Building Your Money Machine

You hold the power to shape your future, to redefine it in any way you choose. And I'm thrilled to introduce you to a woman whose inspiring journey shows just how transformative that power can be–Lori Horder.Lori's story is a testament to the power of resilience and determination. Growing up in a small town and in a restrictive religion, her perception of what life had to offer was limited. But instead of accepting that narrow view, she went on a journey of self-discovery and reinvention.Of course, it wasn't easy. She faced setbacks and challenges along the way, including losing everything and having to rebuild with her husband. But she never gave up and instead found new opportunities and paths to success. Today, she is the CEO and founder of a successful beverage company and a respected author and podcaster.Allow Lori's incredible story to stir something within you and inspire you to take that crucial first step toward your own path of transformation.IN TODAY’S EPISODE, I DISCUSS: How Lori redefined her futureThe role of mindset in pushing past fear and finding fulfillmentComing back from financial disasterHow to change your environment to change your lifeCONNECT WITH LORI:Learn more about Lori: loriharder.comSubscribe to her podcast: Earn Your HappyRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Live a Life That MattersGive Your Money a PurposeFinding Richness in Your Story & Your Life With Jude CharlesHow Are You, Really? with Jenna KutcherTAKE 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

If you're looking to build a secure financial future, then you need to know your numbers. I'm not talking about just your bank account balance or your credit score; I'm talking about your entire financial picture. Your net worth, your retirement savings, your investment portfolio - all of these numbers matter. The road to financial freedom actually has four milestones along the way to make sure you are on path. And when navigating to financial freedom, everyone must pass through these milestones. Do you know where you are? The other thing to realize is that our retirement system is broken, and this episode shows you why and what you need to do instead to take control of your financial destiny for good.That’s why in this episode, I’m going to show you why understanding your financial numbers is vital, how to calculate them, and how you can use them to create a plan for your future. But it's not all about numbers and statistics. I'll also discuss the common pitfalls of the current retirement system and the pathway to financial liberation. By the end of this episode, you'll have the tools and knowledge to take control of your financial future and work towards the retirement of your dreams.  So, don't wait any longer - take control of your finances today!IN TODAY’S EPISODE, I DISCUSS: The path to true financial freedomWhy our retirement system is broken and what you need to do about itUnderstanding your number and why it mattersThe stopping points on the journey to financial freedomRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Capturing the Affluence Vision For Your LifeMaking a Lot of Money Doesn't Guarantee WealthThe Steps to Financial FreedomWhy Financial Freedom Needs to be a MUST For YouTAKE 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:The Basic Affluence Number Calculator: https://www.melabraham.com/number7-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/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/

Running a successful business isn't just about having an exceptional product or service; it's a symphony of strategic planning, marketing, and financial management. It's easy to get lost in the weeds of operating a company, but with the right financial guidance, you can keep your business on the path to profitability.That's why I’m excited to have Michael King on this episode, a seasoned fractional CFO with a diverse background in nuclear engineering and plywood manufacturing. Michael's unique experience in different industries offers a fresh perspective on the importance of financial management and how it can be applied to any business. From cash flow management to financial reporting, Michael knows how to navigate the financial complexities of running a successful business.You don't want to be left behind in the race for profits and wealth, do you? So, join us on this episode as Michael King shares his insights on how a CFO can transform your business and your financial future. Trust me, you'll learn a lot. IN TODAY’S EPISODE, I DISCUSS: How CFO consulting can help you make better business decisionsThe importance of finding a fractional CFO with industry-specific experienceThe skills you need to be a successful CFO consultantCONNECT WITH MICHAEL:Visit his website: www.kfesolutions.com/aboutKnow more about Michael: www.linkedin.com/in/iammichaelkingJoin 200 other virtual and fractional CFOs on May 16-18, 2023: The CFO Accelerator LIVE (Use the promo code ‘MEL’ to get $50 off)RECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Differently With Money to Win TODAYYour Financial Advisor May Not Be Telling You the Truth!What to Do When Your Financial World is Crumbling with Brandi MowlesDo This Now In Case of a RecessionTAKE 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/

Stop chasing wealth! Go after affluence instead…So often, we equate affluence with opulence and material wealth, but in reality, that's only one small piece of the puzzle.Instead, affluence is about creating a life that is meaningful and fulfilling from the inside out. It's about identifying the things that bring you joy and purpose and weaving them into the fabric of your daily existence.Sure, there are some things we have to do in life that aren't particularly enjoyable, but when it comes to the things we choose to put into our lives, are they truly meaningful? Do they spark a feeling of joy that radiates from the inside out?This is the crux of The Affluent Life Paradigm™, and in this episode, I’m going to break it down for you. I’ll be discussing the four key elements of an affluent life, and you might be surprised to learn that only one of them has to do with material wealth.So sit back and get ready to take some notes. We're about to embark on a journey of self-discovery and intentional living that will lead you to the affluent life you deserve.IN TODAY’S EPISODE, I DISCUSS: The Affluent Life Paradigm™ frameworkUnderstanding the four key elements of an affluent lifeThe need to prioritize meaningful experiences over material possessionsHow to sustain an affluent life over the long-termRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Live A Fully Expressed Life With Rachel Luna  The Keys to Living a Rich & Wealthy Life With Chris HarderGive Your Money a PurposeHow Are You, Really? with Jenna KutcherTAKE 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/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/

I recently had a fantastic conversation with my friend Rachel Luna, and it's one that I can't wait to share with you all. This conversation was deep, meaningful, and inspiring. It's the kind of conversation that will make you think and really consider whether you're living a life that's fully expressed.I am always talking about the importance of living a rich life versus a wealthy life. Part of living richly is your ability to live a life fully expressed. Unfortunately, we may be shrinking instead of growing in that arena if we aren’t careful. Rachel and hit on this and so much more that can lead to richness in your life.Rachel is the author of the book, Permission to Offend, and is a true inspiration when it comes to living authentically and with purpose. We delved deep into the different components that make up a fully expressed life, including how to navigate challenging experiences like our personal journeys with cancer. Rachel's wisdom and experience are truly inspiring, and I guarantee you'll walk away with a new perspective on life.IN TODAY’S EPISODE, I DISCUSS: Making money vs. finding fulfilmentThe impact of our personal experiences, such as cancer, on our beliefs and perspectivesReflection and self-discovery as keys to living fully expressedCONNECT WITH RACHEL:Visit her website: rachelluna.comListen to her podcast: Permission to OffendPre-order her book: Permission to OffendRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Control Your Time to Live a Rich Life ft. Megan SumrellThe Keys to Living a Rich & Wealthy Life With Chris HarderGive Your Money a PurposeHow Are You, Really? with Jenna KutcherTAKE 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/

 We're diving into a topic that might not be the most exciting, but it's definitely something we can't ignore: taxes. It's easy to feel overwhelmed by the tax process, but understanding a few key things can help ease that stress and even save you money.In this episode, I’m gonna give you the lowdown on some tax basics. I'll talk about how the tax system works and what you need to know to make sure you're not leaving any money on the table. I'll also dive into what kinds of things you need to account for, like income, property, and other sneaky taxable items.So, get ready to learn some valuable tips that will help you keep more of your hard-earned money in your pocket. Trust me, this is one topic you don't want to overlook!IN TODAY’S EPISODE, I DISCUSS: The basics of how taxes work & using it to your benefitThe difference between a deduction and a tax creditKey moves to consider before the tax filing time IRS Code Section 179: How does it work?Retirement plans - How maximize them before filingOther strategies for reducing the tax burdenThe benefits of working with a tax professionalRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What everyone needs to know about crypto taxesHow one client saved $24k on their taxes by becoming an S CorporationHow Entrepreneurs Really Build Wealth!Should You Convert Your IRA to a Roth IRA?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/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/

Are you investing in cryptocurrency? Do you know that you may be subject to taxes on your investments?  Join me in this episode as I dive deep into the topic of crypto taxes. From capital gains to income taxes, I’ll cover the different types of taxes you need to know about. Plus, I’ll provide you with useful tips on how to properly report your crypto earnings to the IRS.Whether you're a crypto pro or just dipping your toes into the digital asset world, this episode is a must-listen to ensure you're on top of your tax game. Don't miss out on this valuable information – tune in now!IN TODAY’S EPISODE, I DISCUSS: Taxable and non-taxable crypto transactionsUnderstanding capital gains in cryptoThe importance of third-party software for crypto taxesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Do this before you file your 2022 tax return...How one client saved $24k on their taxes by becoming an S CorporationHow Entrepreneurs Really Build Wealth!Should You Convert Your IRA to a Roth IRA?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/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/

 It's time for another exciting episode of Money Mentoring Over Coffee, where we get down to the nitty-gritty of all things finance and provide you with expert advice. We've got interesting questions pouring in through our hotline at AskMelNow.com, and we're ready to tackle them all. Get ready for a no-holds-barred conversation about financial security, emergency funds, and so much more. This episode is all about making sure you’re properly equipped to handle your money and stay on top of the financial game.Whether you're just starting out on your financial journey or you're a seasoned pro, there's always something new to learn when it comes to personal finance. So, sit back, relax, and let's dive in!If you've got questions of your own, make sure to hit me up on my question hotline at AskMelNow.com.IN TODAY’S EPISODE, I DISCUSS: Should I pay off my credit card with a HELOC?Investing in private lending with a personal guaranteeDivorce and money issues can haunt youIs doing a franchise a good idea for investing?The importance of communication when it comes to moneyWhere should I be putting my emergency fund?Buying a house with roommatesIs it better to save for retirement or a house?My thoughts on student loansAnd so much more…RECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Building Wealth in a RecessionCreating a Wealth Mindset For Success ft. Brad BizjackCreating Wealth & Freedom Through Acquisitions ft. Nick BradleyYour Financial Advisor May Not Be Telling You the Truth!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 Grouphttps://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/

As an entrepreneur, you have the opportunity to structure your business in a way that makes the most sense for you. But with so many options available, it can be difficult to know which one is right for your specific situation. Should you be an LLC, a sole proprietorship, or an S Corporation? Well, it depends on your situation and in this episode I'll break it all down for you.I'll walk you through the math and give you a worksheet to help you see if S Corporation is right for your business. So if you're looking to cut down on your tax bill or just want to improve your overall tax strategy, you're in the right place. Hit that play button, and let's dive right in!IN TODAY’S EPISODE, I DISCUSS: The different types of business entitiesImportance of having a good tax strategy for your businessThe best time to switch to an S CorporationRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Go from Job to Entrepreneur with Amy PorterfieldHow Entrepreneurs Really Build Wealth!Your Business Is a Bad Wealth PlanShould You Convert Your IRA to a Roth IRA?RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Go from Job to Entrepreneur with Amy Porterfieldhttps://youtu.be/YfmxJ3Za_acHow Entrepreneurs Really Build Wealth!https://youtu.be/u-TFVlM5ufYYour Business Is a Bad Wealth Planhttps://youtu.be/hGrNLWKK8doShould You Convert Your IRA to a Roth IRA?https://youtu.be/IWKQnPaXofwTAKE 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/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/

Are you tired of the daily 9-5 grind and ready to call the shots as your own boss? If so, buckle up because today's episode is one you won't want to miss!Join me as I delve into a fascinating conversation with my friend, Amy Porterfield, about her upcoming book, Two Weeks Notice, which offers advice for anyone considering making the leap from corporate life to entrepreneurship. Amy will take us on a journey through her experiences and the lessons she learned along the way, giving us a behind-the-scenes look at what it takes to become your own boss.Amy is a leading expert in online marketing, who has successfully built a multi-million-dollar digital course business. She is passionate about empowering new entrepreneurs to take control of their finances and turn their knowledge, ideas, and skills into profitable online businesses.So, if you're ready to take control of your finances and live your entrepreneurial dreams, hit play, and let's get started!IN TODAY’S EPISODE, I DISCUSS: Amy's own journey from corporate life to entrepreneurshipThe common challenges faced by those making the transitionThe importance of having a clear business planCONNECT WITH AMY:Visit her website: www.amyporterfield.comListen to her podcast: amy-porterfield-podcastPre-order her book and get a bunch of bonuses: Two Weeks NoticeRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Stop Your Fears From Stealing Your Financial Dreams!Why Financial Freedom Needs to be a MUST For YouHow Entrepreneurs Really Build Wealth!How to Go from Job to EntrepreneurTAKE THE FINANCIAL FREEDOM QUIZTake 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/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook 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/