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Content provided by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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[FINANCIAL ADVISOR REVEALS] 8 Ways We Are Taught To Be Poor

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Manage episode 408054478 series 1281827
Content provided by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

RECOMMENDED EPISODES FOR YOU

If you liked this episode, you'll love these ones:

RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:


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.com

Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/

CONNECT WITH ME:

Website: MelAbraham.com

YouTube: MelAbraham.com/tube

Instagram (@melabraham9): MelAbraham.com/ig

Facebook Group: MelAbraham.com/group/

TikTok: https://www.tiktok.com/@melhabraham

GET MY BOOK:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” –
melabraham.com/book/

  continue reading

Chapters

1. Entrepreneur show for high-level success and freedom. (00:00:00)

2. Trade time for money in income formula. (00:04:56)

3. Wealth creation isn't just about math. (00:08:18)

4. Perspective shift: risk and opportunity in uncertainty. (00:11:34)

5. Investing priority, building a money machine for income. (00:15:24)

6. Avoid lifestyle comparisons, focus on personal fulfillment. (00:16:42)

7. Value exchange economy requires focus on solutions. (00:21:37)

8. Wealthy prioritize wealth over short-term earnings. (00:22:57)

337 episodes

Artwork
iconShare
 
Manage episode 408054478 series 1281827
Content provided by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

RECOMMENDED EPISODES FOR YOU

If you liked this episode, you'll love these ones:

RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:


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.com

Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/

CONNECT WITH ME:

Website: MelAbraham.com

YouTube: MelAbraham.com/tube

Instagram (@melabraham9): MelAbraham.com/ig

Facebook Group: MelAbraham.com/group/

TikTok: https://www.tiktok.com/@melhabraham

GET MY BOOK:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” –
melabraham.com/book/

  continue reading

Chapters

1. Entrepreneur show for high-level success and freedom. (00:00:00)

2. Trade time for money in income formula. (00:04:56)

3. Wealth creation isn't just about math. (00:08:18)

4. Perspective shift: risk and opportunity in uncertainty. (00:11:34)

5. Investing priority, building a money machine for income. (00:15:24)

6. Avoid lifestyle comparisons, focus on personal fulfillment. (00:16:42)

7. Value exchange economy requires focus on solutions. (00:21:37)

8. Wealthy prioritize wealth over short-term earnings. (00:22:57)

337 episodes

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