"Everything I own is my favorite thing"
Stuff. Our nation is built on entrepreneurship, mastering the art of business and by doing that, fueling our economy. Now we live in one of the richest countries in the world where you can drive two minutes and buy anything you could possibly need. But how much of what we buy do we really need? Do I really need another shirt? Another quirky nik-nak? How much enjoyment will this purchase bring me and for how long? Will I use it daily? weekly? monthly? I'm not saying buying stuff is wrong, but being mentally present while standing in line at the cash register is advisable.
For anyone interested in streamlining their possessions, this site here was extremely helpful for me: http://www.theminimalists.com/start/ .
I wish you all the luck in the world, and I hope you too can own only your "favorite" things.