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Welcome to another compelling episode of the Building Your Money Machine Show. Today, I'm challenging you to reconsider everything you think is stable about your financial life. What if what you thought was secure—your job, savings, and financial future—is actually at risk? In this episode, I break down the complex forces like recession, inflation, stagflation, and tariffs that could potentially impact your wallet, investments, and wealth-building journey.I dive deep into understanding these economic threats and, more importantly, how you can prepare to stay ahead. Don’t expect fear-mongering or doomsday predictions. Instead, get ready for actionable insights to fortify your finances and ensure you remain in control, no matter what the economic landscape throws your way.We’ll talk about the Federal Reserve's role, inflation as a threat, and the nuances of tariffs. Through it all, I stress that preparing for these economic cycles is crucial, just like I've experienced firsthand in my 63 years, h

Welcome to another engaging episode of the Building Your Money Machine Show. This time, I’m diving into a conversation about crafting the best financial strategies tailored to your current income level, whether you're making $30k, $67k, or over $100k. If you've ever wondered why you're struggling to build wealth no matter your income bracket, this episode is for you. It’s all about finding the right strategies for where you are today to ensure you’re not leaving money or opportunities on the table.I open up about the common misconception that merely earning more money will solve financial problems. However, without a solid strategy, it’s like pouring water into a leaky bucket—it just disappears. I simplify and break down actionable steps for three key income breakpoints, as covered in my book, Building Your Money Machine. So by the end of this episode, you’ll know exactly what to do to build wealth effectively for your income level, and I’ll introduce the four wealth drivers necessary to make i

Welcome to another episode of the Building Your Money Machine Show. Today, we're exploring the intriguing world of the ultra-wealthy and the money games they play that often seem out of reach for the rest of us. But here's the secret — many of their strategies are actually accessible to you, and that's exactly what I'm going to uncover.Having worked as a CPA for the ultra-wealthy, I've witnessed firsthand the key mindset shifts and financial strategies that set them apart. In this episode, I'll be breaking down those principles to help you bring them into your own life, regardless of your current financial situation.We delve into the fundamental shifts in thinking from merely accumulating cash to effectively controlling and generating cash flow through assets. I'll walk you through the concept of affluence cash flow and why the ultra-wealthy focus on long-term, intergenerational wealth — thinking in centuries, not decades.We also tackle, leveraging debt wisely. Understanding

Welcome back to another episode of the Building Your Money Machine Show! I'm Mel Abraham, and if you've ever felt financially stuck, overwhelmed by debt, or just tired of feeling like money is controlling your life, then you've come to the right place. In this episode, we're tackling how you can transform your finances in just eight weeks with practical, actionable steps.I've been where you are—struggling with debt and feeling overwhelmed. But through experience and learning, I've discovered that you don't need complex strategies or extreme sacrifices. Instead, we'll focus on what truly matters: mindset, clarity, and a step-by-step plan that guides you towards financial freedom.Our journey together will address the broken financial system that keeps many feeling trapped, challenge traditional beliefs, and put your finances back in your control.We'll dive deep into each of these eight critical weeks that will set you up for success and empower you to live a richer,

Welcome to another captivating episode of the Building Your Money Machine Show. Today, we're unveiling the secrets millionaires hold close, with a focus on a finance book that often flies under the radar but holds immense power in shaping a truly rich life—both monetarily and in essence. It's not just about amassing wealth; it's about creating a fulfilled, purpose-driven life.I walk you through Napoleon Hill's "The Master Key to Riches," elaborating on its timeless principles that extend beyond mere financial success. The book delves into the core of what it means to live richly, emphasizing the importance of a definiteness of purpose, applied faith, and the mastermind principle. I explain how these foundational ideas are crucial in not only creating wealth but sustaining a life that resonates with your deepest values.Furthermore, we explore the 12 hidden riches outlined in the book, which Napoleon Hill frames as essential to a life of fulfillment and happiness. These riches go b

Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're addressing a common feeling that many of us have experienced: working hard but not seeing the financial progress we desire. On this episode, I'm sharing the foundational concept I call "harbinger habits"—tiny yet powerful actions that act as predictors of your financial success long before the money shows up.Through this episode, I break down 11 essential habits that silently shape your financial future. These aren't flashy, big-win strategies, but everyday practices that separate those who achieve true financial freedom from those who continue to struggle financially. The best part? You don't need to be wealthy to start adopting these habits today.After 30 years of guiding people to master their money and attain real wealth, I’ve witnessed firsthand which habits signal financial success and which lead to challenges. By the end of this episode, you'll be equipped with the tools to

Welcome to a special episode of the Building Your Money Machine Show. Today, I had an incredible conversation with a dear friend of mine, Brandon Lucero, who is one of the best in the field of communication. You might be wondering why we're discussing communication on a money machine show. Here's the secret: communication is key to unlocking dollars, sales, conversions, and even effective leadership within your team.In this episode, I sat down with Brandon to explore the powerful impact of conversion messaging and how it can generate more income for you. Communication isn't just about words; it's a game-changing tool that can move people to make decisions that lead to buying your products, giving you contracts, and even getting the raise you deserve. Prepare for insights on how the right messaging can scale your income and transform your business.We delve into how Brandon has been instrumental in helping many, including myself, to fine-tune our messaging. The foundation of the Affluence Bl

Welcome to this transformative episode of the Building Your Money Machine Show. Today, I'm sharing insights I've gained over three decades in the financial world—insights I wish I could have grasped earlier. Imagine saving decades of trial and error on your path to financial freedom. This episode is for anyone feeling stuck in the endless chase for financial milestones that never quite lead to security or happiness.Through a deeply personal story, I reflect on a life-changing moment that forced me to rethink my relationship with money: a bike accident that taught me the essential question of "how much is enough?" From there, we explore the critical concepts that can shift your perspective and finances—understanding that money is a result, but not the ultimate goal.Join me as I walk you through actionable strategies and heartfelt lessons aimed at cutting years of frustration off your journey to financial independence. Your dream life may not manifest overnight, but with deliberate choices a

Welcome to another enriching episode of the Building Your Money Machine Show. Today, we're uncovering the transformative concept of building wealth unnoticed, a strategy that champions freedom, security, and peace of mind over the often misleading allure of status symbols. In a world dominated by social pressures and appearances, standing out quietly can be your biggest asset.I pose the idea that true wealth isn't about flaunting Lamborghinis or designer threads. Instead, it's about living life on your terms, without the pressure of societal expectations. Throughout this episode, I show you how to master this balance by building what I call 'quiet wealth.'I emphasize prioritizing assets over liabilities, and the remarkable power of time—why investing early compounds your financial gains exponentially over decades. Moreover, protecting your wins and keeping financial victories private shields you from external pressures and unwanted attention.For those ready to take control of their fi

Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, I’m sharing a deeply personal journey, one that transformed my life from feeling stuck in a high-powered career to reaching financial freedom by aligning my passions with my values. If you've ever felt trapped in a life that you didn't design or yearned for a career filled with more meaning, this episode was made for you.I take you back to 1989 when I stood on one of the tallest buildings in downtown Los Angeles, realizing that despite having the career and path I was told I should want, I was unfulfilled and living someone else's expectations. Fast forward, I quit my job as a CPA with no plan and no backup, an experience that taught me invaluable lessons about transitioning from a career that is merely transactional to one that is truly fulfilling.In this episode, I introduce you to my effective transition formula, a framework born from my journey to help you move from a job that drains you to a callin

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 fina

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

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 evaluati

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

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 v

Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're exploring why a financial plan isn't just about the numbers; it's about crafting the dream life you've always envisioned. Have you ever found yourself feeling stuck, overwhelmed, or just unsure about the financial steps needed to bridge the gap between your current situation and your desired life? Then this episode is for you, and I promise to guide you step-by-step in rethinking your financial approach.I'm revealing why most conventional financial plans fall short and how to construct a plan that truly works for you. This isn't just about accumulating wealth; it's about using money as your paintbrush to create the life of your dreams, focusing on the 'what' instead of getting bogged down in the 'how.' I'll teach you to dream big and craft a plan that acts as a pathway to your life's vision, not just a set of numbers on a spreadsheet.We will walk thro

Welcome to an eye-opening episode of the Building Your Money Machine Show. Today, we're taking a look behind the curtain as I reveal the 12 income streams I have built by the age of 63—streams that were actually established decades ago and have provided me with the freedom to live life on my own terms. In this episode, we delve into how you can achieve financial freedom by creating multiple income streams, understanding the necessity of diversification not only in investing but also in income.I am going to walk you through each of my income streams, from the most active to the least active, showing how they have enabled me to thrive even through life's challenges, such as my battle with cancer, without being tethered to a single source of income.We will talk about active incomes such as my financial consulting and public speaking, to more leveraged streams like online courses and real estate investments, right up to truly passive income from dividends and interest. My journey demonstrates the import

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-

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 d

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 t