357 | 3 Mistakes Most People Make with Their Money with Mel Abraham

As we continue on our journey to create wealth, today’s guest proves that we must be the captain of our own ship. While financial advisors can be great assistance, we need to understand and be educated in creating and managing our own wealth. This topic can be confusing for many and that’s why Mel Abraham joins Cayla for this discussion on building wealth and the common mistakes people make with their money. Mel helps business owners and entrepreneurs build meaningful businesses so that they can have more profit, fans, and freedom. His principles help customers become raving fans and create fulfillment from a business that is congruent with your values, in alignment with your higher vision, and connected to all stakeholders at an emotional level. He helps bring people’s dreams out of the darkness and see the light again. He is a globally recognized thought leader, financial expert, best-selling author of the book https://www.amazon.com/gp/product/B00UAPAT10/ref=dbs_a_def_rwt_bibl_vppi_i0 (The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans, and Freedom), and a highly ranked podcaster. In today’s episode, Mel and Cayla discuss what it means to truly build wealth, where and why to invest money for your future, and how to change your mindset in order to plan for the lifestyle you want. You will learn all about the must-have qualities of a financial advisor, the different kinds of debt and their purpose, celebrating the journey, and so much more. Whether you are already investing and building wealth, just getting started, or haven’t started at all, this episode is for you. You will learn:[3:16] - Cayla introduces Mel as the Affluent Entrepreneur. [4:40] - Money issues don’t exist. They are money symptoms and results of choices. [6:12] - Mel shares an experience with an investment he made that demonstrates the importance of your own interpretations. [8:57] - It is not too late to get started, but get started now. [9:54] - Mel describes the wealth creation mindset and how it applies t