What Are the Five Types of Wealth?

If you’re scrolling through Instagram, you’d think wealth is all about crisp white outfits, bougie vacations, and $12 iced matcha lattes. But according to Sahil Bloom, who recently dropped some wisdom on The Skinny Confidential Him & Her podcast, wealth isn’t just about what’s in your bank account. In fact, if you’re only chasing financial wealth, you might just end up miserable (but hey, at least you’ll be miserable in a designer handbag, right?).

Sahil lays out what he calls The Five Types of Wealth, and this is the kind of wealth distribution worth paying attention to. It’s not just about the Benjamins—it’s about designing a life you actually want to live.

What Are the Five Types of Wealth?

1. Financial Wealth: The Money (Duh, But It’s Not Everything)

Okay, let’s start with the obvious—money is important. No one’s here to romanticize struggling to pay rent or pretending that financial stability doesn’t bring a certain level of peace. “Money solves money problems,” Sahil says. “It doesn’t solve any of the other ones. And it turns out that most of life is other problems.”​

Ever met a rich person who’s completely miserable? We all know that one person who has it all—success, luxury, maybe even a yacht—but is running on stress, bad relationships, and a Vitamin D deficiency from working 80-hour weeks. The trick is not to get caught in the trap of making money the defining success metric.

2. Time Wealth: The Ultimate Flex

Ever wish you could just take a nap at 2 p.m. on a Tuesday? That’s time wealth, my friend, and it might just be the most underrated form of riches. “Time wealth is really about freedom to choose how you spend your time, who you spend it with, where you spend it. And it really begins with an awareness of the fact that time is your most precious asset,” Sahil explains​

So while some people are grinding 24/7 in the name of financial wealth, the truly rich are chilling.

And if you’re working yourself to exhaustion so that maybe one day you’ll have time? Here’s a hard truth: If you don’t make space for time wealth now, you probably never will.

3. Social Wealth: Your People Are Your Net Worth

What’s the point of success if you have no one to share it with? Seriously. “No one ever said they wanted to be on a private jet by themselves. People want to experience these things with others,” as Sahil puts it.​

Social wealth is about the relationships you nurture—the friends who actually check in on you, the family bonds that don’t feel like a chore, and the kind of community that makes life richer than any paycheck.

Social wealth isn’t just about having a lot of people around—it’s about having the right people around. And in case you needed a reminder: If your circle doesn’t support your growth, it’s not a circle, it’s a cage.

4. Physical Wealth: Because Burnout Isn’t Cute

It’s all fun and games until your body starts waving the white flag. Physical wealth means taking care of yourself—not just to look good in those Reformation dresses, but to actually feel good. Sahil makes a crucial point:“If you’ve sacrificed your health and your mental well-being for financial success, now you’ve got a decade of cleanup.”​

If you’re in your late 20s or early 30s thinking, “That won’t be me,” let me introduce you to every exhausted workaholic in their 40s who wishes they had prioritized sleep, nutrition, and some damn stretching.

So yes, hustle—but also hydrate, get some sunshine, and maybe don’t spend 12 hours hunched over your laptop.

5. Mental Wealth: The Power of Peace

“The greatest discoveries in life come not from finding the right answers but from asking the right questions,” Sahill says.​ Mental wealth is the ability to actually enjoy your life without constantly feeling like you’re running a marathon on a treadmill that won’t slow down. It’s not about having it all together—it’s about knowing how to handle it when things aren’t together.

Instead of measuring success by how much you achieve, try measuring it by how much peace you feel. Meditation, therapy, journaling, cutting toxic people out of your life—whatever gets you there, that’s your mental wealth deposit.

The Real Definition of Rich

At the end of the day, real wealth is about creating a life that feels good on the inside—not just one that looks good on the outside. If your bank account is thriving but you’re miserable, burned out, and disconnected from the people who matter… congratulations, you played yourself.

As Sahil says, “You will never feel successful unless you create your own definition of success.”​

So chase the bag, but don’t forget to chase your version of a rich life. And if that means saying no to toxic hustle culture and yes to mid-afternoon naps,  you’re already on the right track.

That’s the kind of wealth we should all be striving for. Now, if you’ll excuse me, I’m off to invest in my time wealth—aka a long, luxurious scroll through TikTok (because balance, obviously).