5 Money Rules That Will Change Your Life & Create Financial Freedom

The Mel Robbins Podcast

SiriusXM Podcasts

Health & Fitness, Society & Culture, Education, Self-improvement, Mental Health, Relationships

4.7 • 15.3K Ratings

🗓️ 19 January 2026

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, you’ll learn the best financial advice you’ll ever hear. It’s your guide to taking control of your money and learning the rules of how to make it, save it, and spend it better. Maybe you’re trying to pay down debt. Maybe you’re wondering how you’ll ever afford a home. Maybe you’re doing “okay,” but you don’t feel confident about the future, and you don’t know the best place to invest your money. Or maybe you want to know what really works to save money, make more money, invest money, and how to stop feeling like you’re behind. This episode will show you exactly what to do. Today, Mel is joined by David Bach. David is one of the most trusted voices in personal finance for a reason: He teaches the rules of money in a way that makes you feel calm, capable, and in control. He’s a 10-time New York Times bestselling author behind The Automatic Millionaire, and he’s here to give you the simple money habits and tools that you can apply to your life today. You’ll learn: -The rules of money that determine whether you build wealth or stay stuck (no matter what you earn) -”The 2 escalators to wealth” and how you can get on them -The money mistake that can wreck your future even if you’ve “done everything right” -What every couple needs to know about money before it’s too late -The exact stocks to invest in over the long term -The exact blueprint of what you should do with your 401k -The $27.40/day formula that turns into $4.4 million -Why you can start feeling better about your life before you’re debt-free -Specific advice for women, including what every widow needs to know -The easiest ways to take control of your finances with the greatest payoff As David puts it, either you have a plan for your money, or someone else does. Your plan starts here. For more resources related to today’s episode, click here for the podcast episode page. If you liked the episode, check out this one next: More of the Best Financial Advice You’ll Ever Hear. Connect with Mel: Order Mel’s new product, Pure Genius Protein Get Mel’s newsletter, packed with tools, coaching, and inspiration. Get Mel’s #1 bestselling book, The Let Them Theory Watch the episodes on YouTube Follow Mel on Instagram The Mel Robbins Podcast Instagram Mel's TikTok Subscribe to SiriusXM Podcasts+ to listen to new episodes ad-free Disclaimer

Transcript

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0:00.0	Hey, it's your friend Mel, and welcome to the Mel Robbins podcast.
0:08.6	I hear from you all the time. You're stressed about money. Everything costs so much more right now.
0:15.6	And you're right. It does. Buying a house feels out of reach. Saving seems impossible. So if you're falling behind,
0:23.6	or there are people in your life who are struggling financially right now, and if you're wondering,
0:29.3	is it too late to get a handle on my finances, or you're trying to pay off your debt, or you're
0:34.0	convinced you're never going to retire, you're so tired of money, always being a
0:37.9	source of anxiety or the source of fights with your spouse. If the idea of building wealth feels out of reach,
0:44.4	this episode is dedicated to you. You're going to love this. Our guest today is David Bach.
0:50.9	He's one of the most trusted money experts in the world. He's written 10 New York
0:55.1	Times bestselling books on the topic. And more importantly, David Bach has taught millions of
1:00.2	regular people just like you, how to build wealth, starting exactly where you are right now.
1:07.5	And I'm having this conversation because you keep telling me, you want to know exactly what to do.
1:14.6	And that's exactly what you're going to get in this episode. David Bach is going to tell you this
1:19.0	specific funds to invest in. He's going to share the shocking mistake that you're probably making
1:24.2	in your 401k or your Roth IRA, have you done a rollover?
1:28.2	Well, you better listen to this because this is a mistake that's costing people right now.
1:32.9	His advice is so tactical, so specific, so simple.
1:36.6	Once you hear it, you're going to realize, oh, my gosh, this is right under my nose.
1:39.5	I can do it.
1:40.7	And I want you to know, I'm somebody who has felt the terror and the nonstop stress
1:45.8	of not being able to pay my bills. I know what it's like to not know how to dig yourself
1:51.6	out of debt and wonder if you ever will. And I'm going to tell you, if you follow David Bach's
	...

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