202 | Building Your Money Machine with Mel Abraham

May 16, 2024

In this episode of the Digital Business Evolution Podcast, Money Mentor, Mel Abraham is back to share powerful insights about the significance of financial education, building wealth, and the release of his new book, "Building Your Money Machine." 

Mel discusses his personal experiences, including facing a health crisis and a financial loss, and how these events have shaped his approach to finances, mindset, and overall well-being. Jess and Mel get into the concept of the "money machine," strategies for teaching children about money, managing sudden wealth, and defining one's own path in the ever-evolving digital business landscape. Join us as we explore the profound impact of Mel's wisdom, experiences, and new book on achieving financial freedom and living a good life. 

For a FREE copy of Mel’s new book "Building Your Money Machine" make sure to listen all the way till the end of the episode to find out how! 

As always, cheers to your evolution!


Key Takeaways:

  • Aligning financial lessons with personal values

  • Importance of providing youth with financial skills and knowledge

  • Building a "money machine" for financial stability


Key Timestamps

[6:35] – A message from my son

[25:02] – Generating income needs an active relationship with money.

[26:52] –  Investing in assets for passive income and freedom.

[42:51] – Saving for long-term joy and growth. 

[47:51] - Questioning norms and finding fulfillment.

Episode Quotes

  •  "It doesn't matter your age. It doesn't matter your stage. It doesn't matter how much money you make, because it is possible for you to start building this money machine today.” - Mel Abrham 


Episode Resources:


Connect with Mel Abraham

Instagram: @melabraham9

Podcast: The Affluent Entrepreneur Show

Youtube: @MelAbraham/videos


Connect with Jess

Instagram: @iamjessicaderos

TikTok: @iamjessicaderose

YouTube: Jessica DeRose