Building Your Money Machine

Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, we're tackling a question that resonates with many: Why do so many ambitious individuals feel stuck financially despite having big dreams and a strong drive? If you're feeling like your ambition doesn’t match your bank account, this is your calling.In this episode, I delve into how to escape the financial hamster wheel and why you're not lazy; you're simply following the wrong playbook. It’s time to discover a better way to achieve the life you've always dreamed of by implementing a proven process leading to financial independence.I introduce my Freedom Framework, where each letter stands for a crucial step on the journey to financial freedom. We kick off with stabilizing your foundation and emphasize the importance of mastering routine, expanding your income, and elevating your investment strategies. Discipline is key as we progress through ownership and ultimately achieve mastery in our financial journey.Expect actionable strategies like automating savings and investing. I also touch on common pitfalls, such as relying solely on one income stream and saving without investing, that keep people from moving forward.IN TODAY’S EPISODE, I DISCUSS:Identifying the wrong financial playbooksUnderstanding and implementing the Freedom FrameworkThe significance of tracking spending and automating savings/investmentsExploring how to multiply and diversify income streams for financial securityThe importance of transitioning from saving to investing to fight inflationRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/9 Financial Goals You Must Hit By 60Financial Advisor Reacts To Finance TiktoksDon't Tell People THIS About Your Finances13 Habits I Wish I Started In my 40sThis Is What A Financial Plan SHOULD Look LikeRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:9 Financial Goals You Must Hit By 60: https://youtu.be/nwqERPWUgZEFinancial Advisor Reacts To Finance Tiktoks: https://youtu.be/7H3TsKTHev0Don't Tell People THIS About Your Finances: https://youtu.be/fQQAC7Wmjbg13 Habits I Wish I Started In my 40s: https://youtu.be/QD-gcFbyIEQORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Welcome to another episode of the Building Your Money Machine Show. Today, we're tackling an essential topic – the nine financial goals you must hit by 60 to secure the life you deserve. Whether you're in your 60s, exploring your financial journey, or a bit younger but eager to set a strong foundation, this episode is packed with invaluable guidance to help you navigate the path to financial security and freedom.Join me as we explore these crucial goals that are necessary, regardless of where you are on your journey. At 63, I understand the importance of these strategies and how they can transform your approach to managing your finances, no matter your age or circumstances. From building a robust liquidity plan to tackling debt, defining your financial targets, and creating diversified income streams, we cover it all.We'll delve into aligning your investments with your specific life situation, protecting what you've built with the right tools, and prioritizing health as an integral part of wealth. Moreover, we'll emphasize the critical aspect of communication with your loved ones to ensure everyone is on the same page when it comes to legacy and financial plans.IN TODAY'S EPISODE, I DISCUSS:Strategies for tackling and eliminating destructive debt strategicallyBuilding and strengthening multiple income streams to secure your financial futureAligning your investments to match your life situationProtecting your financial legacy with wills, trusts, and the right insurancesPrioritizing health as a key component of a rich lifeEnhancing communication with your family aboutLeaving a legacy that extends beyond wealthRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Financial Advisor Reacts To Finance TiktoksDon't Tell People THIS About Your Finances13 Habits I Wish I Started In my 40sThis Is What A Financial Plan SHOULD Look LikeMy 12 Sources of Income at Age 63RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Financial Advisor Reacts To Finance Tiktoks: https://youtu.be/7H3TsKTHev0Don't Tell People THIS About Your Finances: https://youtu.be/fQQAC7Wmjbg13 Habits I Wish I Started In my 40s: https://youtu.be/QD-gcFbyIEQThis Is What A Financial Plan SHOULD Look Like: https://youtu.be/uWsy436EPXYORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Welcome to a uniquely exhilarating episode of the Building Your Money Machine Show! Today, I’m diving into the world of financial advice across social media, specifically TikTok, and providing my seasoned reactions and perspectives. If you’re puzzled by the financial guidance popping up on your feed, this episode will be enriching.I delve into a range of TikTok advice, focusing on understanding the language of money, and unconventional tips like game shows. We’ll explore which strategies truly empower wealth-building and which might leave you scratching your head. With decades of experience building millions and helping clients move towards financial freedom, I’m shedding light on the flashy yet questionable financial advice found online.We’ll decode business opportunities that promise much but often deliver less. Whether it’s affirmations for wealth or learning from impactful financial missteps, I've got your back in deciphering the noise.Prepare for an episode filled with insights and critical evaluations designed to help you harness effective financial strategies. It’s all about empowering you to build your financial legacy with informed insights.IN TODAY’S EPISODE, I DISCUSS:The importance of understanding the language of moneyReacting to advice on unconventional wealth strategiesWhy trading shouldn't be your primary path to wealthReal estate leveraging strategies: potential benefits and the risks involved.Deciphering appealing business opportunitiesThe role of mindset affirmations in real financial growth.Learning from financial misstepsRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Don't Tell People THIS About Your Finances13 Habits I Wish I Started In my 40sThis Is What A Financial Plan SHOULD Look LikeMy 12 Sources of Income at Age 63Finance Expert Ranks Best and Worst InvestmentsRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Don't Tell People THIS About Your Finances: https://youtu.be/fQQAC7Wmjbg13 Habits I Wish I Started In my 40s: https://youtu.be/QD-gcFbyIEQThis Is What A Financial Plan SHOULD Look Like: https://youtu.be/uWsy436EPXYMy 12 Sources of Income at Age 63: https://youtu.be/7X9voZSfuZwORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Welcome to another episode of the Building Your Money Machine Show. Have you ever shared financial details—your income, investments, or debts—only to later wish you'd kept things private? Then this episode is for you. Together, we're going to talk about the financial secrets we should keep to ourselves and why even the wealthiest choose discretion over disclosure.I explore the reasons oversharing can be problematic, from creating envy to inadvertently inviting scams. Your finances are personal for a reason, and telling people too much can damage not only your financial health but also your peace of mind and relationships.We all know there's a push for transparency, but I'll explain why keeping certain financial details like income, net worth, investment strategies, debt, and specific goals private can protect you in a multitude of ways. Whether it’s avoiding scams, preventing relationship strains, or staying away from unwanted opinions on how you should handle your money, you'll learn how discretion is a powerful tool.Discover how to set boundaries, the importance of focusing on values over numbers, and how to share insight and wisdom without compromising your financial privacy.IN TODAY’S EPISODE, I DISCUSS:The dangers of sharing exact incomes and net worth with othersHow sharing too much can invite scams and jeopardize relationshipsWhy each individual’s financial strategy is unique and should remain privateThe lessons learned from my own financial missteps and how they inform my caution todayHow to set boundaries and communicate financial insights without oversharingRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/13 Habits I Wish I Started In my 40sThis Is What A Financial Plan SHOULD Look LikeMy 12 Sources of Income at Age 63Finance Expert Ranks Best and Worst InvestmentsWhy Having Money Is Better Than Spending MoneyRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:13 Habits I Wish I Started In my 40s: https://youtu.be/QD-gcFbyIEQThis Is What A Financial Plan SHOULD Look Like: https://youtu.be/uWsy436EPXYMy 12 Sources of Income at Age 63: https://youtu.be/7X9voZSfuZwFinance Expert Ranks Best and Worst Investments: https://youtu.be/Q-PD2RLVfG4ORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Welcome to another transformative episode of the Building Your Money Machine Show. Today, I invite you to embark on a journey through the pivotal habits I wish I had adopted in my 40s — habits that could transform your life's trajectory, whether you find yourself in your 20s, 30s, 40s, or even beyond. This episode is your compass to enriching your life, enhancing your financial well-being, and making the most of your days as you navigate different life stages.In this heartfelt conversation, I uncover 13 life-changing habits that will empower you to live a life filled with purpose and prosperity. From the significance of regular health checkups and the power of simple, genuine connections like giving more hugs, to recording meaningful conversations with loved ones, every habit shared is a piece of wisdom from my own journey. Furthermore, I talk about how not to take things personally, and the importance of setting clear financial goals and being intentional with your spending.You’ll also learn about the value of Roth IRA investments, buying cars for cash, expanding your income streams, and the transformative power of taking strategic risks and stepping out of your comfort zone. I reveal why being directly involved in your investing is crucial for securing your financial legacy.IN TODAY'S EPISODE, I DISCUSS:The importance of regular health checkups and proactive wellnessSetting and sticking to clear financial goals and intentional spendingThe power in taking calculated risks and stepping outside your comfort zoneEngaging directly in your investments to protect your financial futureRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/This Is What A Financial Plan SHOULD Look LikeMy 12 Sources of Income at Age 63Finance Expert Ranks Best and Worst InvestmentsWhy Having Money Is Better Than Spending MoneyIf You Can Spare 15 Mins, You'll Get 20 Years of Your Life BackRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:This Is What A Financial Plan SHOULD Look Like: https://youtu.be/uWsy436EPXYMy 12 Sources of Income at Age 63: https://youtu.be/7X9voZSfuZwFinance Expert Ranks Best and Worst Investments: https://youtu.be/Q-PD2RLVfG4Why Having Money Is Better Than Spending Money: https://youtu.be/0voKPQKtzKgORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Discover how financial planning can be a creative process, not just calculations. Learn why many plans fail and how to build one that aligns with your dreams. Uncover the seven essential steps to crafting a personalized financial blueprint that adapts to life’s changes. Visualize your ideal life and turn aspirations into actionable goals. Engage in a supportive community to continue your financial journey with flexibility and purpose.

Discover the secrets behind creating twelve diverse income streams by the age of 63! The discussion emphasizes the importance of financial freedom through multiple income sources and the journey of overcoming life's challenges. Learn how to leverage existing skills, from active income through consulting to passive income via dividends. The speaker shares practical strategies for building financial security and offers a six-step framework to help listeners start their own income-generating ventures. Dive into the power of diversification!

Welcome to another strategic episode of the Building Your Money Machine Show! Today, I'm breaking down the overwhelming world of investments to provide you with a clear roadmap to wealth-building. Ever wondered which investments you can trust, which to avoid, or which simply to laugh at? This episode's got you covered.We start with the different tiers of investments, categorizing them from Wealth Champions all the way to Wealth Drainers. I'll rank various investments and explain each tier, from high-reward, reliable investments to those risky moonshot manias, and the ones that could drain your wealth.Whether it’s index funds, ETFs, real estate, or even collectibles, this episode gives you insights into where they fit in your wealth-building strategy. Do index funds and ETFs hold the crown? Where do cryptocurrencies and real estate fall? And why should you think twice about penny stocks and timeshares?I also bring in some real-life examples and personal opinions, like why I personally love blue-chip stocks but am cautious starting with them, and how I've faced challenges with certain investments. My aim is to give you actionable advice so you can build a diversified portfolio that fits your financial journey toward freedom.IN TODAY’S EPISODE, I DISCUSS:Classifying investments from Wealth Champions to Wealth DrainersThe long-term benefits of index funds and ETFsThe complexities of investing in real estateWhy penny stocks and timeshares can be huge wealth drainersInvesting in skills and education as one of the best long-term strategiesRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Why Having Money Is Better Than Spending MoneyIf You Can Spare 15 Mins, You'll Get 20 Years of Your Life BackWhy We Can't Save Money – And How to Fix It9 Financial Habits Holding You Back In Your 40sThe Real Reason Why You Feel Behind FinanciallyRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Why Having Money Is Better Than Spending Money: https://youtu.be/0voKPQKtzKgIf You Can Spare 15 Mins, You'll Get 20 Years of Your Life Back: https://youtu.be/gU31MwejdGIWhy We Can't Save Money – And How to Fix It: https://youtu.be/fpp3jEI0i209 Financial Habits Holding You Back In Your 40s: https://youtu.be/RBeCEuEDNV8ORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Welcome to another impactful episode of the Building Your Money Machine Show! Today, we’re tackling an issue that hits home for many of us: Why having money is better than spending it.Have you ever felt the stress of living paycheck to paycheck or regretted an impulse buy? Or maybe you're wondering why financial freedom feels so unattainable? This episode is for you. I dive deep into why the real joy lies in having money, not just spending it, and how making a few simple shifts can set you on a path to financial security.Did you know that 61% of people are living paycheck to paycheck? It doesn’t have to be that way. We’ll examine practical steps like starting small, automating your savings, cutting unnecessary expenses, and investing wisely to help you build your financial foundation.Picture this: What if you had money saved up for emergencies or to jump on a fabulous opportunity without going into debt? I share real-life scenarios on how financial security can impact your life, from negotiating better deals to reducing financial stress. A recent study even shows that having just $10,000 in savings can cut your financial stress by 37%! We also touch on the power of having the right mindset; think of money as your paintbrush to design the life you want.IN TODAY’S EPISODE, I DISCUSS:The emotional and psychological pitfalls of impulse spendingWhy having money leads to more lasting joy and financial freedomPractical steps to control spendingHow to invest wisely to build long-term wealthThe crucial mindset shifts necessary for financial successRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/If You Can Spare 15 Mins, You'll Get 20 Years of Your Life BackWhy We Can't Save Money – And How to Fix It9 Financial Habits Holding You Back In Your 40sThe Real Reason Why You Feel Behind FinanciallyHow to Stay Ahead as the Middle Class ShrinksRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:If You Can Spare 15 Mins, You'll Get 20 Years of Your Life Back: https://youtu.be/gU31MwejdGIWhy We Can't Save Money – And How to Fix It: https://youtu.be/fpp3jEI0i209 Financial Habits Holding You Back In Your 40s: https://youtu.be/RBeCEuEDNV8The Real Reason Why You Feel Behind Financially: https://youtu.be/sKEzMGS_S-UORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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

Welcome to another transformative episode of the Building Your Money Machine Show. This time, I'm asking you to think deeply about the true quality of your life. What if you could not only add 20 years to your life but significantly enhance the quality of those years? If you've ever felt life slipping past you or questioned if you're truly living the life you were destined for, then this episode is tailor-made for you.In my journey, I’ve discovered three primary life changes that have made an incredible difference: Swapping Retirement for Purpose—Forget traditional retirement. It’s all about living your life with a sense of purpose. Investing in Relationships and Health—Your most important investments are not always monetary. True wealth includes strong relationships and good health. Embracing Simplicity—Complexity breeds stress, while simplicity fosters joy. Focus on what genuinely brings you happiness.I also dive into actionable financial wisdom: Start Small, Start Early—It’s never too late to begin. Start where you are, and build your habits and behaviors towards financial freedom. Align Spending with Values—Your spending should reflect what truly matters to you. Invest in Freedom, Not Stuff—True wealth is having control over your time.IN THIS EPISODE, I DISCUSS:The concept of Anti-RetirementThe importance of investing in both relationships and healthFinding simplicity in life and reducing stressStarting small and building financial habits graduallyAligning your spending with your core valuesInvesting in freedom to achieve true wealth and choiceRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Why We Can't Save Money – And How to Fix It9 Financial Habits Holding You Back In Your 40sThe Real Reason Why You Feel Behind FinanciallyHow to Stay Ahead as the Middle Class ShrinksWhy Your Retirement Budget Is Most Likely WRONGRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Why We Can't Save Money – And How to Fix It: https://youtu.be/fpp3jEI0i209 Financial Habits Holding You Back In Your 40s: https://youtu.be/RBeCEuEDNV8The Real Reason Why You Feel Behind Financially: https://youtu.be/sKEzMGS_S-UHow to Stay Ahead as the Middle Class Shrinks: https://youtu.be/p-UYDsS879YORDER MY NEW USA TODAY BESTSELLING 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.When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 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