The Ownership Illusion

By David Geller   |   August 18, 2014

As Americans, we embrace the concept of the ownership society. We love to think that we own our homes, our cars, our investment accounts, and our retirement accounts.  The more we own, the more successful we feel.

The challenge is we don’t really own anything.  Ownership implies permanence, and nothing in life is permanent.

We are not owners; we are stewards.  We have control over our possessions for a brief period of time, and then we don’t.

When we see ourselves as stewards, our perspective changes.  We stop focusing on the accumulation of ever more stuff and money, and start focusing on how to use our wealth to create the life we desire.

As our focus shifts, we open ourselves to new possibilities.  Maybe we can finally take that long-delayed European vacation.  Maybe we can start our own business.  Maybe we can give more to help disabled veterans.

Most importantly, our time perspective shifts as we embrace stewardship.  As stewards, we understand that tomorrow is promised to nobody, and time, not money, is our most precious resource.

David Geller

About the Author

CEO David Geller co-founded the firm in 1991 and led the creation of Behavioral Wealth Management. Recognized on numerous prestigious "top financial advisor" lists, David is an in-demand speaker for professional groups and JOYN workshops. His writings have appeared in The New York Times, The Wall Street Journal and The Huffington Post.

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