EPISODE · Mar 21, 2024 · 24 MIN
[FINANCIAL ADVISOR REVEALS] 8 Ways We Are Taught To Be Poor
from Building Your Money Machine · host Mel H Abraham, CPA, CVA, ASA
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 journeyShifting our mindset towards the wealth formula and leveraging productive debtUnderstanding the opportunities in market downturns and the importance of making investing a priorityRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Get the Right CPA & Why It Matters7 Money Excuses That'll Keep You Broke!Your Financial Advisor May Not Be Telling You the Truth!Traditional Financial Advice Doesn't Work for Entrepreneurs RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk 7 Money Excuses That'll Keep You Broke!: https://youtu.be/dMyNonXrxVE Your Financial Advisor May Not Be Telling You the Truth!:https://youtu.be/1FDZfejefQ8 Traditional Financial Advice Doesn't Work for Entrepreneurs: https://youtu.be/Rz3gSOxSeWQ 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 OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tubeInstagram (@melabraham9): MelAbraham.com/igFacebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamGET MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
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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 harm...
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[FINANCIAL ADVISOR REVEALS] 8 Ways We Are Taught To Be Poor
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