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EPISODE · Jan 20, 2025 · 27 MIN

9 Financial Habits Holding You Back In Your 40s

from Building Your Money Machine · host Mel H Abraham, CPA, CVA, ASA

Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're going to identify and dismantle the nine financial habits holding you back in your 40s — wisdom that’s not bound by age. Whether you're in your 20s, 30s, 40s, or beyond, this episode is laden with timeless advice to elevate your financial journey.In your 40s, you’re at a crucial juncture where every financial decision holds more weight. From rising incomes to escalating expenses with kids, mortgages, and aging parents, the stakes are high. Are your habits setting you up for financial freedom or potential devastation? That's what we’ll uncover today.In this episode, I break down the nine must-adopt financial habits by your 40s to regain control, build wealth, and secure the financial future you deserve. These aren't quick fixes but methodology-backed steps that have transformed the lives of my clients and can do the same for you.We’ll talk about building an emergency fund, consistent investing, prioritizing value-aligned spending, and expanding your financial literacy. I'll also urge you to plan for health expenses and align your financial strategies with your bigger life goals.IN TODAY’S EPISODE, I DISCUSS:Creating a clear and intentional financial planUsing cash, not credit, for lifestyle expensesBuilding a fully-funded emergency fundSpending aligned with your values, not social expectationsInvesting in your financial educationPlanning for rising health expenses and securing your financial futureRECOMMENDED EPISODES FOR YOUIf you liked this episode, click here to enjoy these and more:https://melabraham.com/show/The Real Reason Why You Feel Behind FinanciallyHow to Stay Ahead as the Middle Class ShrinksWhy Your Retirement Budget Is Most Likely WRONGLife Advice From A 63 Year Old Self Made MillionaireMy Copy-Paste Strategy To Become Wealthy The Lazy WayRECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:The Real Reason Why You Feel Behind Financially: https://youtu.be/sKEzMGS_S-UHow to Stay Ahead as the Middle Class Shrinks: https://youtu.be/p-UYDsS879YWhy Your Retirement Budget Is Most Likely WRONG: https://youtu.be/vrNcnIJxg1cLife Advice From A 63 Year Old Self Made Millionaire: https://youtu.be/tNhWvaddcjoORDER 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

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9 Financial Habits Holding You Back In Your 40s

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This episode is 27 minutes long.

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This episode was published on January 20, 2025.

What is this episode about?

Welcome to another transformative episode of the Building Your Money Machine Show. Today, we're going to identify and dismantle the nine financial habits holding you back in your 40s — wisdom that’s not bound by age. Whether you're in your 20s, 30s,...

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