Are you ready to take control of your financial future and maximize your paycheck with smart money management?
In this episode, I delve into the critical steps you need to take when you receive your paycheck. I guide you through creating a cash resource plan, understanding your needs, wants, and deletes, and share strategies to manage your money effectively.
From setting up a comfort fund to automating your investment contributions, I'll equip you with the tools to make the most of every dollar you earn.
If you're ready to accelerate your path to financial freedom and build your money machine, don't miss this episode!
IN TODAY’S EPISODE, I DISCUSS:
- Creating a cash resource plan to allocate every dollar a job description
- Understanding your needs, wants, and deletes to manage your financial flow effectively
- The wealth priority ladder and how to automate your investment contributions
★★★ 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
★★★ 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 www.YourFinancialFreedomQuiz.com
★ RECOMMENDED VIDEOS FOR YOU ★
If you liked this video, you'll love these ones:
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★ OTHER RESOURCES ★
- 7 Day Money Plan Workshop: www.TheMoneyPlanWorkshop.com
- Affluent Entrepreneurs Private Facebook Group www.melabraham.com/group/
- My website melabraham.com/
- Book: Mel H. Abraham - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom www.melabraham.com/book/
- Find me on Facebook / melhabraham
- Find me on Instagram / melabraham9
- Find me on LinkedIn / melhabraham
- Find me on Twitter / melhab
- Find me on KZfaq / melhabraham
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★ WHO IS MEL ABRAHAM ★
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I’m a CPA by education but an entrepreneur by exhilaration, entrepreneur and author of the #1 Bestseller, The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans & Freedom. I’m the founder of Thoughtpreneur™ Academy & Business Breakthrough Academy where I help entrepreneurs bring their businesses to the world and build the lifestyle that they want. I have helped and advised some of today’s top entrepreneurs to build their businesses, create their wealth and find financial independence.
After finding a cancerous tumor in my bladder larger than a baseball in June 2019, I began to openly teach The Affluence Blueprint™ because my cancer journey spotlighted the immediate and urgent need for entrepreneurs to find “financial liberation” and peace of mind. Most entrepreneurs are building a financial house of cards and don’t even realize it…and traditional financial advice will not work for them.
Now it’s your turn!
Meet Mel at melabraham.com/
Cheers,
Mel
==== Time Stamps ====
00:00 Plan your spending ahead to avoid guilt.
06:18 Transfer percentage of income to necessary accounts.
08:33 Help build the mountain, achieve financial freedom.
10:43 Financial emergency fund should be longer term.
13:22 Productive debt increases value, destructive debt doesn't.
17:07 Prioritize the company's match, then review finances.
19:50 Set up automatic transfers for financial safety.