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What do you need to do to build wealth in your 60’s?This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age.In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom.Then I give you some decade-specific tactics to execute on and the things to beware of that can destroy your wealth journey.Financial freedom is your birthright and this series will move you forward no matter where you’re starting from.Now before you go skipping to your decade I am going to invite you to start at the beginning to understand how things change through the years and besides you can pass these on to your kids and friends depending on where they are in their journey.IMPORTANT: No one is too late to start wealth building and it is NEVER too early to start. Wherever you are NOW is the best time to

Today I’m talking to my dear friend, Chris Harder, about how we can lead a rich and wealthy life beyond just accumulating money. If you don’t know Chris, he is a successful entrepreneur, investor, and business advisor. But more importantly, he is focused on impact and generosity through entrepreneurship and how to create lives that are full of richness.We both believe that wealth creation is less about money and more about the behaviors you have.We all have the power of changing our behaviors and developing positive habits in order to find the financial freedom we all deserve. It is actually simple if you have the right priorities, processes, and principles at work in your life. That doesn’t mean it is always easy, but it is simple.You’ll hear some of the struggles Chris and I went through on our journeys and the importance of having a sound foundation to bounce back.Remember that money is a tool that will help you achieve the life you’ve always dreamed of. It doesn't matter what that life looks like, yo

How Entrepreneurs Really Build Wealth!I don't have to tell you that your business can be your most powerful wealth building tool...But if you are solely focused on your business as your wealth, as powerful as it is, it becomes the single point of failure for your financial future.The fact is that it isn't just wealth we want to think about, it is about making sure we are living a rich life.Richness is how we experience life and NOT simply the money in a bank account. Let's face it there are plenty of folks that have large bank account but are fulfillment broke! They are a miserable.That isn't the way to live. You are meant for more and you deserve more for sure.Even if you can get the highest returns from your business, there are other consideration to bring into play. In this episode, I give you a framework from wealth, richness and what to coniser beyond how much money you can make.★★★ READY FOR AN UNSHAKEABLE FINANCIAL FOUNDATION? ★★★ Join the VIP EXCLUSIVE LIVE Experience called The Af

What do you need to do to build wealth in your 50’s?This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of that can destroy your wealth journey.Financial freedom is your birthright and this series will move you forward no matter where you’re starting from.Now before you go skipping to your decade I am going to invite you to start at the beginning to understand how things change through the years and besides you can pass these on to your kids and friends depending on where they are in their journey.IMPORTANT: No one is too late to start wealth building and it is NEVER too early to start. Wherever you are NOW is the best time t

The way we see opportunities is different for everybody. Some will see them as a risk, some as luck, and others will see a crisis and turn it into something positive for them.As an entrepreneur, you need to understand what's happening in the financial world so you don’t fall into the trap of making emotional financial decisions. Even if you have a financial advisor, their role is to help you steer towards your goals, but ultimately you are the captain of the ship. Make sure that you’re working as a team towards those goals.The fact is that it is less about what your advisors want to do for you and more about how they can facilitate the achievement of your affluence vision, no matter how big it is.We all can change our financial future. As entrepreneurs, you cannot continue traditional financial advice. If you want to create an exceptional life, you need to be exceptional. You need to see what others don't.TODAY OUR CONVERSATION INCLUDES:4 things to take into consideration when listening to a financi

Are you getting good advice from your financial advisorHow do you know you have a good financial advisor?How do you choose a good financial advisor?Often advisors work in a company that ties their hands on what they can offer you. They also can have biases based on their corporate requirements or even how they are compensated.The only investments that should be in front of you are those that are the ABSOLUTE BEST for you and your SPECIFIC Circumstances. Unfortunately, many advisors lookat investments based on suitability. I get it suitability is one standard but does not mean it is the absolute best for you.Realize some advisors are simply sales people and driven by the sales process not the advising process.So what do you need to look for in an advisor?What questions should you ask?What you should tell them you want with respect to your vision and relationship?★★★ READY FOR AN UNSHAKEABLE FINANCIAL FOUNDATION? ★★★ Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FRE

What do you need to do to build wealth in your 40’s?This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of that can destroy your wealth journey.Financial freedom is your birthright and this series will move you forward no matter where you’re starting from.Now before you go skipping to your decade I am going to invite you to start at the beginning to understand how things change through the years and besides you can pass these on to your kids and friends depending on where they are in their journey.IMPORTANT: No one is too late to start wealth building and it is NEVER too early to start. Wherever you are NOW is the best time t

Should I Pay Down My Mortgage or Invest? Another great question that I answer along with others in this episode.I do a live Q&A episode of my show on Instagram weekly called, Money Mentoring Over Coffee. This episode is a segment of that show where I answered specific questions that would be available to those that couldn’t attend. Enjoy and if you have any questions join me on my lives or send me your question at www.AskMelNow.com. QUESTIONS ON THIS EPISODE:07:25 - What is rebalancing your portfolio and when you should do it?16:17 - Should you buy life insurance or disability insurance?21:41 - What to do if you have extra cash? Invest it or make an extra mortgage payment?JOIN THE VIP EXCLUSIVE LIVE EXPERIENCE CALLED THE AFFLUENT ENTREPRENEUR LIVE:It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.comTAKE THE FINANCIAL LIBERATION ASSESSMENTTake this free

The Steps to Financial Freedom...it's a question I get at least a few times a week.As much as I want to help you get to financial freedom, I am more excited about getting you to live an affluent life. Affluence is often confused with opulence but they aren't the same at all. The fact is that an affluent life has 4 factors to it and only one of them has anything to do with money.Once we get clear on how you define your affluent life, you can then walk through the stage to financial freedom. Although financial freedom is typically defined as a a number, the process to get to the number will take you through 4 stages of what I call the financial liberation journey.In this episode, I take you through the key components of an affluent life and the 4 stages of the financial liberation journey so you can see the path to your financial freedom number.★★★ READY FOR AN UNSHAKEABLE FINANCIAL FOUNDATION? ★★★ Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it

What do you need to do to build wealth in your 30’s?This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of that can destroy your wealth journey.Financial freedom is your birthright and this series will move you forward no matter where you’re starting from.Now before you go skipping to your decade I am going to invite you to start at the beginning to understand how things change through the years and besides you can pass these on to your kids and friends depending on where they are in their journey.IMPORTANT: No one is too late to start wealth building and it is NEVER too early to start. Wherever you are NOW is the best time t

Sometimes it seems like it’s easier to create excuses than solutions. When it comes to money, I see my students constantly finding the same excuses to avoid taking full control of their financial future.Throughout the years, I've found that there are seven recurring excuses that people use to avoid going after their dreams and goals. I have also found, however, how to break through them so you can get your money to work harder for you. My goal? To help you make your money work harder for you than you ever did for it. You may believe that things are hard because there are some obstacles in your way, but you also may be forgetting that everything is hard at first. If you take action while being patient and consistent, you will end up achieving your goal: financial freedom.If you are anything like me, I bet you will be able to relate to one or more of these excuses. Yep, I had some of the same excuses but found a way to overcome them. Here’s the insidious thing though…I didn’t realize they were excuses unti

Making a Lot of Money Doesn't Guarantee Wealth!In fact, the amount of money you make has far less to do with your ability to create wealth than you think. A recent study of over 10,000 millionaires (Dave Ramsey) showed that the majority of millionaires in the study were making  less than $150,000 a year. Too often we are solely focused on on acquiring assets instead skill sets. It is the skill sets that will transform your financial destiny forever.In this episode, I dive into what to focus on and what happens if you don't get this right. It can be devastating for sure.★★★ READY FOR AN UNSHAKEABLE FINANCIAL FOUNDATION? ★★★ Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com Sign up to join me on a private Zoom call and accelerate your way to financial freedom at melabr

What do you need to do to build wealth in your 20’s?This special Wealth By the Decade series that was born out of your questions and requests to understand the specific things to focus on depending on your age. In each episode I breakdown the key theme of the decade as well as the primary focus and priorities for the decade that drive wealth. This is about you getting right on the path to financial freedom. Then I give you some decade-specific tactics to execute on and the things to beware of that can destroy your wealth journey.Financial freedom is your birthright and this series will move you forward no matter where you’re starting from.Now before you go skipping to your decade I am going to invite you to start at the beginning to understand how things change through the years and besides you can pass these on to your kids and friends depending on where they are in their journey.IMPORTANT: No one is too late to start wealth building and it is NEVER too early to start. Wherever you are NOW is the best time t

Social media has become a big part of our daily lives. We’re constantly sharing and consuming information from all over the world, which ends up becoming part of our routines, habits, and thoughts.Although we think it doesn’t affect us, it does. Social media has created a phenomenon in which we’re comparing ourselves to other people all the time because we’re thinking about social media metrics as a self-worth metric.Sometimes we start thinking that if we don’t have what people show us on their social media pages, then we are not special or worthy. Let me tell you–that is simply not true. This problem doesn’t only affect how you see yourself but also how you interact with the world around you, especially in financial terms. We need to take time to understand what we are seeing, filter the information we are consuming, and untangle what we define as the truth on social media. That's why, in this episode, I'm giving you a few tricks to avoid being caught up in the social media trap so you can make bet

Your business is not a good wealth plan!Here’s what know if you’re anything like me, you came into your business because you wanted to serve but you also expected it to give you freedom and wealth.Quickly you find yourself on the treadmill running hard and fast with everything invested (time, effort AND money) but with very little wealth or freedom.It is the biggest mistake and misconception most entrepreneurs have as they try to grow their wealth. The other issue is that everything is relying on you and your effort while having any and all wealth captive in the business and nothing outside of it.Imagine for a moment being able to have the business but also have enough wealth that the operation and profitability of the business no longer matters and doesn’t define your life.The missing piece is that as you grow your business you also need to build a money machine outside the business. It is the money machine that gives you the control, freedom and true wealth.In this episode, I talk through this in depth so y

Get ready to welcome one of my very first guests to the show, Bobby Goodwin, who was part of my “money plan workshop”. Today we’re discussing how this workshop helped him get on his journey to financial freedom.You’ll hear about how he turned the tables and grabbed ahold of his financial ship, little by little, by creating a plan, tackling debt, and starting to work on creating wealth.Bobby is sharing all the steps he took to go from his “drowning point” to his “breakthrough point”. As Bobby, the steps you take don’t have to be big, because small steps become grand overtime and make a real difference in the whole process of your financial journey.Today our conversation includes: What our current financial situation looks likeThe steps towards our financial freedomHow to face debtMaking the best plan to get out of debtThe concept of leapfrog funding, and we take some of our income to make different paymentsResources mentioned:Episode 040 Getting Out of Debt the Affluence Way: https://podcasts.apple.com/us/podc

You need to give your money a purpose beyond the currency it represents. The fact is that those that have a purpose behind their money find that their ability to create wealth is higher.My guess is that at some point you have wondered about your purpose, meaning, and what will make you truly happy. Finding that answer and the why behind it is not always easy. The reality is money is simply one of the tools you can use to fulfill your purpose or get behind a movement or mission. The other thing is to realize as life changes your purpose can change, along with the set of tools you’ll require to continue to move towards your purpose. The fact is that money is always a result and never a purpose in and of itself; rather, it’s a driving force, the fuel that allows you to live your purpose,  find financial freedom, and create an affluent lifestyle.In this episode, I share with you some steps you can take to make your money work FOR you. I also want to help you understand how you can determine your purpose based on

The Gift in Cancer...That is an odd statement for sure. But the reality is that the lessons that came from my cancer journey were huge and completely shifted my perspective and my life. It allowed me to see the need to be financially free and to be able to live a "get to" life vs a "have to" life.We are all given a limited number of slices of life to live...the question are you living them fully and are you building something your future self would be proud of.I hope this gives you a better insight into what is driving me today, why I am so passionate about life and helping you become financially free.And maybe it will shine a light on the path you need to be on to live your "get to" life!To register for my upcoming EXCLUSIVE LIVE Training The Affluent Entrepreneur LIVE go to AffluenceLive.comSign up to join me on a private Zoom call and accelerate your way to financial freedom at melabraham.com/coffee Join me for a 3-part, free live training where I teach you the blueprint to be

This is a very special episode because I am for the first time talking to my son about his financial journey. But we've never really spoke deeply about what it was like for him to be raised under my wing.Jeremy talks about how he approached money, wealth and business...and life. Jeremy and his wife Kamie are 32 and 30 years old with 3 homes and a multi million dollar net worth.At 14 years old he started doing business and seeing that he cold make money and that it would be the key to financial freedom. The two of them also take a month off to live in a foreign country and experience life.Jeremy and Kamie are an example of what is possible when you have the right priorities, processes, principles and pathway. It isn't about age or stage in life but rather the approach you take to it all.What You'll Get In This Episode:- At 15 realizing that making money was a path to options in life. - Why tension around money and savings is important to your financial future.- The importance of habits that driv

I don’t need to tell you that we are having some big shifts in the economy, prices, the stock market, and anything having to do with your money.I get it, changes are part of life. You can’t avoid or fully anticipate them but you definitely can prepare for them. Every choice you make comes with a risk, and your capacity to take on that risk will depend on how well-informed you are. To put it simply, the more you know about things, the more you can control their outcome.When the market is unpredictable and volatile, you will most likely see changes coming your financial way. It will hit your retirement, your savings, and your everyday living. That’s why understanding how the market is shifting is such an important part of The Affluence Blueprint and for an Affluent Entrepreneur like you.Once you understand how your environment is operating, you can determine whether or not an investment opportunity is good or bad for your portfolio.In this episode, I’m talking about some of these changes and how important it is