Bestselling Author Mel Abraham joins the podcast to share insights on building financial freedom and a 'get to' life. They discuss measuring wealth in time, overcoming temptations, utilizing Shopify for launching products, customizing financial plans, and prioritizing wealth building. They also touch on the importance of fiduciary standards in financial advice, empowering financial freedom, and passing on financial knowledge to future generations.
Wealth should align with values and life visions, not just arbitrary monetary goals.
Advises individuals to ensure that debts contribute to increasing net worth or cash flows.
Guidance on choosing a financial advisor who aligns with personal goals and follows fiduciary standards.
Encouragement to explore the book 'Building Your Money Machine' by Mel Abraham for comprehensive guidance on financial management.
Collaboration within the Growth Day network for enhanced personal growth and purpose-driven content.
Deep dives
The importance of financial freedom and wise investing
Investing in financial freedom is crucial, emphasizing the need to measure wealth in time controlled. Wealth should align with values and life visions, not just arbitrary monetary goals. The speaker shares personal experiences highlighting how financial freedom alone may not bring fulfillment.
Dealing with debts and financial decisions
Discusses healthy financial behaviors like stopping increasing debt, being intentional with spending decisions, and creating debt payment plans. Emphasizes the significance of aligning spending with values and sustainable joy points to avoid wasteful expenses.
Advice on the relationship between debt and wealth building
Highlights the importance of differentiating between productive and destructive debt. Advises individuals to ensure that debts contribute to increasing net worth or cash flows rather than financing mere consumables to prevent financial setbacks.
Selecting a financial advisor or planner
Guidance on choosing a financial advisor who aligns with personal goals, educates thoroughly, serves needs, and follows fiduciary standards. Stress on the importance of advisor transparency and commitment to client vision and growth.
Purchase of the book and final reflection on financial wisdom
Encouragement to explore the book 'Building Your Money Machine' by Mel Abraham for comprehensive guidance on financial management. Stress on the value of understanding money's role and ensuring it works hard for individuals, coupled with reflections on buying freedom and living authentically aligned with personal values.
Growth Day network excitement and podcast recommendation
Excitement about joining the Growth Day network for empowering growth and purpose. Encouragement to subscribe to the Boss Babe Podcast within the network for enriching content and impactful insights focused on personal growth and success.
Acknowledgment of personal growth and collaboration
Shares feelings of excitement over joining the Growth Day network for expanding growth opportunities. Recommends subscribing to the Boss Babe Podcast for engaging content and empowering insights into personal development and growth strategies.
Importance of collaboration and professional growth
Expresses enthusiasm for joining the Growth Day network to accelerate personal and professional growth. Recommends the Boss Babe Podcast for valuable insights and strategies aimed at fostering personal development and success.
Promoting collaboration and personal growth
Highlights the significance of collaboration within the Growth Day network for enhanced personal growth and purpose-driven content. Encourages subscribing to the Boss Babe Podcast for enriching perspectives and strategies dedicated to personal development and empowerment.
Today is all about building the wealth your life deserves. My good friend Mel Abraham who is a Best selling Author and EXPERT at helping you build financial freedom and a "get to" life. Your mind is going to be blow today from the wisdom that Mel shares. I asked him the questions a lot of us want to know, and wait until you hear his answers!
PRESS PLAY and get ready to build your MONEY MACHINE....
Make sure you get Mel's brand new book "Building Your Money Machine" right now!
It's time to get serious about our financial future.
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