The value of a financial asset can be based on the value of a nonfinancial asset. For example, the value of a futures contract is based on the value of the commodities represented by that contract. Commodities, which are tangible objects with inherent value, are an example of a nonfinancial asset.
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Best Non-Financial Investment?
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Originally posted by ladonnarosso View PostWhat is the best "investment" that you have ever made that had nothing to do with finances? Maybe some event that was a great memory or some item that you bought that has been invaluable to your everyday life?
I tend to be a spendthrift and I typically have a very hard time spending money on ANYTHING, even things that I really really want (and probably "deserve" to have). It's a complex, so bad that I rarely buy new socks or underwear, even when I need them. My husband is trying to convince me to take a trip for my 30th birthday. It's 2 years away so we will have plenty of time to save and budget for it, but all I think about when I'm calculating that cost is how much more quickly we could pay off the car if we didn't have to save for it...
Is it worth it to take a little well-planned fun and enjoy our lives? Or should I just skip it? I feel like I would really enjoy and remember the trip for many years.
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