Building Your Money Machine

The Only Thing That Stopped Me From Overspending


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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:

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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.

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

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