Building Your Money Machine

My Biggest Problem With The "Middle Class"


Listen Later

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 


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
View all episodesView all episodes
Download on the App Store

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

  • 5
  • 5
  • 5
  • 5
  • 5

5

232 ratings


More shows like Building Your Money Machine

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,440 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,550 Listeners

Achieve Your Goals with Hal Elrod by Hal Elrod

Achieve Your Goals with Hal Elrod

1,336 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,582 Listeners

The Mind Your Business Podcast by James Wedmore

The Mind Your Business Podcast

1,646 Listeners

Plenty with Kate Northrup by Kate Northrup, Author, Entrepreneur, and Speaker

Plenty with Kate Northrup

662 Listeners

ChooseFI by ChooseFI

ChooseFI

5,140 Listeners

Journey To Launch by Jamila Souffrant

Journey To Launch

1,686 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,082 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

454 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,605 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,617 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

201 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

357 Listeners

BigDeal by Codie Sanchez

BigDeal

921 Listeners