Afford Anything | Get Smarter With Money

The Four Kinds of Rich Nobody Counts -- with Sahil Bloom [GREATEST HITS]

Afford Anything | Get Smarter With Money

Show Notes

#745: A friend once asked Sahil Bloom how often he saw his parents. About once a year, Sahil said.

How old are they? Mid-60s.

His friend did the math out loud. If they live to 80, you'll see them 15 more times.

Sahil was 30, living in California and making great money at a venture fund. Within 45 days of that conversation, he quit his job, sold his house and moved across the country to be near family.

He's now managing partner of SRB Ventures, an early-stage fund backing more than 60 startups, and he writes The Curiosity Chronicle, a newsletter read by millions. His book, "The 5 Types of Wealth," is a New York Times bestseller.

His framework starts with a scoring problem. Financial wealth gets measured every day. Time, social, mental and physical wealth run in the background, unmeasured, until something forces you to look.

You'll get exercises for each. Build an energy calendar that tracks which activities charge you up and which drain you.

Map your relationships by how healthy and how frequent they are. Ask what your family and your community need from you. Define what "enough" means in dollars, then write the number down.

Sahil also walks through anti-goals — the things you refuse to sacrifice on the way to a goal — and Memento Mori, the Roman habit of keeping your own death in view.

Two questions run underneath all of it. Think about how you spent yesterday. Would your 10-year-old self be impressed? Would your 90-year-old self?

You don't experience all four seasons in a single day. Sahil argues your life runs on seasons too. Some stretches call for financial growth. Others call for family.

Find Sahil at the5typesofwealth.com.

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