Welcome back to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on a topic that’s everywhere—those “rich” folks we see parading luxury cars, designer clothes, and lavish vacations on social media. But here’s the ugly truth: for a lot of them, it’s not real financial freedom they’re selling—it’s financial pressure.
I’ll be breaking down the 10 key habits of the “fake rich”—habits that might look impressive from the outside, but are quietly wrecking people’s financial futures. More importantly, I’ll show you how to steer clear of these traps so you can build wealth that actually lasts and brings you peace of mind.
We’re all familiar with the Instagram highlight reels—the Lambos, the boats, the shopping sprees. But what’s really happening behind those flashy posts? Today, I’ll walk you through the red flags that expose fake wealth, how comparison can destroy your confidence, and the disciplined plan you need to stay focused on your own progress.
IN TODAY’S EPISODE, I DISCUSS:
- How making more money can actually make you more stressed if you don’t have the discipline.
- The hidden costs of keeping up with the latest gadgets, sneakers, or crypto coins.
- Avoiding budgets/plans – Why tracking your spending isn’t financial jail—it’s your permission slip to spend on what really matters.
- The danger of keeping finances a secret (even from your spouse), and why open dialogue is key to wealth.
- Why real wealth means you can handle the unexpected, not just have the appearance of success.
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- 14 Hidden Expenses That Silently Destroy Your Wealth: https://youtu.be/z13QSTIdaW8
- 40 Years as an Accountant – This is What Rich People Regret Most: https://youtu.be/x8_f0g_EjVE
- Why You Need To Start Automating Wealth Creation: https://youtu.be/RV_kW-ARYok
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