Building Your Money Machine

Why Having Money Is Better Than Spending Money


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Welcome to another impactful episode of the Building Your Money Machine Show! Today, we’re tackling an issue that hits home for many of us: Why having money is better than spending it.

Have you ever felt the stress of living paycheck to paycheck or regretted an impulse buy? Or maybe you're wondering why financial freedom feels so unattainable? This episode is for you. I dive deep into why the real joy lies in having money, not just spending it, and how making a few simple shifts can set you on a path to financial security.

Did you know that 61% of people are living paycheck to paycheck? It doesn’t have to be that way. We’ll examine practical steps like starting small, automating your savings, cutting unnecessary expenses, and investing wisely to help you build your financial foundation.

Picture this: What if you had money saved up for emergencies or to jump on a fabulous opportunity without going into debt? I share real-life scenarios on how financial security can impact your life, from negotiating better deals to reducing financial stress. A recent study even shows that having just $10,000 in savings can cut your financial stress by 37%! We also touch on the power of having the right mindset; think of money as your paintbrush to design the life you want.

IN TODAY’S EPISODE, I DISCUSS:

  • The emotional and psychological pitfalls of impulse spending
  • Why having money leads to more lasting joy and financial freedom
  • Practical steps to control spending
  • How to invest wisely to build long-term wealth
  • The crucial mindset shifts necessary for financial success

RECOMMENDED EPISODES FOR YOU

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

  • If You Can Spare 15 Mins, You'll Get 20 Years of Your Life Back
  • Why We Can't Save Money – And How to Fix It
  • 9 Financial Habits Holding You Back In Your 40s
  • The Real Reason Why You Feel Behind Financially
  • How to Stay Ahead as the Middle Class Shrinks

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

  • If You Can Spare 15 Mins, You'll Get 20 Years of Your Life Back: https://youtu.be/gU31MwejdGI
  • Why We Can't Save Money – And How to Fix It: https://youtu.be/fpp3jEI0i20
  • 9 Financial Habits Holding You Back In Your 40s: https://youtu.be/RBeCEuEDNV8
  • The Real Reason Why You Feel Behind Financially: https://youtu.be/sKEzMGS_S-U


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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