Financial Advisor Reveals the Worst Things To Do with Your Money

Building Your Money Machine

Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

2M ago 33:18

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Understanding how to smartly handle debt can drastically change your financial well-being and reduce stress in your life.

In today’s episode, I tackle some of the worst financial decisions you can make and how to avoid them. From the pitfalls of over-leveraging in real estate to neglecting your investment portfolio, I break down what you should steer clear of to maintain financial health. I share personal stories, including a costly investment mistake I made, to highlight the importance of every decision in your financial journey.

Want to achieve financial freedom and avoid common money mistakes? Tune in to the full episode now!

IN TODAY’S EPISODE, I DISCUSS:

Smart use of debt and the perils of over-leveraging
The necessity of regularly reviewing and rebalancing your investment portfolio
Why diversification is crucial for mitigating financial risk

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My Money Planning Process to Achieve Your Goals: https://youtu.be/Ip7kLKXNj2Y
How to Get the Right CPA & Why It Matters: https://youtu.be/zj26Wwqe0bk
Demystifying Your Credit Score & Does It Matter: https://youtu.be/emgKYPy6Quw
What to Do Today to Pay Less Tax and Keep More Money: https://youtu.be/tZHKIgr_TIM

PRE-ORDER MY NEW BOOK:

Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!

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. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.

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

챕터

1. Overcame challenges, tripled wealth, avoid money mistakes. (00:00:00)

2. Define life vision, plan, and financial trip. (00:03:15)

3. Minimize taxes legally and use tax advantages. (00:08:28)

4. Manage business and personal finances to maximize growth. (00:09:56)

5. Prioritize secure financial foundation over risky trends. (00:14:40)

6. Importance of liquidity for financial stability emphasized. (00:16:36)

7. Individual portfolios should be regularly reviewed and adjusted. (00:23:05)

8. Annually review portfolios, diversify to mitigate risk. (00:25:07)

9. Make your money work harder through patience. (00:28:21)

10. Sell dreams, guide work, achieve financial liberation. (00:31:03)

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