines of “Can I have a wedding cake that has color and whimsical?” from potential clients. The question is based on not, can it be done, but rather, am I allowed to. To her, this type of question is often baffling as she is an entrepreneur and in complete control of her own life. Although to me, this example, and your article demonstrate just how many people are renters and not owners in terms of their own life.

    • http://www.nunomad.com/blog Carmen Bolanos

      John, you hit the ball right on the head with your example. That's exactly what I'm talking about. Why would a person be asking if they have permission to have a certain type of wedding cake? It's absurd and yet so many of us do this when we're not behaving as owners. Thanks so much for adding that.

      • http://analyticasystemsinc.com/blog/ John R. Sedivy

        You're welcome. It's strange, but happens much more than you would think. I believe that many don't realize it shouldn't be this way, as this type of behavior seems to be the rule rather than the exception.

  • Margie

    Love this! I used to rent and didn't even realize. So glad we own now (and have everything we own in our RV!!) :)

  • http://www.DeniseMichaels.com Denise Michaels

    Lately I’ve been having little Starbucks get-togethers with groups of folks about the idea of living life as an excellent adventure. For me, it’s about being location independent because I’d like to do a lot more travel with my husband and writing. I’ve been a marketing mentor for ten years – but more than you think – that business requires me to stay put. So, I’m diversifying.

    I’ve discovered making big changes in what you do in your life requires a shift in our life grooves. You know how we get into grooves of doing things a certain way? Working a certain way. The deeper the grooves become – they get downright close to going beyond grooves – and becoming ruts. So, my husband and I are questioning everything – looking for opportunity so we can create an adventure.

    Denise Michaels Excellent Adventure
    http://www.DeniseMichaels.com

  • http://www.DeniseMichaels.com Denise Michaels

    Lately I've been having little Starbucks get-togethers with groups of folks about the idea of living life as an excellent adventure. For me, it's about being location independent because I'd like to do a lot more travel with my husband and writing. I've been a marketing mentor for ten years – but more than you think – that business requires me to stay put. So, I'm diversifying.

    I've discovered making big changes in what you do in your life requires a shift in our life grooves. You know how we get into grooves of doing things a certain way? Working a certain way. The deeper the grooves become – they get downright close to going beyond grooves – and becoming ruts. So, my husband and I are questioning everything – looking for opportunity so we can create an adventure.

    Denise Michaels Excellent Adventure
    http://www.DeniseMichaels.com

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