SAHIL BLOOM: The 5 Types of Wealth

The Next Big Idea

Next Big Idea Club

Self-improvement, Arts, Books, Society & Culture, Education

4.5 • 1.3K Ratings

🗓️ 6 March 2025

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

Turns out it’s not all about the Benjamins. Real success, according to Sahil Bloom, author of “The 5 Types of Wealth,” also requires the freedom to decide how you spend your time, meaningful relationships, a sense of purpose that pulls you forward, and the kind of health that lets you actually enjoy all of the above. 📩 Want to transform your day in just 10 minutes? Sign up for our Book of the Day newsletter, and you’ll get daily, bite‑sized insights from the best new nonfiction books — in audio or text — straight from the authors. Sign up today!

Transcript

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0:00.0	LinkedIn Presents.
0:05.6	I'm Rufus Griscombe, and this is the next big idea.
0:10.6	Today, the good fortune of still How many times will you see your parents before they die?
0:40.0	If you have the good fortune of still having parents in your life,
0:43.5	this may be among the most painful exercises in simple arithmetic that you can imagine.
0:50.3	My parents just turned 80.
0:53.0	If the actuarial tables prevail and I don't change my habits, I may only see them another
0:58.8	dozen times.
1:00.7	To think about this, to say it out loud, breaks my heart.
1:04.8	And yet we live in a finite world.
1:07.1	If we look at the finiteness of our lives directly, we can choose to make changes.
1:13.1	When my guest today, Seihull Bloom, did the math on how many times he would see his parents,
1:18.6	he did something unusual. He quit his high power job in private equity and moved across the
1:23.7	country to be closer to his family. Now, of course, it's easy to say, prioritize the people you love.
1:30.3	Money doesn't matter. It's all about love. It's all about purpose.
1:33.3	But it's obviously more complicated than that for most of us.
1:37.3	Money does matter. It's just not everything.
1:41.3	The problem Sahil tells us in his new book, The Five Types of Wealth,
1:45.1	a transformative guide to design your dream life, is that money is so easy to measure,
1:51.2	and it's all too often perceived to be a stand-in for status, which we tend to think will
1:56.3	lead to connection. Because we can measure money, we obsess on it to a fault. The solution, according to
2:04.1	Sahil, is to learn to measure and thereby prioritize the other four types of wealth, social,
	...

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