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
Never Make These 12 Mistakes if You Want to Retire
Welcome to another powerful episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on why so many hardworking people spend 40 years saving faithfully, only to find themselves broke or stressed out in retirement. Let me assure you—it’s not because you didn’t work hard enough. It’s because you might have fallen for certain myths or made some silent mistakes you didn’t even know were happening.
In this episode, we’re tackling the three biggest retirement myths that can derail your future and walking through 12 critical mistakes that could quietly sabotage your freedom. More importantly, I’ll show you exactly how to avoid them so you can finally live the retirement you’ve been dreaming about.
Here’s the truth: earning more doesn’t make you free. Building a money machine—where your money works harder for you than you did for it—does. And retirement is not the finish line, it’s the starting line for a life of choice and meaning.
Drawing from my own journey, I share why chasing some “magic million dollar” number can be a mirage, why you can’t count on Social Security to save your retirement, and why building a plan centered around YOUR desired life—not someone else’s number—is the only way to create real financial freedom.
IN TODAY’S EPISODE, I DISCUSS:
- The 3 most pervasive retirement myths—and how they keep you stuck
- Why your “magic number” needs to be based on your lifestyle, not generic rules
- How over-relying on Social Security puts your dreams at risk
- What retirement really means (hint: it’s not about income, it’s about choice!)
- 12 crucial mistakes that can ruin your retirement
RECOMMENDED EPISODES FOR YOU
If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
- The Real Cost of Pretending to be Rich
- 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
RECOMMENDED VIDEOS FOR YOU
If you liked this video, you'll love these ones:
- The Real Cost of Pretending to be Rich: https://youtu.be/D8DgveoFPEM
- 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
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.
When you do you’ll also get over $1100 in wealth resources & bonuses for FREE!
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
