Building Your Money Machine

Mel H Abraham, CPA, CVA, ASA
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Mar 18, 2024 • 1h 1min

Fear is Your Path to a Life Fully Expressed with Farnoosh Torabi

What if I tell you that fear, yes, fear, can be your compass to a life fully unleashed and lived out loud?In today's fascinating chat with Farnoosh Torabi, we're cutting through the noise of financial fears and biases that hold us back. Farnoosh isn't just talking the talk; she's walked the walk, turning her fear into a blueprint for a fulfilled life with her book, A Healthy State of Panic. We're diving deep into her journey, from overcoming debt to embracing the role of being a financially successful woman in a relationship. Don't let another day slip by ruled by doubt. Tune in now, and let's conquer those fears together – it's your first step to freedom.IN TODAY’S EPISODE, I DISCUSS: Financial biases and personal narratives around moneyThe interconnection of money, life, and overcoming fearsStrategies for embracing fear and uncertainty in personal and financial growthCONNECT WITH FARNOOSH TORABIGet to know more about Farnoosh Torabi: https://farnoosh.tvFollow Farnoosh on Instagram: https://www.instagram.com/farnooshtorabiGet her book, A Healthy State of Panic : https://ahealthystateofpanic.comSubscribe to So Money podcast: https://podcasts.apple.com/us/podcast/so-money-with-farnoosh-torabi/id955939085RECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Protecting What Matters with Trent SheltonGetting What You Really Want with Cayla CraftAre You Really Living a Rich Life or a Bankrupt One?How to Do Money Right As a FamilyTAKE 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Mar 14, 2024 • 21min

FINANCIAL ADVISOR REVEALS: How You Should Invest $1000

Ready to make the most of your unexpected cash influx?I'll guide you through strategic ways to use an unexpected windfall to kick-start your path to financial freedom. I break down important steps to take before putting your money to work, including understanding your financial purpose, getting started with minimal funds, and investing in your financial education. I also delve into prioritizing funds for a comfort fund, eliminating destructive debt and building a peace of mind fund, and maximizing investment opportunities like 401(k) matching and Roth IRAs.IN TODAY’S EPISODE, I DISCUSS: The importance of putting an unexpected windfall aside and doing nothing initiallySteps to prioritize funds for comfort, eliminating destructive debt, and building a peace of mind fundRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Machine for Financial FreedomMy Greatest Money Lesson Came from a 6-Year Old7 Money Excuses That'll Keep You Broke!What to Do Today to Pay Less Tax and Keep More Money    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Create a Money Machine for Financial Freedom: https://youtu.be/ZXK7bnqrqcw My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Mar 11, 2024 • 51min

#1 Performance Coach Reveals The Mindset You Need To Succeed | Ben Newman

Are you ready to elevate not just your game but your life? It's about lighting that inner fire and living with purpose!In today’s episode, I dive deep with Ben Newman, powerhouse coach and Wall Street Journal best-selling author, into what it takes to set the bar high and live up to it every single day. Ben shares heartfelt stories, including his mother's awe-inspiring battle with a rare disease, and how these personal experiences fuel his relentless drive. From the football field with Nick Saban to the boardrooms, he underscores the value of discipline, authenticity, and a 'never finished' attitude in leadership and success.Ready to ignite your "burn" and raise your standards? Press play on the full episode now!IN TODAY’S EPISODE, I DISCUSS: Ben Newman's philosophy on living by standards and the meaning of true leadershipHow successful leaders and high performers harness personal adversity to fuel their driveThe significance of sharing not just our victories but also our struggles and learning experiencesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:The 25 Top Money Books I've Read (What I Learned)Traditional Financial Advice Doesn't Work for EntrepreneursBuild Wealth & Live a Rich Life at Any Age (My so n's journey)How to Do Money Right As a Family   RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:I Read 40 Books on Money... Here's what will make you rich: https://youtu.be/IVrVC8smFS4 Traditional Financial Advice Doesn't Work For Entrepreneurs :https://youtu.be/GZTaw24Hnc4 Build Wealth & Live a Rich Life at Any Age (My son's journey): https://youtu.be/5p7OVp2pAbM How to Do Money Right as a Family:https://youtu.be/vZqfINfPNoo 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok:
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Mar 7, 2024 • 18min

FINANCIAL ADVISOR REVEALS - Money Habits That Keep You Broke

Dive into the fundamental money habits that could be keeping you from achieving financial freedom in this eye-opening episode. From the importance of tracking your numbers to making investing a priority, Mel takes you through the habits that could be holding you back from the financial freedom you deserve. This episode empowers you with real, actionable steps to break these habits and replace them with wealth creation habits. Understanding the difference between savings and investing or the impact of taxation on wealth creation, Mel provides insightful guidance to help you take control of your financial future.IN TODAY’S EPISODE, I DISCUSS: The importance of tracking your financial numbersMaking investing a priority over spendingThe significance of a peace of mind fund for financial stabilityRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterWhat to Do Today to Pay Less Tax and Keep More Money    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Mar 4, 2024 • 44min

Protecting What Matters with Trent Shelton

Are you struggling to maintain your equilibrium in a world that constantly pushes your boundaries? How many times have you said "yes" when every fiber of your being was screaming "no"?In this heart-to-heart with Trent Shelton, we dive deep into the art of safeguarding what's truly vital—our peace. I'm stoked about Trent’s upcoming book, "Protect Your Peace," which adds a fresh perspective to the conversation on emotional well-being. Our honest discussions shed light on the challenging lessons surrounding trust, letting go, and the real struggle to maintain inner calm amid life's chaos.So, if you're ready to stop shuffling your feet at the edge of life's battlefield and start living your best life, this is one episode you've got to hear. Tune in, set your boundaries, and learn to protect what truly matters.IN TODAY’S EPISODE, I DISCUSS: The art of setting boundaries for personal growthChoosing peace over people-pleasingThe impactful strategies from Trent Shelton’s book "Protect Your Peace"CONNECT WITH TRENT SHELTONVisit Trent Shelton’s website: https://www.trentshelton.comPre-Order 'PROTECT YOUR PEACE' to receive bonus gifts: https://www.trentshelton.com/bookFollow Trent on IG: https://www.instagram.com/trentshelton/?hl=enSubscribe to Trent’s YouTube page: https://www.youtube.com/channel/UCkwdk8T8kJAzH7CusCv8QoARECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Are You Really Living a Rich Life or a Bankrupt One?A New Path to Conversation, Connection & Conversion with Natasha WillisFulfillment & Wealth Through a Personal Brand with Rory VadenBuild Wealth & Live a Rich Life at Any Age (My son's journey)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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Feb 29, 2024 • 22min

Do THIS Every Time You Get Paid (Paycheck Routine)

Are you ready to take control of your financial future and maximize your paycheck with smart money management?In this episode, I delve into the critical steps you need to take when you receive your paycheck. I guide you through creating a cash resource plan, understanding your needs, wants, and deletes, and share strategies to manage your money effectively.From setting up a comfort fund to automating your investment contributions, I'll equip you with the tools to make the most of every dollar you earn.If you're ready to accelerate your path to financial freedom and build your money machine, don't miss this episode!IN TODAY’S EPISODE, I DISCUSS:- Creating a cash resource plan to allocate every dollar a job description- Understanding your needs, wants, and deletes to manage your financial flow effectively- The wealth priority ladder and how to automate your investment contributionsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Greatest Money Lesson Came from a 6-Year OldShould I Rent or Buy a HomeWhat to Do If You Think You’re Gonna Get Laid OffGetting Your Partner on the Same Money Page    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M Should I Rent or Buy a Home: https://youtu.be/Dy7NyPqrCHE What to Do If You Think You’re Gonna Get Laid Off: https://youtu.be/QYOW2nUbDr8 Getting Your Partner on the Same Money Page: https://youtu.be/BaAW-JswkXQ 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – 
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Feb 26, 2024 • 44min

Getting What You Really Want with Cayla Craft

The journey towards achieving our deepest desires often begins with a single, yet profound question: What do we really want? In this episode, we delve into the power of self-inquiry and strategic decision-making that propels us toward our goals. Joining us is Cayla Craft, a renowned coach and mentor known for her dynamic approach to empowering individuals in the pursuit of their ambitions. Cayla's reverse-engineered coaching method from her network marketing triumph is sure to light a fire under you.The conversation pivots around Cayla's framework outlined in her book, What Do You Really Want?  Here, she emphasizes seven pivotal questions designed to empower your personal and professional journey towards success.If you're at a crossroads, seeking clarity on your path forward, or simply looking to infuse your life with more intention and fulfillment, this episode with Cayla Craft is a must-listen. Tune in to discover how to articulate what you really want and take the steps to make it your reality.IN TODAY’S EPISODE, I DISCUSS:The seven critical questions that guide you to clarity and purposePractical strategies for aligning your decisions with your deepest desiresEmbracing emotions as feedback, not identityCONNECT WITH CAYLA CRAFT:Get to know more about Cayla Craft: https://caylacraft.comGet her book, What Do You Really Want?: https://www.craftedoffer.comRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Actually Make Money InvestingMy Money Planning Process to Achieve Your GoalsAre You Really Living a Rich Life or a Bankrupt One?A New Path to Conversation, Connection & Conversion with Natasha WillisTAKE 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Feb 22, 2024 • 30min

How High Earners Invest

Are you at a crossroads trying to figure out how high earners actually manage their investments? There's a whole lot more than just raking in the cash; it's about planting it smartly!In this thought-provoking episode, I unravel the wisdom and strategies behind how high earners channel their finances into avenues that accelerate wealth. I will guide you through the principles of the "wealth priority ladder," where every dollar is earmarked for prosperity. You'll find out why some high earners are still caught in the paycheck-to-paycheck snare and how to sidestep that trap by smart management of both your earnings and outgoings.Ready to revolutionize your approach to financial security and pave the path to true financial freedom? Plunge into the full podcast now!IN TODAY’S EPISODE, I DISCUSS:Creating a cushion with a 'comfort fund' to cover unexpected expensesThe critical steps to eliminate 'destructive' debt and balance it with wealth creationDesigning a 'peace of mind fund' tailored for entrepreneurs and main income earnersInvesting strategies for high earners including maxing out 401(k)s, understanding Roth IRAs, and utilizing the mega backdoor RothTaking advantage of tax-advantaged accounts before moving to regular brokerage accountsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsWhy HSA Accounts Are So PowerfulShould You Use a HELOC to Payoff Your Mortgage?Are You Really Living a Rich Life or a Bankrupt One?    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y Why HSA Accounts Are So Powerful: https://youtu.be/GGv6ldvCe6E Should You Use a HELOC to Payoff Your Mortgage?: https://youtu.be/_2Hu42no2IY Are You Really Living a Rich Life or a Bankrupt One?: https://youtu.be/yrredqHf09s 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): M
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Feb 19, 2024 • 1h 12min

Listen to These 70 Minutes To Get Rich in 2024

Are you aiming to hit financial high notes and truly optimize your wealth-building journey in 2024? It's not just a dream; let's make it your reality!In today's riveting 70-minute episode, I peel back the curtain on the secrets to getting rich, and believe me, it's a game-changer. I share not only the essential principles of wealth accumulation but also the profound personal transformation that can redefine your relationship with money. From realizing the brevity of life due to an unexpected cancer diagnosis to learning how to control time through financial mastery, I get real about what it takes to earn, multiply, and ultimately, protect your wealth.Are you tired of just getting by? Yearning for financial liberation and the freedom to lead a life filled with purpose, presence, and peace? Then this episode is your ticket to the inner circle of affluent entrepreneurs.So, fire up your ambition and listen to the entire episode, because your financial renaissance begins now!IN TODAY’S EPISODE, I DISCUSS:The four stages of financial liberation – how to escalate from stability to financial freedom with tangible goalsThe four unshakeable financial principles that will be the cornerstone of your wealth in 2024The priceless insight into turning the tables on the economy, becoming a thermostat rather than a thermometerRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Do Money Right As a Family Getting Your Partner on the Same Money PageYour Financial Advisor May Not Be Telling You the Truth! What to Do Now to Lower Taxes Before Year End RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Do Money Right as a Family: https://youtu.be/vZqfINfPNoo Getting Your Partner on the Same Money Page: https://youtu.be/BaAW-JswkXQYour Financial Advisor May Not Be Telling You the Truth!: https://youtu.be/1FDZfejefQ8 What to Do Now to Lower Taxes Before Year End: https://youtu.be/SPuxc6OhPn8 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9):&
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Feb 14, 2024 • 25min

The 25 Top Money Books I've Read (What I Learned)

Ready to enrich your financial knowledge with the top money books that have the power to change your money mindset? In this episode, I take you through the key books that have shaped my personal financial journey and that of my clients. From investment principles to mindset and psychology of money, I share the impactful takeaways from the 25 top money books I've read. Get ready to transform your relationship with money and gain valuable insights into wealth building, financial freedom, and the behavioral psychology behind financial decisions. Ready to build your own money machine and achieve financial liberation? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS:The principles of value investing and the importance of patience and disciplineThe concept of automating your financial life to build wealth effortlessly Key mindset and psychology principles that shape financial habits and attitudesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Machine for Financial Freedom Generate & Scale Your Income to Build Wealth Faster7 Money Excuses That'll Keep You Broke! My Money Planning Process to Achieve Your Goals RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Create a Money Machine for Financial Freedom: https://youtu.be/ZXK7bnqrqcw Generate and Scale Your Income: https://youtu.be/HMYpvK6NaNA 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/

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