Channel Title: Mel Abraham Channel Description: Are you an entrepreneur or employee looking for financial freedom? It doesn't need to be complex if you have the right plan, tactics and strategies. This channel is dedicated to your journey and helping you create the financial legacy you deserve. I'm a CPA by education but an entrepreneur by exhilaration, and Author of the #1 Bestseller, The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans & Freedom. After finding a cancerous tumor in my bladder larger than a baseball in June 2019, I began to openly teach The Affluence Blueprint because my cancer journey spotlighted the immediate & urgent need for entrepreneurs to find “financial liberation” and peace of mind. This is the very process & system I used to build my business & my wealth through business that allowed me to not worry about money during my healing. Most entrepreneurs are building a financial house of cards & don’t even realize it...& traditional financial advice won't work for them. <video> I've been saying this for over a decade. People still don't get it. Description: Ever wondered why most people are still unprepared for life's financial emergencies, even when they understand the importance of savings? It's time to change that mindset! In this episode of the Building Your Money Machine Show, I'm going to explain why having a 9 to 18-month emergency fund, or as I call it, a "peace of mind fund," is essential for protecting your wealth. I'll share my personal story of how an emergency fund saved me during tough times and provide you with actionable steps to ensure you and your family's financial stability. From choosing the right place to keep your emergency fund to understanding the real-life consequences of not being prepared, this episode is packed with valuable advice to set you on the path to financial security. You’ll learn why three to six months of savings is not enough and how the right strategy can help you avoid high interest debt and stressful financial decisions in times of crisis. Join me as I debunk common money myths and guide you through the process of building a robust financial safety net. IN TODAY’S EPISODE, I DISCUSS: - The real importance of an emergency fund and why 3-6 months isn't sufficient. - How to calculate your essential monthly expenses and start saving. - The best places to keep your emergency fund for safety and liquidity. - The emotional and financial stress of not having an emergency fund. - Steps to build and maintain a 9-18 month peace of mind fund. ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Need 9-18 months savings for financial emergencies. 05:49 Emergency funds should exceed three to six months. 07:56 Pushed out, started over, faced medical challenges. 09:49 Results depend on personal life circumstances. 13:23 Emergency funds preserve financial freedom during crises. 17:07 Start building now for financial protection, security. </video> <video> What to do when you lose $170k in an hour Description: Jerome Powell spoke today and the Feds reduced interest rates by 0.25% (good thing). They hinted at fewer rate reductions in 2025 thought (bad thing). Markets reacted in a big way. </video> <video> Master Your Money Masterclass Description: How to Build Wealth and Eliminate Financial Stress in 5 Simple Steps—Without a Finance Degree Imagine waking up each day knowing your bills are covered, your investments are growing, and your future is secure. No more worry, angst or confusion around your money or your financial future. I got your back!... Go to MasteringYourMoneyNow.com JOIN ME LIVE </video> <video> The Wealthiest People I've Known Have Master These 6 Skills Description: Ever wonder what separates the wealthy from everyone else? Curious why some people struggle to build and keep wealth no matter how hard they try? In this episode of the Building Your Money Machine Show, I unravel the six key skills that the wealthiest people I know have mastered. Skills that not only build but protect and grow their wealth over time. This episode isn’t about where you were born, your education, or how much money you make—it's about the unique set of skills that anyone can develop to accelerate their path to financial freedom and a life of abundance. Join me as I dive into these powerful wealth-building skills and share actionable steps you can start applying today. From mastering the art of patience and financial literacy to leveraging emotional intelligence and adaptability, I'll guide you through the essential habits and mindsets that will put you on the path to lasting wealth. Get ready to transform your financial journey with insights and tips that go beyond just saving and investing. Let’s build a life of choice and abundance together! IN TODAY’S EPISODE, I DISCUSS: - The importance of patience and delayed gratification in wealth-building - Why financial literacy is the foundation of financial success - How emotional intelligence can prevent bad money decisions - The role of adaptability and flexibility in navigating financial changes - The significance of resourcefulness in maximizing your financial potential - The power of discipline in maintaining consistent financial habits - The impact of generosity on a fulfilled, abundant life ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 What are the skills that separate the wealthy? 01:21 The first key skill: Mastering the art of patience. 05:01 Skill number two: Financial literacy. 07:21 Skill number three: Emotional intelligence. 09:56 Skill number four: Adaptability. 12:11 Skill number five: Resourcefulness. 14:44 Skill number six: Discipline. 18:05 Bonus skill: Generosity and its impact on true wealth. 18:26 Developing these skills to achieve a life of choice and abundance. </video> <video> The biggest wealth transfer in US history is happening right now... Description: Wondering how to strategically position yourself to benefit from the largest wealth transfer in U.S. history? You're in the right place! In today's episode of the Building Your Money Machine Show, we dive into the massive 84 trillion-dollar wealth transfer that's set to revolutionize the financial landscape over the next 20 years. Whether you’re set to inherit wealth or not, there's a treasure trove of opportunities waiting for you. I'll break down how this transfer includes real estate, farms, businesses, portfolios, and even alternative assets like art and antiques. I also explain step-by-step how to prepare yourself for these opportunities by increasing your financial literacy, getting your finances in check, and understanding the specific markets and sectors that will benefit from this shift. This episode is packed with actionable insights to ensure you make the most out of this historic financial wave. Get ready to be informed, inspired, and equipped to seize your piece of the pie. Buckle up and let's master the money game together! IN TODAY’S EPISODE, I DISCUSS: - The upcoming $84 trillion wealth transfer and its implications - Specific asset classes involved in this transfer and how to invest in them - Strategies for increasing your financial literacy to capitalize on future opportunities - Real-life examples of acquiring businesses and assets ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Introduction to the historic $84 trillion wealth transfer 01:12 Breakdown of where this wealth is going 02:09 Real Estate: Opportunities in the housing market 05:07 Farms: The shift in agricultural land ownership 08:19 Businesses: Acquiring profitable enterprises 10:11 Portfolios: Impact on stock markets and investments 11:58 Alternatives: Investing in collectibles, art, and other treasures 14:06 Preparing yourself financially to seize these opportunities 16:02 The importance of financial literacy 17:59 Industries that will benefit from the wealth transfer 19:36 Conclusion and actionable steps </video> <video> The Underrated Way of Building Wealth No One Talks About Description: Ever wondered if the richest moments in your life have nothing to do with money? You're not alone, and today’s episode is here to reveal how true wealth transcends dollar signs and bank accounts. Welcome back to another episode of the Building Your Money Machine Show, where we're diving deep into the values that create a truly fulfilling life. I’m Mel Abraham, and today we’ll explore the moments, relationships, and experiences that fill our hearts with joy and meaning. As we navigate through Thanksgiving morning, it’s the perfect time to reflect on gratitude, generosity, and the legacy you create every day. In this special episode, I’ll share how financial success isn't just about the numbers but the richness of living your values. We’ll cover why financial freedom is essential to fully express those values and how generosity and gratitude are the true sources of wealth. From finding happiness in time over money to building a legacy in the present moment, this episode offers a heartfelt guide to A life well-lived beyond financial metrics. IN TODAY’S EPISODE, I DISCUSS: - Shifting focus from financial success to meaningful relationships - The importance of valuing time over money for true happiness - How generosity and gratitude enrich your life - Simple steps to financial freedom to support your values and goals - Redefining legacy as the impact you make in others’ lives today ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Understanding true wealth beyond money. 01:01 Why gratitude and relationships matter. 02:00 Reflecting on life during Thanksgiving. 03:24 Financial freedom's role in living your values 04:19 Misconceptions about money and fulfillment. 05:32 The power of shared experiences and relationships. 06:24 Prioritizing time over money for happiness. 08:46 Generosity as a cornerstone of true wealth. 11:01 Giving time and resources to support others. 12:40 Volunteering and its impact on longevity. 13:36 The practice of gratitude and its benefits. 16:34 Daily gratitude exercises for a rich life. 18:18 Financial freedom as a tool for meaningful living. 19:18 Three key steps for financial planning. 23:03 Redefining legacy as everyday impact. 25:28 Connecting wealth-building to life richness. 26:42 Final reflections and holiday wishes. </video> <video> THE MASTERING YOUR MONEY WORKSHOP™ Description: How to Build Wealth and Eliminate Financial Stress in 5 Simple Steps—Without a Finance Degree Imagine waking up each day knowing your bills are covered, your investments are growing, and your future is secure. No more worry, angst or confusion around your money or your financial future. I got your back!... JOIN ME LIVE - MasteringYourMoneyNow.com </video> <video> My Biggest Problem With The "Middle Class" Description: Ever wondered if the “middle class” label is limiting your potential for true wealth and financial freedom? This episode of the Building Your Money Machine Show is for you! Join me as we explore how the middle class mindset could be holding you back and how to break free from this financial trap to achieve the richness and freedom you truly deserve. In this episode, I share deep insights into why labels confine us, the myth of the middle class mindset, and practical steps to shift your perspective from seeking comfort to embracing growth. With real-life examples, personal stories, and actionable advice, I'm here to guide you on your journey from financial stability to true financial independence. We dive into the power of investing over saving, building financial literacy, the importance of consistent growth, and much more. No matter where you are in your financial journey, this episode is packed with the wisdom you need to transform your future. Tune in and let’s rewrite the story of your financial life together! IN TODAY’S EPISODE, I DISCUSS: - How the label "middle class" could be limiting your financial growth. - The myth of the middle class mindset and its impact. - Why shifting from a comfort mindset to a growth mindset is crucial. - Practical steps to start building wealth beyond mere savings. - Real-life stories of people who broke free from financial limitations. - The importance of financial literacy and continuous learning. ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Are You Really Middle Class? 00:58 Labels and The Excuse to Stay the Same 02:51 The Real Barrier: Mindset, Not Income 03:54 Immigrant Success Stories & Middle-Class Limitations 04:51 From Safety to Growth: A New Path 06:28 Can't Save Your Way to Wealth: Investing is Key 07:36 Financial Literacy: The Game Changer 08:45 Comfort vs. Growth: Why Comfort Limits You 09:15 Financial Freedom is Your Birthright 10:01 Steps to Financial Freedom for Everyone 11:09 Real-Life Millionaire Stories 12:00 Small Habits That Create Massive Wealth 13:03 Redefine Safety: Investment Over Savings 14:55 Building Financial & Personal Growth Habits 16:35 Warren Buffett's Daily Learning Practice 17:45 Prioritize Growth Over Comfort 18:56 Building a Growth Mindset 20:02 Network With Growth-Oriented People 21:38 How to Stay On The Journey with Me </video> <video> Trump's 2024 Tax Plan: What You NEED To Know Description: Are you ready for some of the biggest changes to your taxes and Social Security and how they could affect your financial future? Don't worry; I've got your back! In this insightful episode of the Building Your Money Machine Show, we tackle how the political landscape, specifically a potential Trump 2024 term, could massively impact your financial situation. We break down the Tax Cuts and Jobs Act, set to expire in 2025, and what that means for everyone-whether you are low, middle, or high-income. We also delve into the future of Social Security and why it is crucial to start preparing now for potential legislative changes. This episode isn't about politics; it's about arming you with the knowledge to navigate through these upcoming challenges and to secure your financial future. So, grab a pen and paper, take some notes, and let's dive into what you need to do to stay ahead of the curve and maintain your financial health. IN TODAY'S EPISODE, I DISCUSS: - The expiring Tax Cuts and Jobs Act and its impact on different income levels - Upcoming Social Security reforms and their implications - Practical steps you can take now to mitigate potential financial risks ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I'm a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel's groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it's your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Introduction to tax and Social Security changes. 00:51 Emphasis on the financial, not political, nature of the episode. 01:38 Overview of the impending expiration of the Tax Cuts and Jobs Act. 02:34 Summary of TCJA provisions and their benefits since 2017. 03:19 Impact on individual and corporate tax rates. 04:55 SALT deduction cap and its effects on high-tax states. 06:42 Expiration impact on various income levels, with examples. 11:43 Middle-income earners and expiring tax provisions. 12:31 Mortgage interest deduction limit changes. 14:24 High-income earners and the elimination of certain deductions. 18:03 Social Security: brief historical context and current issues. 20:53 Potential Social Security tax reform plans. 1:43 Implications and steps to prepare. 22:41 Suggestions: using tax-advantaged accounts and staying informed. </video> <video> Why You Aren't Investing (and How to Fix It) Description: Ever wonder why so many people avoid investing even though they know they should? You're not alone, and we're here to tackle these concerns head-on! Join me in this eye-opening episode of the Building Your Money Machine Show. Today, we're diving into the reasons why most people hesitate to invest and how you can overcome these barriers to achieve financial freedom. Whether it's fear, confusion, or just plain analysis paralysis, we'll cover the key psychological and practical factors holding people back and offer actionable steps to move forward. I'm passionate about helping you break through these mental and strategic blocks because I believe financial freedom is attainable for everyone. From understanding calculated risks versus gambling, to building a consistent investing habit, and even using tools like robo-advisors wisely, I'm here to support your journey. Let's talk about how developing good financial habits, planning, and diversification can set you up for long-term success. Buckle up as we unravel the myths about investing, address common fears, and build a roadmap that includes immediate action steps, from joining your employer's 401(k) plan to starting small with dollar-cost averaging. Remember, it's not about timing the market; it's about time in the market. Get ready to take control of your financial future and turn your money into a powerful machine that works for you. It's time to conquer your fears and start building your financial legacy today! IN TODAY'S EPISODE, I DISCUSS: - Overcoming the fear of losing money and understanding calculated risks - Simplifying financial knowledge to start investing with confidence - Balancing present joy with long-term security - Avoiding analysis paralysis and starting with small, strategic steps - The importance of consistency and planning in achieving financial freedom ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I'm a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel's groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it's your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Introduction and the importance of financial freedom. 04:15 Understanding fear and calculated risks in investing. 08:32 Simplifying financial knowledge to kickstart your investment journey. 11:27 Balancing instant gratification with long-term gains. 15:49 Overcoming analysis paralysis and starting small. 19:05 The power of consistent investing over market timing. 22:41 Building a diversified portfolio aligned with life goals. 26:12 The benefits of starting early and the impact of missing key market days. 29:58 How compound growth leads to financial independence. 32:45 Final thoughts and action steps to begin your investing journey. </video> <video> Hawk Tua - Beware of These Scams Description: The latest scam and pump and dump scheme has left a lot of people losing tons of money. I hope they take all of them down and out these folks in jail! Beware and I have some thoughts for you. </video> <video> If You're In Your 50s or 60s... You Need To Watch This Description: Feeling like you're running out of time to secure your financial future? Don't worry; you still have time, and it's not too late to create a detailed plan and take meaningful action! Welcome to another empowering episode of the Building Your Money Machine Show. Today, we're addressing a critical situation: what to do if you're in your 50s or 60s with little to no savings. If you're feeling the pressure of wanting to slow down or retire without the financial security to do so, this episode is precisely for you. At 63 years old, I've walked this path, and I'm here to guide you through it. From maximizing your Social Security benefits to investing wisely even at this stage, we'll cover all the steps you need to create a stress-tested financial plan. I'll share personal stories and actionable advice to ensure you can enjoy a dignified, stress-free retirement. Strap in as we navigate these crucial years together, helping you turn the tide and build the future you deserve. It's never too late to take control of your financial destiny. Let's get started! ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. IN TODAY’S EPISODE, I DISCUSS: - Recognizing the importance of having a financial plan - Building an immediate safety net to handle life's unexpected expenses - Maximizing Social Security benefits effectively - Investing wisely to secure your retirement years - Exploring ways to increase your income even in your later years - Leveraging additional resources and stress-testing your financial plan 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Introduction: Feeling the angst of nearing retirement with no savings? 01:13 Survey results: A stark reality—20% of adults over 50 have no retirement savings 03:02 Importance of having a plan: Discussing why you need a stress-tested financial roadmap. 04:41 Creating a plan: How a detailed plan can bring peace and a clear path forward. 05:52 Understanding your role in making your financial plan a reality. 08:25 Building a safety net 09:52 How downsizing can contribute to your financial safety net. 10:18 Maximizing Social Security 13:30 Calculate and verify your benefits using the Social Security website. 14:38 Why investing is crucial, even if you're late to the game. 16:44 Employer 401k and catch-up contributions: Take advantage of these opportunities. 18:14 Roth IRAs: The benefits of tax-free growth and why you should consider it. 19:17 Safeguarding investment 20:11 Increasing your income: Exploring additional work, freelance opportunities, and delaying retirement. 21:14 Care costs and the importance of early planning. 22:05 Stress-test your plan and consider all available options. 24:05 Conclusion: It's not too late to secure your financial future </video> <video> If You're 40+ and Saved Nothing For Retirement, watch this Description: Feeling like it's too late to start saving for retirement in your 40s? Think again! It's never too late to take control of your financial future. Welcome to another impactful episode of the Building Your Money Machine Show. Today, I'm diving into the financial strategies that can help you get back on track, even if you haven’t saved a dime for retirement yet. No matter if you're in your 40s, 50s, or beyond, this episode offers practical advice to guide you towards financial freedom. In this episode, I share actionable steps to manage your expenses, grow your income, and make intelligent investments. You'll learn about the power of delaying retirement for better financial benefits, the importance of having a detailed financial plan, and the magic of consistent small steps towards savings and debt elimination. Discover why evaluating your financial status, building an emergency fund, and eliminating debt are crucial first steps to wealth-building. Join me as I offer insights into maximizing tax-advantaged accounts, selecting cost-effective investment strategies, and exploring options like side hustles for additional income. By the end of this episode, you'll be equipped with the knowledge and motivation to kickstart your financial journey and secure your future. IN TODAY’S EPISODE, I DISCUSS: - The benefits of delaying retirement and maximizing Social Security - Creating a detailed financial plan tailored to your goals - Steps for consistent savings and effective debt management - Smart investment strategies, including tax-advantaged accounts and diversified funds - Increasing your income through career growth and side hustles - Building good financial habits and taking action for long-term success ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Overcoming financial inertia in your 40s. 03:45 Strategies to manage housing costs and discretionary spending. 08:15 Benefits of delaying retirement and maximizing Social Security. 12:32 Importance of creating and following a detailed financial plan. 14:45 Taking small, consistent savings steps for better financial health. 18:27 Building an emergency fund for peace of mind. 23:10 Effective debt elimination strategies. 29:55 Starting to invest and selecting smart investment options. 34:20 Increasing income through job opportunities and side hustles. </video> <video> 6 Assets You Should Own By Your 40s Description: Feel like you’re not quite where you should be financially? Don’t worry; it’s never too late to start building your wealth! Welcome back to another episode of the Building Your Money Machine Show. Today, I'm sharing crucial financial wisdom that I wish I had known by my 40s. These lessons are designed to set you on the path to financial freedom, no matter where you are in life. Whether you're in your 20s, 30s, 40s, or beyond, this episode is packed with actionable insights to help you navigate your financial journey. Through my personal experiences and critical financial strategies, including an eye-opener health scare, I'll guide you on the importance of maintaining your health, securing cash for emergencies, and making smart investment choices. We’ll cover everything from diversified ETFs to alternative investments, ensuring you have the tools you need to build and protect your wealth. Get ready for an episode that’s filled with practical tips, heartfelt reflections, and effective strategies to help you take control of your financial future. It's time to create a sustainable financial foundation and enjoy the life you deserve! IN TODAY’S EPISODE, I DISCUSS: - The significant link between health and wealth. - Building a “peace of mind fund” and the benefits of liquidity. - Diversifying with ETFs or index funds for growth and stability. - Managing and eliminating destructive debt. - The type of insurance you need to protect against life's uncertainties. - Setting up a financial vision and investment strategy for your 40s and beyond. - Exploring real estate and alternative investments. ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Go to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I’m a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel’s groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it’s your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Importance of Maintaining Health for Financial Success 06:45 Understanding Cash/Liquidity in Your 40s 11:30 Diversified ETFs or Index Funds for a Strong Financial Foundation 18:20 Combating Destructive Debt and Building Wealth 23:15 Critical Insurance Policies for Financial Security 29:00 Crafting a Financial Vision and Investment Strategy 35:50 Exploring Real Estate and Alternative Investments </video> <video> The Great Melt Up is Coming (Prepare For Parabolic Prices) Description: Feeling the pinch of rising costs or worried about the value of your savings in an uncertain economy? You're not alone, and you've come to the right place! Here's a detailed breakdown of this enlightening episode of the Building Your Money Machine Show, where I discuss the urgent issue of the Great Melt Up. This episode is packed with actionable steps to help secure your finances and stay ahead, no matter the economic storm. I'm Mel Abraham, and today I'll explain what the Great Melt Up is, why it's happening, and, most importantly, how you can protect yourself from its effects. From understanding government debt and its implications to actionable investment strategies, this episode provides a comprehensive guide to navigating these turbulent times. By the end of this episode, you'll have a roadmap to safeguard your financial future and live a life of choice, regardless of what's happening in the broader economy. Let's dive in! IN TODAY'S EPISODE, I DISCUSS: - The unprecedented level of government debt and its economic implications - Ways to secure your finances during uncertain economic conditions - Diversifying your investments and income streams for stability - The importance of having cash reserves and eliminating high-interest debt - Raising your financial literacy to navigate economic uncertainty ORDER MY NEW USA TODAY BESTSELLING BOOK: Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It! Got to: YourMoneyMachineBook.com 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. 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 ------------------------------------------------------------------- ★ WHO IS MEL ABRAHAM ★ ------------------------------------------------------------------- I'm a seasoned CPA turned entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Affluence Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. The inception of Mel's groundbreaking principles was profoundly personal as they were born out being a single full-time dad and not wanting to compromise that relationship in the name of success. The power of these principles became even more evident when he was faced with a life-threatening health diagnosis which forced him to confront his mortality and the fragility of life. This pivotal moment, coupled with the economic turmoil of the pandemic, galvanized him to distill his financial wisdom into strategies accessible to all. His books and teachings offer not just hope but real tools for building lasting wealth and impact. Now it's your turn Meet Mel at http://melabraham.com/ Cheers, Mel ==== Time Stamps ==== 00:00 Understanding the Great Melt Up and its real impact. 01:15 Why government debt and interest payments are a critical issue. 02:26 Historical context and bipartisan nature of the debt problem. 03:09 Revenue vs. spending - The widening gap and its implications. 06:05 The historical surge in debt and why it's a growing concern. 06:54 Why average spending surpasses average revenue and its consequences. 07:45 How continuously overspending leads to economic instability. 08:41 The big expenses in the government's budget and their impact. 10:07 Possible ways to fix the issue: making more money or spending less. 11:31 How government actions could lead to inflation and stagflation. 13:18 The problem of hyperinflation and historical examples. 14:14 Personal steps to protect yourself: Investing and diversification. 14:56 Why investing is crucial to keep up with rising prices. 16:34 Diversifying investments and income to minimize risk. 18:27 Real estate vs. renting: What's better during inflationary times? 20:17 The importance of liquidity and having cash reserves. 21:06 Avoiding and eliminating high-interest debt for financial stability. 22:17 Managing your spending and creating a financial plan. 24:21 Educating yourself to navigate economic challenges effectively. 26:12 Ending with a message of awareness and preparation. </video>

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Are you an entrepreneur or employee looking for financial freedom?

It doesn't need to be complex if you have the right plan, tactics and strategies.

This channel is dedicated to your journey and helping you create the financial legacy you deserve.

I'm a CPA by education but an entrepreneur by exhilaration, and Author of the #1 Bestseller, The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans & Freedom.

After finding a cancerous tumor in my bladder larger than a baseball in June 2019, I began to openly teach The Affluence Blueprint because my cancer journey spotlighted the immediate & urgent need for entrepreneurs to find “financial liberation” and peace of mind.

This is the very process & system I used to build my business & my wealth through business that allowed me to not worry about money during my healing. Most entrepreneurs are building a financial house of cards & don’t even realize it...& traditional financial advice won't work for them.

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