Welcome to another engaging episode of the Building Your Money Machine Show. This time, I’m diving into a conversation about crafting the best financial strategies tailored to your current income level, whether you're making $30k, $67k, or over $100k. If you've ever wondered why you're struggling to build wealth no matter your income bracket, this episode is for you. It’s all about finding the right strategies for where you are today to ensure you’re not leaving money or opportunities on the table.

I open up about the common misconception that merely earning more money will solve financial problems. However, without a solid strategy, it’s like pouring water into a leaky bucket—it just disappears. I simplify and break down actionable steps for three key income breakpoints, as covered in my book, Building Your Money Machine. So by the end of this episode, you’ll know exactly what to do to build wealth effectively for your income level, and I’ll introduce the four wealth drivers necessary to make it happen.

Each income level carries distinct focus areas and challenges. I provide insights into practical actions like negotiating bills, and why debt management is critical.

IN TODAY’S EPISODE, I DISCUSS:

• The pitfalls of wanting more income without a financial strategy
• Why saving rate at lower income levels is paramount to wealth building
• The transition from financial stability to financial security as income increases
• How to minimize lifestyle creep
• Building a true money machine at $100k+ income

RECOMMENDED EPISODES FOR YOU

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

• 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
• 11 Tiny Habits That Made Me Rich
• It Took Me 30+ Years to Realize What I'll Tell You in 22 Mins

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

• 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
• 11 Tiny Habits That Made Me Rich: https://youtu.be/UFByH_2OAl4

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