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Talking about hard times is not easy, and neither is walking through them. So, in this new episode, we are going to talk about the inflationary process that we are currently going through and what to do if we enter a recession. Of course, there is uncertainty right now, and not knowing when or for how long this period will last, we have to be prepared by knowing which logical step will make the difference for us without jeopardizing our financial future. In this episode, I want to share the steps that I would take to make the best of the current situation we are facing. Hopefully, it will help you keep up with your plan towards the affluent lifestyle you want to achieve. Today, our conversation includes:What to do in the inflationary times we are leaving and how to face them.The steps to take to avoid being on a downturn without preparation.How to push ourselves when we are in a financial downturn. Resources mentioned: Download The Affluence Blueprint™  Graphic (Three Pillars of Affluence). Ready to set a sol

Change always brings challenges, and I’d say that finding time to make your family a priority is one of the main ones. When you start moving towards a new job or when you start to work really hard for your dreams, it is not always easy to find a balance between what you love doing and the ones you love. In today’s episode I’m talking with Elizabeth Hartke, international Business and Leadership Strategist, and Founder of the Luminary Leadership Company and Podcast. She works to help entrepreneurial parents integrate success in business with legacy at home, and believes that you can have both without feeling split in two. It’s important to understand that when you are creating a new business, you have to bring your family with you. Involve them in every step and help them understand that you’re starting this new venture for their benefit too. You are working for your kids, your family, and like Elizabeth said, “we really want to breathe life into one of the greatest tools you have in your back pocket to raise y

Today’s episode is all about investing and some of my top strategies to find and analyze a company, so we can avoid gambling away our future. As I always say, we need to think long-term when it comes to investing. Long-term planning is one of the keys to the work we do in  The Affluence Blueprint™. This is your path to the financial freedom that you are working towards.Now, it's important to remember that making your money work the right way is always going to take time. It involves educating yourself to understand what to look for in a company, in a business, or in a stock. But here's the deal, your future, your family's future, and your legacy are dependent upon you doing such work.There are a few different ways to analyze your options when it comes to investing, and to understand that if we're going to get a higher degree and a higher probability of success, we need to make decisions rationally and based on what we know about the company. Hopefully, in this episode, you will be able to

How to Pay For College. Let's face it, education can be a costly pursuit. But did you know that it can literally cost you your financial future and freedom? There are so many options to pay for college AND bring our children along the financial literacy path to set them up for life. In this episode, I walk through much of what you need to consider. What You'll Get In This Episode: Why student loans can destroy youWhen to use an UTMA, UGMA account for your kidsThe risks of UTMA and UGMA accountsOther ways to teach wealth and create a college fund★★★ TAKE THE FINANCIAL LIBERATION ASSESSMENT ★★★Take this free assessment to see where you are on the path to financial freedom and what your next steps to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com★ RECOMMENDED VIDEOS FOR YOU ★If you liked this video, you'll love these ones:What To Do With Your Cash - https://youtu.be/voMnEcuFxIYGetting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZgOvercome Your Money St

In today’s episode we are talking about budgeting and the best way to create a financial plan that makes your money work with you towards reaching the affluent lifestyle you want to create. Budgets can get a bad rap, but when you understand the power of being intentional with your money, you'll see how this paves the road to your financial freedom.   We're going to start by drawing the map from where you are to where you want to be - that place of financial freedom. Remember that your financial future depends on the choices you make today about your money, your behaviors, and your habits. The best way to ensure that you reach that ideal destination is to first determine what that destination looks like: decide what you desire most in life, and then create a strategic plan to achieve it.   We need to choose how our money is going to be used, and a budget will guarantee that your dollars are going to where you intend them to go. The beauty of a budget is that it makes your money work with you towards

★★★ TAKE THE FINANCIAL LIBERATION ASSESSMENT ★★★Take this free assessment to see where you are on the path to financial freedom and what your next steps to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com★ WHY THIS EPISODE ★This is an area that can get people in a ton of trouble with the IRS and they don't even know it. The fact is that if you're invested or using crypto currencies, in all likelihood you have taxes to pay...but how much?What You'll Get In This Episode:When are cryptocurrencies non taxableWhen are cryptocurrencies taxableHow to qualify for a lower tax rate or even zero on cryptocurrenciesThe biggest mistakes that most people make★ RECOMMENDED VIDEOS FOR YOU ★If you liked this video, you'll love these ones:What To Do With Your Cash - https://youtu.be/voMnEcuFxIYGetting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZgOvercome Your Money Stories - https://youtu.be/QOPFrUtUaGo- Pricing & Getting Paid Your Value - https://youtu.be/4O

Have you been worried about the uncertain times we are facing? Today I’m sharing some tools that can help you deal with them in a way that is smart and safe, as you go step by step towards fulfilling your Affluent Blueprint.People usually become tenuous when facing uncertainty. As human beings, we become cautious and fearful at different levels. We feel paralized and stop doing the things that we ought to be doing to sustain ourselves through these downturns.That is why we must shift our perspective, so we can help ourselves navigate these strange times. As long as you understand what point of view you must have, you will be able to bring the proper tools, the proper thought process, and the proper mindset to the situation that you're facing.In this episode we take cues and guidance from Warren Buffett’s (arguably one of the best investors of all time) most recent shareholders letter. Then I help you see how they apply directly to you on your financial journey.Today, our conversation includes:What type o

The tax man is coming and there's nowhere to run or hide...BUT there's no need to overpay. You still have time to do something to set you up for a better tax situation before the filing deadline. What You'll Get In This Episode:Why everything you get is taxable and nothing is deductibleKey deductions you can still take nowHow to make sure that the tax code is working for you instead of against youWhat should you be doing now★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: What To Do With Your Cash - https://youtu.be/voMnEcuFxIYGetting Out of Debt The Affluence Way - https://youtu.be/WkBJzAnVIZgOvercome Your Money Stories - https://youtu.be/QOPFrUtUaGo★ OTHER RESOURCES ★7 Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comMy website https://melabraham.com/Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom https://www.melabraham.com/book/Find me on Facebook https://www.facebook.

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/pod

Today I’m talking about one of the most important numbers to track on your road to financial freedom. We’ll discuss your Net Worth, how to track it, and build your road to financial freedom by setting different milestones that guide  your steps towards your goal, which, in the end, is to create the money machine that will help you lead an affluent lifestyle. Yep, your Net Worth…but a special kind of Net Worth.Now, it's important to know the impact your Net Worth has on your journey to financial freedom, and how it can be achieved differently from person to person. Not all Net Worth is created equal, but a first step is to figure out what you own and what you owe.These are some core concepts that I will discuss further on the episode, and, hopefully, the answer will help you set the milestones that will guide you towards financial freedom.Today, our conversation includes:What's the difference between what you own and what you owe, and how does it affect your net worth? What is “Money Momentum” and ho

If you want to optimize your investment strategy, this episode is for you. I'm talking all about Target Date Index Funds, and why, over time, they’re a good option for investment compared to investing just in one single stock. But also what the pitfalls are with them and when the best time to use them is. Remember that the goal is always to protect your assets and portfolio.For some background, with Target Date Index Funds you invest based on your risk profile and your risk capacity. Then you create an asset allocation and asset diversification profile based on the risk that is appropriate for your situation, and, as time goes by you will look to  minimize the risk of losing value of your investments.Today, our conversation includes: Why a Target Date Index Fund is a good investment over time.How can you achieve the affluent lifestyle that you’re looking for over time.What is a glide path and how you can rebalance your portfolio to avoid losing value.Why having a structured portfolio can increase the val

The market has been quite volatile at the time of this recording. We need to learn how to handle these current circumstances because we can't afford to stop living in the midst of this financial uncertainty, when we're experiencing inflation and facing the risk of interest rates rising, among other risks.In this episode, we talk about the most common mistakes that individual investors - or retail investors - make when investing, which causes them to lose money, to lose their wealth, and sometimes even obliterate their accounts.Then, I will also give you some strategies that will be part of your game plan, as you go forward in this roller coaster ride of a market to try and keep you a little safer.In this episode you’ll learn:What to do  before getting into the investing game.How to avoid making investments that don’t move you closer to financial independence.What causes most people to make bad money decisions. The biggest risk in investing in today’s social media world..How to make sure you only mak

Today, I discuss how to achieve financial liberation, which shouldn’t be confused with financial freedom. The key difference between the two, is that liberation is a journey and a path. It's a process of getting there. Whereas freedom is a state of being it's something of a destination.I specifically use the term “liberation” because when we look at the definition, we see a unique characteristic that informs the way we approach affluence. When looking at the definition, we see that liberty requires power. The power to affect personal progress, to change one's circumstances for the better.If we truly want to find financial liberation, if we truly want to find freedom, we must leverage our personal power to stop living the life of a “treadmill” entrepreneur, and look to find the life of an affluent entrepreneur. And that's what this episode covers today.Today, our conversation includes:How can you achieve financial liberation?The concept of treadmill entrepreneur and how you can avoid burnou

This week, I am honored to welcome the amazing Amber McCue to the show. She is a proud and loving mom to three girls, who went from single mother at the age of 18 to owning two thriving companies that she runs from anywhere in the world.  We delve into how Amber managed to reach financial freedom and scale her businesses without neglecting one of her core values: family. We also go through Amber's journey of becoming a Modern CEO, her love for creating freer entrepreneurs who have time to enjoy life, and how she managed to triple the size of her business in less than three years.   What You Will Learn In This Episode: - Amber's scaling journey and the priorities she established before deciding what kind of business she would build - Growth is positive but it comes with a cost attached to it that we must be ready for - How Amber managed to merge her business vision with the lifestyle she desired for her and her family - The adjustments of Amber's WHY throughout the years As we start growing our

If you are struggling to get your content seen, or to make your audience go through all of it, or to make enough sales with it, this episode is perfect for you.  Joining me today is Brandon Lucero, an online marketing expert, serial entrepreneur, father of three, and host of the New Generation Entrepreneur Podcast. We had a fantastic conversation about one of Brandon's specialties, messaging. We delve into the communication problems most online entrepreneurs have, how to differentiate ourselves in the stacked online market, and the importance of being specific when putting our message out there.  What You Will Learn In This Episode: - How Brandon became a YouTube expert and why he buried that business even though he was making $500k a year - Why being specific and talking to a small audience is way more effective than being louder and communicating with zillions of people - The power of describing specific pains and mistakes to our audience - Why telling people to stop doing something they think is good

In this episode, we will talk about one of the best ways to generate income, and one of the three pillars of becoming an affluent entrepreneur, called the Generate pillar. I'll share why I prefer digital business to generate revenue, and I'll take you through the three essential elements of The Digital Income Paradigm™ and how they work. What You Will Learn In This Episode: - The three critical outcomes of the affluent entrepreneur  - The elements needed to become an affluent entrepreneur and what is the Generate pillar - The different ways to generate income, and the relationship between the value we provide and the price we ask for our product - The three elements of The Digital Income Paradigm™ Framework to create a digital business Regardless of the expertise we have, the beauty of the digital space is that we can record a course with several lessons and sell it online. It will provide value and teach people without our presence being required, and most importantly, it will generate income while

As we are going through what specialists call the Great Resignation, where employees are leaving their jobs for political, financial or even philosophical reasons, the entrepreneurial journey just became a little bit more complicated. Without a committed and reliable workforce, it is impossible to grow and scale our business. So, in this episode, we will learn how to attract, retain and reward our employees in the right way, avoid mass resignation and create a compelling work environment.  What You Will Learn In This Episode: - Some of the leading causes why people are either leaving their jobs or refusing to return to office - The five levels of wellness, the benefits of raising them and how those benefits translate into the company's results - Why implementing Employee Benefits 2.0 is a good idea and the four levels in which this would affect our company - How the "industrial age thought process" affects modern companies and why it is not effective anymore Until not so long ago, companies tho

The path to an affluent life is composed of stages. The faster we identify and learn about the stage we are at on our journey toward affluence, the quicker we can start doing the things we need to do to live a richer lifestyle, impact those around us, and reach financial and complete freedom. So, in this episode, we will talk about the six phases of affluence. We will go through a framework that will help us understand the stage we are at currently, and how to get to the next one. What You Will Learn In This Episode: - The three outcomes we can expect from living an affluent life - How to build an unshakable foundation, and why this is crucial on our journey toward affluence - How powerful planning can help us map out our vision before we start moving towards it - The differences between methodical and deliberate execution - The true meaning of building a loving legacy and its connection with generous affluence Our financial journey is a continuum. We are constantly moving through it, and instead of judging,

If you have problems selling or feel like you sound salesy or manipulative, this episode is perfect for you. Joining me today is Colin Boyd, an international speaker, podcast host, and business mentor, but most importantly, an authority on influence, persuasion, and communication.  We talk about the secrets of becoming a successful salesperson, multiplying our conversion rate, and reaching financial independence without hurting our integrity. We explore the importance of authenticity in sales, how to profit from our expertise, and why we should treat a sale as a sacred place for transformation. What You Will Learn In This Episode: - Colin's journey from establishing himself as a paid speaker to an expert salesman - Communicating our message in a way that resonates with our audience is all we need to generate sales - When a sale is about transforming someone's life, it becomes a service - The Three Levels of Conviction that turn any offer into a successful offer - The importance of how we show up and

This episode is pure gold and you’re going to enjoy it as much as I did recording it. I'm joined by Stacy Tuschl, a brilliant entrepreneur and dear friend who built multiple six and seven-figure businesses while being a loving wife and mom of two beautiful daughters. Stacy is the author of "The Implementation Code: Unlock the Secret of Getting it All Done" and the host of The Foot Traffic Podcast.  We had a fantastic conversation about Stacy's journey, how she uses her values to hire, retain, celebrate and even let go of team members. Stacy talked about her fears and doubts when she started her business, how she learned to delegate and how important that was for her success. We also talk about the importance of picking a suitable model for our business, creating our teams' identity and showing them what winning looks like.  What You Will Learn In This Episode: - Who Stacy Tuschl is, how she started her business, and what values she built her business on - The three questions every ent