Building Your Money Machine

1970s Money Habits Not Taught Today... That We Need in 2025


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Welcome to another eye-opening episode of the Building Your Money Machine Show. Today, I’m taking you on a trip down memory lane to the 1970s—a wild economic decade full of stagflation, sky-high interest rates, and mile-long gas lines. Yet, my parents and so many others made it work on a single income. They raised families, lived in modest homes, and managed to save, even with all the financial chaos swirling around them.

I wanted to pull back the curtain on those 1970s money habits—the ones many of us were never taught, but desperately need as we head into 2025. These are practical, timeless lessons about spending, saving, and living with intention that can help all of us regain control in today’s world of buy-now-pay-later, easy credit, and constant financial FOMO.

In this episode, I break down the habits, attitudes, and practices from a simpler time, and show you how to adapt them in your own life—without sacrificing modern convenience. I share personal stories from my own family and offer actionable steps to help you live with more financial peace and less pressure, starting today.

IN TODAY’S EPISODE, I DISCUSS:

  • Why “Cash Was King” in the 1970s
  • The lost art of planned shopping
  • How brown-bagging lunch can add thousands to your savings
  • Why “fix before you replace” still matters
  • Going generic and busting the brand myth
  • Couponing as a community sport
  • Treating debt with the caution it deserves

RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/

  • Accountant Debunks: The Most Controversial Topics in Personal Finance
  • The WORST Investment Lies Told by Finance Gurus
  • 8 Signs You're Doing Well Financially (Even If It Doesn't Feel Like It)
  • Accountant Explains: The 4 Financial Freedom Zones - How close are you?
  • Master Financial Literacy in 32 mins: Everything They Didn't Teach You in School

RECOMMENDED VIDEOS FOR YOU
 
If you liked this video, you'll love these ones:

  • Accountant Debunks: The Most Controversial Topics in Personal Finance: https://youtu.be/9xG2GgrBx8Y
  • The WORST Investment Lies Told by Finance Gurus: https://youtu.be/Nlt9-Z61bxA
  • 8 Signs You're Doing Well Financially (Even If It Doesn't Feel Like It): https://youtu.be/KKhrKQb-v40
  • Accountant Explains: The 4 Financial Freedom Zones - How close are you?: https://youtu.be/Md3mF7zg8fk


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

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