Sahil Bloom's The Five Types Of Wealth is an easy read. It's based on the old premise that money doesn't buy happiness. Instead his theory is that the new style of wealth comes in five different forms.

This book is probably targeted at new graduates or mid-career managers disillusioned with the corporate world. It contains an easy to complete Wealth Score which is very useful. It was a nice reminder, especially at the beginning of a new year, to focus my goals on something other than money, but I didn't learn anything new.
Thank you to Netgalley and Random House Publishing Group - Ballantine for allowing me to read and review this eARC for my honest opinion.

The Five Types of Wealth by Sahil Bloom is a compassionate wake up call to the pursuit of financial wealth to the exclusion of all else. This book is a comprehensive examination of the five types of wealth that make life worthwhile and how to cultivate them.

Beginning with an eye opening description of the often overlooked and undervalued time wealth, Sahil shares how he began his adult life in pursuit of wealth and the wake up call that opened his eyes to what he was sacrificing in time wealth. He examines time as a commodity and the ways a person can invest in and grow their time wealth (as well as pitfalls to avoid squandering the time wealth available to you now). Each section closes with a challenge and a call to action to jumpstart a person with a drive to cultivate each type of wealth.

Social wealth follows time and like time, social wealth is an often overlooked value adder in life. Connection with others fuels a person and often, this connection to others will atrophy as an adult ages. Sahil examines the various ways social connections supports a healthy life and then dives into the ways a person can plug in and make and grow friendships in adulthood and throughout life. I appreciated the easy to read graphs throughout this section to demonstrate how relationships change over time and how to make the most of each season.

After social wealth, we move into an overview of mental wealth and this section was very enlightening. Sahil pointed out the effects chronic stress can impact mental acuity. He presses for ways we can be lifelong learners and the value of curiosity. I really appreciated his nuanced approach to consuming media. His rule of thumb “if it won’t matter a month from now, its not worth your time to know today” was eye opening because newsworthy items that won’t matter a month from now are things we have little to no control over, and in a month from now, it’s obsolete information that (at the time of viewing) only served to cause enough stress and anxiety to make a person return for more the following day.

Then he looked into physical health as a wealth of life. He broke down the various ways you can cultivate physical health even if you sacrificed your physical health to the pursuit of other things. There was no fearmongering or sense of overwhelm while reading this section which I valued. Sahil spent time on three pillars that impact physical health and the ways to begin to take control: these pillars were nutrition, exercise, and rest. This chapter was so valuable in the way he distills the large catalog of information down to key areas anyone can take action on.

Finally, after evaluating every other area of wealth, Sahil approaches financial wealth with the same nuanced, nonjudgmental manner in which he addressed the other areas. Similar to other areas, he created a plan with three pillars aimed at increasing financial wealth and then did a deep dive into each. I loved his idea of finding “enough” and understanding what that means to each reader individually before making a financial plan that leads to independence. I also enjoyed the history of paper money and the stories he told about financial tycoons who amassed their fortune and the time in their lives they reached their millions— and in some cases, what they sacrificed in other areas to get there.

This book was informative, approachable, and encouraging. I recommend it to all young, middle aged and even older adults who are willing to do the work of self evaluation and building wealth in their lives while they are living them because life doesn’t have a dress rehearsal.

I would like to thank Random House and NetGalley for the eARC in exchange for my honest review. All thoughts and opinions are my own.

I really enjoyed this book! Normally, I find self help books to be kind of slow and repetitive, but this truly felt like I was reading 10 self books all in one. I think the author gave great advice about trying to find balance in life and the importance of not prioritizing one form of wealth vs. another. This is definitely a book I'd recommend to a friend who feels a little lost and needs some guidance, but I think anyone could get some valuable insight out of this. I look forward to rereading portions from time to time as I need reminders! Thank you for the ARC!

I found The 5 Types of Wealth enjoyable to read and picked up several ideas that I think will be useful for me to incorporate into my routine. Was every chapter full of new info or insights? No. Were all five sections equally useful? No, I found two of the five sections more interesting than the other three. But I highlighted several ideas or frameworks that were unique and I want to reference later. The author doesn’t address faith or the spiritual dimension of our lives but I could still find connections to my faith practice and priorities (example, the chapter on mental wealth gave me some insight on scripture memorization, which is important to me but much harder than it used to be).

This book reminded me of attending development courses when I was in the corporate world and sitting in a comfortable learning environment and finding one or two nuggets over the course of a couple of days that I could take away and do something with. If you like books like Atomic Habits, you would probably appreciate this one too. Thanks to Amy at Random House for pointing me to this one and to NetGalley for providing an e-galley to read and review. This book will come out on February 4, 2025.

While 'The 5 Types of Wealth' offers some useful insights and actionable tips, I found it leaned a bit too heavily on the 'should' or 'must-do' style of advice, which felt repetitive at times. That said, readers looking for a structured framework to reassess their priorities may find it helpful. It does have a lot of great advice. Thank you to Netgalley, the author, and the publisher for allowing me to read and review.

A big thanks to #randomhouse and #netgalley for giving me the chance to read The 5 types of Wealth by Sahil Bloom. This was a fantastic read about the different kinds of wealth that are not only centered on money. You’ll need to consider time wealth, social wealth, mental wealth, physical wealth and of course financial wealth. I found each section to be insightful and will be practicing some of the suggestions in the fantastic book.

I received an ARC of this book from Netgalley in exchange for an honest review.

Very insightful book on establishing priorities in life with regard to budgeting and finance.

I’m a 64-year-old personal-finance author, financially independent and retired since age 41. I have a deep understanding of the 4% Safe Withdrawal Rate and I’m keenly aware of the emotions of behavioral financial psychology which keep people working longer than necessary.

This book is longer than it needs to be, and covers more ground than it should. It also needs minor fact checking.

1. I’m not an expert on the Blue Zones, but I’m aware that the concept is (in late 2024) under scrutiny for its inadequate documentation of birth dates for the long-lived populations. I’d review the latest commentary on this research before publishing this book.

2. There is no evidence that Einstein has claimed “compounding is the eighth wonder of the world.” This makes me wonder what other issues have been overlooked by a fact checker.

3. Stories are great. These are longer than necessary and pull me out of the book’s concepts to focus on a diversionary tale. Can these be cut down to their essentials? For example we don’t need to know Pyrrhus’ family tree to understand the concept of a Pyrrhic victory. Do we need to know the cast of a movie about Apollo 13 to understand the actual astronaut’s concept of keeping the earth in the window?

The Wealth Score Quiz is very helpful.

Great read for someone going through midlife or quarter life crisis and realizing how little time we have with our parents and loved ones. Focus on how to design your life going forward after realizing what you were searching for in the first half of your life just wasn’t fulfilling.

Sahil Bloom’s The 5 Types of Wealth is a thought-provoking exploration of wealth that goes beyond the traditional financial definition. In this book, Bloom takes a holistic approach, arguing that wealth is not just about money but about living a well-rounded, fulfilled life. Drawing on his personal experiences and a wealth of research, Bloom introduces the concept of five distinct types of wealth and explores how cultivating each can lead to a richer, more meaningful life.

The book is structured around these five categories, with Bloom providing insights into how they interact and influence one another. His writing is accessible, engaging, and filled with practical advice. He stresses the importance of a balanced life, where true wealth is measured not only by what you have but by who you are and how you contribute to the world around you. The author uses his background to ground his concepts in real-world examples, making complex ideas feel approachable.

Bloom’s perspective on wealth is refreshing, especially in a society that often places too much emphasis on financial success as the ultimate goal. He emphasizes that achieving a deep sense of fulfillment comes from creating value in multiple areas of life and that these types of wealth are interdependent. For example, your physical health can impact your emotional wellbeing, while intellectual wealth can help foster better social connections.

The book does a good job of blending philosophical ideas with actionable strategies. Bloom provides exercises, thought-provoking questions, and practical tips to help readers reflect on their current state of wealth and identify areas for growth. His optimism and encouragement make the book both motivational and inspirational, urging readers to take intentional steps toward building wealth in all aspects of their lives.

However, some readers may find the book somewhat idealistic, as it presents an ambitious vision of wealth that may not be easily attainable for everyone. Additionally, those looking for purely financial advice may find parts of the book less directly relevant to their needs.

In conclusion, The 5 Types of Wealth is a compelling and valuable read for anyone seeking a more balanced and meaningful approach to wealth. Sahil Bloom successfully challenges traditional notions of success and offers a framework for achieving a richer, more holistic life. Whether you’re an entrepreneur, a professional, or simply someone looking to improve your overall well-being, this book provides actionable insights that can help you build wealth in every sense of the word.

These are some solid frameworks to live by, thank you for accepting my request. I enjoyed the charts on the amount of time we spend with our parents, friends etc.

Title: The 5 Types of Wealth

Publication: GoodReads

Beginning date of review posted: December 2, 2024

Thank you to NetGalley, Sahil Bloom, and Ballantine, an imprint of Random House Publishing Group, for an advance reader’s copy in exchange for a honest review. All opinions are my own.

Deeply moving and transformative. Bloom demonstrates the scorecard that is currently being used by many in society, money, which doesn’t necessarily have the effect that many people believe when it comes to success. While at a certain point, money is important yet it is not the only thing that is essential to have a wealth life. Thus, Bloom shows and compels the reader to make a new scorecard to measure success and lead a more fulfilling, wealthy life.

I didn't love this like I thought I would. the book didn't make me feel like I was learning everything. It more just went over how we as humans need to have balance across all aspects of our life, and how physical health is a form of being "wealthy." It just wasn't very deep and I don't feel like I came away with anything new.

I follow Sahil on twitter and have enjoyed some of his posts. Naturally I was interested in this book. Words of wisdom about the different types of wealth and what to focus on in which stage of life. Liek anti-library, you are introduced to anti-goals. Some of it will be new and some of it will be familair, but its all worth repeating, knowing and remembering to cherish family and self.

The 5 Types of Wealth is the best book that I have read in 2024! This is not another self help book. This is a how to guide for looking at Time Wealth, Social Wealth, Mental Wealth, Physical Wealth, and Financial Wealth and how to analyze and improve all aspects of life. Each section helps to measure your wealth and then give meaningful steps to improve.

Sahil Bloom combines storytelling, interviews, questions, exercises and insight in a guide to living your best life.

Thank you to NetGalley for providing an advanced reader copy in exchange for an honest review. I have also pre-ordered books for my adult children!

Maybe it's my age and the fact I adjusted my priorities years ago, but I didn't find anything temendously new or earth shattering in this book. The 5 Types of Wealth began when the author realized time was passing quickly and that time he had to spend with loved ones was growing short. The realization sent him on a journey to readjust his priorities and focus on building not just material wealth, but "wealth" in the areas that matter.

HIs point is a good one. Our friends, family, healthy and social purposes are as important as our careers.

That said, as I read this book, it was clear to me that the author was writing this book to enhance his career as a public speaker and life management guru, and that his target market is senior managers, wealthy entrepreneurs, and wannabe wealthy entrepreneurs. Oh, and people with nannies because any primary caregiver will tell you that those carefully crafted schedules he recommends would crumble to bits when faced with a sick toddler.

The above criticism aside, the book DOES contain a lot of useful information. Bloom has read all the important time management and personal growth books and pulls out the most important points. (That alone is a time saver!) I found the exercises he built around those points to be very helpful. More than one ended up jotted down in my journal for future use.

Bottom line, this book is best for readers who are:

1. Part of the 1 % or aspiring to be part of the 1%
2. Under the age of 50
3.. Highly organized or Type A personalities
4.. Not in charge of managing a family or household

This is an engaging and accessible exploration of how to think about and (re)define wealth. The book explores five types of wealth - financial, mental, physical, social, and time. It is full of practical advice and prompts to reflect and assess various aspects of wealth. I appreciated the structure of the book which is organized around asking a “big question”, offering conceptualizations of the different types of wealth, outlining three pillars of each aspect of wealth, and providing guidance and summaries.

Thank you to Random House Ballantine and NetGalley for the opportunity to read a copy.

As an ardent follower of Sahil Bloom's weekly newsletters, I approached his debut book with high expectations, and "The 5 Types of Wealth" not only met but exceeded them, emerging as the most impactful self-help book I've encountered in recent years. While longtime readers of Bloom's newsletters might recognize some concepts, seeing them woven together into a cohesive framework offers a fresh and transformative perspective on what it truly means to live a wealthy life.

At the heart of Bloom's philosophy lies the critical premise: financial wealth, while important, should not be the dominant measure of a rich life. Your wealthy life may be enabled by money, but in the end, it will be defined by everything else. As he says, "Your wealthy life may be enabled by money, but in the end, it will be defined by everything else." Through meticulous research spanning three years and countless interviews, Bloom presents four other equally crucial forms of wealth: Time, Social, Mental, and Physical. What particularly resonates is his practical approach, breaking down each wealth type into three pillars and providing a 25-question assessment tool that helps readers establish their baseline.

The book's true strength lies in its actionability. Each section concludes with concrete strategies for improvement, making abstract concepts tangible and implementable. Bloom's relationship map and energy matrix stand out for me as particularly valuable tools that I'm eager to incorporate into my own life. His systems for time wealth management are already proving their worth in my daily routine.

Perhaps the most powerful aspect of the book is captured in the interviews Bloom conducted, where notably, "No one mentioned money" when discussing their version of a wealthy life. This observation is perfectly encapsulated in one of the book's most memorable quotes: "The only thing that matters at all is the quality of the relationships with the people we love." This is particularly refreshing in today's money-obsessed culture.

"The 5 Types of Wealth" is more than just another self-help book; it's a comprehensive blueprint for living a truly rich life. Whether you're starting your career, navigating midlife, or planning for retirement, Bloom's insights and practical strategies offer valuable guidance for creating a more balanced and fulfilling existence.

A big thank you to Mulholland Books and NetGalley for providing an advanced reader copy in exchange for an honest review.

The subtitle nails this one...transformative! Given the current economic situation, every is re-evaluating their lives. Bloom provides a much needed perspective shift in how we think about wealth. More of the popular thinking is shifting away from wealth in terms of finances, and more towards wealth in other aspects of life, and this couldn't be needed. This is in the top 5 books I've read this year.

This book by Sahil Bloom is an easy read and gives a perspective of important things in life other than just pure money creation. The key philosophy of this book is learning how to balance and prioritize all aspects of life (time, physical and mental health, social and financial) instead of just focusing on the money goal at the cost of losing the other precious things in life.
The 'Life's Razor' is an interesting concept wherein a simple phrase or sentence that defines our purpose at that season of life and would act as the litmus test for all other actions and decisions in our life. That way, we have a guiding principle that keeps us on track in our life's journey.
Goals, campsites and anti-goals are good concepts to know the direction in which we are headed and the milestones along the way.
This book is too general and am not sure if there is a specific target audience for it, probably would fit the self help category.