Possessions are different than assets. Asset has monetary value. It is very liquidate, you can turn your asset back into money in no time. Possessions are simply something you own, you may value them very much, but it may worthy nothing to other people. I am moving in with Pat, so I am clean my apartment. I am surprise by amount of things in my little apartment. I have accumulated lots of things over the years. My life in Vancouver is in big contrast with my life in India. I have so many things here, but I am able live off with only two suit cases in India. Sometimes, I wonder how much thing a person really needs, probably not much.

In some African tribes, people don’t have any possessions. They only value things that can be carried with them from one place to another. Human start to have possessions when we settle down in a place and have the means to take all our belongs with us everything we move. In modern society, people love to have many possessions. We just love to own stuffs We keep accumulating furniture, clothes, books, CDs, DVDs, collectibles in our home, although we probably won’t use all of them in foreseeable future. Strictly speaking, possessions are useless things somehow make us happy. I guess all we want is just a sense of ownership.