

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

Aug 6, 2022 • 15min
082 The Gift in Cancer...And How it Changed Things
The Gift in Cancer...That is an odd statement for sure. But the reality is that the lessons that came from my cancer journey were huge and completely shifted my perspective and my life. It allowed me to see the need to be financially free and to be able to live a "get to" life vs a "have to" life.We are all given a limited number of slices of life to live...the question are you living them fully and are you building something your future self would be proud of.I hope this gives you a better insight into what is driving me today, why I am so passionate about life and helping you become financially free.And maybe it will shine a light on the path you need to be on to live your "get to" life!To register for my upcoming EXCLUSIVE LIVE Training The Affluent Entrepreneur LIVE go to AffluenceLive.com

Aug 4, 2022 • 41min
081 Build Wealth & Live a Rich Life at Any Age (My son's journey)
This is a very special episode because I am for the first time talking to my son about his financial journey. But we've never really spoke deeply about what it was like for him to be raised under my wing.Jeremy talks about how he approached money, wealth and business...and life. Jeremy and his wife Kamie are 32 and 30 years old with 3 homes and a multi million dollar net worth.At 14 years old he started doing business and seeing that he cold make money and that it would be the key to financial freedom. The two of them also take a month off to live in a foreign country and experience life.Jeremy and Kamie are an example of what is possible when you have the right priorities, processes, principles and pathway. It isn't about age or stage in life but rather the approach you take to it all.What You'll Get In This Episode:- At 15 realizing that making money was a path to options in life. - Why tension around money and savings is important to your financial future.- The importance of habits that drive wealth are to create wealth.- What are the points of control that lead to a richer life.- How to integrate experiences into finances.- Why boring is the best path to wealth.

Aug 1, 2022 • 30min
080 The Stock Market is CRAZY ... With Opportunity
I don’t need to tell you that we are having some big shifts in the economy, prices, the stock market, and anything having to do with your money.I get it, changes are part of life. You can’t avoid or fully anticipate them but you definitely can prepare for them. Every choice you make comes with a risk, and your capacity to take on that risk will depend on how well-informed you are. To put it simply, the more you know about things, the more you can control their outcome.When the market is unpredictable and volatile, you will most likely see changes coming your financial way. It will hit your retirement, your savings, and your everyday living. That’s why understanding how the market is shifting is such an important part of The Affluence Blueprint and for an Affluent Entrepreneur like you.Once you understand how your environment is operating, you can determine whether or not an investment opportunity is good or bad for your portfolio.In this episode, I’m talking about some of these changes and how important it is to see the big picture to understand how to face them. What we’re experiencing right now is the type of situation that could become an opportunity for some, you just need to learn to put on your long-term-lens and be patient. Today our conversation includes:How to face the changing market we’re living in.Steps to take into consideration when facing changes in the market.The importance of being informed when making financial decisions.Resources used:Ep 70: How to avoid risk in investing.Ready to set an unshakeable financial foundation?Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com Connect with me:Website: MelAbraham.comSubmit Your Questions: AskMelNow.com YouTube: 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/

Jul 30, 2022 • 16min
079 How Did I Get Here...Doing What I'm Doing
How Did I Get Here...Doing What I'm DoingI get asked this question a ton. The reality is none of it was really planned or intentional but somehow I found my path to my calling and you can too.In this episode I give you a glimpse into one of the core pivot points in my journey to where I am and finding path to financial freedom. It is truly amazing where some of our greatest lessons come from. In my case it was at the hands of of a 6-year old boy.I hope this helps you understand what drives me and what is truly important. I'd love to hear from you.To register for my upcoming EXCLUSIVE LIVE Training The Affluent Entrepreneur LIVE go to AffluenceLive.com

Jul 28, 2022 • 59min
078 Finding Richness in Your Story & Your Life With Jude Charles
This is a must listen, must watch if you want to live a richer life.My good friend and special guest, Jude Charles is the youngest of 10 children of a Haitian immigrant family. His story is a story of belief, commitment, burnout and rebirth to a life that is full of richness, impact and meaning.You will see that Jude does things very different from most. He is a successful film producer where is focuses on bring heart-enter entrepreneur’s stories to life for the world not just to see but to feel.His special brand of work is about making a life of “dramatic demonstration” and allowing your audiences to feel you through the story. This has been the key to generating millions for his clients through a deeper connection with their customers.But it wasn’t all a rosy ride. Jude and I talk about the day he woke and literally couldn’t move because of burnout.The fact is most entrepreneur get this wrong and end up as a Treadmill Entrepreneur which leads to burnout, breakdown and ruin. We talk through how he came through it and how he lives his life in a much richer way today because of it.This episode is full of gold that can move you from Treadmill Entrepreneur to Affluent Entrepreneur.Enjoy!What You'll Get In This Episode:- How much is enough and what does it mean- How the belief of a single person can change the trajectory of your whole life- What happens when you operate your business and money out of fear- How boundaries are one of the keys to living your rich lifeJude Charles Resources:- Website - judecharles.co- Book (Dramatic Demonstration) https://judecharles.co/book - Instagram - judecharlesResources mentioned: Ep 51: A framework for financial independenceReady to set a solid financial foundation?Join the 7 Day Money Plan Workshop by clicking hereConnect 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/

Jul 25, 2022 • 36min
077 Millionaire Money Habits That Matter
It’s been said many times that our habits create our life, which is why we need to have positive habits if we want to achieve positive results for our future. But our habits can also lead us down a different road and create negative results. The impact of habits is true in every area, especially when it comes to money and protecting our financial freedom. If we want to, we all have the capacity to change our lives. Doing better –thus being better– goes beyond our words, it comes down to our will. We need to be willing to put in the work and the time to BE better, and that's where our habits become crucial: they define what we do and how we do it. Changing our habits, however, is not an easy task. That’s why in this episode I'm sharing the six steps you can take to start changing your habits in a positive way that will lead you to financial freedom. Once there, I want to give you 15 habits that every millionaire has that have helped them achieve that financial freedom.Today our conversation includes:Benefits of developing good habits.A six-step framework to building a habit.15 habits that millionaires do that are worth having.Resources used: Ep 040: Getting Out of Debt The Affluence Way Ep 024: What To Do With Your CashReady to set an unshakeable financial foundation?Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com Connect with me:Website: MelAbraham.comSubmit Your Questions: AskMelNow.com YouTube: 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/

Jul 21, 2022 • 57min
076 How Money Can Strengthen Your Marriage With Corinne Acampora
How to talk about money with your spouse can be a challenge to say the least and often ends up in fights. Let's face it the #2 cause of divorces is money.But it doesn't need to be that way. My guest (Corinne Acampora) reached out to me in a DM after listening and following the show to tell me how it completely changed her and her husband's money conversations. Instead of creating divisiveness or stress, it brought them closer and deepen their connection to their purpose and vision for their lives together.We have an exciting conversation about their journey and what you can do to bring the same into your life. In fact, it has inspired them after 20 years together to book a second honeymoon.What You'll Get In This Episode:- How they found the way to navigate to a life of richness - How to come together on money after 20 years of being on the sidelines- Juggling business, job and kids while keeping the relationship strong- Creating a life of affluence based on value and values

Jul 18, 2022 • 26min
075 How to Avoid Risk in Investing
Too often we focus primarily on the return we can make when looking at investments. I know I did that many times but investments and any transaction for that matter can’t be made solely on the possible returns you may get.Here’s why…The return of an investment or your portfolio ALWAYS needs to be made in the context of the risk you are willing to accept to make the investment. When we ignore the related risks we stand to get hurt financially by making decisions that are far riskier than we might have planned or imagined.Every choice that we make comes with a risk, and our capacity for risk is not constant -- it changes over time and it’s affected by our unique circumstances. That’s why we need to understand how to avoid taking unnecessary risks.In this episode, I break down the components of risk and what you need to specifically consider for your investments and your portfolio. You’ll learn about three pillars that are important when evaluating your risk capacity, and how you can make decisions when looking for safe and smart investments.The goal is to achieve financial freedom without jeopardizing your future and your family in the process. That’s why learning to evaluate risk is so important, and that’s what I want you to take out of this episode.Today our conversation includes:What is The Risk Profiling Triad™? How to define your target so you know specifically what your goal is as well as when do you want to get there? The difference between asset allocation and asset diversification and why it matters.Resources mentioned: Ep 51: A framework for financial independenceReady to set a solid financial foundation?Join the 7 Day Money Plan Workshop by clicking hereConnect 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/

Jul 14, 2022 • 1h 6min
074 From Struggling to $1.5 million
What does it take to go from struggling to clothe your children to a million, half dollar business? Well, in this episode, the Affluent Entrepreneur Show, we're gonna have a conversation. With a friend Josh codes, we're gonna have a conversation because this guy, his story is incredible. He was struggling financially. He had a newborn that needed heart surgery and the ahas, the enlightening moments and the journey to wealth, the journey to entrepreneurship and how he did is in this show. So I look forward to seeing you in the episode, check it out. This one's a big one. Cheers!What You'll Get In This Episode:- Why working harder isn't the answer to a richer life. - Why every decision is an investment- How to face your demons- Breaking the cycle of bad money habits

Jul 11, 2022 • 29min
073 This Will Change Your Life (Are You New Here?)
If you’re new here, it’s a pleasure to meet you! My name is Mel Abraham, and I want to help you change your life, to create a future that you can be proud of, and have the freedom to spend time with the ones you love. I'm here to help you navigate the sea of financial uncertainty and help get the calm that you need to find peace. Starting the journey towards financial freedom is not easy. There are obstacles that you will face, conversations that you’ll need to have with your family about money, and where you all want to go to achieve the financial freedom that you deserve. I'm here to help you realize that we don't want wealth just for the sake of it, but we want the time that wealth can give us because what makes us rich is not the money that we have in our accounts, it is the positive impact we have with the people around us. Today our conversation includes:What is the reason for my podcast? Why is financial freedom so important? The best episodes to get you started in this affluence journey.What does it mean to be affluent?Episodes to get you started: Ep 8: Understanding The Number For Wealth CreationEp 19: Creating Your Money MachineEp 24: What To Do With Your CashEp 25: How To Invest In Index Funds Or ETFsEp 40: Getting Out Of Debt The Affluent WayReady to set a solid financial foundation?Join the 7 Day Money Plan Workshop by clicking hereConnect 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/


