Building Your Money Machine

By Mel H Abraham, CPA, CVA, ASA

Welcome to 'Building Your Money Machine,' (fka The Affluent Entrepreneur Show) hosted by Mel Abraham, CPA, a renowned financial expert and author of USA Today Bestseller, 'Building Your Money Machi

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How many episodes does Building Your Money Machine have?

The podcast currently has 418 episodes available.

Building Your Money Machine episodes:

May 01, 2025How To Make Money In An Economy That Hates You
Welcome to another episode of the Building Your Money Machine Show! In today’s conversation, I’m tackling a topic that’s front and center for so many of us—how to make money in an economy that feels like it’s working against you. Maybe you’re dealing with rising prices, stagnant wages, or the sense that no matter how hard you work, financial security keeps slipping farther from reach. If you’ve ever thought the system was rigged or wondered why it's so hard to just get ahead, this episode is for you.
Here’s the raw truth: tough economies don’t just create struggle, they create opportunity—but only if you know where to look and how to move. It’s all about adopting an ownership mindset, finding recession-proof ways to earn, and being strategic and disciplined with your finances so you can come out ahead.
We’ll get into actionable steps for building multiple income streams, cutting unnecessary expenses, and learning how to really put your money to work for you. I'll share key mindset shifts to help you overcome tough times and grow stronger from them.
IN TODAY’S EPISODE, I DISCUSS:
The critical shift from a job mindset to an ownership mindset
How to identify and solve recession-proof problems to bring in extra income
Leveraging your existing skills and assets to create value
Building your emergency fund for peace of mind and financial security
Paying off high-interest debt as an essential step to getting ahead
Three immediate action steps you can take right now to start shifting your financial future
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
Understanding The Impact Tariffs Have On Your Finances
The Only Thing That Stopped Me From Overspending
5 Simple Habits For Building Wealth (as a self made millionaire)
Major Money Milestones To Achieve in Your 40s
How To Save More in 6 Months Than Most People Do in 6 Years
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
Understanding The Impact Tariffs Have On Your Finances: https://youtu.be/2OVdRYkxwl4
The Only Thing That Stopped Me From Overspending: https://youtu.be/5jBNKRalEOA
5 Simple Habits For Building Wealth (as a self made millionaire): https://youtu.be/hHObBrzXJ4I
Major Money Milestones To Achieve in Your 40s: https://youtu.be/g1oU_X1MPMA

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
27min
April 28, 2025Understanding The Impact Tariffs Have On Your Finances
Welcome to another episode of the Building Your Money Machine Show! Today, I’m unpacking a topic that hits home for all of us: tariffs—and the impact they have on your wallet, your shopping cart, your investments, and ultimately, your ability to build lasting wealth and financial freedom.
If you’re feeling like your money isn’t stretching as far as it used to, and you’ve noticed those grocery bills, gas prices, even your Amazon orders creeping up, then you’re not imagining things—and you’re definitely not alone. Yes, we’ve all felt inflation, but there’s another “hidden tax” at play that doesn’t always make the headlines in a clear or unbiased way: tariffs.
In this episode, I peel back the layers of what tariffs really are, why governments use them, and—most importantly—how they quietly (and not-so-quietly) drive up costs for every one of us. I’ll explain how tariffs don’t just affect the big companies importing goods, but how those costs find their way directly into your life, from everyday necessities like groceries and clothing, to big-ticket items like electronics and cars.
IN TODAY'S EPISODE, I DISCUSS:
What tariffs are (in plain English) and how they work
How tariffs raise costs on groceries, clothes, electronics, and cars
How tariffs create market uncertainty and impact your investments and savings
Practical steps to protect your finances from tariff effects
Why a real investment strategy is critical in uncertain times
Why preparation—not panic—is key to financial resilience and freedom
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
The Only Thing That Stopped Me From Overspending
5 Simple Habits For Building Wealth (as a self made millionaire)
Major Money Milestones To Achieve in Your 40s
How To Save More in 6 Months Than Most People Do in 6 Years
Why The PERFECT Retirement Is Actually A Huge LIE
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
The Only Thing That Stopped Me From Overspending: https://youtu.be/5jBNKRalEOA
5 Simple Habits For Building Wealth (as a self made millionaire): https://youtu.be/hHObBrzXJ4I
Major Money Milestones To Achieve in Your 40s: https://youtu.be/g1oU_X1MPMA
How To Save More in 6 Months Than Most People Do in 6 Years: https://youtu.be/IO4ZRL1B244

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
34min
April 24, 2025The Only Thing That Stopped Me From Overspending
Welcome to another powerful episode of the Building Your Money Machine Show! If you’ve ever looked at your bank account and wondered, “Where did all the money go?” or felt regret after an impulse buy, this episode is for you—because, honestly, it was for me too. Today, I dig deep into my own experience with overspending—how I got caught up in mindless purchases, emotional triggers, and comparison traps, and, most importantly, the game-changing shift that finally helped me get my spending under control.

I share the real cost of overspending—how it’s never just about the money, but about the missed opportunities, future stress, and even the emotional toll that comes from repeating the spend-regret cycle. You’ll hear about my own “confession time”: the time I drove off a car lot on New Year’s Eve with a brand-new car I didn’t actually need. Then I’ll walk you through the hard truths I faced, the wake-up call that changed everything, and my 4P Framework—a simple but effective process that stopped me from overspending without making me feel restricted or deprived.
IN TODAY’S EPISODE, I DISCUSS:
The real, lasting cost of overspending—and why even small, mindless purchases can steal your future wealth
The three main triggers for overspending: emotional spending, comparison spending, and lifestyle creep
Why simply making more money doesn’t fix overspending habits
My 4P Framework for spending with intention and joy, not regret:
Why it’s critical to design your version of a “rich life,” not just play copycat to what you see online
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
5 Simple Habits For Building Wealth (as a self made millionaire)
Major Money Milestones To Achieve in Your 40s
How To Save More in 6 Months Than Most People Do in 6 Years
Why The PERFECT Retirement Is Actually A Huge LIE
11 Timeless Habits To Survive Any Recession
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
5 Simple Habits For Building Wealth (as a self made millionaire): https://youtu.be/hHObBrzXJ4I
Major Money Milestones To Achieve in Your 40s: https://youtu.be/g1oU_X1MPMA
How To Save More in 6 Months Than Most People Do in 6 Years: https://youtu.be/IO4ZRL1B244
Why The PERFECT Retirement Is Actually A Huge LIE: https://youtu.be/n-yrvwAT8po

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
32min
April 21, 20255 Simple Habits For Building Wealth (as a self made millionaire)
Welcome to another compelling episode of the Building Your Money Machine Show. Today, we're tackling a question that often plagues many of us: Why does building wealth feel so overwhelming? Together, we'll debunk the myths that wealth is built on luck or secret formulas and dive into five simple habits that can jumpstart your journey to wealth as a self-made millionaire.
In this episode, I share personal insights from my own path to financial freedom. Growing up, I wasn't handed wealth. In fact, I had to develop and rely on these foundational habits myself. And guess what? They're accessible to everyone – including you.
From making money a priority to setting up weekly money dates, each habit is designed to shift your perspective from a cycle of earnings and spending to a proactive approach where your financial future is the focus. We'll discuss the importance of living below your means, building multiple income streams, and automating your investing to avoid decision fatigue.
Get ready for an episode filled with practical advice, inspiration, and actionable steps to start transforming your financial landscape today. Let's embark on this journey to financial freedom together, crafting a life of choice and agency over time.
IN TODAY’S EPISODE, I DISCUSS:
Making money and investing a priority to empower your future
Setting up regular money dates and creating a wealth vision
Living below your means to ensure long-term success
Building multiple income streams to secure financial independence
Mastering your emotions to keep a steady hand on your wealth path
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
Major Money Milestones To Achieve in Your 40s
How To Save More in 6 Months Than Most People Do in 6 Years
Why The PERFECT Retirement Is Actually A Huge LIE
11 Timeless Habits To Survive Any Recession
What you need to know before retiring
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
Major Money Milestones To Achieve in Your 40s: https://youtu.be/g1oU_X1MPMA
How To Save More in 6 Months Than Most People Do in 6 Years: https://youtu.be/IO4ZRL1B244
Why The PERFECT Retirement Is Actually A Huge LIE: https://youtu.be/n-yrvwAT8po
11 Timeless Habits To Survive Any Recession: https://youtu.be/Hi5f0F2x_68

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
40min
April 17, 2025Major Money Milestones To Achieve in Your 40s
Welcome to another crucial episode of the Building Your Money Machine Show. Today, I’m exploring major money milestones you need to hit in your 40s, but don’t worry if you’re in your 20s or 30s — these strategies will propel you towards financial security no matter your age. Whether you’re feeling behind or just looking to ensure a prosperous future, this episode is your guide to building wealth and prioritizing financial freedom.
Reflecting on my own journey, I’m sharing the 11 money milestones I would tell my 40-year-old self, encompassing actions from automating your wealth-building behaviors to maxing out tax-advantaged accounts like 401(k)s and Roth IRAs. We'll dive into owning more assets than liabilities, developing multiple streams of income, and crafting a straightforward investment strategy.
I emphasize the significance of prioritizing future security over present-day indulgences, the necessity of understanding risk and reward, and how crucial it is to not walk this journey alone. From enhancing your financial literacy to taking charge of your health for a well-rounded, vibrant future, there’s a wealth of knowledge in today’s episode to aid your financial growth.
IN TODAY’S EPISODE, I DISCUSS:
Automating your financial decisions to eliminate friction
Maximizing contributions to tax-advantaged savings and retirement accounts
Creating a diversified investment portfolio while enhancing financial literacy
Being strategic about the use of debt and focusing on sustainable joy
The impact of making informed choices and aligning your lifestyle with wealth goals
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
How To Save More in 6 Months Than Most People Do in 6 Years
Why The PERFECT Retirement Is Actually A Huge LIE
11 Timeless Habits To Survive Any Recession
What you need to know before retiring
Are you ready for what's going to happen to the economy?
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
How To Save More in 6 Months Than Most People Do in 6 Years: https://youtu.be/IO4ZRL1B244
Why The PERFECT Retirement Is Actually A Huge LIE: https://youtu.be/n-yrvwAT8po
11 Timeless Habits To Survive Any Recession: https://youtu.be/Hi5f0F2x_68
What you need to know before retiring: https://youtu.be/TTFwT6Q9wE4

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
28min
April 14, 2025How To Save More in 6 Months Than Most People Do in 6 Years
Welcome to another exciting episode of the Building Your Money Machine Show. Today, we're tackling a topic that's on everyone’s mind: how to save more money in six months than most people do in six years. If you’ve ever felt like saving money just isn’t happening fast enough or seems too hard, you’re not alone. But here’s the good news — it’s not about how much money you make, but how you manage and prioritize it.
In this episode, I’m going to reveal the mindset shifts and actionable steps you need to take to accelerate your savings journey without sacrificing all the things you love. We’ll talk about creating a short, intense period of hyper-focused saving, and how declaring your savings goals can make them more achievable. I’m here to be your financial cheerleader, guiding you through expense triage and addressing those pesky unseen leaks in your spending.
We’ll discuss innovative ways to boost your income and make your money work harder for you, so you can break free from the paycheck-to-paycheck cycle. This episode is all about creating momentum and sustaining that momentum by building habits that will carry you into a financially free future.
IN TODAY’S EPISODE, I DISCUSS:
The reason most people struggle with savings and how to overcome it
Shifting from a goal mindset to making declarations
Expense triage: Identifying and cutting unnecessary spending
How to increase your income with side hustles and gigs
Taking on a no spend challenge to supercharge your savings
Maintaining momentum after six months to ensure long-term financial success
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
Why The PERFECT Retirement Is Actually A Huge LIE
11 Timeless Habits To Survive Any Recession
What you need to know before retiring
Are you ready for what's going to happen to the economy?
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
Why The PERFECT Retirement Is Actually A Huge LIE: https://youtu.be/n-yrvwAT8po
11 Timeless Habits To Survive Any Recession: https://youtu.be/Hi5f0F2x_68
What you need to know before retiring: https://youtu.be/TTFwT6Q9wE4
Are you ready for what's going to happen to the economy?: https://youtu.be/XR_7hYvPLnE

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
27min
April 10, 2025Why The PERFECT Retirement Is Actually A Huge LIE
Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, we're tackling the myth of the perfect retirement and uncovering why the idea of a flawless, predictable retirement is actually a huge lie. If you've followed the traditional retirement script, saving diligently and planning meticulously, only to feel uncertain about the future, this episode is for you.
In this deeply personal episode, I share my own experiences and challenges—facing cancer, navigating financial schemes, and realizing that life often has its own unpredictable plans. The truth is, no matter how carefully you plan, life can throw unexpected curveballs like health issues, financial losses, or family crises. But here's the good news: Your path to financial freedom is your own, and it's about resilience, adaptability, and redefining success on your terms.
Let's move beyond the notion of a perfect retirement and start building a life of choice!
IN TODAY’S EPISODE, I DISCUSS:
The myth of the perfect retirement and why it doesn't align with the unpredictable nature of life.
Personal stories of unexpected challenges, from health issues to financial scams, demonstrating that setbacks are part of the journey.
The importance of building resilience and flexibility into your financial plans.
Why chasing a perfect retirement isn't as fulfilling as living a life aligned with your values and passions.
The concept of living a legacy, not just leaving one, and how every moment contributes to the legacy you create.
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
11 Timeless Habits To Survive Any Recession
What you need to know before retiring
Are you ready for what's going to happen to the economy?
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+
The games and strategies of the rich. What I learned as a CPA for the ultra wealthy.
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
11 Timeless Habits To Survive Any Recession: https://youtu.be/Hi5f0F2x_68
What you need to know before retiring: https://youtu.be/TTFwT6Q9wE4
Are you ready for what's going to happen to the economy?: https://youtu.be/XR_7hYvPLnE
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+: https://youtu.be/5S7XgkaIItY

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
23min
April 07, 202511 Timeless Habits To Survive Any Recession
Welcome to another empowering episode of the Building Your Money Machine Show. Today, I'm exploring the timeless habits that can see you through any recession without breaking a sweat. We've all experienced the anxiety of economic downturns, but here's the truth: recessions are inevitable, yet financial ruin is optional. This episode is your guide to thriving in any economy, not just surviving.
I speak candidly about how the right financial habits, not just income, can differentiate those who profit from recessions from those who fall victim to them. I share stories from the 2008 financial crisis and even the Great Depression to highlight how savvy individuals and investors turned turmoil into triumph—Warren Buffett, anyone?
From building a robust emergency fund and prioritizing essential needs over wants, to expanding your income streams and understanding the nuances of investing steadily—I've got you covered. We delve into avoiding high-interest debt, setting a recession-proof budget, and leveraging your skills for greater earning potential.
IN TODAY’S EPISODE, I DISCUSS:
Building a recession-proof emergency fund for peace of mind
Prioritizing essential needs over wants to avoid unsustainable lifestyles
Expanding your income streams to increase financial security
Investing in skills for long-term financial growth and job security
Creating a diverse, inflation-resistant investment portfolio
Networking strategically before you actually need it
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
What you need to know before retiring
Are you ready for what's going to happen to the economy?
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+
The games and strategies of the rich. What I learned as a CPA for the ultra wealthy.
You Can Change Your Finances in 8 Weeks... Here's How
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
What you need to know before retiring: https://youtu.be/TTFwT6Q9wE4
Are you ready for what's going to happen to the economy?: https://youtu.be/XR_7hYvPLnE
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+: https://youtu.be/5S7XgkaIItY
The games and strategies of the rich. What I learned as a CPA for the ultra wealthy: https://youtu.be/V__Qgkqv4SQ

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
35min
April 03, 2025What you need to know before retiring
Welcome to another transformative episode of the Building Your Money Machine Show. Are you worried about the biggest financial missteps you might make as you approach retirement? Many believe it's about running out of money, but I'm here to tell you that the real threat lurks beneath the surface — hidden risks that could deplete your wealth just when you need it most.
No matter your age or life stage — 30s, 40s, 50s, or beyond — it's vital to plan forward to ensure your money outlives you while supporting a life filled with choice and freedom. This episode is packed with essential steps to retire with confidence, identify unseen financial pitfalls, and safeguard your golden years against unexpected surprises.
Today, I'm guiding you through the necessity of having a dynamic and detailed retirement plan, why the 4% rule can be a foundational element if you're lacking a plan, and how to estimate your lifestyle costs. I'll lead you through the asset allocation maze and explain why healthcare and unexpected costs could be your biggest dangers if ignored.
IN TODAY’S EPISODE, I DISCUSS:
Creating a dynamic and detailed retirement plan
Utilizing the 4% rule from the Trinity study
Preparing for overwhelming medical costs and planning for long-term care
The critical component of estate planning to protect your legacy and provide peace of mind
Recognizing the psychological shifts in retirement and finding sustained purpose
RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
Are you ready for what's going to happen to the economy?
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+
The games and strategies of the rich. What I learned as a CPA for the ultra wealthy.
You Can Change Your Finances in 8 Weeks... Here's How
The #1 Finance Book Millionaires Won't Tell You About
RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:
Are you ready for what's going to happen to the economy?: https://youtu.be/XR_7hYvPLnE
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+: https://youtu.be/5S7XgkaIItY
The games and strategies of the rich. What I learned as a CPA for the ultra wealthy: https://youtu.be/V__Qgkqv4SQ
You Can Change Your Finances in 8 Weeks... Here's How: https://youtu.be/QYYAKjXeMZw

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
40min
March 31, 2025Are you ready for what's going to happen to the economy?
Welcome to another compelling episode of the Building Your Money Machine Show. Today, I'm challenging you to reconsider everything you think is stable about your financial life. What if what you thought was secure—your job, savings, and financial future—is actually at risk? In this episode, I break down the complex forces like recession, inflation, stagflation, and tariffs that could potentially impact your wallet, investments, and wealth-building journey.
I dive deep into understanding these economic threats and, more importantly, how you can prepare to stay ahead. Don’t expect fear-mongering or doomsday predictions. Instead, get ready for actionable insights to fortify your finances and ensure you remain in control, no matter what the economic landscape throws your way.
We’ll talk about the Federal Reserve's role, inflation as a threat, and the nuances of tariffs. Through it all, I stress that preparing for these economic cycles is crucial, just like I've experienced firsthand in my 63 years, having navigated through several recessions.
IN TODAY’S EPISODE, I DISCUSS:
Understanding economic cycles: recession, inflation, stagflation, and tariffs
The silent risk of consumer debt and how it can affect your financial future
Strategies to fortify your cash flow, protect against inflation, and prepare for market volatility
The importance of expanding your skills and creating additional income streams
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If you liked this video, you'll love these ones:
The Best Financial Strategy For Your Income Level: $30k, $67k. $100K+: https://youtu.be/5S7XgkaIItY
The games and strategies of the rich. What I learned as a CPA for the ultra wealthy: https://youtu.be/V__Qgkqv4SQ
You Can Change Your Finances in 8 Weeks... Here's How: https://youtu.be/QYYAKjXeMZw
The #1 Finance Book Millionaires Won't Tell You About: https://youtu.be/Z_QHXVak_m0

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