Building Your Money Machine

6 Things I'd Tell My 20-Year-Old Self (as a 63-Year-Old Multimillionaire)

Mel H Abraham, CPA, CVA, ASA Episode 334

Welcome to another episode of the Building Your Money Machine Show! Today, I’m taking you on a personal journey back in time — back to when I was 20 years old. If you’ve ever wished you could go back and give your younger self a roadmap, this episode is for you. As a 63-year-old multimillionaire who’s faced his share of ups, downs, setbacks, and hard-won victories, I’m sharing the six biggest lessons I wish I’d known at 20 — wisdom to help you build both your wealth and the life you truly want.

We talk about why mastering your money mindset trumps just “working hard,” how building your money machine early pays off for decades, and why failure is not your enemy but your best teacher. I open up about the painful moments that redefined what mattered most to me — from business mistakes to cancer scares and the moment my son’s drawing broke open a new chapter in my life.

If you’re tired of chasing someone else’s version of success, or you’re grinding away but feel like something’s missing, this episode will help you reset your compass. I want you to have the insights it took me decades to learn — so you can leapfrog some of the struggles and start thriving now.

IN TODAY’S EPISODE, I DISCUSS:

  • Mastering your money mindset and why money is far more about behavior 
  • How to build your “money machine” early — and why investing beats just earning and saving
  • The critical lesson that people always matter more than profits — and how wealth comes from relationships
  • Why your health is your real wealth and how to prioritize wellness

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