I'm a multimillionaire who chooses to rent rather than buy a house. I'm glad I'm not wasting money on a mortgage.

• Tori Dunlap is a 29-year-old multimillionaire who chooses to rent rather than buy.
• She feels that renting currently offers her more flexibility and is a smarter financial decision.
• While renting fits the current season of her life, she doesn't think she'll do it forever.

This as-told-to essay is based on a conversation with Tori Dunlap, a 29-year-old Seattle-based financial educator and founder of Her First 100K. The following has been edited for length and clarity.