These were the life-changing words an old friend said to Sahil Bloom.

 

He was thirty years old. The vice president of a private equity firm. Making millions of dollars. On paper, he was a huge success. From the outside looking in, he had made it. But beneath the surface, he felt miserable. 

 

He was sold the dream that making lots of money leads to success and a happy life.

 

But during the pursuit of climbing the corporate ladder and chasing material wealth, Sahil’s health had deteriorated. His relationships were suffering. And he only got to see his parents once per year (because they lived on the other side of the country). 

 

His friend dropped a bombshell that smacked him in the face. On his current trajectory, he would only see his parents again fifteen more times in his life (they were in their mid-sixties and the average life expectancy is 80).  

 

This realisation led to some deep conversations with his wife about what was truly important to them and how they wanted to live their life moving forward. 

 

Sahil quit his million dollar corporate career in finance. They moved back to the other side of the country to be closer to his parents. And he began a new fulfilling venture of writing online and entrepreneurship. 

 

And this resulted in Sahil writing his New York Times Bestselling book.

 

 

 

The scoreboard society uses to measure success is broken. It focuses on material wealth and a fancy career title. 

 

This book and philosophy takes a holistic look at what a successful life looks like. Sahil created a new scoreboard for success. Breaking Wealth into five categories: Time Wealth, Social Wealth, Mental Wealth, Physical Wealth, and Financial Wealth.

“No matter how many times you do something, there will come a day when you do it for the last time.” – Sam Harris, Philosopher, Neuroscientist and Author

 

Time Wealth is the freedom to use your time how you choose. It’s having the ability to control your calendar. It’s prioritising spending time with the people you love, and doing work that’s important to you. 

 

Time Wealth is understanding that time is your most valuable asset. You can always make more money, but you can never make more time.  

 

 

The Big Question: How many moments do you have remaining with your loved ones?

 

“The people who were the most satisfied in their relationships at age fifty were the healthiest at age eighty.” – Robert Waldinger, Psychiatrist

 

Social Wealth is your connection to others in your personal and professional life. It’s the depth of your closest personal relationships. It’s the breadth of your professional and social networks. It’s the earned status you receive for doing great work. 

 

The other types of wealth don’t mean much if you don’t have high-quality relationships. What good is all the time and money in the world if you have no one to share it with? 

 

 

The Big Question: Who will be sitting in the front row at your funeral?

 

“Curiosity is how you learn about the world and how you stay alive. The science supports the idea. Curiosity, it turns out, is very, very good for you. It is the real Fountain of Youth.” – Sahil Bloom 

 

Mental Wealth is your connection to a higher-order purpose that brings meaning to your life. 

 

It’s about realising your potential. It’s about life-long learning. It’s about adopting the mindset of a child – exploring your curiosities and tapping into your imagination.  

 

 

The Big Question: What would your ten-year-old self say to you today?

 

“For both excessive and insufficient exercise destroy one’s strength, and both eating and drinking too much or too little destroy health, whereas the right quantity produces, increases and preserves it.” – Aristotle, Greek Philosopher

 

Physical Wealth is the combination of your health, fitness and vitality. It’s the result of your habits in the domain of movement, nutrition and recovery. 

 

You only get one vehicle (your body) in this life. And if you neglect your Physical Wealth, you won’t be able to enjoy the other forms of wealth. 

 

 

 

The Big Question: Will you be dancing at your eightieth birthday party? 

 

“Money invested earlier in time typically grows more than money invested later in time [and] compounding money is easier than saving money.” – Nick Maggulli, author of bestselling book ‘Just Keep Buying’ 

 

Financial Wealth is your Net Worth. Your assets minus your liabilities. 

 

Financial wealth is not about the never-ending pursuit of more. It’s about knowing how much is enough. It’s not letting your lifestyle expectations rise faster than your assets. 

 

Financial wealth is built through growing your income, managing your expenses and investing the difference in appreciating assets. Then allowing your money to work hard for you as compound interest works its magic over time. 

 

 

 

The Big Question: What is your definition of enough? 

 

 

Money is one of the most important aspects of the modern world. But the pursuit of financial success to the detriment of your time, your relationships, your mental state and your health is a slippery slope. 

 

Sahil Bloom realised this. And that’s why he wrote ‘The 5 Types of Wealth’ to help you remember what’s important in life. He’s given us his philosophy and scoreboard we can adopt to define what a successful and wealthy life looks like for us. 

 

For me, reading this book made me reflect on how incredibly wealthy I am. 

 

I have complete control of my time. I have a loving family, deep close friendships and a thriving professional network. I’m pursuing my purpose everyday and exploring my curiosity. I prioritise my physical health and I’ve never been fitter. And I’m earning money through the contribution of my gifts. 

 

I trust this book will be a powerful reflection tool for yourself to determine what a wealthy life looks like for you. 

 

Have a great day,