Worldly Possessions

what exactly are our worldly possessions?
are everything we own considered our "worldly possessions"?
should the term "worldly possessions" only be applicable to things we have that really matter and exclude material items that we would be tired of and get rid of in the near future like clothing, shoes and bags?
what if all our worldly possessions could be packed up in a box? how big then would this box be?
we cannot take our worldly possessions with us when we leave this world, are our possessions as significant then?
do our worldly possessions mean as much to the next person as it meant to us?
we are accustomed to having more than we need for want of choice and convenience and comfort in knowing we have more and are can afford to have more. can we live with less? should we live with less?
if this is all we the worldly possessions we have, can we still be happy? will we be happier? will we be more appreciative, treasure and not take what we have for granted by not knowing when we can have a "next" item or that we may not have the convenience of owning an item the next day.