Entrepreneurs often believe their financial stress will disappear with the next big contract, launch, or raise. But Mike Michalowicz has seen hundreds of high-earning founders and employees still living paycheck-to-paycheck. The problem isn’t income; it’s behavior. Now on Spotify video!In this episode, Mike returns to break down the core principles behind his latest book, The Money Habit, revealing the psychology behind why we overspend and how small changes can create massive long-term wealth. He also shares his practical personal finance system to increase savings, eliminate debt, and achieve true financial freedom.In this episode, Hala and Mike will discuss:(((((((((((Mike Michalowicz is an entrepreneur, bestselling author, and speaker specializing in small business growth strategies. He has built and sold multiple multi-million dollar companies and is the host of the podcast Becoming Self-Made. His latest book, The Money Habit, translates his business finance principles into a practical personal finance system designed to help individuals build stronger money habits and work toward financial freedom.Sponsored By:Indeed - Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/profitingShopify - Start your $1/month trial at Shopify.com/profitingSpectrum Business - Keep your business connected seamlessly with fast, reliable Internet, Advanced WiFi, Phone, TV, and Mobile services. Visit https://spectrum.com/Business to learn more.Northwest Registered Agent - Build your brand and get your complete business identity in just 10 clicks and 10 minutes at northwestregisteredagent.com/paidyapFramer - Publish beautiful and production-ready websites. Go to Framer.com/profiting and get 30% off their Framer Pro annual planQuo - Run your business communications the smart way. Try Quo for free, plus get 20% off your first 6 months when you go to quo.com/profitingWorking Genius - Take the assessment and discover your natural gifts and thrive at work. Go to workinggenius.com and get 20% off with code PROFITINGExperian - Manage and cancel your unwanted subscriptions and reduce your bills. Get started now with the Experian App and let your Big Financial Friend do the work for you. See experian.com for detailsHuel -  Get all the daily nutrients you need. Grab Huel today and get 15% OFF with my code PROFITING at huel.com/PROFITINGResources Mentioned:Mike’s Website: mikemotorbike.com Mike’s Book, Profit First: bit.ly/-ProfitF1st Mike’s Book, The Money Habit: bit.ly/MonyHabit Mike’s Podcast, Becoming Self-Made: bit.ly/BSM-apple YAP E219 with Mike Michalowicz: youngandprofiting.co/E219  Hala’s Speech at MIT: bit.ly/HTMITKN Active Deals - youngandprofiting.com/deals Key YAP LinksReviews - ratethispodcast.com/yapYouTube - youtube.com/c/YoungandProfitingNewsletter - youngandprofiting.co/newsletter LinkedIn - linkedin.com/in/htaha/Instagram - instagram.com/yapwithhala/Social + Podcast Services: yapmedia.comTranscripts - youngandprofiting.com/episodes-new Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Career, Leadership, Mindset, Growth Mindset, Wealth, Stock Market, Scalability, Investment, Risk Management, Financial Planning, Business Coaching, Finance Podcast