The Psychology of People Who Have $1M Net Worth

Welcome to another power-packed episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on what truly separates those who actually cross the million-dollar net worth line from those who just spin their wheels — and believe me, it’s not about being smarter, more motivated, or waking up at 4:17am to meditate. It’s all about mastering the psychology around money.

As someone who’s spent over 30 years as a CPA and money mentor, I’ve seen the same patterns play out again and again. Most people will earn enough throughout their lives to reach that magical million-dollar net worth, but very few do. Why? It’s not the income — it’s the behaviors and the psychological traps that hold us back. In this episode, I break down the six key psychological patterns of first-generation millionaires and reveal the actionable steps you can start taking right now to plug those money leaks and build real financial freedom.

I walk you through strategies like delaying gratification, creating an internal locus of control, stress-testing big decisions, and automating your way to wealth. If you’re ready to turn your income into real freedom, this one’s for you.

IN TODAY’S EPISODE, I DISCUSS:

• Why income alone will never set you free 
• How to stop letting feelings drive your money decisions
• The power of delayed gratification
• The surprising truth about time affluence
• The difference between automation and motivation in making your path to a million dollars “aggressively boring”
• The crucial role of emotional regulation

RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/

• The Silent Rules of the Financial System That Keep You Poor
• 7 Assets Rich People Never Buy And The Poor Always Do
• How Much Money Do You Actually Need to Be Rich in 2026
• Psychology of People Who Act Poor When They're Rich
• I Met 400+ Millionaires - This is what I LEARNED

RECOMMENDED VIDEOS FOR YOU
 
If you liked this video, you'll love these ones:

• The Silent Rules of the Financial System That Keep You Poor: https://youtu.be/akr5474dwps
• 7 Assets Rich People Never Buy And The Poor Always Do: https://youtu.be/A9f-IgNKU8w
• How Much Money Do You Actually Need to Be Rich in 2026: https://youtu.be/85I0KQmX9PM
• Psychology of People Who Act Poor When They're Rich: https://youtu.be/KpZEuniVbwk

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