Are you truly wealthy?

When we think of wealth, most of us default to the financial. After all, money provides security, access to opportunities, and freedom to make choices. Financial wealth is undeniably important — it pays the bills, builds stability, and allows us to pursue experiences that bring joy. But if financial wealth is all we focus on, are we truly rich?

We’ve all heard stories of high earners who feel trapped, burned out, or unfulfilled. This discontent often stems from neglecting other forms of wealth that make life meaningful. James Clear, author of Atomic Habits, offers a broader perspective, suggesting that true wealth comes in four forms:

1. Financial wealth – Money that gives you freedom and security.
2. Social wealth – Relationships that add joy and meaning to life.
3. Time wealth – The ability to spend your time on what truly matters to you.
4. Physical wealth – Good health that enables you to enjoy everything else.

These elements are interconnected, and a fulfilling life requires balance among them. Yet, how often do we pause to assess our careers and lives through this lens?

The illusion of financial success

It’s easy to get caught up in chasing financial wealth, particularly in a culture that equates success with income, promotions, and material possessions. While money provides freedom and security, it doesn’t guarantee happiness. In fact, it often comes at a cost. Long hours, high stress, and demanding expectations can erode other forms of wealth, leaving us feeling depleted.

For example:

• You might earn a six-figure salary but have little time to spend with loved ones, sacrificing your social wealth.
• You could be financially comfortable but find that the long hours and high stress are taking a toll on your health.
• Perhaps your work offers flexibility and time freedom, but you’re underpaid and constantly worried about making ends meet.

When we focus solely on financial wealth, it’s easy to neglect the other aspects that make life fulfilling.

Is your career truly making you wealthy?

Take a moment to reflect on your current job or lifestyle.

Does it offer some forms of wealth while taking away from others? Where do you feel the biggest gaps in your life right now?

Each form of wealth feeds into the others. Financial wealth provides options but can feel empty without fulfilling relationships or good health. Time wealth allows for freedom but is meaningless if you lack the resources to enjoy it. Physical wealth underpins everything, yet it’s often the first to suffer in demanding careers.

Beyond the four types of wealth

What if there are other forms of wealth that matter just as much? Consider these additional dimensions:

Purpose wealth

The sense that what you do matters and aligns with your values. Without purpose, even a lucrative career can feel hollow. Purpose wealth is about making an impact and feeling proud of your contributions.

Spiritual wealth

A connection to something greater than yourself, whether through faith, nature, or personal growth. This type of wealth offers a sense of grounding and peace, helping you navigate challenges with resilience.

When these dimensions are overlooked, even financial success can leave you feeling unfulfilled. Balancing these forms of wealth isn’t just about creating a happier life — it’s about creating a life that feels meaningful and aligned with your values.

Bridging the gaps in your life

Understanding where your career supports or hinders these forms of wealth can be transformative. Start by asking yourself the following:

• What is most important to me? Reflect on your values and priorities. Are you honouring them in your current career or lifestyle?
• Where are the gaps in my life? Identify the areas where you feel deprived—whether it’s time, relationships, health, or purpose.
• What changes can I make? Even small adjustments can lead to a more balanced and fulfilling life.

For instance: If social wealth is lacking, consider prioritising time with friends or colleagues who uplift you. If your health is suffering, set boundaries to ensure you can rest, exercise, and recharge. If you feel a lack of purpose, explore opportunities to align your work with causes or goals that inspire you.

The power of small shifts

It’s easy to feel overwhelmed by the idea of balancing these different forms of wealth, especially if you’re deeply entrenched in a demanding career. But meaningful change doesn’t require a dramatic overhaul. Often, it starts with small, intentional shifts.

Reclaim your time

Can you delegate tasks, say no to unnecessary obligations, or create more efficient routines? Time is one of the most finite resources we have, and reclaiming even a few hours a week can make a difference.

Invest in your health

Prioritise sleep, movement, and nutrition. These foundational habits support every other form of wealth.

Deepen your relationships

Reach out to a friend you haven’t spoken to in a while or schedule a regular date night with your partner. Social wealth grows when we nurture it.

Align with purpose

Seek ways to connect your work with your values, whether it’s mentoring others, volunteering, or pursuing a long-held passion.

What does true wealth look like for you?

There’s no universal formula for balancing the forms of wealth. What matters most will depend on your unique circumstances, goals, and values. The key is to regularly reflect and adjust, ensuring that no single dimension overshadows the others.

So, where are the gaps in your life? What would it take to create more balance? And perhaps most importantly, what does true wealth mean to you?

Your career should not just provide a salary — it should also contribute to a rich, meaningful, and fulfilling life. If you’re ready to reflect deeply on what wealth means to you and take steps toward achieving a better balance, start today.

What small change can you make today to start moving toward it?