The Truth About Net Worth: Are You Rich or Poor?

Video Description

You can start investing with just $100? I made a step-by-step program to help you grow wealth from the ground up. 💥 It’s just $47 (normally $995): https://www.JoinInvestingSimplified.com 📋 SUMMARY Ever wondered if you’re really middle class, or if that’s just what your paycheck tells you? In this episode of the Building Your Money Machine Show, I’m cracking open the real numbers behind net worth in America. We’re digging into what truly defines lower class, middle class, and upper class—not to judge, but to give you hope and a roadmap no matter where you’re starting. I’ll break down what net worth actually is (hint: it’s more than just your income or the car in your driveway!) and why building it is about progress, not perfection. I’ll share how you can start building yours—without living on ramen noodles or selling your soul. You’ll learn the difference between being comfortable and actually building real financial freedom, how to get out of the paycheck-to-paycheck trap, and the practical, step-by-step plays for moving up the wealth ladder—no matter what stage or age you’re in. Whether you’re in startup mode, ramping up as the growth engine, or thinking about legacy and generational impact, this episode is filled with honest advice, a little sarcasm, and a ton of actionable steps. 📈 RESOURCES MENTIONED IN THE VIDEO: 👉🏽 Book - "Building Your Money Machine": yourmoneymachinebook.com 👉🏽 Affluent Entrepreneur Facebook Group: melabraham.com/group 👉🏽 Freedom Number Calculator: melabraham.com/number 👉🏽Debt Payment Plan Tool: https://melabraham.com/nodebt 🏆 SPONSOR/BRAND INQUIRIES: [email protected] 📚 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! 👉🏽 GO TO: YourMoneyMachineBook.com 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. Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine. 💰 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 KEEP IN TOUCH: 🌍 My website - https://melabraham.com/ 📸 Instagram - @melabraham9 📱 Twitter - @MelHAb 🎥 Facebook - https://www.facebook.com/melhabraham 🎁 FREE Wealth Building Resources - 💲👉🏽 Basic Freedom Number Calculator - MelAbraham.com/number 💲👉🏽 Debt Breakthrough Calculator - MelAbraham.com/NoDebt 💲👉🏽 Financial Freedom Zone Quiz - YourFinancialFreedomQuiz.com 💲👉🏽 Investment Accounts Demystified - MelAbraham.com/demystified 💲👉🏽 ETF Evaluator - MelAbraham.com/etf 💲👉🏽 Rent vs Buy Calculator - MelAbraham.com/homebuy 💲👉🏽 Lifestyle Cost Calculator -MelAbraham.com/lifestyle 💲👉🏽 Risk Tolerance - MelAbraham.com/tolerance 💲👉🏽 My Money & Wealth Book Picks - MelAbraham.com/wealthbooks ★ WHO IS MEL ABRAHAM ★ I’m a seasoned CPA turned global speaker, entrepreneurial innovator and money mentor. I am the mind behind the USA Today bestseller, Building Your Money Machine: How To Get Your Money To Work Harder For You Than You Did For It!. As the founder of The Money Machine Blueprint™, The Legacy Factor™, and Thoughtpreneur™ Academy, Mel has dedicated his career to empowering individuals and entrepreneurs to transform their financial destinies and craft lives of choice, not chance. ⏰ TIMESTAMPS: 00:00 Are you really middle class? Unpacking net worth and what it means. 01:49 What is net worth—and why should you care? 04:32 Breaking down the classes: lower, middle, and upper—context matters. 08:32 The playbook for building net worth (at any level). 12:13 The growth engine: automating savings and investments, guarding against lifestyle creep. 15:37 Acquiring assets that pay you—your real money machine. 16:27 Legacy and wealth protection—skill sets before assets. 19:41 Investable net worth: building freedom and separating money from effort. 20:38 You CAN build wealth, no matter your age or circumstances. 21:52 Calculating your freedom number and designing a life by choice. 22:21 Subscribe and join the journey—your money machine is waiting! 🚧 DISCLAIMERS & DISCLOSURES 🚧 This content is for educational and entertainment purposes only. Mel does not provide tax or investment advice on this show. ALWAYS seek professional advice for your specific circumstances. This description contains affiliate links to resources mentioned in this video and supports the channel at no cost to you. Thank you!