Building Your Money Machine

The Only Thing That Stopped Me From Overspending

Mel H Abraham, CPA, CVA, ASA Episode 319

Welcome to another powerful episode of the Building Your Money Machine Show! If you’ve ever looked at your bank account and wondered, “Where did all the money go?” or felt regret after an impulse buy, this episode is for you—because, honestly, it was for me too. Today, I dig deep into my own experience with overspending—how I got caught up in mindless purchases, emotional triggers, and comparison traps, and, most importantly, the game-changing shift that finally helped me get my spending under control.

I share the real cost of overspending—how it’s never just about the money, but about the missed opportunities, future stress, and even the emotional toll that comes from repeating the spend-regret cycle. You’ll hear about my own “confession time”: the time I drove off a car lot on New Year’s Eve with a brand-new car I didn’t actually need. Then I’ll walk you through the hard truths I faced, the wake-up call that changed everything, and my 4P Framework—a simple but effective process that stopped me from overspending without making me feel restricted or deprived.

IN TODAY’S EPISODE, I DISCUSS:

  • The real, lasting cost of overspending—and why even small, mindless purchases can steal your future wealth
  • The three main triggers for overspending: emotional spending, comparison spending, and lifestyle creep
  • Why simply making more money doesn’t fix overspending habits
  • My 4P Framework for spending with intention and joy, not regret:
  • Why it’s critical to design your version of a “rich life,” not just play copycat to what you see online

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