Are you ready to finally understand how to build multiple streams of income and secure your financial future? Discover the secrets of diversification and leverage!In today's episode, I dive deep into the necessity of having multiple streams of income and how it's more crucial than ever. I break down my five income framework, showing you how to move from active income to leveraging business, asset-based, residual, and portfolio income. Learn from my personal journey and see how creating various income streams can safeguard your financial stability, especially during life's unpredictable moments.Want to create a money machine and achieve true financial freedom? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: The importance of income diversification and reducing financial riskThe five income framework: Active, Business, Asset-Based, Residual, and Portfolio IncomeStrategies to start with one income stream and build additional streams step by stepRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterWhat to Do Today to Pay Less Tax and Keep More Money    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM PRE-ORDER MY NEW 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.

Do you ever wonder what the biggest investing regrets might be from someone who's a Certified Public Accountant? Well, you're in luck!In today’s episode, I get real and candid about my own investment journey, sharing the seven biggest investing regrets I've had over the years. From not being curious about wealth early on to blindly following advisors, I lay it all out to help you avoid making the same costly mistakes.We dive deep into the importance of getting curious about wealth, understanding the real meaning of retirement, and the massive impact of starting to invest early. I also discuss the perils of getting too complicated too soon and the dangers of letting emotions drive your decisions. Plus, why it's crucial to stay in the market despite your fears and the importance of talking about and teaching financial literacy more openly.Want to learn from my mistakes and secure your financial future more confidently? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: - Being curious about wealth and living fully early on- The misconception that retirement is far off- The pitfalls of getting too complicated too soon in investingRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Today to Pay Less Tax and Keep More MoneyWhich is Better High Yield Savings Accounts or CDs?Should You Use a HELOC to Payoff Your Mortgage?How to Get the Right CPA & Why It Matters    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM Which is Better High Yield Savings Accounts or CDs?: https://youtu.be/YO3QY6xR3_M Should You Use a HELOC to Payoff Your Mortgage?: https://youtu.be/_2Hu42no2IY How to Get the Right CPA & Why It Matters:https://youtu.be/zj26Wwqe0bk PRE-ORDER MY NEW 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.

Curious about ETF and index fund investing but feeling lost in the maze of financial jargon? You're not alone, and I'm here to make it simple!In today’s episode, I demystify the world of ETFs and index funds, providing you with a clear roadmap to start investing smartly. I explain why it's crucial to begin investing now, laying out the wealth creation curve and the virtues of patience and discipline. You'll learn why focusing on overall returns and playing the long game is paramount, and how avoiding emotional decisions and market hype can save you from financial pitfalls.I also shed light on the importance of keeping your investment fees low, and why consistency in your investing habits pays off, regardless of market fluctuations. We'll delve into various portfolio options like single, two, three, and four fund strategies, catering to different risk tolerances and financial goals.For those just dipping their toes into the investment world, I recommend starting with ETFs and index funds for their diversification and risk management benefits. And, of course, we’ll discuss the importance of having a wealth team and leveraging advisors for complex situations.Seeking financial freedom and ready to take control of your investing journey? Let’s dive into the episode together!IN TODAY’S EPISODE, I DISCUSS: -Understanding the wealth creation curve and why starting now matters-The significance of focusing on overall return on investment-Staying disciplined and avoiding emotional investment decisionsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Do Money Right As a Family Getting Your Partner on the Same Money PageYour Financial Advisor May Not Be Telling You the Truth! What to Do Now to Lower Taxes Before Year EndRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Do Money Right as a Family: https://youtu.be/vZqfINfPNoo Getting Your Partner on the Same Money Page: https://youtu.be/BaAW-JswkXQYour Financial Advisor May Not Be Telling You the Truth!: https://youtu.be/1FDZfejefQ8 What to Do Now to Lower Taxes Before Year End: https://youtu.be/SPuxc6OhPn8PRE-ORDER MY NEW 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.

Are you gearing up to hit essential financial milestones by age 50? It's not just about getting there; it's about paving a clear path to secure your future!In today’s episode, I dive deep into the nine financial goals you should achieve by the time you turn 50. From understanding the importance of liquidity and eliminating destructive debt to establishing a robust protection plan with insurances and wills, I cover the crucial steps to ensure you're on track for financial freedom. I also share insights on why aligning your family with your financial goals is vital and the significance of instilling the right values over merely accumulating assets.Ready to assess where you stand and adjust your sails towards a more secure future? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: The necessity of building an emergency fund that covers 9-18 months of expensesStrategies to tackle and eliminate both destructive and productive debt by age 50Creating a protective shield with the right insurances, trusts, and wills to safeguard your estateRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Greatest Money Lesson Came from a 6-Year OldShould I Rent or Buy a HomeWhat to Do If You Think You’re Gonna Get Laid OffGetting Your Partner on the Same Money Page    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M Should I Rent or Buy a Home: https://youtu.be/Dy7NyPqrCHE What to Do If You Think You’re Gonna Get Laid Off: https://youtu.be/QYOW2nUbDr8 Getting Your Partner on the Same Money Page: https://youtu.be/BaAW-JswkXQ PRE-ORDER MY NEW 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.

Are you ready to dive into the world of dividend investing and understand how it can play a part in achieving your financial freedom?In today’s episode, I guide you through the essentials of dividend investing tailored for beginners. We'll explore what dividend investing involves, the benefits of receiving regular payouts, and how dividends can contribute to building your financial portfolio. From the fundamental concepts of dividend payout ratios to the potential impacts on your overall investment returns, I cover everything you need to get started.Want to kickstart your journey towards building a robust investment portfolio that not only appreciates but also pays you? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: The basics of dividend investing and its role in your financial strategyHow companies decide on paying dividends and the significance of dividend payout ratiosUnderstanding dividend yields and how they affect your investment decisionsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:The 25 Top Money Books I've Read (What I Learned)Traditional Financial Advice Doesn't Work for EntrepreneursBuild Wealth & Live a Rich Life at Any Age (My so n's journey)How to Do Money Right As a Family   RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:I Read 40 Books on Money... Here's what will make you rich: https://youtu.be/IVrVC8smFS4 Traditional Financial Advice Doesn't Work For Entrepreneurs :https://youtu.be/GZTaw24Hnc4 Build Wealth & Live a Rich Life at Any Age (My son's journey): https://youtu.be/5p7OVp2pAbM How to Do Money Right as a Family:https://youtu.be/vZqfINfPNoo PRE-ORDER MY NEW 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.

Are you ready to dive into the secrets of managing your money like the ultra-wealthy? It's not about amassing wealth but managing it smartly!In today’s episode, I unravel the habits and strategies of the top 1%, showing you how they manage their money to build and sustain their wealth. From real-life insights on budgeting to investing wisely, you'll discover how these economic trendsetters focus on more than just their earnings. I delve deep into the mindset and mechanisms that drive their financial success and how you can apply these principles to your own life.Want to transform your approach to money and carve your path to financial freedom? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: Building a "cash resource plan” over simple budgetingThe importance of having a vivid vision and a robust financial planExecuting strategies like the “wealth priority ladder” to maximize your investmentsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterWhat to Do Today to Pay Less Tax and Keep More Money   RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM PRE-ORDER MY NEW 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.

Are you tired of chasing the elusive dream of passive income? It's time to get real about building wealth!In today’s episode, I debunk the myths surrounding passive income and explain why it might be steering you away from genuine financial success. I delve into the realities of income generation, highlighting the crucial difference between passive and leveraged income. From the dangers of social media misconceptions to the essential efforts required in managing money, I cover it all. This discussion will shift your perspective from passive to proactive wealth building.Ready to learn how to build a resilient, thriving financial future without falling into the passive income trap? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: Why passive income is more of a fantasy than a feasible strategyThe truth about the effort needed to build and maintain wealthUnderstanding leveraged income and how you can realistically achieve it through various levels of engagementRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterWhat to Do Today to Pay Less Tax and Keep More Money    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM PRE-ORDER MY NEW 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.

Are you feeling stuck in the middle class maze, wondering if you'll ever make your way to financial freedom? Let's shake things up a bit!In today's episode, I dive deep into why the middle class often struggles to reach wealth and how you can break this cycle. I discuss the critical shifts in mindset and action needed to escape financial mediocrity. From understanding the importance of discussing money openly to recognizing the power of strategic investments and multiple income streams, I guide you through the essential steps towards building your money machine.Ready to transform your financial destiny and start building true wealth? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: - The detrimental "payment game" and how to avoid this common trap- Building liquidity as a foundation for financial security and opportunity- Strategies to separate your effort from your earnings to maximize financial growthRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:The 25 Top Money Books I've Read (What I Learned)Traditional Financial Advice Doesn't Work for EntrepreneursBuild Wealth & Live a Rich Life at Any Age (My so n's journey)How to Do Money Right As a Family   RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:I Read 40 Books on Money... Here's what will make you rich: https://youtu.be/IVrVC8smFS4 Traditional Financial Advice Doesn't Work For Entrepreneurs :https://youtu.be/GZTaw24Hnc4 Build Wealth & Live a Rich Life at Any Age (My son's journey): https://youtu.be/5p7OVp2pAbM How to Do Money Right as a Family:https://youtu.be/vZqfINfPNoo PRE-ORDER MY NEW 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.

Are you struggling to hit that first $100k milestone in your financial journey? It's not just a number; it's a crucial stepping stone to future wealth!In today’s episode, I dive deep into why earning your first $100,000 is the hardest but most transformative part of building sustainable wealth. I share personal anecdotes, the setbacks I faced, and actionable strategies to overcome the common hurdles that might be holding you back. From understanding the psychological barriers to effectively managing your lifestyle creep, I cover all bases to help set you on the right path.Want to break through the financial noise and accelerate your journey to $100k? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: - The significant psychological hurdles in early wealth-building stages- Practical tips to avoid lifestyle inflation and maintain financial discipline- The critical role of insurance and proper risk management in safeguarding your growing assetsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterWhat to Do Today to Pay Less Tax and Keep More Money   RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM PRE-ORDER MY NEW 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.

Are you tired of hearing the same old rapid-fire investment tips that promise overnight riches, but leave you feeling like you're gambling with your life savings?In today's episode, I dive deep into the real talk of investing – the sustainable, no-nonsense strategies that actually build lasting wealth. I'm here to tell you that your journey to financial freedom should be more of a marathon than a sprint. Forget the adrenaline rush; it's about slow, consistent growth over time. Whether the economy is soaring or crashing, these principles hold firm.Ready to learn about the wealth-building advice nobody seems to want to hear but everyone needs to know? Tune in to this eye-opening discussion, and let's straighten out those investment myths.IN TODAY’S EPISODE, I DISCUSS: -Why wealth creation is less about the size of your paycheck and more about your habits and decisions-The astonishing stats on how most millionaires are self-made and didn't rely on large -salaries-The significance of understanding your investments and looking at their long-term track recordsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Today to Pay Less Tax and Keep More MoneyWhich is Better High Yield Savings Accounts or CDs?Should You Use a HELOC to Payoff Your Mortgage?How to Get the Right CPA & Why It Matters    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM Which is Better High Yield Savings Accounts or CDs?: https://youtu.be/YO3QY6xR3_M Should You Use a HELOC to Payoff Your Mortgage?: https://youtu.be/_2Hu42no2IY How to Get the Right CPA & Why It Matters:https://youtu.be/zj26Wwqe0bk PRE-ORDER MY NEW 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.

Want to uncover the signs that you are truly excelling in your financial life—even if it doesn't always feel that way?In this episode, I guide you through the often-overlooked indicators that you're succeeding with your money. It's easy to get caught up in external definitions of success, but I offer you a fresh perspective on genuine financial wellness. From internal game focus to quiet asset accumulation, you'll discover the nine crucial signs that show you're on a promising financial path.Ready to assess your financial health and confirm you're on the right trajectory? Listen to the full episode now!IN TODAY’S EPISODE, I DISCUSS: The importance of playing an internal, not external, financial gameThe power of quiet asset accumulation versus loud wealthThe benefits of having a clear financial process and principlesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Today to Pay Less Tax and Keep More MoneyWhich is Better High Yield Savings Accounts or CDs?Should You Use a HELOC to Payoff Your Mortgage?How to Get the Right CPA & Why It Matters    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM Which is Better High Yield Savings Accounts or CDs?: https://youtu.be/YO3QY6xR3_M Should You Use a HELOC to Payoff Your Mortgage?: https://youtu.be/_2Hu42no2IY How to Get the Right CPA & Why It Matters:https://youtu.be/zj26Wwqe0bk PRE-ORDER MY NEW 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.

Are you tired of the 9-5 grind and feel like it's a barrier to achieving wealth? Think again!In this eye-opening episode, I dive deep into the common misconception that a traditional job means financial mediocrity. I discuss the mindset shifts and strategic actions necessary to turn your 9-5 into a launching pad for wealth creation. From utilizing employer benefits effectively to understanding the power of consistent investing, I guide you through an approach that could significantly inflate your financial balloon.IN TODAY’S EPISODE, I DISCUSS: The mistaken belief that 9-5 jobs cannot lead to wealth and why this attitude holds many backLearning to leverage the benefits that come with 9-5 employmentThe step-by-step wealth priority ladderRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Greatest Money Lesson Came from a 6-Year OldShould I Rent or Buy a HomeWhat to Do If You Think You’re Gonna Get Laid OffRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M Should I Rent or Buy a Home: https://youtu.be/Dy7NyPqrCHE What to Do If You Think You’re Gonna Get Laid Off: https://youtu.be/QYOW2nUbDr8 PRE-ORDER MY NEW 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.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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Looking to monetize beyond services? Let's unlock prosperity with products! Join entrepreneur Jacqueline Snyder as we explore creating physical products aligned with your strengths and customer needs. From workbooks to branded merchandise, discover how to boost your brand's income potential. Ready to dive into the world of products?IN TODAY’S EPISODE, I DISCUSS: -The critical steps to identifying what your clients truly need and how to enhance their experience-Differentiation strategies to find and own your niche-Jacqueline's personal journey from fashion mogul to product guruCONNECT WITH JACQUELINE SNYDER:Get to know more about Jacqueline Snyder: https://www.theproductboss.com/ RECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw PRE-ORDER MY NEW 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.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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabraham

Feeling financially strained in a wealthy nation? It's not just about income; it's how you manage it! In this episode, I explore why many struggle despite decent earnings. From paycheck-to-paycheck living to debt acceptance and chasing excess, I delve into cultural and psychological factors fueling financial woes. Tune in to understand common pitfalls thinning our wallets.IN TODAY’S EPISODE, I DISCUSS: The psychological beliefs about money that lead to financial hardshipThe critical difference between income and money managementHow societal norms and behaviors encourage financial struggle and debt accumulationRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Machine for Financial FreedomMy Greatest Money Lesson Came from a 6-Year Old7 Money Excuses That'll Keep You Broke!RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Create a Money Machine for Financial Freedom: https://youtu.be/ZXK7bnqrqcw My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE PRE-ORDER MY NEW 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.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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabraham

Embark on an inspiring journey with Gabriel Sanchez, who transformed adversity into purpose. From poverty to success, his story resonates with personal growth and giving back. Discover his path from street vendor to president of a mental wellness company. Learn how he overcame obstacles to make a difference, particularly in underprivileged areas of Chiapas, Mexico. Tune in to explore how challenges can lead to a life of service and meaning.IN TODAY’S EPISODE, I DISCUSS:  Gabriel's transformative choice to leave a prosperous legal career for a purpose-driven life.-Real-life stories of overcoming barriers and the significant impact of educational support programs.RECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:The 25 Top Money Books I've Read (What I Learned)Traditional Financial Advice Doesn't Work for EntrepreneursBuild Wealth & Live a Rich Life at Any Age (My so n's journey) RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:I Read 40 Books on Money... Here's what will make you rich: https://youtu.be/IVrVC8smFS4 Traditional Financial Advice Doesn't Work For Entrepreneurs :https://youtu.be/GZTaw24Hnc4 Build Wealth & Live a Rich Life at Any Age (My son's journey): https://youtu.be/5p7OVp2pAbM PRE-ORDER MY NEW 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.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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabraham

In this episode, Mel Abraham shares key indicators for wealth. Drawing on his financial advisory and CPA expertise, Mel dissects critical wealth-building factors. Learn prioritizing investments, understanding wealth drivers, and prioritizing liquidity. Avoid destructive debt and track financial progress. Gain insights into wealthy mindset and strategies for financial liberation. IN TODAY’S EPISODE, I DISCUSS: - The significance of internal evaluation over external comparisons- Understanding and leveraging the four drivers of wealth- The importance of liquidity in achieving financial peace of mindRECOMMENDED EPISODES FOR YOU If you like this episode, you'll love these ones:My Greatest Money Lesson Came from a 6-Year OldShould I Rent or Buy a HomeWhat to Do If You Think You’re Gonna Get Laid OffRECOMMENDED VIDEOS FOR YOU If you like this video, you'll love these ones:My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M Should I Rent or Buy a Home: https://youtu.be/Dy7NyPqrCHE What to Do If You Think You’re Gonna Get Laid Off: https://youtu.be/QYOW2nUbDr8 PRE-ORDER MY NEW 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.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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Ready to redefine richness beyond money? Join me and Jimmy Rex as we explore fulfillment over wealth. From vulnerability to transformative exercises, we delve into the heart of true richness. Tune in for real talk on creating a happier, purposeful life.IN TODAY’S EPISODE, I DISCUSS: -The transformative "step in the circle" exercise that initiates genuine connections-The journey of overcoming shame and guilt to embrace compassion and self-love-How our past mistakes and vulnerabilities pave the way for growth and a supportive communityCONNECT WITH JIMMY REX:Get to know more about Jimmy Rex: https://www.mrjimmyrex.com/ Get his book, You End Up Where You’re Heading: https://whereyouareheading.com/bookRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Investment Taxes…What You Need to KnowDoing Nothing with Your Money Isn't An Option!Q&A Why Taking a 401K Loan Can Destroy Your Wealth RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Investment Taxes…What You Need to Know: https://www.youtube.com/watch?v=8I2VnoVMlUo Doing Nothing with Your Money Isn't An Option! :https://youtu.be/vlM4dVTh15Q  Q&A Why Taking a 401K Loan Can Destroy Your Wealth: https://youtu.be/fuasu0zN3to PRE-ORDER MY NEW 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.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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comCONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabraham

Ready to explore differences between quiet and loud millionaires? I'll discuss why quiet wealth holds more value, covering financial security, lower stress, and internal values. Tune in to learn about unique qualities of quiet millionaires, their modest living, wise investments, and giving back quietly. Discover advantages of choosing a quieter path to wealth for your financial journey.IN TODAY’S EPISODE, I DISCUSS: -The benefits of living modestly and authentic living-Tactics for investing wisely and avoiding excessive spending-The value of maintaining privacy and giving back discreetlyRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Today to Pay Less Tax and Keep More MoneyQ&A - Should I Invest in a Roth or Traditional IRAHow to Actually Make Money InvestingUsing Target Date Index Funds to Build Wealth    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM Q&A - Should I Invest in a Roth or Traditional IRA: https://youtu.be/tDR79fLRG8I How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE PRE-ORDER MY NEW 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.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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabraham

Are you feeling knocked down by financial setbacks and ready to mount a powerful comeback? I've been in the trenches where a single ill-advised move cost me $1M—an experience that is as humbling as it is crushing.In this deeply personal episode, I open up about the emotional whirlwind of losing a fortune and the concrete steps I took to rise from the ashes and rebuild my wealth—tripling what was lost within 18 months. I'll share the critical mistakes that led to my financial downfall and the essential mindset shifts that spearheaded my recovery.Looking for a blueprint to bounce back from financial loss and build a secure future? Dive into the full episode now!IN TODAY’S EPISODE, I DISCUSS: - The emotional journey from losing $1M to reclaiming my financial destiny- The pitfalls of ignoring due diligence and the lure of high-return promises- How I modified my investment strategy and what specific rules I now followRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Actually Make Money InvestingDo THIS Every Time You Get Paid (Paycheck Routine)Why HSA Accounts Are So PowerfulCancer Was a Gift    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE Do THIS Every Time You Get Paid (Paycheck Routine): https://youtu.be/N24cCb2FgUg Q&A - Why HSA Accounts Are So Powerful: https://youtu.be/GGv6ldvCe6E Cancer Was a Gift: https://youtu.be/w2_oli9LJK8 PRE-ORDER MY NEW BOOK (Get $1300 in bonuses FREE):“Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!” – YourMoneyMachineBook.comTAKE 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  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Facebook - https://www.facebook.com/melhabraham Instagram - https://www.instagram.com/melabraham9 YouTube - www.youtube.com/user/MelHAbraham  Twitter - https://twitter.com/MelHAbrahamLinkedIn - https://www.linkedin.com/in/melhabraham/

In this episode, I delve into the harmful money mindsets and behaviors that have been ingrained in us from an early age. I discuss the traditional earnings formula that keeps us trapped in the cycle of trading time for money and offer insights into the lesser-known wealth formula that uses money to make more money. I also talk about the importance of leveraging productive debt and understanding the taxation system to maximize our financial gains.IN TODAY’S EPISODE, I DISCUSS: The harmful impact of the earnings formula on our wealth creation journeyShifting our mindset towards the wealth formula and leveraging productive debtUnderstanding the opportunities in market downturns and the importance of making investing a priorityRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Get the Right CPA & Why It Matters7 Money Excuses That'll Keep You Broke!Your Financial Advisor May Not Be Telling You the Truth!Traditional Financial Advice Doesn't Work for Entrepreneurs    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE Your Financial Advisor May Not Be Telling You the Truth!:https://youtu.be/1FDZfejefQ8 Traditional Financial Advice Doesn't Work for Entrepreneurs: https://youtu.be/Rz3gSOxSeWQ  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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

What if I tell you that fear, yes, fear, can be your compass to a life fully unleashed and lived out loud?In today's fascinating chat with Farnoosh Torabi, we're cutting through the noise of financial fears and biases that hold us back. Farnoosh isn't just talking the talk; she's walked the walk, turning her fear into a blueprint for a fulfilled life with her book, A Healthy State of Panic. We're diving deep into her journey, from overcoming debt to embracing the role of being a financially successful woman in a relationship. Don't let another day slip by ruled by doubt. Tune in now, and let's conquer those fears together – it's your first step to freedom.IN TODAY’S EPISODE, I DISCUSS: Financial biases and personal narratives around moneyThe interconnection of money, life, and overcoming fearsStrategies for embracing fear and uncertainty in personal and financial growthCONNECT WITH FARNOOSH TORABIGet to know more about Farnoosh Torabi: https://farnoosh.tvFollow Farnoosh on Instagram: https://www.instagram.com/farnooshtorabiGet her book, A Healthy State of Panic : https://ahealthystateofpanic.comSubscribe to So Money podcast: https://podcasts.apple.com/us/podcast/so-money-with-farnoosh-torabi/id955939085RECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Protecting What Matters with Trent SheltonGetting What You Really Want with Cayla CraftAre You Really Living a Rich Life or a Bankrupt One?How to Do Money Right As a FamilyTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Ready to make the most of your unexpected cash influx?I'll guide you through strategic ways to use an unexpected windfall to kick-start your path to financial freedom. I break down important steps to take before putting your money to work, including understanding your financial purpose, getting started with minimal funds, and investing in your financial education. I also delve into prioritizing funds for a comfort fund, eliminating destructive debt and building a peace of mind fund, and maximizing investment opportunities like 401(k) matching and Roth IRAs.IN TODAY’S EPISODE, I DISCUSS: The importance of putting an unexpected windfall aside and doing nothing initiallySteps to prioritize funds for comfort, eliminating destructive debt, and building a peace of mind fundRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Machine for Financial FreedomMy Greatest Money Lesson Came from a 6-Year Old7 Money Excuses That'll Keep You Broke!What to Do Today to Pay Less Tax and Keep More Money    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Create a Money Machine for Financial Freedom: https://youtu.be/ZXK7bnqrqcw My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you ready to elevate not just your game but your life? It's about lighting that inner fire and living with purpose!In today’s episode, I dive deep with Ben Newman, powerhouse coach and Wall Street Journal best-selling author, into what it takes to set the bar high and live up to it every single day. Ben shares heartfelt stories, including his mother's awe-inspiring battle with a rare disease, and how these personal experiences fuel his relentless drive. From the football field with Nick Saban to the boardrooms, he underscores the value of discipline, authenticity, and a 'never finished' attitude in leadership and success.Ready to ignite your "burn" and raise your standards? Press play on the full episode now!IN TODAY’S EPISODE, I DISCUSS: Ben Newman's philosophy on living by standards and the meaning of true leadershipHow successful leaders and high performers harness personal adversity to fuel their driveThe significance of sharing not just our victories but also our struggles and learning experiencesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:The 25 Top Money Books I've Read (What I Learned)Traditional Financial Advice Doesn't Work for EntrepreneursBuild Wealth & Live a Rich Life at Any Age (My so n's journey)How to Do Money Right As a Family   RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:I Read 40 Books on Money... Here's what will make you rich: https://youtu.be/IVrVC8smFS4 Traditional Financial Advice Doesn't Work For Entrepreneurs :https://youtu.be/GZTaw24Hnc4 Build Wealth & Live a Rich Life at Any Age (My son's journey): https://youtu.be/5p7OVp2pAbM How to Do Money Right as a Family:https://youtu.be/vZqfINfPNoo 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok:

Dive into the fundamental money habits that could be keeping you from achieving financial freedom in this eye-opening episode. From the importance of tracking your numbers to making investing a priority, Mel takes you through the habits that could be holding you back from the financial freedom you deserve. This episode empowers you with real, actionable steps to break these habits and replace them with wealth creation habits. Understanding the difference between savings and investing or the impact of taxation on wealth creation, Mel provides insightful guidance to help you take control of your financial future.IN TODAY’S EPISODE, I DISCUSS: The importance of tracking your financial numbersMaking investing a priority over spendingThe significance of a peace of mind fund for financial stabilityRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsHow to Get the Right CPA & Why It MattersDemystifying Your Credit Score & Does It MatterWhat to Do Today to Pay Less Tax and Keep More Money    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you struggling to maintain your equilibrium in a world that constantly pushes your boundaries? How many times have you said "yes" when every fiber of your being was screaming "no"?In this heart-to-heart with Trent Shelton, we dive deep into the art of safeguarding what's truly vital—our peace. I'm stoked about Trent’s upcoming book, "Protect Your Peace," which adds a fresh perspective to the conversation on emotional well-being. Our honest discussions shed light on the challenging lessons surrounding trust, letting go, and the real struggle to maintain inner calm amid life's chaos.So, if you're ready to stop shuffling your feet at the edge of life's battlefield and start living your best life, this is one episode you've got to hear. Tune in, set your boundaries, and learn to protect what truly matters.IN TODAY’S EPISODE, I DISCUSS: The art of setting boundaries for personal growthChoosing peace over people-pleasingThe impactful strategies from Trent Shelton’s book "Protect Your Peace"CONNECT WITH TRENT SHELTONVisit Trent Shelton’s website: https://www.trentshelton.comPre-Order 'PROTECT YOUR PEACE' to receive bonus gifts: https://www.trentshelton.com/bookFollow Trent on IG: https://www.instagram.com/trentshelton/?hl=enSubscribe to Trent’s YouTube page: https://www.youtube.com/channel/UCkwdk8T8kJAzH7CusCv8QoARECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Are You Really Living a Rich Life or a Bankrupt One?A New Path to Conversation, Connection & Conversion with Natasha WillisFulfillment & Wealth Through a Personal Brand with Rory VadenBuild Wealth & Live a Rich Life at Any Age (My son's journey)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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you ready to take control of your financial future and maximize your paycheck with smart money management?In this episode, I delve into the critical steps you need to take when you receive your paycheck. I guide you through creating a cash resource plan, understanding your needs, wants, and deletes, and share strategies to manage your money effectively.From setting up a comfort fund to automating your investment contributions, I'll equip you with the tools to make the most of every dollar you earn.If you're ready to accelerate your path to financial freedom and build your money machine, don't miss this episode!IN TODAY’S EPISODE, I DISCUSS:- Creating a cash resource plan to allocate every dollar a job description- Understanding your needs, wants, and deletes to manage your financial flow effectively- The wealth priority ladder and how to automate your investment contributionsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Greatest Money Lesson Came from a 6-Year OldShould I Rent or Buy a HomeWhat to Do If You Think You’re Gonna Get Laid OffGetting Your Partner on the Same Money Page    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Greatest Money Lesson Came from a 6-Year Old: https://youtu.be/BV1_GM9Ku_M Should I Rent or Buy a Home: https://youtu.be/Dy7NyPqrCHE What to Do If You Think You’re Gonna Get Laid Off: https://youtu.be/QYOW2nUbDr8 Getting Your Partner on the Same Money Page: https://youtu.be/BaAW-JswkXQ 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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” – 

The journey towards achieving our deepest desires often begins with a single, yet profound question: What do we really want? In this episode, we delve into the power of self-inquiry and strategic decision-making that propels us toward our goals. Joining us is Cayla Craft, a renowned coach and mentor known for her dynamic approach to empowering individuals in the pursuit of their ambitions. Cayla's reverse-engineered coaching method from her network marketing triumph is sure to light a fire under you.The conversation pivots around Cayla's framework outlined in her book, What Do You Really Want?  Here, she emphasizes seven pivotal questions designed to empower your personal and professional journey towards success.If you're at a crossroads, seeking clarity on your path forward, or simply looking to infuse your life with more intention and fulfillment, this episode with Cayla Craft is a must-listen. Tune in to discover how to articulate what you really want and take the steps to make it your reality.IN TODAY’S EPISODE, I DISCUSS:The seven critical questions that guide you to clarity and purposePractical strategies for aligning your decisions with your deepest desiresEmbracing emotions as feedback, not identityCONNECT WITH CAYLA CRAFT:Get to know more about Cayla Craft: https://caylacraft.comGet her book, What Do You Really Want?: https://www.craftedoffer.comRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Actually Make Money InvestingMy Money Planning Process to Achieve Your GoalsAre You Really Living a Rich Life or a Bankrupt One?A New Path to Conversation, Connection & Conversion with Natasha WillisTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you at a crossroads trying to figure out how high earners actually manage their investments? There's a whole lot more than just raking in the cash; it's about planting it smartly!In this thought-provoking episode, I unravel the wisdom and strategies behind how high earners channel their finances into avenues that accelerate wealth. I will guide you through the principles of the "wealth priority ladder," where every dollar is earmarked for prosperity. You'll find out why some high earners are still caught in the paycheck-to-paycheck snare and how to sidestep that trap by smart management of both your earnings and outgoings.Ready to revolutionize your approach to financial security and pave the path to true financial freedom? Plunge into the full podcast now!IN TODAY’S EPISODE, I DISCUSS:Creating a cushion with a 'comfort fund' to cover unexpected expensesThe critical steps to eliminate 'destructive' debt and balance it with wealth creationDesigning a 'peace of mind fund' tailored for entrepreneurs and main income earnersInvesting strategies for high earners including maxing out 401(k)s, understanding Roth IRAs, and utilizing the mega backdoor RothTaking advantage of tax-advantaged accounts before moving to regular brokerage accountsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsWhy HSA Accounts Are So PowerfulShould You Use a HELOC to Payoff Your Mortgage?Are You Really Living a Rich Life or a Bankrupt One?    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y Why HSA Accounts Are So Powerful: https://youtu.be/GGv6ldvCe6E Should You Use a HELOC to Payoff Your Mortgage?: https://youtu.be/_2Hu42no2IY Are You Really Living a Rich Life or a Bankrupt One?: https://youtu.be/yrredqHf09s 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  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/tubeInstagram (@melabraham9): M

Are you aiming to hit financial high notes and truly optimize your wealth-building journey in 2024? It's not just a dream; let's make it your reality!In today's riveting 70-minute episode, I peel back the curtain on the secrets to getting rich, and believe me, it's a game-changer. I share not only the essential principles of wealth accumulation but also the profound personal transformation that can redefine your relationship with money. From realizing the brevity of life due to an unexpected cancer diagnosis to learning how to control time through financial mastery, I get real about what it takes to earn, multiply, and ultimately, protect your wealth.Are you tired of just getting by? Yearning for financial liberation and the freedom to lead a life filled with purpose, presence, and peace? Then this episode is your ticket to the inner circle of affluent entrepreneurs.So, fire up your ambition and listen to the entire episode, because your financial renaissance begins now!IN TODAY’S EPISODE, I DISCUSS:The four stages of financial liberation – how to escalate from stability to financial freedom with tangible goalsThe four unshakeable financial principles that will be the cornerstone of your wealth in 2024The priceless insight into turning the tables on the economy, becoming a thermostat rather than a thermometerRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Do Money Right As a Family Getting Your Partner on the Same Money PageYour Financial Advisor May Not Be Telling You the Truth! What to Do Now to Lower Taxes Before Year End RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Do Money Right as a Family: https://youtu.be/vZqfINfPNoo Getting Your Partner on the Same Money Page: https://youtu.be/BaAW-JswkXQYour Financial Advisor May Not Be Telling You the Truth!: https://youtu.be/1FDZfejefQ8 What to Do Now to Lower Taxes Before Year End: https://youtu.be/SPuxc6OhPn8 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  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/tubeInstagram (@melabraham9):&

Ready to enrich your financial knowledge with the top money books that have the power to change your money mindset? In this episode, I take you through the key books that have shaped my personal financial journey and that of my clients. From investment principles to mindset and psychology of money, I share the impactful takeaways from the 25 top money books I've read. Get ready to transform your relationship with money and gain valuable insights into wealth building, financial freedom, and the behavioral psychology behind financial decisions. Ready to build your own money machine and achieve financial liberation? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS:The principles of value investing and the importance of patience and disciplineThe concept of automating your financial life to build wealth effortlessly Key mindset and psychology principles that shape financial habits and attitudesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Create a Money Machine for Financial Freedom Generate & Scale Your Income to Build Wealth Faster7 Money Excuses That'll Keep You Broke! My Money Planning Process to Achieve Your Goals RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:Create a Money Machine for Financial Freedom: https://youtu.be/ZXK7bnqrqcw Generate and Scale Your Income: https://youtu.be/HMYpvK6NaNA 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you ready to understand the ins and outs of investment taxes? It's not just about paying up, it's about keeping more in your pocket!In today’s episode, I break down the complexities of investment taxes and how they impact your financial future. I discuss the different types of investment income, how they are taxed, and strategies to minimize your tax liability. From dividends to capital gains, I walk you through it all, so you can harness the power of the tax code to build your money machine.Want to take control of your financial future and keep more of your hard-earned money? Tune in to the full episode now!IN TODAY’S EPISODE, I DISCUSS: Taxation of dividends, including qualified and non-qualified dividendsThe taxation of interest income and its exceptions in federal and municipal bondsUnderstanding capital gains and the influences of short-term and long-term investmentsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Mutual Funds, Index Funds or ETFs, Which is Best?How to Actually Make Money InvestingQ&A - Should I Invest in a Roth or Traditional IRAWhy HSA Accounts Are So PowerfulTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you feeling lost in the sea of investment options? Want to know the differences between individual stocks, mutual funds, index funds, and ETFs? I've got you covered in this episode. We're breaking down the pros and cons of individual stocks, mutual funds, index funds, and ETFs. You'll discover the benefits of professionally managed mutual funds, the lower fee structure of index funds, and the flexibility of ETFs. I also delve into determining the most suitable individuals for various investment options, providing you with the information to make well-informed decisions about your financial future.By understanding these key factors, you can align your investment choices with your financial goals and needs. If you want to dive deeper into this topic, be sure to tune in to the full episode.IN TODAY’S EPISODE, I DISCUSS: Choosing between mutual funds, index funds, or etfs for your investment portfolioPros and cons of each investment optionHow to align investment choices with financial goalsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Q&A - Should I Invest in a Roth or Traditional IRAWhich is Better High Yield Savings Accounts or CDs?Annuities...Investment, Insurance or ScamUsing Target Date Index Funds to Build WealthTAKE 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  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/

How can entrepreneurs identify the right moments to seek publicity to maximize the impact on their brand and business?Join us in today's conversation with the incredible Selena Soo as we delve into the transformative role of publicity. We explore how it can be a game-changer, creating opportunities that enrich various aspects of your life.Selena shares her personal journey of transformation and how she's harnessed the art of engagement, making waves as a publicity expert. We chat about why it's crucial to weave in publicity as a strategy in your business, not just as a bonus, but as a foundational piece in building and recession-proofing your entrepreneurial empireSo if you're ready to carve out your slice of the media's spotlight and craft a legacy that's both lucrative and lasting, let's turn up the volume! You don't want to miss a beat of today's episode..IN TODAY’S EPISODE, I DISCUSS: Selena Soo's personal journey and how she leverages PR for business successHow to use PR to scale your brand and open countless opportunitiesStrategies for crafting a rich life that transcends financial wealthCONNECT WITH SELENA:Grab Selena's PR Calendar here: impactingmillions.com/mel Visit her website: https://www.selenasoo.comRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Are You Really Living a Rich Life or a Bankrupt One?Doing Nothing with Your Money Isn't An Option!Fulfillment & Wealth Through a Personal Brand with Rory VadenHow to Live a Fully Expressed Life with Rachel LunaTAKE 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  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/

Is it possible to secure more than just a stable return on your investments? Join me as we dissect the strategies that deliver real, tangible results in the world of investing.Today, we're getting real about investing - not just the glam you hear, but the genuine path to filling up your bank account. I dive deep into where your money can actually work for you, covering everything from the safety net of high-yield savings to the exciting world of private equity. We're talking real estate goldmines, stock market strategies, and even the digital cash cow of content creation – yes, you can invest in your words! For those looking to demystify the complexities of investments and sharpen their financial acumen, this episode can't be missed.IN TODAY’S EPISODE, I DISCUSS: Ten ways to make money through investingPros and cons of investing in individual stocks versus index funds and ETFsThe complexities of property management and potential high risks involvedRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:My Money Planning Process to Achieve Your GoalsAre You Really Living a Rich Life or a Bankrupt One?Annuities...Investment, Insurance or ScamQ&A Why Taking a 401K Loan Can Destroy Your WealthTAKE 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  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/

The decision to invest in a college education carries more weight today than ever before. With escalating costs and evolving job markets, the question isn't just about getting a degree; it's about making smart financial choices for the future. In this episode, I tackle the critical aspects of investing in education and the nuances of funding college. It's a deep dive into balancing the scales of knowledge acquisition and savvy financial planning.I also explore various financial vehicles like UTMA, UGMA accounts, 529 accounts, Roth IRAs, and others, dissecting their advantages and potential pitfalls. It's not just about choosing the right account; it's about understanding how these decisions ripple through your financial life.So make sure to catch this episode – it's packed with insights that could be vital in securing a stronger financial future for you and your family. IN TODAY’S EPISODE, I DISCUSS: Tax implications and benefits of UTMA/UGMA accounts versus 529 and Roth IRAsStrategies for paying for college without jeopardizing your retirementThe true cost of student loans and how to guide your kids towards financial savvinessRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Which is Better High Yield Savings Accounts or CDs?How to Do Money Right As a FamilyBuild Wealth & Live a Rich Life at Any Age (My son's journey)Wealth By The Decade - Roaring 20sTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

When it comes to IRAs, do you go traditional or do you choose the Roth path? It's a common question, and honestly, both have their benefits and potential drawbacks. In this episode, I break down the complexities of Roth and Traditional IRAs, covering crucial aspects like tax benefits, contribution limitations, early withdrawals, investment options, and more. The aim is to provide you with the knowledge needed to make well-informed financial decisions that align with your future goals.Don't forget, understanding the specifics of Roth and Traditional IRAs is essential for anyone mapping out their financial future. Be sure to tune in to the full episode to absorb all the valuable insights and take charge of your financial destiny.IN TODAY’S EPISODE, I DISCUSS: Tax advantages of Roth IRA and Traditional IRAContributions and withdrawals comparisonIncome and contribution limits breakdownRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Why HSA Accounts Are So PowerfulWhat to Do Today to Pay Less Tax and Keep More MoneyDemystifying Your Credit Score & Does It MatterShould You Convert Your IRA to a Roth IRA?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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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

The journey to financial freedom isn't just about crunching numbers and watching your bank account grow; it's a transformative process that aligns your goals with your money.Join me on this episode as we explore the world of accounting and tax professionals. I'll be sharing how to discern between different types of accountants, ways to find the right fit for your business, and the pivotal role these professionals should play in your financial journey.When it comes to finding the right accountant, there's no one-size-fits-all approach. As we discuss the different categories of tax professionals – from bookkeepers to CPAs and tax strategists – you'll gain clarity on what each brings to the table and which one aligns best with your business needs.Don't miss out on this episode - your business future may depend on it. Tune in, absorb the insights, and take actionable steps towards securing the right accountant for your financial journey.IN TODAY’S EPISODE, I DISCUSS: The categories of accounting professionalsThe difference between CPAs, tax preparers, and tax strategistsHow to choose the right CPA to guide you on your financial journeyRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Why HSA Accounts Are So PowerfulWhat to Do Today to Pay Less Tax and Keep More MoneyAnnuities...Investment, Insurance or ScamWhat to Do Now to Lower Taxes Before Year EndTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Imagine ending the year not just with a bang, but with a clear blueprint for your finances. Sounds too good to be true? Not at all! I'm here to share actionable strategies that will change the way you think about and use your money. We've all been there – swiping the card, not sure where the cash flows. But here's the thing: being intentional with every dollar is like a power play in the game of wealth. So, let's slice through our expenses, pump up those savings, and light the path to not just surviving, but thriving in every aspect of our lives. This isn't just about numbers and accounts; it's about crafting a life rich with success, health, and meaningful relationships. We're going big today, my friends, and by the time we're done, you'll have a money plan that's not only bulletproof but also bursting with potential.Don't let another year slip by without aligning your cash with your aspirations. Tune into the episode and walk away equipped to make those dollars dance to your tune. Let’s make this a journey of financial enlightenment we take on together!IN TODAY’S EPISODE, I DISCUSS: Intentional spending and creating a financial plan with vision and purposeThe importance of saving, investing, and understanding your expenseYear-end reflections and setting goals for health, wealth, and joyRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:What to Do Today to Pay Less Tax and Keep More MoneyWhat to Do Now to Lower Taxes Before Year EndAre You Really Living a Rich Life or a Bankrupt One?Cancer Was a GiftTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Today, we're tackling a question that's been coming up quite a bit - the power of HSA accounts. Now, if you've ever wondered just how impactful they can be for your investments and medical care, stick around, and I'll break it down for you.I'm thrilled to dive into today's episode, addressing a question from Kevin about HSA accounts. We'll unravel the layers of this financial tool, discussing qualification criteria, the triple tax advantages it offers, and the strategic ways to make the most out of it. This episode is all about empowering you to make the most informed financial decisions.So, if you're curious about optimizing your investments and managing medical expenses wisely, this episode is tailor-made for you.Have burning questions about finance, entrepreneurship, or anything in between? Drop them at askmelnow.com, and I might just answer them in the next episode. Let's make this journey to financial liberation a collaborative and enlightening experience. Can't wait to hear from you!IN TODAY’S EPISODE, I DISCUSS: The criteria for qualifying for an HSA accountThe triple tax advantages of HSA accountsThe long-term investment potential of HSA accountsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Should You Use a HELOC to Payoff Your Mortgage?What to Do Today to Pay Less Tax and Keep More MoneyAnnuities...Investment, Insurance or ScamQ&A Why Taking a 401K Loan Can Destroy Your WealthTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Choosing between high-yield savings accounts and CDs is a big deal when it comes to planning your financial journey. It's a bit like deciding which road to take on a map—each has its own route, and you want to pick the one that gets you where you want to go most effectively.In this episode, I'll break down the pros and cons of each option, empowering you to make the best decision.We'll explore the difference between CDs (not the ones you play music on; we're talking certificates of deposit) and high-yield savings accounts. Are CDs making a comeback? Should you be using high-yield savings accounts instead? I've got all the answers right here for you!Remember, there's no one-size-fits-all solution. It all depends on your specific financial goals and circumstances. But armed with the information we discuss in this episode, you can make an informed decision that best suits your needs.IN TODAY’S EPISODE, I DISCUSS: Pros and cons of CDs and high-yield savings accountsHow to use a CD ladder for increased liquidityThe benefits of high-yield savings accounts for short-term needsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Should You Use a HELOC to Payoff Your Mortgage?Making Sense of Life Insurance - What to Avoid!Using Target Date Index Funds to Build WealthQ&A Why Taking a 401K Loan Can Destroy Your WealthTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Have you ever wondered if you're truly living a rich life or one that feels bankrupt on the inside? Join me in a thought-provoking episode where we dive deep into the meaning of wealth and fulfillment that extends beyond the surface.This isn't your typical episode. I'll be replaying a mentoring session with one of my elite clients, where we delved into the challenges of business, fulfillment, and life. We explored why focusing only on profits and systems can leave us feeling empty and how to build a business that aligns with the richness of lifestyle, legacy, and values.Discover how aligning your business decisions with a rich life above the line can lead to true affluence. Tune in and start your journey to a life that's not just financially successful, but deeply fulfilling and enduringIN TODAY’S EPISODE, I DISCUSS: The importance of measuring wealth in time and making each moment countThe common mistake entrepreneurs make of focusing solely on profits and successThe game-changing framework for prioritizing values, meaning, lifestyle, and legacyRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Fulfillment & Wealth Through a Personal Brand with Rory VadenThe Tipping Points to My Wealth Journey with Corene PhelpsHow to Expand Your Money Thinking with Chris HarderWhat to Do When Your Financial World is Crumbling with Brandi MowlesTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

The idea of using a Home Equity Line of Credit (HELOC) to pay off your mortgage is an intriguing financial strategy that has gained popularity in recent years. It's often touted as a way to save money on interest and potentially pay off your mortgage faster. But is it the right choice for you? In this episode, I aim to provide a comprehensive and well-rounded perspective on the subject. By doing so, I can help you gain a deeper understanding of the HELOC strategy and its associated implications. It is essential to consider both the advantages and potential risks before deciding if this approach aligns with your overarching financial goals.If you are seeking clarity on whether using a HELOC to pay off your mortgage is a suitable path for your financial journey, and if you want to make an informed decision that aligns with your unique circumstances, this episode is a must-watch.IN TODAY’S EPISODE, I DISCUSS: How a HELOC worksThe potential benefits and pitfallsThe pros and cons of using a HELOC to pay off your mortgageRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Annuities...Investment, Insurance or ScamWhat to Do Now to Lower Taxes Before Year EndQ&A Why Taking a 401K Loan Can Destroy Your WealthMy Favorite Investing Accounts (And How to Maximize Your Returns)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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

With tax rates approaching 40-50% in some states, every dollar saved is significant. What can you do right now to reduce your tax bill and keep more of your hard-earned money?In this episode, I share a checklist of 10 impactful tax strategies to consider implementing before December 31st. From reviewing your income and expenses to maximizing retirement savings and potentially converting IRAs to Roth, learn practical tips that may help lower your tax obligation and increase your take-home pay.The time to act is now. Let's make sure you're not overpaying in taxes and that you're on the path to a more prosperous financial future. So, join me as I uncover the secrets to paying less tax and keeping more of your hard-earned money.IN TODAY’S EPISODE, I DISCUSS: Updating wills and trusts for life eventsTax advantages of S corporation over LLCReviewing income and expenses for tax planningRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Annuities...Investment, Insurance or ScamWhat to Do Now to Lower Taxes Before Year EndQ&A Why Taking a 401K Loan Can Destroy Your WealthMy Favorite Investing Accounts (And How to Maximize Your Returns)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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are annuities the key to creating wealth and financial security, or are they just another scheme? Get ready as we dive into the world of annuities and uncover the truth behind this controversial financial product.In this episode, I’ll discuss the pros and cons of annuities and the potential pitfalls to watch out for when considering this financial product.We’ll talk about the need for entrepreneurs to create success beyond wealth and how annuities can provide a steady stream of income. I’ll delve into the different types of annuities, their issues, and the importance of understanding the fees and complex structures associated with them. And, I’ll share real-life examples and cautionary tales to help you make informed decisions.Whether you're striving to safeguard your financial future or seeking clarity on whether annuities align with your investment goals, don't miss this episode. Tune in to gain valuable insights and safeguard yourself against potential scams or costly missteps.IN TODAY’S EPISODE, I DISCUSS: The different types of annuities and their pitfallsThe need for success beyond wealth and how annuities can play a roleThe importance of understanding fees and complex structuresRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Q&A Why Taking a 401K Loan Can Destroy Your WealthMaking Sense of Life Insurance - What to Avoid!Using Target Date Index Funds to Build WealthMy Favorite Investing Accounts (And How to Maximize Your Returns)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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

As the year-end is closing in, it's a great time to chat about how to keep more of your hard-earned cash in your pocket.By making some clever money moves before December 31, you can seriously cut down on what you owe when tax season rolls around.In this episode, I’ll guide you through strategic steps to minimize your tax burden. We'll discuss reviewing expenses, verifying classifications, and maximizing deductions. And, we'll delve into the benefits of retirement plans, charitable donations, and the intricacies of crypto transactions.Being proactive in your tax strategy can result in more money in your pocket and help you achieve your financial goals. So, stick around to find out what you can do now to max out your deductions and minimize your tax worries before the year's up.IN TODAY’S EPISODE, I DISCUSS: Reviewing expenses and correct classificationHow Section 179 impact equipment expenses and potential tax deductionsConsulting a tax advisor for deductions and strategiesRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Q&A Why Taking a 401K Loan Can Destroy Your WealthMaking Sense of Life Insurance - What to Avoid!Using Target Date Index Funds to Build WealthDoing Nothing with Your Money Isn't An Option!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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

Are you considering taking a loan from your 401(k) retirement account? While it might seem like a quick fix to financial challenges, it's essential to understand the potential consequences.In this episode, I’ll discuss the three most important things you need to know about taking a 401K loan: the automated payment process, the Wealth Priority Ladder, and the potential consequences of not being able to repay the loan.We’ll also talk about how setting up automated payments for your 401K loan can seem like a convenient and hassle-free way to pay back the borrowed funds. However, we’ll delve into why relying on this automated process might not be as beneficial as it initially appears.If you're looking to achieve long-term financial freedom, it's essential to understand the potential pitfalls of taking a 401K loan. Join me in this episode to learn more and make informed decisions about your financial future.IN TODAY’S EPISODE, I DISCUSS: The automated payment process for 401K loansThe importance of the wealth priority ladder in financial planningThe potential consequences of not being able to repay a 401K loanRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Making Sense of Life Insurance - What to AvoidUsing Target Date Index Funds to Build WealthHow to Invest in ETFs & Index Fund to Create WealthMy Favorite Investing Accounts (And How to Maximize Your Returns)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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

I get it, trying to wrap your head around life insurance can be pretty overwhelming with all the different choices out there.But let's keep it real and break it down. We're going to figure out what you should really be on the lookout for in a life insurance policy and steer clear of some common mistakes.In this episode, I'll break down the different policy options and dispel the misconception that life insurance is all about making an investment. Even more importantly, I'll point out some traps you should avoid so you don't end up buying something you don't need.Remember, life insurance isn't a one-size-fits-all solution. It's designed for a specific purpose, so you should tailor it to your own needs and goals. Skip the flashy ads and complex schemes, and focus on a simple, straightforward financial plan that suits you.So, give this episode a listen for a deep dive into the world of life insurance.IN TODAY’S EPISODE, I DISCUSS: The pros and cons of term life insuranceThe benefits and drawbacks of whole life insuranceHow to avoid getting caught in misleading investment claimsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Using Target Date Index Funds to Build WealthHow to Invest in ETFs & Index Fund to Create WealthMy Favorite Investing Accounts (And How to Maximize Your Returns)Why Knowing Your Financial Numbers is Vital to Your FutureTAKE 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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/

When you're just starting out, and you're wondering where to invest your hard-earned cash, what do you do? Individual stocks? Mutual funds? Index ETFs? It can be overwhelming, I know.In this episode, we're going to simplify your decision-making process and introduce you to a safe and effective way to build wealth - target date index funds.I’m going to walk you through what target date index funds are, how they're used, why they're important, and when you should use them. You won't want to miss this!If you're looking to simplify your investment strategy and build wealth in a safe way, target date index funds are the way to go. Join me in this episode to learn all about them and take control of your financial future.IN TODAY’S EPISODE, I DISCUSS: Understanding risk profiles and their impact on investingThe drawbacks of investing in individual stocksThe benefits of target date index fundsRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:Demystifying Your Credit Score & Does It MatterHow to Invest in ETFs & Index Fund to Create WealthMy Favorite Investing Accounts (And How to Maximize Your Returns)How the Top 1% Earners Accelerate Their Wealth (It's Not By Getting a Raise)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  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/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook 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/