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We’ve been told that money is the only type of wealth.
This is a lie.
The 4 types of wealth you MUST understand:
1 Financial
2 Social
3 Physical
4 Time
Most people prioritize 1 & 2 their whole life only to realize when they're told that 3 & 4 are the most important ones.
Let’s walk through each to form a more comprehensive view of wealth:
Financial Wealth
This is the most commonly understood type of wealth.
It's generally what people mean when they say someone is wealthy.
Financial wealth is all about money—the money or financial assets that an individual has accumulated.
Social Wealth
Social wealth is about our connection to others in our respective worlds—our relationships.
True social wealth wealth is built through the cultivation of meaningful relationships.
Spend time building a T-shaped web of connectivity—broad and deep.
Build an army of mentors and friends.
Cultivate deep relationships, but also embrace the power of weak ties.
Physical Wealth
Physical wealth is about your health, fitness, and vitality.
It is perhaps the most critical—and under-appreciated—type of wealth.
Without physical wealth, it is effectively impossible to experience and enjoy the benefits of any of the other types of wealth.
Physical health is built through the long-term compounding of daily actions.
There are 3 broad buckets:
• Exercise—daily movement
• Nutrition—mostly real foods
• Sleep—good sleep habits
It's never too late to start building—or restoring—physical wealth.
Health is wealth.
Time Wealth
Time wealth is about the freedom to choose:
• How to spend your time
• Who to spend it with
• Where to spend it
• When to trade it for other types of wealth
Time wealth is also about an appreciation for the precious nature of time—of its value and importance.
Too many people fail to realize the value of this precious asset until it is gone.
Treat time as your ultimate currency—it’s all you have and you can never get it back.
NEVER let the pursuit of financial wealth rob you of your time and physical wealth.
Want to take the first step to building your own business and creating wealth?
Here's your playbook: https://myfirstdollar.kit.com/newsletter
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