Sahil Bloom: 5 Types of Wealth and the Financial Freedom “X Factor” [Video]

Episode #604

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Do we focus too much on just one type of wealth? What if the key to a happy life isn’t retiring early, ascending the corporate ladder, or having more money than you know what to do with? Serial entrepreneur Sahil Bloom spent years chasing money, only to find that it didn’t provide happiness—it robbed him of it. Find yourself in the same boat? This episode is for you!

Welcome back to the “BiggerPockets Money” podcast! Today, Sahil joins the show to discuss the core concepts from his latest book, “The 5 Types of Wealth.” Many FIRE-focused folks believe that financial wealth unlocks time, social, mental, and physical wealth, but Sahil is living proof that this isn’t the case. In this episode, he shares about his own journey from financial illiteracy to financial independence, the different levers he pulled along the way, and how he was able to dig himself out of a rut that was slowly destroying his life.

Whether you’re stuck on the happiness hamster wheel, burned out at your nine-to-five job, or lacking in any area beyond money, you’re not alone! Sahil will show you the “x factor” that leads to financial freedom, the best and most scalable side hustles to start, and how to transition from your W2 to entrepreneurship!

00:00 Intro
01:02 Sahil’s Money Journey
03:18 Building a Financial Foundation
13:29 Leaving the Fund & Moving Home
21:43 The “Scalability” of the Internet
28:09 Structuring His Company
33:18 The 3 Pillars of Financial Wealth
39:09 Riding Out the Market
43:40 The 5 Types of Wealth
46:08 Connect with Sahil!
47:03 Build “Well-Rounded” Wealth!