Building Your Money Machine

Why We Can't Save Money – And How to Fix It


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Welcome to another episode of the Building Your Money Machine Show! If you've ever felt like saving money is impossible, like there’s always something pulling you to spend or life keeps getting in the way, this episode is for you. Today, we'll uncover exactly why most people can’t seem to save and the hidden traps that are keeping them stuck. And more importantly, I'll share powerful steps to change that so you can start building real financial freedom.

Financial freedom starts with saving, yet most people struggle with this simple but crucial step. Why? Because the system's rigged to keep you broke. From relentless marketing tactics to lifestyle inflation, we’re up against a lot. But don't worry, I've got your back. We'll talk about actionable strategies to recognize these traps and overcome them.

We’ll dive into why half of Americans can't cover a $1,000 emergency without going into debt and why nearly 63% live paycheck to paycheck, even those earning over $100,000 a year. By understanding the system and taking practical steps, we can regain control and steer our way towards a prosperous future.

IN TODAY'S EPISODE, I DISCUSS:

  • Recognizing and battling the overwhelming systems designed to keep you spending
  • How lifestyle creep sneaks up on you and ways to counteract it
  • The dangers of emotional spending and actionable steps to control it
  • Understanding the real cost of debt and strategies to eliminate it
  • Building an emergency fund as a safety net to avoid financial pitfalls
  • Shifting your mindset to prioritize saving as a pathway to freedom

RECOMMENDED EPISODES FOR YOU

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

  • 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
  • Why Your Retirement Budget Is Most Likely WRONG
  • Life Advice From A 63 Year Old Self Made Millionaire

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

  • 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
  • How to Stay Ahead as the Middle Class Shrinks: https://youtu.be/p-UYDsS879Y
  • Why Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1c


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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