Building Your Money Machine

Why The F.I.R.E Movement Is A Pipe-dream


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Welcome to another engaging episode of the Building Your Money Machine Show. Today, we're exploring a provocative question — is the F.I.R.E. Movement merely a pipe dream? 

I've been there, contemplating the idea of extreme frugality to retire decades early. But let's face it, spending all your life sacrificing today's happiness for a distant dream isn't everyone's cup of tea. In this episode, I’ll delve into why traditional F.I.R.E. might not be the golden ticket it's often portrayed to be and how you can attain financial freedom without brutal deprivations.

You’ll hear me talk about the importance of building a "money machine" — generating income streams that don't tie you to a job, and unlocking the freedom to live a life of choice.

IN TODAY’S EPISODE, I DISCUSS: 

  • The burnout cost of extreme frugality in traditional F.I.R.E.
  • Alternative approaches to financial independence that don't skimp on current joy
  • Redefining F.I.R.E.: Making it a journey toward being "Rich in Experiences," not just retiring early
  • Practical steps: From knowing your financial "number" and investing for growth to maintaining an adaptable plan
  • Building a balanced, purposeful life: Blending financial security with rich, meaningful experiences

RECOMMENDED EPISODES FOR YOU 

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

  • How To Budget And Safe Without Feeling Trapped 
  • How To Build And Preserve Wealth During A Recession
  • Do You Have To Be RUTHLESS To Get Rich?
  • Why I No Longer Use Banks (as a Millionaire)
  • I'm 63. If you're in your 40s watch this...
  • It's not just you. Most people won't be financially free


RECOMMENDED VIDEOS FOR YOU 

If you liked this video, you'll love these ones:

  • How To Budget & Save WITHOUT Feeling Trapped: https://youtu.be/979xsNd6P-4 
  • How To Build And Preserve Wealth During a Recession: https://youtu.be/rF6gq3ApdRc 
  • Do You Have To Be RUTHLESS To Get Rich?: https://youtu.be/MF19BtrrcN0 
  • Alarming Financial Habits That Will Surprise You: https://youtu.be/SHTg-TA27s4 
  • 12 Most Common Regrets of Rich People: https://youtu.be/fan5rKvRafE
  • How to Save YOUR First $100k (My Savings Framework): https://youtu.be/cex4G3Nbqlg 


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 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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