10 Habits Of The "Fake Rich" You Need To Avoid

Welcome back to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on a topic that’s everywhere—those “rich” folks we see parading luxury cars, designer clothes, and lavish vacations on social media. But here’s the ugly truth: for a lot of them, it’s not real financial freedom they’re selling—it’s financial pressure.

I’ll be breaking down the 10 key habits of the “fake rich”—habits that might look impressive from the outside, but are quietly wrecking people’s financial futures. More importantly, I’ll show you how to steer clear of these traps so you can build wealth that actually lasts and brings you peace of mind.

We’re all familiar with the Instagram highlight reels—the Lambos, the boats, the shopping sprees. But what’s really happening behind those flashy posts? Today, I’ll walk you through the red flags that expose fake wealth, how comparison can destroy your confidence, and the disciplined plan you need to stay focused on your own progress.

IN TODAY’S EPISODE, I DISCUSS:

• How making more money can actually make you more stressed if you don’t have the discipline.
• The hidden costs of keeping up with the latest gadgets, sneakers, or crypto coins.
• Avoiding budgets/plans – Why tracking your spending isn’t financial jail—it’s your permission slip to spend on what really matters.
• The danger of keeping finances a secret (even from your spouse), and why open dialogue is key to wealth.
• Why real wealth means you can handle the unexpected, not just have the appearance of success.

RECOMMENDED EPISODES FOR YOU

If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/

• Life Lessons I Wish I Knew Earlier - Here's what matters most
• 14 Hidden Expenses That Silently Destroy Your Wealth
• 40 Years as an Accountant - This is What Rich People Regret Most
• Why You Need To Start Automating Wealth Creation
• 10 Things Worth Buying EVEN If You're Short On Cash

RECOMMENDED VIDEOS FOR YOU
 
If you liked this video, you'll love these ones:

• Life Lessons I Wish I Knew Earlier - Here's what matters most: https://youtu.be/CChh8Zd36UI
• 14 Hidden Expenses That Silently Destroy Your Wealth: https://youtu.be/z13QSTIdaW8
• 40 Years as an Accountant - This is What Rich People Regret Most: https://youtu.be/x8_f0g_EjVE
• Why You Need To Start Automating Wealth Creation: https://youtu.be/RV_kW-ARYok

ORDER MY NEW USA TODAY BESTSELLING 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.

When you do you’ll also get over $1100 in wealth resources & bonuses for FREE! 

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