Building Your Money Machine

9 Financial Habits Holding You Back In Your 40s


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Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're going to identify and dismantle the nine financial habits holding you back in your 40s — wisdom that’s not bound by age. Whether you're in your 20s, 30s, 40s, or beyond, this episode is laden with timeless advice to elevate your financial journey.

In your 40s, you’re at a crucial juncture where every financial decision holds more weight. From rising incomes to escalating expenses with kids, mortgages, and aging parents, the stakes are high. Are your habits setting you up for financial freedom or potential devastation? That's what we’ll uncover today.

In this episode, I break down the nine must-adopt financial habits by your 40s to regain control, build wealth, and secure the financial future you deserve. These aren't quick fixes but methodology-backed steps that have transformed the lives of my clients and can do the same for you.

We’ll talk about building an emergency fund, consistent investing, prioritizing value-aligned spending, and expanding your financial literacy. I'll also urge you to plan for health expenses and align your financial strategies with your bigger life goals.

IN TODAY’S EPISODE, I DISCUSS:

  • Creating a clear and intentional financial plan
  • Using cash, not credit, for lifestyle expenses
  • Building a fully-funded emergency fund
  • Spending aligned with your values, not social expectations
  • Investing in your financial education
  • Planning for rising health expenses and securing your financial future

RECOMMENDED EPISODES FOR YOU

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

  • The Real Reason Why You Feel Behind Financially
  • How to Stay Ahead as the Middle Class Shrinks
  • Why Your Retirement Budget Is Most Likely WRONG
  • Life Advice From A 63 Year Old Self Made Millionaire
  • My Copy-Paste Strategy To Become Wealthy The Lazy Way

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

  • The Real Reason Why You Feel Behind Financially: https://youtu.be/sKEzMGS_S-U
  • How to Stay Ahead as the Middle Class Shrinks: https://youtu.be/p-UYDsS879Y
  • Why Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1c
  • Life Advice From A 63 Year Old Self Made Millionaire: https://youtu.be/tNhWvaddcjo


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TAKE THE FINANCIAL FREEDOM QUIZ:

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

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