5 Types of Wealth (Part I)

Retirement Planning

Part 1: Time Wealth – The Currency of Life

 

What if the truest measure of wealth isn’t your bank account, but how you spend your hours? In The 5 Types of Wealth, Sahil Bloom kicks off his transformative framework with Time Wealth, arguing it’s the foundation of a rich life. Society has conditioned us to trade time for money, but Bloom flips the script: time is the ultimate non-renewable resource, and true wealth lies in controlling it.

 

Bloom starts with a wake-up call—after his son was born, he realized how little time he’d spent truly present. He interviewed dozens of elderly folks (with over 1,000 years of collective wisdom), and not one mentioned money as their life’s highlight. Instead, they regretted time lost to meaningless grind. Time Wealth, he says, is about awareness, attention, and control. It’s not about having endless free time (impossible for most), but prioritizing energy-creating tasks over soul-draining ones.

 

Key Takeaways:

 

– **The Big Question:** “What would you do with your day if time weren’t a constraint?” Bloom uses this to spark reflection on what really matters.

 

– **Practical Tools:** He suggests systems like the Eisenhower Matrix (urgent vs. important) and saying “no” to low-value commitments. Imagine cutting one hour of mindless scrolling—suddenly, you’ve got 365 extra hours a year!

 

**Mindset Shift:** Life’s about direction, not speed. Slow down to speed up what matters.

 

Next time you’re tempted to say “I’m too busy,” ask: busy with what? Time Wealth isn’t about having more hours—it’s about owning the ones you’ve got.

 

Next Up: Social Wealth – Why Relationships Trump Riches