Building Your Money Machine

My Biggest Problem With The "Middle Class"


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Welcome to another empowering episode of the Building Your Money Machine Show. Today, I challenge you to rethink the 'middle class' label and the mindset that may be limiting your financial potential. Are you truly middle class, or is it just a label that's holding you back? If you've ever felt like you're merely scraping by, living paycheck to paycheck, or playing it safe, this episode is for you.

In this powerful discussion, I dig deep into the hidden problem with the middle class label. The issue isn't the income—it's the mindset. I argue that self-imposed limitations originating from labels can hinder your path to true wealth and financial freedom. From the myth of middle class priorities to the importance of shifting from a savings mentality to an investment mindset, we cover it all.

I share compelling stories, including the journey of Howard Schultz from a housing project to becoming the CEO of Starbucks with a net worth of billions. These stories underscore that financial freedom is achievable for everyone, regardless of where you start. By breaking free from these limiting beliefs and adopting growth-oriented behaviors, you can transform your financial future.

IN TODAY’S EPISODE, I DISCUSS:

  • The hidden problem with middle class labels and the mindset they create
  • Examples of breaking free from limiting self-fulfilling prophecies
  • How focusing solely on savings can hinder wealth-building
  • Why financial freedom is a birthright and how to pursue it
  • Prioritizing growth over comfort and long-term wealth building strategies

RECOMMENDED EPISODES FOR YOU

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

  • Ten Tiny Habits That Build Real Wealth (REALISTIC)
  • Why A Million Dollars Doesn't Make You Rich
  • The F.U.N.D. Method For Building & Managing Your Emergency Fund
  • Why Smart People Are Not Always Rich
  • Why The F.I.R.E Movement Is A Pipe-dream

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

  • Ten Tiny Habits That Build Real Wealth (REALISTIC): https://youtu.be/U2xunyOe-tg 
  • Why A Million Dollars Doesn't Make You Rich: https://youtu.be/S1Wn2n5jIo0 
  • The F.U.N.D. Method For Building & Managing Your Emergency Fund: https://youtu.be/oWFGkpLySag 
  • Why Smart People Are Not Always Rich: https://youtu.be/KknyOr-IU8A 


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

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