Building Your Money Machine

Welcome to another episode of the Building Your Money Machine Show! If you've ever felt like saving money is impossible, like there’s always something pulling you to spend or life keeps getting in the way, this episode is for you. Today, we'll uncover exactly why most people can’t seem to save and the hidden traps that are keeping them stuck. And more importantly, I'll share powerful steps to change that so you can start building real financial freedom.Financial freedom starts with saving, yet most people struggle with this simple but crucial step. Why? Because the system's rigged to keep you broke. From relentless marketing tactics to lifestyle inflation, we’re up against a lot. But don't worry, I've got your back. We'll talk about actionable strategies to recognize these traps and overcome them.We’ll dive into why half of Americans can't cover a $1,000 emergency without going into debt and why nearly 63% live paycheck to paycheck, even those earning over $100,000 a year. By understanding the system and taking practical steps, we can regain control and steer our way towards a prosperous future.IN TODAY'S EPISODE, I DISCUSS:Recognizing and battling the overwhelming systems designed to keep you spendingHow lifestyle creep sneaks up on you and ways to counteract itThe dangers of emotional spending and actionable steps to control itUnderstanding the real cost of debt and strategies to eliminate itBuilding an emergency fund as a safety net to avoid financial pitfallsShifting your mindset to prioritize saving as a pathway to freedomRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/9 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 WRONGLife Advice From A 63 Year Old Self Made MillionaireRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:9 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-UYDsS879YWhy Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1cORDER 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, we're going to identify and dismantle the nine financial habits holding you back in your 40s — wisdom that’s not bound by age. Whether you're in your 20s, 30s, 40s, or beyond, this episode is laden with timeless advice to elevate your financial journey.In your 40s, you’re at a crucial juncture where every financial decision holds more weight. From rising incomes to escalating expenses with kids, mortgages, and aging parents, the stakes are high. Are your habits setting you up for financial freedom or potential devastation? That's what we’ll uncover today.In this episode, I break down the nine must-adopt financial habits by your 40s to regain control, build wealth, and secure the financial future you deserve. These aren't quick fixes but methodology-backed steps that have transformed the lives of my clients and can do the same for you.We’ll talk about building an emergency fund, consistent investing, prioritizing value-aligned spending, and expanding your financial literacy. I'll also urge you to plan for health expenses and align your financial strategies with your bigger life goals.IN TODAY’S EPISODE, I DISCUSS:Creating a clear and intentional financial planUsing cash, not credit, for lifestyle expensesBuilding a fully-funded emergency fundSpending aligned with your values, not social expectationsInvesting in your financial educationPlanning for rising health expenses and securing your financial futureRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/The Real Reason Why You Feel Behind FinanciallyHow to Stay Ahead as the Middle Class ShrinksWhy Your Retirement Budget Is Most Likely WRONGLife Advice From A 63 Year Old Self Made MillionaireMy Copy-Paste Strategy To Become Wealthy The Lazy WayRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:The 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-UYDsS879YWhy Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1cLife Advice From A 63 Year Old Self Made Millionaire: https://youtu.be/tNhWvaddcjoORDER 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 empowering episode of the Building Your Money Machine Show. Ever felt like everyone else is ahead of you financially? You scroll through social media and see the luxury vacations, new cars, and dream homes, and it leaves you wondering — why does it seem like everyone has more money than you do? If you've ever felt this way, this episode is for you.In this episode, I break down why it feels like everyone else is financially ahead of you, and more importantly, how you can shift your focus back to your own financial journey. I share the truth behind those seemingly perfect social media posts and the hidden factors that distort our perceptions of wealth.I dive into the emotional traps of comparison, the danger of lifestyle inflation, and why true wealth isn't about flashy spending but about building a life of choice and freedom. I'll guide you on steps to understand your own financial reality, define what wealth truly means for you, and create a specific actionable plan to achieve it.Get ready to stop comparing and start focusing on your goals, habits, and the skills that will truly move you ahead.IN TODAY’S EPISODE, I DISCUSS:How social media creates illusions and distorts realityThe hidden wealth factors that skew our perceptionsWhy spending doesn't equate to wealthThe emotional traps of comparison and how they lead to poor financial decisionsTaking control of your financial habits and prioritiesHow to detach from social media triggers and focus on financial literacyRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/The Real Reason Why You Feel Behind FinanciallyWhy Your Retirement Budget Is Most Likely WRONGLife Advice From A 63 Year Old Self Made MillionaireMy Copy-Paste Strategy To Become Wealthy The Lazy WayWhy You Never Feel Like You Have "Enough"RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:The Real Reason Why You Feel Behind Financially: https://youtu.be/p-UYDsS879YWhy Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1cLife Advice From A 63 Year Old Self Made Millionaire: https://youtu.be/tNhWvaddcjoMy Copy-Paste Strategy To Become Wealthy The Lazy Way: https://youtu.be/5YkAPad2K3gORDER 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 pivotal episode of the Building Your Money Machine Show. Today, we're tackling a topic that affects millions of us: How to Stay Ahead as the Middle Class Shrinks. It’s no secret that economic pressures are squeezing the middle class, and I’m here to equip you with strategies.The middle class, traditionally seen as a foundation of financial security, is rapidly shrinking. From stagnant wages to rising living costs, and the transformative impacts of technology and automation, the landscape is evolving. Many Americans are feeling the pinch, living paycheck to paycheck and grappling with financial instability and stress.In this episode, I dig into the root causes of these economic pressures. We'll look at how wage growth has failed to keep pace with productivity and rising living costs, especially in housing. I’ll also cover how technological advances are reducing "middle-skill" jobs, contributing to job insecurity and stagnant wages.In today’s episode, I discuss:Mastering Financial Literacy: Taking 20-30 minutes weekly for financial education to gain clarity and control.Building an Emergency Fund: Establishing a "peace of mind" fund covering 9-18 months of living expenses.Diversifying Income Streams: Developing multiple income sources, like side hustles and investments.Investing in Long-Term Assets: Focusing on growth assets like stocks and real estate.Defining Your Financial Vision: Crafting a life vision that guides your financial decisions.Managing Debt: Reducing reliance on high-interest debt and using debt productively.RECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Why Your Retirement Budget Is Most Likely WRONGLife Advice From A 63 Year Old Self Made MillionaireMy Copy-Paste Strategy To Become Wealthy The Lazy WayWhy You Never Feel Like You Have "Enough"Why You Aren't Investing (and How to Fix It)RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Why Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1cLife Advice From A 63 Year Old Self Made Millionaire: https://youtu.be/tNhWvaddcjoMy Copy-Paste Strategy To Become Wealthy The Lazy Way: https://youtu.be/5YkAPad2K3gWhy You Never Feel Like You Have "Enough": https://youtu.be/pVrC7zcNxHgORDER 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 enlightening episode of the Building Your Money Machine Show. Ever wondered if the retirement plan you're following might be completely wrong? Today, we're dismantling the conventional wisdom around retirement planning—a topic that's critical to ensuring you don't just survive your retirement, but actually thrive in it.In this episode, I tackle why the common advice of aiming to replace 70-80% of your pre-retirement income might be setting you up for disappointment. This one-size-fits-all advice fails to account for your unique life, dreams, and spending habits. From inflation and healthcare costs to your personal goals and lifestyle changes, we’ll dive into why personalized financial planning is essential.Drawing on studies and personal experience, I illustrate how a generic retirement plan can fall short and share detailed steps to create a bespoke retirement plan that's tailored to your specific needs. We’ll talk about understanding your spending habits, accounting for inflation, considering longevity, preparing for healthcare costs, and identifying your income sources.IN TODAY’S EPISODE, I DISCUSS:Why generic retirement advice is often misleading and insufficientThe impact of inflation and how to plan for itThe critical nature of healthcare costs and long-term care considerationsHow to account for longevity in your retirement planningStress testing your plan for various scenarios to ensure its robustnessThe role of financial planners, coaches, and mentors in your financial journeyRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Life Advice From A 63 Year Old Self Made MillionaireMy Copy-Paste Strategy To Become Wealthy The Lazy WayWhy You Never Feel Like You Have "Enough"Why You Aren't Investing (and How to Fix It)If You're In Your 50s or 60s... You Need To Watch This.RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Life Advice From A 63 Year Old Self Made Millionaire: https://youtu.be/tNhWvaddcjoMy Copy-Paste Strategy To Become Wealthy The Lazy Way: https://youtu.be/5YkAPad2K3gWhy You Never Feel Like You Have "Enough": https://youtu.be/pVrC7zcNxHgWhy You Aren't Investing (and How to Fix It): https://youtu.be/nRJ4QN3g_xwORDER 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 unique and reflective episode of the Building Your Money Machine Show. Today, I’m shifting gears to share some life-changing wisdom—lessons gleaned from over six decades of trials, triumphs, and everything in between. This episode isn’t just about financial freedom; it’s about creating a life you love to live, mastering your money, and eliminating financial stress so you can enjoy the ultimate freedom—choice.In this special installment, I lay out 14 life lessons that have profoundly shaped my journey. From staying physically and intellectually active, to rejecting others' limits, to truly understanding what brings you joy, these insights aim to enrich your path toward not just financial independence but a fulfilling life.I dive into the importance of gratitude, embracing obstacles as growth opportunities, and understanding that legacy isn't something you leave behind, but rather something you live every day. We'll also explore the richness life offers beyond material wealth, and how true wealth is better measured in time and moments than in dollars and cents.Prepare for an episode filled with profound reflections, impactful advice, and inspiration to live a life that outlives you.IN TODAY’S EPISODE, I DISCUSS:The importance of staying physically and intellectually activeBlocking out others’ limitations and pursuing your dreamsDiscovering what genuinely brings you joy beyond material possessionsPracticing daily gratitude to combat feelings of lackChoosing to focus on the richness of experiences over financial wealthRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/My Copy-Paste Strategy To Become Wealthy The Lazy WayWhy You Never Feel Like You Have "Enough"Why You Aren't Investing (and How to Fix It)If You're In Your 50s or 60s... You Need To Watch This.Why You Need To Stop Calling Yourself "Middle Class"RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Copy-Paste Strategy To Become Wealthy The Lazy Way: https://youtu.be/5YkAPad2K3gWhy You Never Feel Like You Have "Enough": https://youtu.be/pVrC7zcNxHgWhy You Aren't Investing (and How to Fix It): https://youtu.be/nRJ4QN3g_xwIf You're In Your 50s or 60s... You Need To Watch This: https://youtu.be/tNhWvaddcjoORDER 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 to build wealth with minimal effort through a Copy-Paste Strategy! Learn to maximize your employer's 401(k) match for free money and automate savings for consistency. Explore transforming your home into income-generating rental properties, and get tips on allocating windfalls wisely for smart investments. Embrace challenges to upskill and accelerate your earning potential. The wealth-building process can be effortless and stress-free!

Welcome to another eye-opening episode of the Building Your Money Machine Show. Today, we're tackling an increasingly prevalent issue that I call "money dysmorphia"—a financial anxiety condition affecting so many of us, no matter our financial standing. This episode delves into how financial stress can lead to isolation, strained relationships, and even impact your physical health. Financial wellness is the critical link between your mental and physical well-being—something we can't afford to ignore.The rise of financial anxiety, exacerbated by social media comparisons, is affecting nearly one-third of Americans today. It’s not just an abstract number; it's real people, including 43% of Gen Z and 41% of millennials, dealing with this every day.We delve into the symptoms of money dysmorphia, where your perception of financial health becomes distorted despite having savings and income. Examples include older adults fearing to spend their substantial savings, and younger professionals obsessively checking their accounts, avoiding social interactions, despite being financially secure.IN TODAY’S EPISODE, I DISCUSS:How financial stress affects your life and relationshipsThe concept of money dysmorphia and its real-world impactSteps to mitigate financial anxiety and rationalize your fearSeeking professional support from financial coaches or therapistsBalancing financial saving with enjoying your wealth through planned “joy points”RECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Ten Tiny Habits That Build Real Wealth (REALISTIC)Why A Million Dollars Doesn't Make You RichThe F.U.N.D. Method For Building & Managing Your Emergency FundWhy Smart People Are Not Always RichWhy The F.I.R.E Movement Is A Pipe-dreamRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Ten Tiny Habits That Build Real Wealth (REALISTIC): https://youtu.be/U2xunyOe-tg Why A Million Dollars Doesn't Make You Rich: https://youtu.be/S1Wn2n5jIo0 The F.U.N.D. Method For Building & Managing Your Emergency Fund: https://youtu.be/oWFGkpLySag Why Smart People Are Not Always Rich: https://youtu.be/KknyOr-IU8A ORDER 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

In this engaging discussion, the barriers preventing people from investing are laid bare. Fear of loss and the complexities of financial jargon often paralyze potential investors. The contrast between investing and gambling is explored, highlighting calculated risks. The struggle with instant gratification is addressed, showing how immediate rewards can be integrated into financial planning. Listeners are encouraged to develop good financial habits and overcome analysis paralysis to embark on their investment journey.

Welcome to another crucial episode of the Building Your Money Machine Show where we're tackling a pressing question that many of you might be facing: What would you do if you were in your 50s or 60s with little to no savings, and retirement is right around the corner? In this episode, we dive straight into actionable steps you can take to secure your financial future, even if you're starting late in the game.At 63 years of age, I understand the anxiety that comes with approaching retirement without sufficient savings. But here's the truth: It's not too late. There's still time to create a detailed plan that can help you build the security you need for a dignified retirement. We cover everything from maximizing Social Security, making smart investments, to developing a stress-tested financial plan.This episode is designed for those who feel the clock ticking but need assurance that they can still achieve financial security. I share insights from my journey and my experience with clients to provide a roadmap for a dignified, stress-free retirement.Stay with me on this journey—subscribe to the show if you haven't yet, share it with friends who might benefit, and let's work together to claim your financial freedom. Join the movement on the path to building your financial legacy. You've got this!IN TODAY’S EPISODE, I DISCUSS:Creating a Detailed PlanBuilding an Immediate Safety NetMaximizing Social SecurityUnderstanding your benefits and when to claim them.Leveraging Additional Resources like health savings accountsRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/Ten Tiny Habits That Build Real Wealth (REALISTIC)Why A Million Dollars Doesn't Make You RichThe F.U.N.D. Method For Building & Managing Your Emergency FundWhy Smart People Are Not Always RichWhy The F.I.R.E Movement Is A Pipe-dreamRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Ten Tiny Habits That Build Real Wealth (REALISTIC): https://youtu.be/U2xunyOe-tg Why A Million Dollars Doesn't Make You Rich: https://youtu.be/S1Wn2n5jIo0 The F.U.N.D. Method For Building & Managing Your Emergency Fund: https://youtu.be/oWFGkpLySag Why Smart People Are Not Always Rich: https://youtu.be/KknyOr-IU8A ORDER 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