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BITESIZE | The 5 Types of Wealth: How to Design Your Dream Life | Sahil Bloom #577

Sep 11, 2025 25m 24s 21 insights
In a world seemingly obsessed with financial success, what does it truly mean to be wealthy? And what if the path to a more meaningful life has less to do with what we earn and more to do with how we live? Feel Better Live More Bitesize is my weekly podcast for your mind, body, and heart. Each week I’ll be featuring inspirational stories and practical tips from some of my former guests. Today’s clip is from episode 517 of the podcast with successful entrepreneur, online creator, and author of the book ‘The Five Types of Wealth: A Transformative Guide to Design Your Dream Life’, Sahil Bloom. In this clip, he shares some of the powerful life lessons that inspired his book and we explore small daily actions and practical tools that could help you build a happier, healthier, more fulfilled life. Thanks to our sponsor ⁠⁠⁠⁠⁠https://drinkag1.com/livemore⁠ Show notes and the full podcast are available at https://drchatterjee.com/517 Support the podcast and enjoy Ad-Free episodes. Try FREE for 7 days on Apple Podcasts ⁠⁠https://apple.co/feelbetterlivemore⁠⁠ For other podcast platforms go to ⁠⁠https://fblm.supercast.com.
Actionable Insights

1. Redefine Life’s Scoreboard

Shift your personal scoreboard away from solely measuring financial wealth to include crucial areas like time, social, mental, and physical wealth, as these truly create a meaningful and happy life.

2. Define Your “Enough”

Regularly ask yourself “What is enough?” to combat the societal “disease of more” and avoid the endless quest for external validation, which leads to misery.

3. Embrace the Beauty of Enough

Consciously embrace the feeling of having “enough” in the present moment to prevent the endless quest for more from distracting you from current joys and leading to misery.

4. Build an Intentional Life

Do not accept the world’s default settings for meaning; instead, put thought and reflection into defining what matters to you and intentionally build your life around those values.

5. Avoid Autopilot Living

Actively resist living on autopilot, reacting solely to external demands like emails, social media, and news, as this prevents you from building an intentional and fulfilling life.

6. Create a Personal Life Razor

Develop a single, defining rule or statement (a “life razor”) that simplifies decision-making for your entire life, acting as a compass for who you are and how you show up in the world.

7. Test Your Life Razor

Ensure your chosen life razor is controllable (you can act on it), ripple-creating (impacts beyond the direct action), and identity-creating (signifies who you are and how you show up).

8. Use Life Razor for Decisions

Apply your life razor as a clear lens to navigate chaos and make decisions, asking yourself what your ideal self (as defined by your razor) would do in any given situation.

9. Invest in Five Wealth Types

Actively invest in time wealth (freedom to choose how you spend time), social wealth (depth of connection), mental wealth (purpose, meaning, growth), physical wealth (health and vitality), and financial wealth (understanding what is enough) to build a fulfilling life.

10. Invest Now, Not “Later”

Actively invest in all areas of wealth (time, social, mental, physical) now, as they compound over time, and delaying (’later’) often means they will atrophy and never materialize.

11. Keep All Life “Dimmer Switches” On

Understand that all areas of life require continuous, even small, daily actions to prevent atrophy; maintain a “dimmer switch” approach rather than an on-off switch, as anything above zero compounds.

12. Balance All Wealth Areas

While each of the five types of wealth is important individually, actively manage the relationships and balance across them, recognizing that life has seasons where priorities may shift.

13. Nurture Relationships Daily

Actively invest in relationships by sending texts, expressing feelings, opening up, and showing appreciation, as these small daily deposits yield lasting positive benefits.

14. Small Daily Social Investments

Make small, consistent daily investments in your social wealth, such as sending a text, making a phone call, or taking a short walk with a loved one, because anything above zero compounds over time.

15. Be a Supportive Friend

If you lack support, actively be a supportive friend to others during their hard times, as the care you extend will likely be reciprocated when you need it.

16. Show Up in Dark Moments

Be present and supportive for others during their difficult times, even with a simple text, as this act of solidarity builds strong bonds and ensures they will be there for you later.

17. Prioritize Foundational Financial Wealth

Recognize that earning money is crucial for reducing unhappiness and fundamental burdens, especially in early stages, but understand that its impact on happiness diminishes beyond a certain point.

18. Ask the Right Questions

Recognize that the answers for how to live your life are within you; your task is to ask the right questions to reveal these inherent truths.

19. Act on Wisdom, Don’t Just Nod

When confronted with wisdom or insights (e.g., from near-death experiences or older people), actively implement them into your life rather than just acknowledging them and returning to old habits.

20. Take One Tiny Action

Choose just one small, non-dramatic action to implement immediately to change something in your life, as this initial momentum will create ripples and dramatically alter your future.

21. Daily Health Drink

Consider incorporating a daily health drink like AG1, which supports digestion and enriches the gut microbiome, to improve overall well-being, especially during winter.