Building Your Money Machine - podcast cover

Building Your Money Machine

Mel H Abraham, CPA, CVA, ASAmelabraham.com

Welcome to 'Building Your Money Machine,' (fka The Affluent Entrepreneur Show) hosted by Mel Abraham, CPA, a renowned financial expert and author of USA Today Bestseller, 'Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!.' On this podcast, Mel shares his insights and experiences from over 30 years in the field of wealth-building, entrepreneurship and mentorship to financial freedom. Each episode provides actionable strategies to master your money, remove financial stress, and live a life by choice, not chance. Whether you work for a company, are a seasoned entrepreneur or someone just starting out on your financial journey, this podcast offers the tools, actionable frameworks and knowledge you need to create your own money machine and secure your financial future. Tune in weekly for expert advice, inspiring guest interviews, and the practical wisdom that will help you take control of your financial destiny. Subscribe now and start building the life you’ve always dreamed of.

Episodes

Turning Your Words Into Money & Wealth With Brandon Lucero

Welcome to a special episode of the Building Your Money Machine Show. Today, I had an incredible conversation with a dear friend of mine, Brandon Lucero, who is one of the best in the field of communication. You might be wondering why we're discussing communication on a money machine show. Here's the secret: communication is key to unlocking dollars, sales, conversions, and even effective leadership within your team. In this episode, I sat down with Brandon to explore the powerful impa...

Mar 11, 202544 min

It Took Me 30+ Years to Realize What I'll Tell You in 22 Mins

Welcome to this transformative episode of the Building Your Money Machine Show. Today, I'm sharing insights I've gained over three decades in the financial world—insights I wish I could have grasped earlier. Imagine saving decades of trial and error on your path to financial freedom. This episode is for anyone feeling stuck in the endless chase for financial milestones that never quite lead to security or happiness. Through a deeply personal story, I reflect on a life-changing moment t...

Mar 10, 202522 minEp. 306

The Benefits of Getting Rich Without Anyone Noticing

Welcome to another enriching episode of the Building Your Money Machine Show. Today, we're uncovering the transformative concept of building wealth unnoticed, a strategy that champions freedom, security, and peace of mind over the often misleading allure of status symbols. In a world dominated by social pressures and appearances, standing out quietly can be your biggest asset. I pose the idea that true wealth isn't about flaunting Lamborghinis or designer threads. Instead, it's ab...

Mar 06, 202526 minEp. 305

I Started A Business Because I Was Depressed (Now I'm Financially Free)

Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, I’m sharing a deeply personal journey, one that transformed my life from feeling stuck in a high-powered career to reaching financial freedom by aligning my passions with my values. If you've ever felt trapped in a life that you didn't design or yearned for a career filled with more meaning, this episode was made for you. I take you back to 1989 when I stood on one of the tallest buildings in d...

Mar 03, 202525 minEp. 304

If You're Ambitious But Lazy, Watch This Video

Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, we're tackling a question that resonates with many: Why do so many ambitious individuals feel stuck financially despite having big dreams and a strong drive? If you're feeling like your ambition doesn’t match your bank account, this is your calling. In this episode, I delve into how to escape the financial hamster wheel and why you're not lazy; you're simply following the wrong playbo...

Feb 27, 202532 minEp. 303

9 Financial Goals You Must Hit By 60

Welcome to another episode of the Building Your Money Machine Show. Today, we're tackling an essential topic – the nine financial goals you must hit by 60 to secure the life you deserve. Whether you're in your 60s, exploring your financial journey, or a bit younger but eager to set a strong foundation, this episode is packed with invaluable guidance to help you navigate the path to financial security and freedom. Join me as we explore these crucial goals that are necessary, regardless ...

Feb 24, 202537 minEp. 302

Financial Advisor Reacts To Finance Tiktoks

Welcome to a uniquely exhilarating episode of the Building Your Money Machine Show! Today, I’m diving into the world of financial advice across social media, specifically TikTok, and providing my seasoned reactions and perspectives. If you’re puzzled by the financial guidance popping up on your feed, this episode will be enriching. I delve into a range of TikTok advice, focusing on understanding the language of money, and unconventional tips like game shows. We’ll explore which strategies truly ...

Feb 20, 202533 minEp. 301

Don't Tell People THIS About Your Finances

Welcome to another episode of the Building Your Money Machine Show. Have you ever shared financial details—your income, investments, or debts—only to later wish you'd kept things private? Then this episode is for you. Together, we're going to talk about the financial secrets we should keep to ourselves and why even the wealthiest choose discretion over disclosure. I explore the reasons oversharing can be problematic, from creating envy to inadvertently inviting scams. Your finances are...

Feb 17, 202527 minEp. 300

13 Habits I Wish I Started In my 40s

Welcome to another transformative episode of the Building Your Money Machine Show. Today, I invite you to embark on a journey through the pivotal habits I wish I had adopted in my 40s — habits that could transform your life's trajectory, whether you find yourself in your 20s, 30s, 40s, or even beyond. This episode is your compass to enriching your life, enhancing your financial well-being, and making the most of your days as you navigate different life stages. In this heartfelt conversation...

Feb 13, 202532 minEp. 299

This Is What A Financial Plan SHOULD Look Like

Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're exploring why a financial plan isn't just about the numbers; it's about crafting the dream life you've always envisioned. Have you ever found yourself feeling stuck, overwhelmed, or just unsure about the financial steps needed to bridge the gap between your current situation and your desired life? Then this episode is for you, and I promise to guide you step-by-step in rethinking y...

Feb 10, 202536 minEp. 298

My 12 Sources of Income at Age 63

Welcome to an eye-opening episode of the Building Your Money Machine Show. Today, we're taking a look behind the curtain as I reveal the 12 income streams I have built by the age of 63—streams that were actually established decades ago and have provided me with the freedom to live life on my own terms. In this episode, we delve into how you can achieve financial freedom by creating multiple income streams, understanding the necessity of diversification not only in investing but also in inco...

Feb 06, 202533 minEp. 297

Finance Expert Ranks Best and Worst Investments

Welcome to another strategic episode of the Building Your Money Machine Show! Today, I'm breaking down the overwhelming world of investments to provide you with a clear roadmap to wealth-building. Ever wondered which investments you can trust, which to avoid, or which simply to laugh at? This episode's got you covered. We start with the different tiers of investments, categorizing them from Wealth Champions all the way to Wealth Drainers. I'll rank various investments and explain ...

Feb 03, 202530 minEp. 296

Why Having Money Is Better Than Spending Money

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...

Jan 30, 202522 minEp. 295

If You Can Spare 15 Mins, You'll Get 20 Years of Your Life Back

Welcome to another transformative episode of the Building Your Money Machine Show. This time, I'm asking you to think deeply about the true quality of your life. What if you could not only add 20 years to your life but significantly enhance the quality of those years? If you've ever felt life slipping past you or questioned if you're truly living the life you were destined for, then this episode is tailor-made for you. In my journey, I’ve discovered three primary life changes that...

Jan 27, 202517 minEp. 294

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

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 wi...

Jan 23, 202535 minEp. 293

9 Financial Habits Holding You Back In Your 40s

Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're going to identify and dismantle the nine financial habits holding you back in your 40s — wisdom that’s not bound by age. Whether you're in your 20s, 30s, 40s, or beyond, this episode is laden with timeless advice to elevate your financial journey. In your 40s, you’re at a crucial juncture where every financial decision holds more weight. From rising incomes to escalating expenses with kids, ...

Jan 20, 202528 minEp. 292

The Real Reason Why You Feel Behind Financially

Welcome to another empowering episode of the Building Your Money Machine Show. Ever felt like everyone else is ahead of you financially? You scroll through social media and see the luxury vacations, new cars, and dream homes, and it leaves you wondering — why does it seem like everyone has more money than you do? If you've ever felt this way, this episode is for you. In this episode, I break down why it feels like everyone else is financially ahead of you, and more importantly, how you can ...

Jan 16, 202528 minEp. 291

How to Stay Ahead as the Middle Class Shrinks

Welcome to another pivotal episode of the Building Your Money Machine Show. Today, we're tackling a topic that affects millions of us: How to Stay Ahead as the Middle Class Shrinks. It’s no secret that economic pressures are squeezing the middle class, and I’m here to equip you with strategies. The middle class, traditionally seen as a foundation of financial security, is rapidly shrinking. From stagnant wages to rising living costs, and the transformative impacts of technology and automati...

Jan 13, 202537 minEp. 290

Why Your Retirement Budget Is Most Likely WRONG

Welcome to another enlightening episode of the Building Your Money Machine Show. Ever wondered if the retirement plan you're following might be completely wrong? Today, we're dismantling the conventional wisdom around retirement planning—a topic that's critical to ensuring you don't just survive your retirement, but actually thrive in it. In this episode, I tackle why the common advice of aiming to replace 70-80% of your pre-retirement income might be setting you up for disap...

Jan 09, 202530 minEp. 289

Life Advice From A 63 Year Old Millionaire

Welcome to a unique and reflective episode of the Building Your Money Machine Show. Today, I’m shifting gears to share some life-changing wisdom—lessons gleaned from over six decades of trials, triumphs, and everything in between. This episode isn’t just about financial freedom; it’s about creating a life you love to live, mastering your money, and eliminating financial stress so you can enjoy the ultimate freedom—choice. In this special installment, I lay out 14 life lessons that have profoundl...

Jan 06, 202527 minEp. 288

My Copy-Paste Strategy To Become Wealthy The Lazy Way

Welcoming you to another episode of the Building Your Money Machine Show! Today's topic is all about demystifying the process of building wealth with my Copy-Paste Strategy to Become Wealthy the Lazy Way. If you're overwhelmed by the thought of constant hustling to grow your money, this episode is your guide to a simpler, stress-free path to financial freedom. Join me as I break down 8 simple, proven strategies you can literally copy and paste into your life to stack your way to wealth...

Jan 02, 202530 minEp. 287

The Alarming Rise of "Money" Dysmorphia

Welcome to another eye-opening episode of the Building Your Money Machine Show. Today, we're tackling an increasingly prevalent issue that I call "money dysmorphia"—a financial anxiety condition affecting so many of us, no matter our financial standing. This episode delves into how financial stress can lead to isolation, strained relationships, and even impact your physical health. Financial wellness is the critical link between your mental and physical well-being—something we can...

Dec 30, 202435 minEp. 286

Why Most People Don't Invest (Even Though They KNOW They Should)

Welcome to another eye-opening episode of the Building Your Money Machine Show. Today, we're tackling a crucial topic: Why Most People Don't Invest (Even Though They KNOW They Should). This episode is all about addressing the fears, misconceptions, and barriers that hold so many back from taking the plunge into investing, even when they understand its importance. Let’s dive into the psychological barriers around investing. Fear ranks high on the list—fear of losing money and the miscon...

Dec 26, 202433 minEp. 285

If You're In Your 50s or 60s... You Need To Watch This.

Welcome to another crucial episode of the Building Your Money Machine Show where we're tackling a pressing question that many of you might be facing: What would you do if you were in your 50s or 60s with little to no savings, and retirement is right around the corner? In this episode, we dive straight into actionable steps you can take to secure your financial future, even if you're starting late in the game. At 63 years of age, I understand the anxiety that comes with approaching reti...

Dec 23, 202426 minEp. 284

My Biggest Problem With The "Middle Class"

Welcome to another empowering episode of the Building Your Money Machine Show. Today, I challenge you to rethink the 'middle class' label and the mindset that may be limiting your financial potential. Are you truly middle class, or is it just a label that's holding you back? If you've ever felt like you're merely scraping by, living paycheck to paycheck, or playing it safe, this episode is for you. In this powerful discussion, I dig deep into the hidden problem with the ...

Dec 18, 202423 minEp. 283

6 Assets You Should Own By Your 40s

Welcome to another enlightening episode of the Building Your Money Machine Show. Today, we're going to explore the six essential assets you should own by your 40s to set yourself up for financial success — and trust me, these insights are game-changers. In this episode, we'll start with the foundation of any robust financial portfolio — cash and liquidity. Having a "peace of mind fund" that covers 9-18 months of expenses is crucial. We'll debunk the myth that "cash ...

Dec 16, 202439 minEp. 282

What Trump's 2024 Term Could Mean for Taxes and Social Security

Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, we’re diving into some of the most crucial changes that might impact your taxes and Social Security, especially if we see a return of a Trump administration in 2024. This episode is here to help you understand what’s on the horizon and how it could shape your financial future—without getting political! You might feel overwhelmed by the idea of rising taxes and expiring benefits, not to mention what the f...

Dec 12, 202428 minEp. 281

How To Prepare For The Great Melt Up

Welcome to another pivotal episode of the Building Your Money Machine Show! Imagine I told you that the most severe financial crisis isn't a recession or a stock market crash, but something far more subtle and pervasive — something that's happening right now. Today, we're breaking down the concept of the "Great Melt Up," a scenario that could drastically impact your finances and your freedom to live the life you desire. In this episode, I'll dissect what the Great M...

Dec 09, 202429 minEp. 280

If You're 40+ and Saved Nothing For Retirement, watch this...

Welcome to another insightful episode of the Building Your Money Machine Show. If you’re feeling the pressure of not having saved for retirement yet and you’re in your 40s or beyond, this episode is specifically tailored for you. I get it — the future can seem daunting if you're not financially prepared, but I'm here to tell you it's never too late to start. Many folks aged 40-49 find themselves in a precarious situation, often with less than $10,000 in retirement savings. If this...

Dec 05, 202436 minEp. 279

The biggest wealth transfer in US history is happening right now...

Welcome to another enlightening episode of the Building Your Money Machine Show. Today, we're uncovering a monumental financial event — the biggest wealth transfer in U.S. history that's unfolding right now. This $84 trillion transfer, positioned to reshape the economy, represents a golden opportunity for those who are prepared, whether they’re inheriting these riches or not. I'll break down why this isn't just about money changing hands; it’s a seismic shift in homes, busine...

Dec 02, 202427 minEp. 278