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Building Your Money Machine
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.
Building Your Money Machine
088 Making a Lot of Money Doesn't Guarantee Wealth
Making a Lot of Money Doesn't Guarantee Wealth!
In fact, the amount of money you make has far less to do with your ability to create wealth than you think. A recent study of over 10,000 millionaires (Dave Ramsey) showed that the majority of millionaires in the study were making less than $150,000 a year.
Too often we are solely focused on on acquiring assets instead skill sets. It is the skill sets that will transform your financial destiny forever.
In this episode, I dive into what to focus on and what happens if you don't get this right. It can be devastating for sure.
★★★ READY FOR AN UNSHAKEABLE FINANCIAL FOUNDATION? ★★★
Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com