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Building Your Money Machine ft. Mel Abraham

Building Your Money Machine ft. Mel Abraham

FromThe Fortitude Show


Building Your Money Machine ft. Mel Abraham

FromThe Fortitude Show

ratings:
Length:
86 minutes
Released:
Jun 10, 2024
Format:
Podcast episode

Description

Get ready to have your financial paradigms shattered and rebuilt from the ground up! Today, we’re diving deep into the art of building your own money machine with none other than the Money Mentor himself, Mel Abraham!
Mel’s wisdom isn’t just theoretical. He walks you through every step of the process, from investing your first $5 to mastering advanced tactics for seasoned investors. No matter where you are on your financial journey, Mel has the roadmap to help you reach your goals.
But this episode isn’t just about dollars and cents. Mel takes us on a journey to discover the true meaning of wealth and how to live a life of abundance, regardless of your current financial situation. Learn when to hold onto your money and when to let it flow, as Mel shares his Joy Principles and guides you to set your own standards for success. 
If you’ve ever felt lost in the world of finances or struggled to make sense of it all, this is your moment. Tune in now and let’s make those money dreams a reality!
In this episode, you will learn:
Mel’s triumphant battle with cancer and his reflections on what matters most in life
How Mel shifted his focus from selling to monetizing his journey
Wealth creation habits and the importance of defining one’s dreams
Embracing sustainable joys over momentary pleasures
The first thing you need to identify if you want to achieve financial freedom
How to begin investing and where to start
What is a high-yield savings account?
Index Funds and ETFs
Things to steer clear of when you’re new to investing
What is a target date index fund and how does it work
When is the right time to withdraw funds to maintain the compound effect while still enjoying life
The real reason why you need to hire a financial advisor
The importance of teaching financial literacy to children from a young age
What is a Cash Resource Plan?
Destructive vs Productive Debt
And so much more!

Links and Resources:
Building Your Money Machine by Mel H. Abraham, CPA | https://www.melabrahamtraining.com/yourmoneymachinebook 
Learn from Mel | https://melabraham.com/learn/ 
Bankrate | https://www.bankrate.com/ 
Wealthfront | https://www.wealthfront.com/ 
Fortitude Mentorship | https://www.fortitudementorship.com/

Connect with Mel:
On Website | https://melabraham.com/
On Instagram | https://www.instagram.com/melabraham9/ 
On Facebook | https://www.facebook.com/melhabraham 
On YouTube | https://www.youtube.com/channel/UCC9GZQdD2OVZ_jrqgxKhuCQ 
On LinkedIn | http://www.linkedin.com/in/melhabraham 

Connect with Emily
On Website | https://meetemilyford.com/
On Instagram | https://www.instagram.com/itsemily
On Facebook | https://www.facebook.com/itsemilymethod
On YouTube | https://www.youtube.com/c/ITSEMILYFORD

Connect with Jake
On Website |  http://www.jakehavron.com
On Podcast | https://www.jakehavron.com/podcast/
On Instagram | https://www.instagram.com/jakehavron/
On YouTube | https://www.youtube.com/channel/UCxG3bKqLK_M_HZpOgiVrtng
Released:
Jun 10, 2024
Format:
Podcast episode

Titles in the series (100)

Welcome to the ITSEMILY podcast where you’ll find tips, tricks, and tools that will help you navigate through the world of business and entrepreneurship. Take this as your personal business and life course bringing you the perfect combination of hustle and flow. Listen in every week as your host, Emily, founder of the ITSEMILY method, brings the fire to your ears and serves as your personal virtual mentor.