Building Your Money Machine

Mel H Abraham, CPA, CVA, ASA
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Feb 13, 2023 • 44min

How to Change Habits to Live a Rich Life

For sure, financial freedom is a top priority for all of us. And, who wouldn't want that peace of mind and security that comes with having control of their finances? But the thing is, it's not just about having a high income or a big bank account. It's about having the right habits.That's why I've developed my own framework that helps you make the switch from the habits that are holding you back to the ones that will propel you forward. By taking action and changing your habits, you'll be on your way to achieving financial freedom and the peace of mind that comes with it. Trust me, this episode is packed with practical advice and actionable steps that will help you make the change. So, don't wait any longer, seize this opportunity and take the first step toward your financial freedom!IN TODAY’S EPISODE, I DISCUSS: The change motivators that will help you take actionThe steps you can make to stick to habits that'll bring you financial freedomSix habits to quit & six habits to embrace for financial successRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Wealth Habits That Make a DifferenceControl Your Time to Live a Rich Life Breaking Through Your Money Mindset BlocksGoal Setting Doesn't Work...Do This Instead!SUBMIT YOUR QUESTIONS FOR FUTURE EPISODES: www.askMelnow.comTAKE 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/@melhabraham\GET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Feb 6, 2023 • 44min

Wealth Habits That Make a Difference

How do your daily behaviors, choices, and habits impact your financial future? More importantly, what are the essential habits to cultivate if you want to create wealth?I’m going to answer these key questions in today’s episode and go even further. I’ve always found that building wealth is like building anything else in life - if you adopt strong habits, those habits become the norm. They become second nature. Understanding and learning the key wealth habits of successful entrepreneurs is a good starting point. These habits will help you build a solid foundation for your wealth, enabling you to create a lifestyle that is both meaningful and financially secure.It's time to take control of your financial destiny, and this episode is the perfect place to start!IN TODAY’S EPISODE, I DISCUSS: The seven wealth habits that will help you build your financial futureThe four wealth drivers matrix and how each of them impacts your overall wealthWhen is the right time to investRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Creating Wealth & Freedom Through Acquisitions Getting Out of Debt The Affluence WayOvercome Your Money StoriesBreaking Through Your Money Mindset BlocksSUBMIT YOUR QUESTIONS FOR FUTURE EPISODES: www.askMelnow.comTAKE 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/@melhabraham\GET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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Jan 30, 2023 • 59min

Control Your Time to Live a Rich Life ft. Megan Sumrell

How do you measure wealth? If you ask most people, they’ll tell you that they measure it by what’s available in your bank account. However, I actually believe that you measure your wealth in time. Then, when you do that, you start to look at the dollars differently.Here’s what I know, no matter how much money you have in your accounts, if you aren’t in control of your time, it is a poor existence because you’re beholden to someone or something else out of your control.My guest today, Megan Sumrell, is going to be a must-listen as you’re trying to create your affluent life because there’s more in common than you think between time and money management: they’re both limited and a result of our behaviors and choices. Megan, like most of us, reached a point in her life where she realized that trying to juggle multiple roles was not sustainable if she wanted to build a truly rich and fulfilling life. That’s when she decided to do things differently and found that a thriving life came from harmony, not from trying to find balance. Get ready to be equipped to take control of your time so you can continue taking control of your future. When you start controlling these two resources of time and money and use them in the present to create movements and missions that align with your purpose, you will find that you’re living the richest life possible.IN TODAY’S EPISODE WE DISCUSS…The correlation between time and money and how they’re key as you build your affluent lifeMegan’s TOP Framework for time management, organization, and productivityWhy you need to have a big-picture vision before determining your daily actionsStrategies you can start implementing today to take control of your time and maximize how you use itHow to navigate feelings of guilt as you start allocating time to new prioritiesHow to plan for uncertainty and volatilityCONNECT WITH MEGAN:Megan’s app: ThePinkBeeWebsite: www.megansumrell.comMegan’s podcast: www.megansumrell.com/podcast SUBMIT YOUR QUESTIONS FOR FUTURE EPISODES: www.askMelnow.comTAKE THE FINANCIAL FREEDOM QUIZTake this free assessment 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/
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Jan 23, 2023 • 25min

How to Live a Life That Matters

What does it actually mean to truly live a life that matters? As much as I always speak about money, wealth, and business, living a life that matters is about the richness of your days. It’s about meaning, impact, and living life on your terms.We need to examine ourselves and our minds, and get clear about what we really want out of life. Spending time with your thoughts will help you take intentional action toward the goals that are relevant to you.So today, I want to help you conduct that self-exam by following a framework that will reveal who you are, what you have to offer, and the steps you need to take to get closer to your unique vision of significance.Once you have that clarity, you will start making choices today so you can get closer to the life you envision for tomorrow. You can start living a life that matters right now, so I can’t wait to share this framework with you!IN TODAY’S EPISODE I DISCUSS…My 5-step framework to help you create your own definition of meaning in lifeThe importance of not only knowing who you are and your gifts, but also accepting and nurturing them How to learn to look at what’s possible beyond what’s your reality Why you need to focus on believing the right things in order to take the right actions SUBMIT YOUR QUESTIONS FOR FUTURE EPISODES: www.askMelnow.comTAKE THE FINANCIAL FREEDOM QUIZTake this free assessment 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/
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Jan 16, 2023 • 36min

What to Do Differently With Money to Win TODAY

With the start of a new year, I see that the majority of my listeners have the resolution of doing things differently to win the money game. Today I want to give you the tools and tactics you need to change your money story this year for the rest of your life.Yes, there’s volatility around us. News about the economy may make you feel a sense of doom for your financial future. The good news is that this situation has created an opportunity to learn to place our focus, not on the external circumstances, but on the things we can really control: our actions, habits, thoughts, and patterns.So, as much as the world around you wants to make you think that taking control of your finances is complicated, if not impossible under the current circumstances, I am here to break that myth. You have more power than you realize.Remember that wealth depends more on behavior than on money. It depends on your habits, your decisions, and your choices. Let’s make sure that you write a different money story this year by implementing the right tactics and behaviors.IN TODAY’S EPISODE I DISCUSS…The best 12 tactics you can implement TODAY to start moving towards a trajectory of financial freedom.SUBMIT YOUR QUESTIONS FOR FUTURE EPISODES: www.askMelnow.comTAKE THE FINANCIAL LIBERATION ASSESSMENTTake this free assessment 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/
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Jan 9, 2023 • 27min

Using Trusts To Protect Your Wealth

Like most of my elite clients, you’re probably on a journey to building generational wealth because you want to make an impact on those around you: your family, your community, and the causes you care about.Today I’m talking about some wills, trusts, and other resources you can put in place to protect your wealth and legacy against potential lawsuits, fees, and even taxes after you’re gone.As uncomfortable as these conversations can be since they involve the idea of dying, they’re a priority that you shouldn’t postpone. In the end, it’s going to be less painful to have them now than to have your family deal with these questions after.Understanding and learning to handle them is an act of love, of protection, of making it easier for everyone around you. I want your legacy to live well beyond your years. I want to see you strive to live a life that outlives you.Disclaimer: This podcast is for educational purposes only and doesn’t constitute financial advice. Please reach out to a financial and legal advisor based on your location, your circumstances, and your assets in the country you live in.IN TODAY’S EPISODE I DISCUSS:The difference between a will and a trust and the importance of each oneParties of a will: executor, guardian, and beneficiariesThe two types of trusts: revocable and irrevocableParties of a trust: grantor, trustee, and beneficiaryThe yearly refresh you need to do with your documentsTAKE THE FINANCIAL LIBERATION ASSESSMENT:Take this free assessment 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/
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Jan 2, 2023 • 52min

Creating Wealth & Freedom Through Acquisitions ft. Nick Bradley

When it comes to business growth, the possibilities are nearly endless. However, figuring out the best way to do it, to get more clients, or even how to start a business from scratch, can seem like daunting tasks.Instead of starting from scratch, there’s another option where you can take over another business, already successful, and let that business pay for the purchase price. That’s what my dear friend, Nick Bradley, is here to discuss with us today.You can step in and start growing a business that’s already generating cash flow and expand it, instead of establishing it from ground zero. Today, Nick will help you start looking at the world of business differently. He has a background in private equity and has made his life’s mission helping entrepreneurs be prepared to go into the private equity and financing world successfully and fully equipped so they too can enjoy full-time financial freedom.IN TODAY’S EPISODE I DISCUSS:The best steps to take if you’re just starting your entrepreneurial journey or if you’ve plateaued in your businessWhy building your wealth can create more opportunities, not only for you but for other communities around youThe importance of your beliefs in changing your trajectory and defining your results The biggest stumbling blocks we need to get past as entrepreneurs How to access acquisition opportunities to grow an existing business How to buy a business even if you don’t have the funds upfrontCONNECT WITH NICK:Website: https://suyb.global/ Podcast: https://apple.co/3CaqPdT Email: nick@fielding.global TAKE THE FINANCIAL LIBERATION ASSESSMENT:Take this free assessment 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:Ep 116 Breaking Through Your Money Mindset Blocks: https://apple.co/3G36Mip 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/
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Dec 26, 2022 • 57min

Breaking Through Your Money Mindset Blocks

Most money blocks are the result of poorly told stories going on in our heads, stories that hold us back from generating the wealth that we deserve and from fulfilling our birthright: financial freedom.If this is you, I have good news! The problem is that most of these stories came from lessons in your life that were caught, not taught. So now you’re navigating from a money setpoint that was created unconsciously by default and observation.It’s time to take action, to stop ignoring your mindset blocks. If you don't deal with what’s happening in your head, you won't be able to deal with what’s happening in your bank account.Changing your money story will allow you to shift your behavior, which will in turn change your ability to create wealth. If you are ready to receive more support with eliminating your mindset blocks so you can experience a richer lifestyle, deeper impact, and the complete freedom that you deserve, visit www.affluencelive.com and join the waitlist to experience this transformational experience.IN TODAY’S EPISODE I DISCUSS: Understanding how our beliefs around money are created My four-part framework on how to change your habits around money and shift your financial future foreverHow to separate the facts from the interpretation of those facts so you can change your mind around the situations in your lifeHow to get rid of the money demons haunting youTAKE THE FINANCIAL LIBERATION ASSESSMENTTake this free assessment 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/@melhabrahamCHECK OUT MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/
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Dec 19, 2022 • 43min

Goal Setting Doesn't Work...Do This Instead!

With the new year quickly approaching, we all start thinking about our goals, dreams, and resolutions. But when we look at the numbers, we see that most people that set New Year’s Resolutions don’t accomplish them. What’s even more surprising, almost no one gets to even write down their goals and make a plan to achieve them.As you’ve heard me say before, goal setting doesn't matter unless you have a system, a process, and a framework for actual goal getting. So today, I’m giving you my framework so you can take those dreams out of your mind and actually make them a reality.Instead of becoming another statistical point, I want you to have a different story next year. You deserve to not only go after a goal but enjoy the journey to get there. You deserve to have a clear plan to be part of the 10% that actually reaches their goals. You too can experience true richness in life.In case doubt has been knocking on your door this year, I want to remind you that your dreams are worth it, your future is worth it. You’ve got this, I hope you enjoy this episode!IN TODAY’S EPISODE I DISCUSS: My Goal Getting Triad to set and achieve goalsHow to move beyond setting your goals and actually make progress towards themThe difference between being content and settling and why it mattersWhy you need to set micro successes to build progress and momentumTAKE THE FINANCIAL LIBERATION ASSESSMENTTake this free assessment 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.comOTHER 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/@melhabrahamCHECK OUT MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/
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Dec 12, 2022 • 40min

Top Tax Moves to Make Before 2023

It’s that time of the year again: taxes are around the corner, and as a proactive entrepreneur, it’s time to get ahead of the game before the end of the year so you reduce your taxes as low as possible, in the most legal way possible, so you can maximize how much of your earnings will remain in your pocket in 2023.Let’s face it, taxes can be one of the largest expenses…but it doesn’t mean there aren’t ways to keep more money in your pocket.In this episode, I'm going particularly deep and technical because I want to walk you through some of the key strategies that you need to start implementing now.As always, my goal is to help you understand these complex financial concepts so you can apply the secrets that millionaires are already using year after year to maximize their profits come tax season, and grow your wealth at a faster rate.I want you to make this a priority before December 31st. You deserve to plan ahead for your financial freedom, protect your wealth, and safeguard your financial future. Disclaimer: I am not your accountant or your financial advisor. Since you’re not my client, this episode is for educational purposes only. Take this information and sit with your professional advisor and walk through it with them so you can make the right moves.IN TODAY’S EPISODE I DISCUSS: The importance of auditing your income as a starting point to maximize your tax deductions10 strategies to implement before the end of the year so you can keep more money in your pocketbook legally Why utilizing the tax rules to your favor is not illegal immoral, or unethical when done rightTAKE THE FINANCIAL LIBERATION ASSESSMENTTake this free assessment 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.comOTHER 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/@melhabrahamCHECK OUT MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/

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