Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

I've been through 4 recessions, here's what always happens...

34:33
 
Share
 

Manage episode 480726796 series 3368904
Content provided by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on one of the most anxiety-inducing topics out there: recessions. If you’re worried about what happens when the economy takes a nosedive or you’re not sure how to prepare, this episode is absolutely for you. I’ve personally lived through four recessions—and as some are saying, we might be on the doorstep of a fifth. I’m here to share what I’ve learned through every downturn, what always happens, and—most importantly—how you can not just survive, but actually thrive and build your wealth during these challenging times.

You’ll hear about how panic and fear grip the headlines, how markets crash and jobs are lost—but you’ll also learn how, tucked behind the chaos, incredible opportunities for wealth are quietly created. I break down the patterns that emerge every time the economy contracts, what causes these downturns in the first place, and how you can position yourself so when the next one comes (and it will), you’re ready to spring into action.

IN TODAY’S EPISODE, I DISCUSS:

  • What a recession really is and why they happen as part of the natural economic cycle
  • The four key patterns that always play out during recessions
  • My own experience investing during the 2008 crash and how liquidity helped me come out wealthier on the other side
  • Why recessions are actually a massive wealth transfer—from over-leveraged to prepared, from the fearful to the focused
  • How to keep your cool during downturns and why panicking usually locks in losses

RECOMMENDED EPISODES FOR YOU

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

  • How To Make Money In An Economy That Hates You
  • Understanding The Impact Tariffs Have On Your Finances
  • The Only Thing That Stopped Me From Overspending
  • 5 Simple Habits For Building Wealth (as a self made millionaire)
  • Major Money Milestones To Achieve in Your 40s

RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:

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

  continue reading

423 episodes

Artwork
iconShare
 
Manage episode 480726796 series 3368904
Content provided by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mel H Abraham, CPA, CVA, ASA, Mel H Abraham, CPA, CVA, and ASA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on one of the most anxiety-inducing topics out there: recessions. If you’re worried about what happens when the economy takes a nosedive or you’re not sure how to prepare, this episode is absolutely for you. I’ve personally lived through four recessions—and as some are saying, we might be on the doorstep of a fifth. I’m here to share what I’ve learned through every downturn, what always happens, and—most importantly—how you can not just survive, but actually thrive and build your wealth during these challenging times.

You’ll hear about how panic and fear grip the headlines, how markets crash and jobs are lost—but you’ll also learn how, tucked behind the chaos, incredible opportunities for wealth are quietly created. I break down the patterns that emerge every time the economy contracts, what causes these downturns in the first place, and how you can position yourself so when the next one comes (and it will), you’re ready to spring into action.

IN TODAY’S EPISODE, I DISCUSS:

  • What a recession really is and why they happen as part of the natural economic cycle
  • The four key patterns that always play out during recessions
  • My own experience investing during the 2008 crash and how liquidity helped me come out wealthier on the other side
  • Why recessions are actually a massive wealth transfer—from over-leveraged to prepared, from the fearful to the focused
  • How to keep your cool during downturns and why panicking usually locks in losses

RECOMMENDED EPISODES FOR YOU

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

  • How To Make Money In An Economy That Hates You
  • Understanding The Impact Tariffs Have On Your Finances
  • The Only Thing That Stopped Me From Overspending
  • 5 Simple Habits For Building Wealth (as a self made millionaire)
  • Major Money Milestones To Achieve in Your 40s

RECOMMENDED VIDEOS FOR YOU

If you liked this video, you'll love these ones:

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

  continue reading

423 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Listen to this show while you explore
Play