5 Types of Wealth (Part II)

Retirement Planning

Part 2: Social Wealth – The Power of Connection

 

Money might buy a yacht, but it won’t fill it with people you love. In Part 2 of our series on The 5 Types of Wealth, Sahil Bloom dives into Social Wealth, the richness of relationships that outshines any paycheck. Drawing from history (think Aristotle’s “man is a social animal”) and modern science, Bloom shows how deep bonds—not just networking—fuel happiness.

 

Bloom shares a story of a tech founder who sold his company for millions, only to feel emptier than ever. Why? He’d sacrificed friendships for the grind. Studies back this up: Harvard’s 80-year happiness study found strong relationships, not wealth, predict long-term joy. Social Wealth has three pillars—breadth (a wide network), depth (close ties), and trust (reliable bonds)—and neglecting any leaves you poorer than you think.

 

**Key Takeaways:**

 

– **The Big Question:** “Who would you call at 3 a.m. if life fell apart?” It’s a gut check for who’s really in your corner.

 

– **Actionable Steps:** Bloom suggests rituals like weekly friend check-ins or hosting no-agenda dinners. Small moves build big trust.

 

– **Real Talk:** Quality beats quantity. One true friend beats a hundred LinkedIn contacts.

 

Social Wealth isn’t about being popular—it’s about being connected. Tomorrow, we’ll explore how your mind shapes your wealth.

 

Next Up: Mental Wealth – Clarity Is King