

Building Your Money Machine
Mel H Abraham, CPA, CVA, ASA
Welcome to 'Building Your Money Machine, hosted by Mel Abraham, CPA, a renowned financial expert and author of USA Today Bestseller, 'Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!.' On this podcast, Mel shares his insights and experiences from over 30 years in the field of wealth-building, entrepreneurship and mentorship to financial freedom. Each episode provides actionable strategies to master your money, remove financial stress, and live a life by choice, not chance. Whether you work for a company, are a seasoned entrepreneur or someone just starting out on your financial journey, this podcast offers the tools, actionable frameworks and knowledge you need to create your own money machine and secure your financial future. Tune in weekly for expert advice, inspiring guest interviews, and the practical wisdom that will help you take control of your financial destiny. Subscribe now and start building the life you’ve always dreamed of.
Episodes
Mentioned books

Apr 15, 2024 • 45min
How To Turn Your Skills into a Profitable Product Business w/ Jacqueline Snyder
Looking to monetize beyond services? Let's unlock prosperity with products! Join entrepreneur Jacqueline Snyder as we explore creating physical products aligned with your strengths and customer needs. From workbooks to branded merchandise, discover how to boost your brand's income potential. Ready to dive into the world of products?IN TODAY’S EPISODE, I DISCUSS: -The critical steps to identifying what your clients truly need and how to enhance their experience-Differentiation strategies to find and own your niche-Jacqueline's personal journey from fashion mogul to product guruCONNECT WITH JACQUELINE SNYDER:Get to know more about Jacqueline Snyder: https://www.theproductboss.com/ RECOMMENDED 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 MatterRECOMMENDED 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 PRE-ORDER MY NEW 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.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/@melhabraham

Apr 11, 2024 • 21min
Why Everyone Is Broke (In A Rich Country)
Feeling financially strained in a wealthy nation? It's not just about income; it's how you manage it! In this episode, I explore why many struggle despite decent earnings. From paycheck-to-paycheck living to debt acceptance and chasing excess, I delve into cultural and psychological factors fueling financial woes. Tune in to understand common pitfalls thinning our wallets.IN TODAY’S EPISODE, I DISCUSS: The psychological beliefs about money that lead to financial hardshipThe critical difference between income and money managementHow societal norms and behaviors encourage financial struggle and debt accumulationRECOMMENDED 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!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 PRE-ORDER MY NEW 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.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/@melhabraham

Apr 8, 2024 • 1h 4min
How Poverty Was the Stepping Stone to Success & Service - Gabriel Sanchez
Embark on an inspiring journey with Gabriel Sanchez, who transformed adversity into purpose. From poverty to success, his story resonates with personal growth and giving back. Discover his path from street vendor to president of a mental wellness company. Learn how he overcame obstacles to make a difference, particularly in underprivileged areas of Chiapas, Mexico. Tune in to explore how challenges can lead to a life of service and meaning.IN TODAY’S EPISODE, I DISCUSS: Gabriel's transformative choice to leave a prosperous legal career for a purpose-driven life.-Real-life stories of overcoming barriers and the significant impact of educational support programs.RECOMMENDED 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) 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 PRE-ORDER MY NEW 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.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/@melhabraham

Apr 4, 2024 • 23min
[FINANCIAL ADVISOR REVEALS] How To Know You Are On Track To Be Wealthy
In this episode, Mel Abraham shares key indicators for wealth. Drawing on his financial advisory and CPA expertise, Mel dissects critical wealth-building factors. Learn prioritizing investments, understanding wealth drivers, and prioritizing liquidity. Avoid destructive debt and track financial progress. Gain insights into wealthy mindset and strategies for financial liberation. IN TODAY’S EPISODE, I DISCUSS: - The significance of internal evaluation over external comparisons- Understanding and leveraging the four drivers of wealth- The importance of liquidity in achieving financial peace of mindRECOMMENDED EPISODES FOR YOU If you like 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 OffRECOMMENDED VIDEOS FOR YOU If you like 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 PRE-ORDER MY NEW 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.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/

Apr 1, 2024 • 50min
Listen To This If You Want To Live a RICH Life - Real Talk With Jimmy Rex
Ready to redefine richness beyond money? Join me and Jimmy Rex as we explore fulfillment over wealth. From vulnerability to transformative exercises, we delve into the heart of true richness. Tune in for real talk on creating a happier, purposeful life.IN TODAY’S EPISODE, I DISCUSS: -The transformative "step in the circle" exercise that initiates genuine connections-The journey of overcoming shame and guilt to embrace compassion and self-love-How our past mistakes and vulnerabilities pave the way for growth and a supportive communityCONNECT WITH JIMMY REX:Get to know more about Jimmy Rex: https://www.mrjimmyrex.com/ Get his book, You End Up Where You’re Heading: https://whereyouareheading.com/bookRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Investment Taxes…What You Need to KnowDoing Nothing with Your Money Isn't An Option!Q&A Why Taking a 401K Loan Can Destroy Your Wealth RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Investment Taxes…What You Need to Know: https://www.youtube.com/watch?v=8I2VnoVMlUo Doing Nothing with Your Money Isn't An Option! :https://youtu.be/vlM4dVTh15Q Q&A Why Taking a 401K Loan Can Destroy Your Wealth: https://youtu.be/fuasu0zN3to PRE-ORDER MY NEW 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.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.comCONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabraham

Mar 28, 2024 • 23min
Why I Prefer Being A Quiet Millionaire
Ready to explore differences between quiet and loud millionaires? I'll discuss why quiet wealth holds more value, covering financial security, lower stress, and internal values. Tune in to learn about unique qualities of quiet millionaires, their modest living, wise investments, and giving back quietly. Discover advantages of choosing a quieter path to wealth for your financial journey.IN TODAY’S EPISODE, I DISCUSS: -The benefits of living modestly and authentic living-Tactics for investing wisely and avoiding excessive spending-The value of maintaining privacy and giving back discreetlyRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Today to Pay Less Tax and Keep More MoneyQ&A - Should I Invest in a Roth or Traditional IRAHow to Actually Make Money InvestingUsing Target Date Index Funds to Build Wealth RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM Q&A - Should I Invest in a Roth or Traditional IRA: https://youtu.be/tDR79fLRG8I How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE PRE-ORDER MY NEW 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.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/@melhabraham

Mar 25, 2024 • 31min
How to Recover From Losing $1,000,000
Are you feeling knocked down by financial setbacks and ready to mount a powerful comeback? I've been in the trenches where a single ill-advised move cost me $1M—an experience that is as humbling as it is crushing.In this deeply personal episode, I open up about the emotional whirlwind of losing a fortune and the concrete steps I took to rise from the ashes and rebuild my wealth—tripling what was lost within 18 months. I'll share the critical mistakes that led to my financial downfall and the essential mindset shifts that spearheaded my recovery.Looking for a blueprint to bounce back from financial loss and build a secure future? Dive into the full episode now!IN TODAY’S EPISODE, I DISCUSS: - The emotional journey from losing $1M to reclaiming my financial destiny- The pitfalls of ignoring due diligence and the lure of high-return promises- How I modified my investment strategy and what specific rules I now followRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Actually Make Money InvestingDo THIS Every Time You Get Paid (Paycheck Routine)Why HSA Accounts Are So PowerfulCancer Was a Gift RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE Do THIS Every Time You Get Paid (Paycheck Routine): https://youtu.be/N24cCb2FgUg Q&A - Why HSA Accounts Are So Powerful: https://youtu.be/GGv6ldvCe6E Cancer Was a Gift: https://youtu.be/w2_oli9LJK8 PRE-ORDER MY NEW BOOK (Get $1300 in bonuses FREE):“Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!” – YourMoneyMachineBook.comTAKE 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:Facebook - https://www.facebook.com/melhabraham Instagram - https://www.instagram.com/melabraham9 YouTube - www.youtube.com/user/MelHAbraham Twitter - https://twitter.com/MelHAbrahamLinkedIn - https://www.linkedin.com/in/melhabraham/

Mar 21, 2024 • 25min
[FINANCIAL ADVISOR REVEALS] 8 Ways We Are Taught To Be Poor
In this episode, I delve into the harmful money mindsets and behaviors that have been ingrained in us from an early age. I discuss the traditional earnings formula that keeps us trapped in the cycle of trading time for money and offer insights into the lesser-known wealth formula that uses money to make more money. I also talk about the importance of leveraging productive debt and understanding the taxation system to maximize our financial gains.IN TODAY’S EPISODE, I DISCUSS: The harmful impact of the earnings formula on our wealth creation journeyShifting our mindset towards the wealth formula and leveraging productive debtUnderstanding the opportunities in market downturns and the importance of making investing a priorityRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Get the Right CPA & Why It Matters7 Money Excuses That'll Keep You Broke!Your Financial Advisor May Not Be Telling You the Truth!Traditional Financial Advice Doesn't Work for Entrepreneurs RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE Your Financial Advisor May Not Be Telling You the Truth!:https://youtu.be/1FDZfejefQ8 Traditional Financial Advice Doesn't Work for Entrepreneurs: https://youtu.be/Rz3gSOxSeWQ 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/

Mar 18, 2024 • 1h
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/

Mar 14, 2024 • 22min
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/


