Building Your Money Machine

7 Reasons Why The Wealthy NEVER Trade Time For Money


Listen Later

Welcome to another episode of the Building Your Money Machine Show! Today, I’m shining a light on a game-changing concept that separates the truly wealthy from everyone else: refusing to trade your time for money. If you’ve ever looked at your calendar and wondered if the hamster wheel of back-to-back meetings, errands, and calls is really the endgame, this episode is for you.

I'm sharing the seven key reasons why the wealthy never play the time-for-dollars game—and how you can stop being the unpaid intern in your own life's story. I’ll walk you through my journey from accountant buried in spreadsheets and calls to someone who’s obsessed with building a system—a Money Machine—that funds a life of true freedom and choice.

I’ll tell you how a simple, powerful lesson from my six-year-old son made me rethink everything about money, time, and presence. From there, you’ll discover how to architect a life where your money works for you—even while you sleep, take a walk, or argue with your teenager about Wi-Fi.

IN TODAY’S EPISODE, I DISCUSS:

  • Why time is your most precious and non-renewable resource
  • How leverage is the secret sauce for multiplying your hours and your impact
  • Creating leveraged income streams that generate cash
  • Why the wealthy prefer to own the stage (the assets) rather than dance on it (the labor)
  • The importance of building an ecosystem of value
  • Choosing to use your increasing income to buy back time
  • Four practical steps to start your own Money Machine

RECOMMENDED EPISODES FOR YOU

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

  • The Truth About Net Worth: Are You Rich or Poor?
  • The Financial Industry's Biggest Lie About Compound Interest
  • 1970s Money Habits Not Taught Today... That We Need in 2025
  • Accountant Debunks: The Most Controversial Topics in Personal Finance
  • The WORST Investment Lies Told by Finance Gurus

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

  • The Truth About Net Worth: Are You Rich or Poor?: https://youtu.be/vxaW2JGnRZA
  • The Financial Industry's Biggest Lie About Compound Interest: https://youtu.be/SiDU-1wVWTA
  • 1970s Money Habits Not Taught Today... That We Need in 2025: https://youtu.be/CnUi_Dr_v7I
  • Accountant Debunks: The Most Controversial Topics in Personal Finance: https://youtu.be/9xG2GgrBx8Y


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!

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.

When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 

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

...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
Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,837 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,580 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,102 Listeners

Motivation with Brendon Burchard by Brendon Burchard

Motivation with Brendon Burchard

3,629 Listeners

Your Virtual Upline Podcast by Bob Heilig

Your Virtual Upline Podcast

1,653 Listeners

The Mind Your Business Podcast by James Wedmore

The Mind Your Business Podcast

1,641 Listeners

Earn Your Happy by Lori Harder | YAP Media

Earn Your Happy

2,800 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

12,047 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,036 Listeners

The Marie Forleo Podcast by Marie Forleo

The Marie Forleo Podcast

1,647 Listeners

the bossbabe podcast by Natalie Ellis

the bossbabe podcast

1,959 Listeners

The Jim Fortin Podcast by Jim Fortin

The Jim Fortin Podcast

1,467 Listeners

Powerhouse Women by Lindsey Schwartz

Powerhouse Women

838 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,575 Listeners

The Daily Motivation by Lewis Howes

The Daily Motivation

912 Listeners