asset-light living

Asset-light living refers to a lifestyle or business approach that minimizes ownership of physical assets like property, inventory, or equipment. Instead, it emphasizes leveraging external resources—such as renting, leasing, or outsourcing—to reduce costs and increase flexibility. For individuals, this might mean renting instead of buying a home or car; for companies, it involves operating without owning extensive infrastructure. The goal is to maintain agility, reduce financial burdens, and adapt quickly to changing circumstances, all while focusing on core activities or personal priorities without being tied down by large, owned assets.