REVIEW: ‘The 5 Types of Wealth’ highlights what everyone needs to be happy
Sahil Bloom’s new book explains that money alone will not make you truly wealthy.
The 5 Types of Wealth by Sahil Bloom. Picture: @SahilBloom/X
702 and CapeTalk’s Stephen Grootes and Ian Mann, Managing Director at Gateways Business Consultants review ‘5 Types of Wealth: A Transformative Guide to Design Your Dream Life’ by Sahil Bloom
Listen below:
While financial security can certainly make life easier, money alone will not make you truly wealthy.
According to Sahil Bloom’s new book, there are five types of wealth you need to live a truly happy and satisfying life.
These are: Time, Social, Mental, Physical, and Financial wealth.
‘The 5 Types of Wealth: A Transformative Guide to Design Your Dream Life,’ lays out practical steps to help centre your life around these to maintain a lasting happiness through your life.
“He has lots of good suggestions.”
- Ian Mann, Managing Director at Gateways Business Consultants
For example, to have time wealth, you need to commit to making time for the things that matter like your loved ones.
Mann gives the example of Marc Randolph, the co-founder and the first CEO of Netflix.
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Early on he decided that he did not want his family to suffer because of his career, so every Tuesday for the last 30 years he has left the office at 5PM and taken his wife on a date.
“What gets measured gets managed. If you do not measure the five types of wealth that you have, you are not going to get them.”
- Ian Mann, Managing Director at Gateways Business Consultants
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