[FINANCIAL ADVISOR REVEALS] 8 Ways We Are Taught To Be Poor from Building Your Money Machine

Building Your Money Machine

Mel H Abraham, CPA, CVA, ASA, CSP

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[FINANCIAL ADVISOR REVEALS] 8 Ways We Are Taught To Be Poor

25 minutes Posted Mar 21, 2024 at 7:00 am.

Entrepreneur show for high-level success and freedom.

Trade time for money in income formula.

Wealth creation isn't just about math.

Perspective shift: risk and opportunity in uncertainty.

Investing priority, building a money machine for income.

Avoid lifestyle comparisons, focus on personal fulfillment.

Value exchange economy requires focus on solutions.

Wealthy prioritize wealth over short-term earnings.

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In this episode, I delve into the harmful money mindsets and behaviors that have been ingrained in us from an early age. I discuss the traditional earnings formula that keeps us trapped in the cycle of trading time for money and offer insights into the lesser-known wealth formula that uses money to make more money. I also talk about the importance of leveraging productive debt and understanding the taxation system to maximize our financial gains.

IN TODAY’S EPISODE, I DISCUSS:

The harmful impact of the earnings formula on our wealth creation journey
Shifting our mindset towards the wealth formula and leveraging productive debt
Understanding the opportunities in market downturns and the importance of making investing a priority

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