Building Your Money Machine
Welcome to 'Building Your Money Machine, 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
1970s Money Habits Not Taught Today... That We Need in 2025
Welcome to another eye-opening episode of the Building Your Money Machine Show. Today, I’m taking you on a trip down memory lane to the 1970s—a wild economic decade full of stagflation, sky-high interest rates, and mile-long gas lines. Yet, my parents and so many others made it work on a single income. They raised families, lived in modest homes, and managed to save, even with all the financial chaos swirling around them.
I wanted to pull back the curtain on those 1970s money habits—the ones many of us were never taught, but desperately need as we head into 2025. These are practical, timeless lessons about spending, saving, and living with intention that can help all of us regain control in today’s world of buy-now-pay-later, easy credit, and constant financial FOMO.
In this episode, I break down the habits, attitudes, and practices from a simpler time, and show you how to adapt them in your own life—without sacrificing modern convenience. I share personal stories from my own family and offer actionable steps to help you live with more financial peace and less pressure, starting today.
IN TODAY’S EPISODE, I DISCUSS:
- Why “Cash Was King” in the 1970s
- The lost art of planned shopping
- How brown-bagging lunch can add thousands to your savings
- Why “fix before you replace” still matters
- Going generic and busting the brand myth
- Couponing as a community sport
- Treating debt with the caution it deserves
RECOMMENDED EPISODES FOR YOU
If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
- Accountant Debunks: The Most Controversial Topics in Personal Finance
- The WORST Investment Lies Told by Finance Gurus
- 8 Signs You're Doing Well Financially (Even If It Doesn't Feel Like It)
- Accountant Explains: The 4 Financial Freedom Zones - How close are you?
- Master Financial Literacy in 32 mins: Everything They Didn't Teach You in School
RECOMMENDED VIDEOS FOR YOU
If you liked this video, you'll love these ones:
- Accountant Debunks: The Most Controversial Topics in Personal Finance: https://youtu.be/9xG2GgrBx8Y
- The WORST Investment Lies Told by Finance Gurus: https://youtu.be/Nlt9-Z61bxA
- 8 Signs You're Doing Well Financially (Even If It Doesn't Feel Like It): https://youtu.be/KKhrKQb-v40
- Accountant Explains: The 4 Financial Freedom Zones - How close are you?: https://youtu.be/Md3mF7zg8fk
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TAKE THE FINANCIAL FREEDOM QUIZ:
Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com
