Welcome back to the Building Your Money Machine Show! Today, I’m pulling back the curtain on one of the most pivotal milestones on your wealth-building journey—the $100,000 mark. Maybe you’ve already reached it in your savings, investments, or revenue, or maybe you’re well on your way. Either way, hitting that first hundred grand isn’t the finish line—it’s just the launch pad.
But here’s what most people don’t realize: right after that $100K milestone, a series of subtle traps start popping up. These aren’t the obvious mistakes—they’re disguised as progress, and if you’re not careful, they’ll derail your momentum just as things are starting to take off.
In this episode, I reveal the seven traps that can stall your wealth after breaking $100,000—and most importantly, how to avoid them. I’ll walk you through keeping lifestyle inflation in check, treating your investment gains with the respect they deserve (hint: it’s not “Vegas money”), and making sure you don’t get blindsided by taxes. We’ll dive into why cash flow is every bit as important as net worth, how static savings can quietly sabotage your future, and why building your dream life is never a solo project.
IN TODAY’S EPISODE, I DISCUSS:
- Why the $100K threshold is the beginning of your wealth journey
- How lifestyle inflation can wreck your progress
- The danger in treating market gains like “found money”
- The critical difference between net worth and cash flow
- The “static savings” trap and the importance of keeping your savings rate growing with your income
- My four-step reset to keep your wealth machine humming
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- The Real Cost of Pretending to be Rich: https://youtu.be/D8DgveoFPEM
- Why Buying a Home is NOT the American Dream: https://youtu.be/ERxc8qmfjlA
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