For many decades, houses, property, and cars have been the measurement of success; however, millennials, also known as Generation Y, do not think so. Today, young people are not even bothered to buy anything as they can now rent everything because they feel there are more meaningful things to do. Below are millennials' reasons:
1. Waste of money.
Why waste money on interest on houses and cars when you can rent it at a low price? You can save that money for other useful things. Also, you don’t have to worry about paperwork, maintenance, insurance, or taxes either.
2. Don’t know the future.
You don’t know how long you will live, where you will live, or what life will be as things always can change. And what happen to your house if you are moving for a job? You either have to sell the house or rent it out and that means paperwork and headache.
3. Too much responsibilities and worries.
With properties, the more valuable they are, the more responsibilities and worries you will have. You have to worry about depreciation, potential accidents, or even losing them sometimes.
4. The perspective has changed.
Instead of living for the future, it is important to live for this moment. Today, it is all about experiencing. Therefore, you have to go out, travel, and experience new things that will make you happier and have a more meaningful life.
In today’s world, how much you have is not important, how much you have experienced and how much you have learned is more important. So enjoy your life now, don't wait!