What are some examples of capital?

Brad Barrett discusses several examples of capital in the context of both financial management and a broader, multi-dimensional view. Here are some forms of capital as described:

1. Financial Capital: This is the most recognized form, typically involving money and monetary assets.

2. Material Capital: Includes tangible assets like homes, tools (e.g., jewelry making tools or shovels for gardening), and other physical objects like the microphones used for recording podcasts.

3. Intellectual Capital: Encompasses knowledge obtained from education, books, creativity, and innovation.

4. Experiential Capital: Relates to skills and experiences acquired over time, such as podcasting skills or plumbing.

5. Social Capital: Consists of networks of relationships, including friends, family, mentors, and communal associations.

6. Living Capital: Includes natural resources like gardens, trees, and air.

7. Cultural Capital: Shared cultural elements within a community, such as history, music, and food.

8. Spiritual Capital: Non-material values and practices that bring inner peace, such as meditation or yoga practices.

9. Time: Described as non-renewable and precious, emphasizing its unique status among other forms of capital.

10. Health: Fundamental to enjoying and leveraging other forms of capital.

11. Attention: Recognized as a form of capital in today's information-rich, digital age 1 2.

These forms of capital are interlinked, each contributing uniquely to an individual's overall wealth and quality of life. They highlight the importance of diversification and understanding risks, especially when investing.