5 Money Rules That Will Change Your Life & Create Financial Freedom
episodePreviously titled “Take Control of Your Money: How to Save More, Get Out of Debt, & Build Real Wealth” — renamed by the publisher on Aug 3, 2026
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What financial advice can help me take control of my money?
Hey, it's your friend Mel, and welcome to the Mel Robbins Podcast. I hear it from you all the time. You're stressed about money. Everything costs so much more right now. And you're right, it does. Buying a house feels out of reach. Saving seems impossible. So if you're falling behind, or there are people in your life who are struggling financially right now, And if you're wondering, is it too late to get a handle on my finances or you're trying to pay off your debt or you're convinced you're never going to retire or you're so tired of money always being a source of anxiety or the source of fights with your spouse, if the idea of building wealth feels out of reach, This episode is dedicated to you. You're going to love this.
Our guest today is David Bach. He's one of the most trusted money experts in the world. He's written 10 New York Times bestselling books on the topic. And more importantly, David Bach has taught millions of regular people just like you how to build wealth starting exactly where you are right now. And I'm having this conversation because you keep telling me you want to know exactly what to do. And that's exactly what you're going to get in this episode. David Bach is going to tell you the specific funds to invest in. He's going to share the shocking mistake that you're probably making in your 401k or your Roth IRA. Have you done a rollover? Well, you better listen to this because this is a mistake that's costing people right now.
His advice is so tactical, so specific, so simple. Once you hear it, you're going to realize, oh my gosh, this is right under my nose. I can do it. And I want you to know, I'm somebody who has felt the terror and the nonstop stress of not being able to pay my bills. I know what it's like to not know how to dig yourself out of debt and wonder if you ever will. And I'm going to tell you, if you follow David Bach's advice, you not only can do it, you will do it.
Hey, it's your friend Mel, and welcome to the Mel Robbins Podcast. I'm thrilled that you're here today. I'm thrilled to be here today because it's an honor to be together, to spend time with you. And if you're a new listener or you're here because somebody shared this with you, well, I just wanted to personally welcome you to the Mel Robbins Podcast family. Today, you and I are going to talk about the top habits that will build financial freedom for you and the people that you care about. And there is no better person on the planet to teach those habits to you than David Bach. David has been one of the most respected voices in personal finance for over 30 years. He is the author of 10 New York Times bestselling books, including the mega smash hit, The Automatic Millionaire.
which is a specific step-by-step plan that millions of people have followed to get out of debt, to save for a better future, all by starting exactly where you are right now. His books have sold over 7 million copies. They've been translated into 20 languages. And he has made a career of helping millions of people just like you build real wealth and stop making the mistakes that are currently keeping you in debt and holding you back. He's here today to give you a specific step-by-step plan to take control of your finances. So please help me welcome my friend, David Bach, to the Mel Robbins Podcast. Well, thank you for being here. It's fabulous to see you. It is fabulous to see you too. I love you as a friend.
I love your energy and I love your work. And I am very excited about the conversation today because so many of us are concerned about money. We're concerned about our future. We're concerned about how to support the people in our lives around their financial future. And where I want to start is this.
How can I build wealth starting from where I am now?
If I take everything to heart that you're about to teach us, how will my life be different if I apply what I learned from you today? Well, first and foremost, I'm going to give you hope.
A lot of people right now are missing hope when it comes to their money, which is impacting their life. So I believe that nobody should be left behind when it comes to money.
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Chapters
8 chapters
1
What financial advice can help me take control of my money?
0:00–4:03
2
How can I build wealth starting from where I am now?
4:03–7:10
3
What are the two escalators to wealth that I should know about?
7:10–10:09
4
What common money mistakes should I avoid to secure my future?
10:09–13:03
5
How can couples manage their finances effectively?
13:03–15:19
6
What strategies can help me invest wisely for long-term growth?
15:19–17:57
7
How can I feel better about my finances before becoming debt-free?
17:57–20:14
8
What specific steps should I take if I'm starting over financially?
20:14–1:14:00
Speakers
3 identifiedMore from The Mel Robbins Podcast
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