Are you interested in making your money work for you? Listen to Cayla and her guest, Mel Abraham, discuss the need to invest your money first and how to design your lifestyle around what’s left, why entrepreneurs are building a house of cards without even knowing it, some real practical advice you can implement today plus much more on this Mommy Millionaire Podcast episode.
Mel is a CPA by education but an entrepreneur by exhilaration and an author of the number one bestseller, The Entrepreneur’s Solution: The Modern Millionaires Path to More Profit, Fans, and Freedom. Mel is the founder of Thoughtpreneuer Academy and Business Breakthrough Academy, where he helps entrepreneurs bring their businesses to the world and build the lifestyle they want. He is a globally recognized thought leader, business adviser, CPA, and financial expert sharing stages with a long list of Fortune 500 Companies and beacons in the personal development industry.
Mel discusses finding the right financial planner and a few things to think about when searching. Mel talks about the five levels of income and how the top three should replace 75 to 100 percent of your income. He also speaks about creating a perpetual income machine that, when activated, can keep you financially stable when something unexpected happens, like when he was diagnosed with cancer.
Listen, as Mel shares the difference between those that will build wealth and those that won’t, how to set up your business for success and to know your outcome and then work your journey to get to that outcome. Mel believes that when investing, you should start with the safe and mundane to build your portfolio before you dabble in the more risky investments.
If you are interested in making money, you need to be committed to keeping your money and making your money work for you. Mel shares many tips and insights to help you on your journey to financial success. You don’t want to miss this episode.
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