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Money Principles I Know At 63 But I Wish I Knew At 40
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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://ppacc.player.fm/legal.
Welcome to another episode of the Building Your Money Machine Show! Today’s episode is all about the money principles I know at 63—but honestly, I wish I’d understood them back when I was 40. If you’ve ever felt behind, overwhelmed, or unsure whether your hard work will actually bring you financial freedom, then you’re in the right place. I’m opening up about my real-life experience navigating through four recessions, overcoming cancer, and raising my son solo from the age of six. Now, decades later, I’m financially free and living a life that’s truly rich—not just in dollars, but in meaning, memories, and experiences.
In this episode, I’m sharing the core money truths that can radically shift how you build wealth and, more importantly, how you live your life. These are the lessons I’d give to my 20-, 30-, and 40-year-old self—the ones that matter beyond just growing a bank account. We’ll challenge the myths around money and discuss why purpose, not just a number, is what really unlocks freedom.
I’m not just handing over financial tactics today—I want you to consider what a truly rich life looks like, so you don’t end up with a full bank account but an empty life.
IN TODAY’S EPISODE, I DISCUSS:
- Why clarity and purpose—not a dollar amount—truly set you free
- The power of systems: earning, multiplying, and guarding wealth
- Why growth, not just accumulation, is the ultimate goal
- The role of generosity in creating a fulfilled and prosperous life
- How an emergency fund gives you freedom, choice, and confidence
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- How To Make Money In An Economy That Hates You: https://youtu.be/Pg3Y-edj1no
- Understanding The Impact Tariffs Have On Your Finances: https://youtu.be/2OVdRYkxwl4
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