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
The Real Cost of Pretending to be Rich
Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on a topic that’s everywhere on your social feeds, but rarely talked about honestly: The Real Cost of Pretending to be Rich. If you’ve ever felt that pressure to keep up with the Joneses—posting exotic vacations, driving luxury cars, sporting designer gear—this episode is for you.
Let's be honest: social media has become one big “flex fest.” But here’s the shocking truth—most people flaunting those lavish lifestyles aren’t actually wealthy. They’re exhausted, broke, and trapped in a cycle of debt. Looking rich doesn’t make you free; it makes you fragile.
I dive deep into why the ultimate flex isn’t loud—it's quiet. Quiet wealth, the kind that compounds and grows behind the scenes, always beats the fleeting sparkle of loud wealth. And I know, because I’ve been on both sides. As a CPA and entrepreneur, I once believed success was all about spreadsheets, corner offices, and fancy possessions. But money without meaning is just being broke in a fancier outfit.
IN TODAY'S EPISODE, I DISCUSS:
- Why looking rich isn’t the same as being free
- The true financial cost of flashy purchases
- How emotional and social costs pile up when you’re living for likes instead of your own values
- Why quiet wealth is the path to real, lasting freedom
- The four hidden costs of keeping up appearances
- My three-step practical framework to align your money with your values
- How to use the free Lifestyle Cost Calculator to uncover your TRUE cost of living and start building YOUR money machine
RECOMMENDED EPISODES FOR YOU
If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
- Why Buying a Home is NOT the American Dream
- Why Most Americans Never Escape the Middle Class Trap
- What Everyone Gets Wrong About FIRE
- If You Don't Understand Bonds, You Don't Understand Money
- 7 Things I Wish I Knew Before I Retired
RECOMMENDED VIDEOS FOR YOU
If you liked this video, you'll love these ones:
- Why Buying a Home is NOT the American Dream: https://youtu.be/ERxc8qmfjlA
- Why Most Americans Never Escape the Middle Class Trap: https://youtu.be/VBMqrkvvHrY
- What Everyone Gets Wrong About FIRE: https://youtu.be/OyvPksxNMqo
- If You Don't Understand Bonds, You Don't Understand Money: https://youtu.be/7d9Lz0D0uzA
ORDER MY NEW USA TODAY BESTSELLING BOOK:
Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!
The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that’s no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.
Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.
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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
