We all chase wealth, but are we chasing the right kind of wealth? For many, wealth is synonymous with money. But what if true wealth encompasses far more? Sahil Bloom, a former Stanford baseball player turned entrepreneur, investor, and writer, has redefined the meaning of wealth in his framework of 5 Types of Wealth.
Bloom’s perspective aligns closely with GoodLiife’s ZenScore and LiifeScore, which measure and track personal fulfillment across multiple life dimensions. While Bloom’s framework offers a conceptual roadmap, GoodLiife provides the tools to measure and optimize these wealth areas in a practical, actionable way.
Let’s dive into Sahil Bloom’s 5 Types of Wealth and see how they align with the GoodLiife system, scores, and app.
Who is Sahil Bloom?
Sahil Bloom is a writer, investor, and entrepreneur known for his deep insights into personal development, finance, and success. After a career in baseball, he transitioned into the world of investing and business storytelling. Bloom’s work focuses on helping people rethink traditional success metrics, emphasizing balance and fulfillment over material gain.
One of his most profound contributions is his 5 Types of Wealth framework, which breaks the traditional view of financial wealth and redefines what it truly means to be “rich.” This philosophy aligns with GoodLiife’s mission of helping individuals create a balanced, meaningful, and fulfilling life.
Sahil Bloom’s 5 Types of Wealth (and How GoodLiife Tracks Them)
1. Financial Wealth (Money)
Bloom acknowledges that financial stability and security matter, but he warns against the common trap of thinking money alone leads to happiness. True financial wealth isn’t about accumulating more but about achieving financial freedom — the ability to live on your terms.
This is exactly what GoodLiife measures in its Wealth Score. It’s not just about how much money you have in the bank, but how well you manage it, how secure you feel, and whether your financial situation is helping or hurting your overall life balance. The goal isn’t to be endlessly chasing a number—it’s to make sure money is working for you, not the other way around.
2. Social Wealth (Relationships & Influence)
This type of wealth is built on strong relationships, meaningful connections, and a positive reputation. Bloom stresses that social wealth is often overlooked in the pursuit of financial wealth, but it’s one of the biggest predictors of long-term happiness.
GoodLiife gets this. That’s why Friends & Family and Romance are core categories in ZenScore. Relationships aren’t just a nice-to-have—they’re fundamental to a fulfilling life. The GoodLiife App nudges users to reflect on the quality of their connections, not just the quantity. Are you nurturing the friendships that matter? Do you feel supported? Are you making time for the people who make life meaningful? These are the real indicators of social wealth.
3. Time Wealth (Freedom & Control over Your Time)
Bloom emphasizes that having control over your time is one of the highest forms of wealth. The ability to work when you want, spend time with loved ones, and pursue passions is more valuable than financial wealth alone.
GoodLiife tracks this directly through Work-Life Balance and Leisure scores. It’s one thing to have free time, but are you actually using it well? Are you prioritizing rest, hobbies, and experiences that bring you joy? GoodLiife encourages people to design their schedules intentionally, ensuring they have time for work, play, and everything in between. It’s all about making sure your life isn’t just productive but also enjoyable.
4. Physical Wealth (Health & Vitality)
Without health, nothing else matters. Bloom stresses that taking care of your body and mind is foundational to enjoying any other type of wealth.
This one’s a no-brainer—GoodLiife makes Health one of its core life metrics. It’s not just about fitness; it’s about energy, stress levels, and overall well-being. The app helps people reflect on whether they’re prioritizing exercise, sleep, and mental health, recognizing that real wealth isn’t just about financial security, but the ability to actually enjoy life without being held back by physical limitations.
5. Mental & Spiritual Wealth (Purpose & Mindset)
This form of wealth includes inner peace, mental clarity, and a strong sense of purpose. Bloom argues that a person who lacks purpose and fulfillment is not truly wealthy, no matter their bank account balance.
GoodLiife has this covered with Purpose, Mindset, and Growth as key scoring areas. The system encourages self-reflection on whether you feel aligned with your values, whether you have a vision for your life, and whether you’re continually learning and evolving. True wealth isn’t just about having things—it’s about feeling at peace with where you’re headed.
How GoodLiife Expands on Sahil Bloom’s Framework
Sahil Bloom provides a compelling conceptual framework, but GoodLiife takes it further by providing an actual measurement system and action plan.
What GoodLiife Adds:
✅ Quantifiable metrics: Instead of vague concepts, GoodLiife provides scores and trackable progress.
✅ Personalized insights: Users get specific, data-driven feedback on their life balance.
✅ Actionable coaching tools: Life coaches and professionals can use GoodLiife to guide clients through these five wealth areas.
With GoodLiife, users don’t just reflect on these types of wealth — they actively measure and improve them.
Final Thoughts: Wealth Isn’t Just Money—It’s Balance
Sahil Bloom’s 5 Types of Wealth offer a powerful reframe of what it means to be truly wealthy. However, understanding this concept is just the first step. Applying it to daily life is where the real transformation happens.
That’s where GoodLiife comes in.
By using the GoodLiife Score App, you can track your wealth in all five areas and actively work toward a balanced, fulfilling life.
Are you truly wealthy in all aspects of life?
Take the GoodLiife ZenScore Assessment today and start designing a life that isn’t just successful, but deeply fulfilling. For more information on GoodLiife, visit www.goodliife.com or download the app from the App Store.
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