Building Your Money Machine

Why The First $100k Is The Hardest (It Gets Easier)


Listen Later

Are you struggling to hit that first $100k milestone in your financial journey? It's not just a number; it's a crucial stepping stone to future wealth!

In today’s episode, I dive deep into why earning your first $100,000 is the hardest but most transformative part of building sustainable wealth. I share personal anecdotes, the setbacks I faced, and actionable strategies to overcome the common hurdles that might be holding you back. From understanding the psychological barriers to effectively managing your lifestyle creep, I cover all bases to help set you on the right path.

Want to break through the financial noise and accelerate your journey to $100k? Tune in to the full episode now!

IN TODAY’S EPISODE, I DISCUSS: 

- The significant psychological hurdles in early wealth-building stages

- Practical tips to avoid lifestyle inflation and maintain financial discipline

- The critical role of insurance and proper risk management in safeguarding your growing assets

RECOMMENDED EPISODES FOR YOU 

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

  • My Money Planning Process to Achieve Your Goals
  • How to Get the Right CPA & Why It Matters
  • Demystifying Your Credit Score & Does It Matter
  • What to Do Today to Pay Less Tax and Keep More Money   


RECOMMENDED VIDEOS FOR YOU 

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

  • My Money Planning  Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y 
  • How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk 
  • Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw 
  • What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM 


PRE-ORDER MY NEW 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.



...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

223 ratings


More shows like Building Your Money Machine

View all
The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,577 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,109 Listeners

Motivation with Brendon Burchard by Brendon Burchard

Motivation with Brendon Burchard

3,639 Listeners

School of Self-Image by Tonya Leigh

School of Self-Image

1,100 Listeners

The Mind Your Business Podcast by James Wedmore

The Mind Your Business Podcast

1,630 Listeners

Earn Your Happy by Lori Harder | YAP Media

Earn Your Happy

2,808 Listeners

The Goal Digger Podcast by Jenna Kutcher

The Goal Digger Podcast

12,053 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,047 Listeners

The Marie Forleo Podcast by Marie Forleo

The Marie Forleo Podcast

1,659 Listeners

The Product Boss Podcast by Jacqueline Snyder

The Product Boss Podcast

872 Listeners

the bossbabe podcast by Natalie Ellis

the bossbabe podcast

1,787 Listeners

Powerhouse Women by Lindsey Schwartz

Powerhouse Women

838 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,582 Listeners

The Money Love Podcast by Paige Pritchard

The Money Love Podcast

420 Listeners

Money Rehab with Nicole Lapin by Money News Network

Money Rehab with Nicole Lapin

1,628 Listeners