Welcome to another eye-opening episode of the Building Your Money Machine Show! Today, I’m sharing the 12 things I DON’T waste my money on as a 64-year-old millionaire. If you’ve ever felt the pressure to cut out coffee or deprive yourself to achieve financial freedom, let me tell you — that’s not the secret. True wealth is about living consciously, and making sure every dollar multiplies your joy, not your regret.
I’ll break down the biggest financial pitfalls I’ve seen over decades as a CPA, entrepreneur, and mentor. These aren’t just theoretical — I’ve made these mistakes myself, and learned how to dodge them to build lasting financial freedom. From subscription creep to “joy purchases” disguised as progress, chasing rewards and fads, buying for the future you, and more, I want you to be intentional about every decision.
Building your money machine isn’t about deprivation. It’s about being smart — celebrating your successes, understanding where your dollars go, and making choices that feed your future wealth and peace. So if you want to know what really robs people of their freedom, you’re in the right place!
IN TODAY’S EPISODE, I DISCUSS:
- The real killers of financial freedom
- Why lifestyle inflation keeps you stuck on the hamster wheel
- How subscriptions eat away at your wealth
- Gambling in the stock market vs. anchoring your wealth in boring
- The cost of financial complexity, and why simplicity always wins
- When DIY projects cost more than hiring a pro
- Buying for the future you, instead of living and investing for today
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- When You Get RICH, Tell NO ONE (Act Like You're Poor)
- 12 Signs That Predict You'll Be a Multi Millionaire
- Why Keeping Over THIS AMOUNT In Cash Is a Huge Mistake
- 35 Years of Investing Lessons in 21 Minutes (From a CPA)
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RECOMMENDED VIDEOS FOR YOU
If you liked this video, you'll love these ones:
- When You Get RICH, Tell NO ONE (Act Like You're Poor): https://youtu.be/FailzpHkJBc
- 12 Signs That Predict You'll Be a Multi Millionaire: https://youtu.be/ITi-nvwJPVw
- Why Keeping Over THIS AMOUNT In Cash Is a Huge Mistake: https://youtu.be/P8vdriqlP-0
- 35 Years of Investing Lessons in 21 Minutes (From a CPA): https://youtu.be/uGmn1VppXSg
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