15 Things That Are a Complete Waste of Your Money

Welcome to another episode of the Building Your Money Machine Show! In this episode, I’m getting real and a little bit blunt as we tackle a question I know many of us have asked ourselves: “Where the heck is all my money going?” Maybe you haven’t splurged on a yacht, but if you’ve ever wondered why your bank account doesn’t reflect the hard work you’re putting in, you’re in the right place.

I break down the 15 perfectly normal — but totally destructive — ways your wealth is secretly bleeding out. These sneaky money leaks come disguised as self-care, adulting, or the infamous “I deserve this” mentality. Over time, they rob us of our options, our freedom, and, most importantly, our financial future. I’ll walk you through each of these traps, share where I’ve personally tripped up, and give you practical solutions on how to plug those leaks so you can start building real wealth.

Think of this as your financial reality check — practical tips, a bit of tough love, and a whole lot of heart. It might sting a little, but sometimes, that’s exactly what we need to take back control and start winning with money.

IN TODAY’S EPISODE, I DISCUSS:

• Why new cars on payment plans are a fast track to losing money
• The true cost of unused subscriptions
• Why most home fitness equipment ends up as an expensive laundry rack
• The psychological trap of buying things “because they’re on sale”
• The difference between spending and investing
• When DIY jobs backfire and why outsourcing sometimes saves you money
• The credit card points trap — when chasing points actually costs you more

RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/

• If The Dollar Is Collapsing - Is It Worth Saving Money?
• 7 Smart Habits of Quiet Millionaires
• 7 Reasons Why The Wealthy NEVER Trade Time For Money
• The Truth About Net Worth: Are You Rich or Poor?
• The Financial Industry's Biggest Lie About Compound Interest

RECOMMENDED VIDEOS FOR YOU
 
If you liked this video, you'll love these ones:

• If The Dollar Is Collapsing - Is It Worth Saving Money?: https://youtu.be/yG3CoFaYV2Y
• 7 Smart Habits of Quiet Millionaires: https://youtu.be/aeTEvvI_H40
• 7 Reasons Why The Wealthy NEVER Trade Time For Money: https://youtu.be/Jg_8jupAGkQ
• The Truth About Net Worth: Are You Rich or Poor?: https://youtu.be/vxaW2JGnRZA

ORDER MY NEW USA TODAY BESTSELLING BOOK:

Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!

The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that’s no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.

Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.

When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 

TAKE THE FINANCIAL FREEDOM QUIZ:

Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com