Building Your Money Machine

029 The Best Investment Accounts to Get


Listen Later

I’m excited about today’s episode, because we will go through the next step after establishing our Wealth Priority Ladder™. In this show, I will take you through the six types of accounts you can choose to have on your wealth path, and I will also share a four-step system to start funding those accounts. We will look closely at each of the six accounts, pros and cons of each, and how to use them in the smartest way.  

What You Will Learn In This Episode:

- What is the account jumble, and which three criteria we must use to choose what kind of account we'll get

- Why we must keep our business from our personal accounts separated

- My three rules with high-yield cash accounts

- The benefits of having 401k and HSA accounts

One of the first steps on our journey to an affluent life is to separate accounts. Every dollar that comes in must know its purpose, and as soon as we get it we must put it to work for us. This task distribution becomes much easier when we have multiple accounts, each one of them taking care of different aspects of our lives and our business. 

Resources:

- JOIN MY 3-PART LIVE FREE VIRTUAL TRAINING SERIES:  http://www.AffluenceLive.com

- Affluent Entrepreneur Show Ep 024: What To Do With Your Cash https://melabraham.com/024-what-to-do-with-your-cash/ 

- The Wealth Priority Ladder™ https://melabraham.com/wp-content/uploads/TAE-023-Wealth-Priority-Ladder.pdf 

- Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint

- My website https://melabraham.com/

- Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabrahamtraining.com/TES-Book-Launch-1

- Find me on Facebook https://www.facebook.com/melhabraham/

- Find me on Instagram https://www.instagram.com/melabraham9/

- Find me on LinkedIn https://www.linkedin.com/in/melhabraham/

- Find me on Twitter https://twitter.com/MelHAb

- Find me on YouTube

...more
View all episodesView all episodes
Download on the App Store

Building Your Money MachineBy Mel H Abraham, CPA, CVA, ASA

  • 5
  • 5
  • 5
  • 5
  • 5

5

228 ratings


More shows like Building Your Money Machine

View all
Your Virtual Upline Podcast by Bob Heilig

Your Virtual Upline Podcast

1,658 Listeners

Progress Mode with Brendon Burchard by Brendon Burchard

Progress Mode with Brendon Burchard

3,678 Listeners

Earn Your Happy by Lori Harder | YAP Media

Earn Your Happy

2,788 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,596 Listeners

The Mind Your Business Podcast by James Wedmore

The Mind Your Business Podcast

1,639 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,199 Listeners

Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,829 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,064 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,029 Listeners

The Marie Forleo Podcast by Marie Forleo

The Marie Forleo Podcast

1,667 Listeners

the bossbabe podcast by Natalie Ellis

the bossbabe podcast

2,013 Listeners

The Jim Fortin Podcast by Jim Fortin

The Jim Fortin Podcast

1,473 Listeners

Powerhouse Women by Lindsey Schwartz

Powerhouse Women

888 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,600 Listeners

The Daily Motivation by Lewis Howes

The Daily Motivation

919 Listeners