Building Your Money Machine

Accountant Explains: How to Invest Your First $10,000


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Welcome to another transformative episode of the Building Your Money Machine Show! Today, I’m breaking down exactly what you need to do if $10,000 suddenly shows up in your bank account—and how that first five-digit sum can be the key to unlocking your financial freedom.

Here’s the truth: most people freeze, flex, or fumble when they get their hands on their first real chunk of cash. But as I explain in this episode, investing your first $10,000 isn’t just about picking the hottest stock or crypto your cousin can’t stop talking about. It’s about building a rock-solid financial foundation and developing the habits and systems that allow your money to work harder for you than you ever worked for it.

I dive deep into my Wealth Priority Ladder—a proven, step-by-step approach to eliminating destructive debt, building your liquidity base, and earning the right to invest with confidence. I’ll walk you through the right order of operations so you can avoid expensive mistakes, reduce financial stress, and actually build lasting wealth.

IN TODAY’S EPISODE, I COVER:

  • Why your first $10,000 is about building confidence
  • The Wealth Priority Ladder
  • Why you should tackle debt payoff and wealth creation together
  • Actionable strategies for getting rid of high-interest “destructive debt” using debt avalanche or snowball methods
  • The exact hierarchy of accounts to invest in
  • Simple, low-cost two-, three-, and four-fund portfolios that make wealth building automatic
  • How to avoid the top five mistakes that derail most new investors

RECOMMENDED EPISODES FOR YOU

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

  • The 3 Net Worth Milestones That Change Everything
  • If You Don’t Understand The K-Shaped Economy, You’ll Never Get Rich
  • How to Build Systems to Actually Achieve Your Financial Goals
  • The ONLY Money Rule ALL Rich People Use
  • If You Don't Understand Fiat Currency, You Don't Understand Money

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

  • The 3 Net Worth Milestones That Change Everything: https://youtu.be/M4PRKP092Uk
  • If You Don’t Understand The K-Shaped Economy, You’ll Never Get Rich: https://youtu.be/HoEktNaPq5E
  • How to Build Systems to Actually Achieve Your Financial Goals: https://youtu.be/PmCa9qORQyg
  • The ONLY Money Rule ALL Rich People Use: https://youtu.be/njBdSToP6OY

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

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

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