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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
083 Give Your Money a Purpose
You need to give your money a purpose beyond the currency it represents. The fact is that those that have a purpose behind their money find that their ability to create wealth is higher.
My guess is that at some point you have wondered about your purpose, meaning, and what will make you truly happy. Finding that answer and the why behind it is not always easy.
The reality is money is simply one of the tools you can use to fulfill your purpose or get behind a movement or mission.
The other thing is to realize as life changes your purpose can change, along with the set of tools you’ll require to continue to move towards your purpose.
The fact is that money is always a result and never a purpose in and of itself; rather, it’s a driving force, the fuel that allows you to live your purpose, find financial freedom, and create an affluent lifestyle.
In this episode, I share with you some steps you can take to make your money work FOR you. I also want to help you understand how you can determine your purpose based on the context that you are living in because purpose is not a destination, it’s a journey that can as you and your goals do.
Today our conversation includes:
- My definition of purpose.
- Three things that can help you understand what your purpose is.
- A framework to give your dollars a task.
- How to apply the three phases of the Wealth Priority Ladder in your life.
Ready to set 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
Connect with me:
- Website: MelAbraham.com
- Submit Your Questions: AskMelNow.com
- YouTube: MelAbraham.com/tube/
- Instagram (@melabraham9): MelAbraham.com/ig/
- Facebook Group: MelAbraham.com/group/
- TikTok: https://www.tiktok.com/@melhabraham
Check out my book:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/