The Brutal Truth About Money Management No One Wants to Hear
You can start investing with just $100? I made a step-by-step program to help you grow wealth from the ground up. 💥 It’s just $47 (normally $995): https://www.JoinInvestingSimplified.com 📋 SUMMARY Feeling stuck, stressed, or like your finances just aren’t moving forward no matter how hard you work? You’re not alone, and it’s time for some real talk about money management that you won’t hear anywhere else. In this episode of the Building Your Money Machine Show, I tear down the common financial myths holding most people back and reveal the nine brutal truths about money management that everyone needs to hear—truths that could completely rewrite your financial future. I’m sharing stories from my own journey, lessons learned the hard way, and hammering home why your income isn’t the problem—it’s all about your decisions, habits, and systems. Plus, I walk you through a simple, five-step “Money Reset Plan” you can put into action today to finally take control of your financial life and start building real wealth—no magic, no hype, just straight talk and proven steps. 📈 RESOURCES MENTIONED IN THE VIDEO: 👉🏽 Book - "Building Your Money Machine": yourmoneymachinebook.com 👉🏽 Affluent Entrepreneur Facebook Group: melabraham.com/group 👉🏽 Freedom Number Calculator - focuses on lifestyle planning because the idea is to create your life by design: https://www.melabrahamtraining.com/nu... 🏆 SPONSOR/BRAND INQUIRIES: [email protected] 📚 ORDER 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! 👉🏽 GO TO: YourMoneyMachineBook.com 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. Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine. 💰 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 KEEP IN TOUCH: 🌍 My website - https://melabraham.com/ 📸 Instagram - @melabraham9 📱 Twitter - @MelHAb 🎥 Facebook - / melhabraham 🎁 FREE Wealth Building Resources - 💲👉🏽 Basic Freedom Number Calculator - MelAbraham.com/number 💲👉🏽 Debt Breakthrough Calculator - MelAbraham.com/NoDebt 💲👉🏽 Financial Freedom Zone Quiz - YourFinancialFreedomQuiz.com 💲👉🏽 Investment Accounts Demystified - MelAbraham.com/demystified 💲👉🏽 ETF Evaluator - MelAbraham.com/etf 💲👉🏽 Rent vs Buy Calculator - MelAbraham.com/homebuy 💲👉🏽 Lifestyle Cost Calculator -MelAbraham.com/lifestyle 💲👉🏽 Risk Tolerance - MelAbraham.com/tolerance 💲👉🏽 My Money & Wealth Book Picks - MelAbraham.com/wealthbooks ★ WHO IS MEL ABRAHAM ★ I’m a seasoned CPA turned global speaker, entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Money Machine Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. ⏰ TIMESTAMPS: 01:13 The true reason for financial struggle? Lack of strategy. 01:42 Brutal Truth #1: It’s not your income, it’s your decisions. 02:07 How lifestyle creep sabotages your wealth. 04:05 Awareness trumps income every time. 04:16 Brutal Truth #2: You can’t out-earn bad money habits. 05:08 Why starting small builds the right financial muscles. 06:17 Stop the leaks—why it’s not about more money, but less waste. 06:55 Get your “Freedom Number”—know what financial freedom costs. 07:07 Brutal Truth #3: Wealth is slow, but it lasts. 08:06 The magic of boring, consistent investing. 08:41 Brutal Truth #4: No plan? You’re someone else’s profit. 09:58 Brutal Truth #5: Debt isn’t evil—the misuse of debt is. 10:08 Good debt vs. bad debt explained. 11:31 Brutal Truth #6: Liquidity is your safety net. 12:04 The difference liquidity makes in a crisis or opportunity. 13:20 Brutal Truth #7: Not investing is the real risk. 14:47 How much you lose by sitting on cash instead of investing. 15:35 Brutal Truth #8: Systems—not income—build lasting wealth. 16:56 How automating your wealth makes the difference. 17:55 The 5-step Money Reset Plan—exact actions to take back control. 🚧 DISCLAIMERS & DISCLOSURES 🚧 This content is for educational and entertainment purposes only. Mel does not provide tax or investment advice on this show. ALWAYS seek professional advice for your specific circumstances. This description contains affiliate links to resources mentioned in this video and supports the channel at no cost to you. Thank you!
