Building Your Money Machine

If You Don't Understand Fiat Currency, You Don't Understand Money


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Welcome to another insightful episode of the Building Your Money Machine Show! Today, we’re tackling a topic at the very heart of your financial future: fiat currency. If you’ve ever wondered why your paycheck doesn’t seem to stretch the way it used to, or why groceries keep creeping up in price, stick with me—because the real issue isn’t just inflation. It’s understanding the actual money you’re using.

In this episode, I break down what fiat currency really is, how it became the global standard, and why it can silently drain your wealth if you don’t know how to play the smart game. As a CPA, entrepreneur, and investor who’s walked the financial freedom path more than once, I discovered firsthand that mastering money starts with understanding how the system works—when it’s built on belief, not backing.

We dig into the historical pivot from the gold standard to fiat currency, its pros (like flexibility and scalability), and its pitfalls. I’ll show you how fiat impacts your income, spending, and investment strategies, and why focusing on real returns—not just what’s printed on the page—is critical to building true wealth.

IN TODAY'S EPISODE, I DISCUSS:

  • What fiat currency is and how it shapes your financial life
  • The pros and cons of fiat currency
  • Why asset ownership is crucial to outpace inflation and build real wealth
  • The difference between nominal returns and real returns, and why it matters
  • Actionable steps to make your money work for you
  • The importance of the Financial Freedom Zone quiz

RECOMMENDED EPISODES FOR YOU

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

  • 7 Popular Finance Tips That Are Quietly Keeping You Broke
  • 12 Things I Don't Waste Money On (As a 64 Yr Old Millionaire)
  • When You Get RICH, Tell NO ONE (Act Like You're Poor)
  • 12 Signs That Predict You'll Be a Multi Millionaire
  • Why Keeping Over THIS AMOUNT In Cash Is a Huge Mistake

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

  • 7 Popular Finance Tips That Are Quietly Keeping You Broke: https://youtu.be/ctwclEvqOyg
  • 12 Things I Don't Waste Money On (As a 64 Yr Old Millionaire): https://youtu.be/quh1Hdz7Wb8
  • When You Get RICH, Tell NO ONE (Act Like You're Poor): https://youtu.be/FailzpHkJBc
  • 12 Signs That Predict You'll Be a Multi Millionaire: https://youtu.be/ITi-nvwJPVw

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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