Bank on Your Neighbor: The Audiobook Podcast

Chapter 3- The Audiobook: Bank on Your Neighbor

24 min · 26. feb. 2026
episode Chapter 3- The Audiobook: Bank on Your Neighbor cover

Description

Too many of us have been taught that investing is dangerous… but the truth is, not investing is far scarier. In this chapter, Mel shares the deeply personal story of watching her father’s decline with Alzheimer’s and the financial devastation that came with it—a wake-up call that “being good” and “working hard” were never going to be enough. You’ll learn why financial celibacy doesn’t protect you, how passive income changes everything, and why delayed gratification might just be your most powerful wealth-building tool. From side hustles to her first Prius deal to understanding how the wealthy play by different rules, Mel unpacks the mindset shifts that turn fear into financial freedom. 🔗 Get the book bonuses at https://www.meldorman.com/resources 📖 Purchase the book at https://a.co/d/4HAQZiN * Learn more at https://meldorman.com * Stay connected when you subscribe for updates at https://melissa-dorman.kit.com/subscribe * You can also follow Mel on your favorite social platforms: * 📍 Instagram [https://www.instagram.com/mel_dorman/] * 📍 LinkedIn [https://www.linkedin.com/in/melissa-dorman-89115524/] * 📍 YouTube [https://www.youtube.com/@melissadorman9896] * 📍 Facebook [https://www.facebook.com/dormanmelissa/] * 📍 TikTok [https://www.tiktok.com/@melissadorman?lang=en]

Comments

0

Be the first to comment

Sign up now and become a member of the Bank on Your Neighbor: The Audiobook Podcast community!

Get Started

1 month for 9 kr.

Then 99 kr. / month · Cancel anytime.

  • Podcasts kun på Podimo
  • 20 lydbogstimer pr. måned
  • Gratis podcasts

All episodes

20 episodes

episode Chapter 6- The Audiobook: Bank on Your Neighbor artwork

Chapter 6- The Audiobook: Bank on Your Neighbor

Is your money really safe in the bank? In this chapter, Mel pulls back the curtain on one of the most dangerous financial myths we’ve all been taught: that parking your cash in a savings account is the smart, “safe” choice. Spoiler alert—it’s not. From inflation that eats away at your dollars like ice cream in the sun, to banks profiting off your deposits while giving you crumbs, Mel shows why leaving your money in the bank isn’t protecting it—it’s shrinking it. You’ll learn how inflation actually works, why 2023 was the worst year for bank failures since 2008, and how to reclaim your financial power by putting your money in motion. This episode dives into appreciation vs. depreciation, sweat equity in real estate, tax strategies like depreciation and cost segregation, and the importance of cash reserves. Mel makes the case that real safety doesn’t come from hoarding—it comes from moving your money with intention to build freedom, purpose, and community wealth. 🔗 Get the book bonuses at https://www.meldorman.com/resources 📖 Purchase the book at https://a.co/d/4HAQZiN * Learn more at https://meldorman.com * Stay connected when you subscribe for updates at https://melissa-dorman.kit.com/subscribe * You can also follow Mel on your favorite social platforms: * 📍 Instagram [https://www.instagram.com/mel_dorman/] * 📍 LinkedIn [https://www.linkedin.com/in/melissa-dorman-89115524/] * 📍 YouTube [https://www.youtube.com/@melissadorman9896] * 📍 Facebook [https://www.facebook.com/dormanmelissa/] * 📍 TikTok [https://www.tiktok.com/@melissadorman?lang=en]

26. feb. 202621 min
episode Chapter 5- The Audiobook: Bank on Your Neighbor artwork

Chapter 5- The Audiobook: Bank on Your Neighbor

Buying a single-family home is supposed to be the cornerstone of the American Dream—but what if it’s actually holding you back? In this chapter of Bank on Your Neighbor, Mel Dorman pulls back the curtain on one of the biggest money myths: that your first investment should be a single-family house. Drawing from her own journey—from long nights in the LA County Jail intake office to landing her first multifamily property—Mel shows why buying a house often leads to financial slowdown, not freedom. Instead, she reveals why multifamily properties offer stability, scalability, and a faster path to wealth, even for everyday people without big bank backing. If you’ve ever wondered whether your “starter home” is really helping you get ahead, this episode will give you a new lens—and a roadmap for building freedom faster. 🔗 Get the book bonuses at https://www.meldorman.com/resources 📖 Purchase the book at https://a.co/d/4HAQZiN * Learn more at https://meldorman.com * Stay connected when you subscribe for updates at https://melissa-dorman.kit.com/subscribe * You can also follow Mel on your favorite social platforms: * 📍 Instagram [https://www.instagram.com/mel_dorman/] * 📍 LinkedIn [https://www.linkedin.com/in/melissa-dorman-89115524/] * 📍 YouTube [https://www.youtube.com/@melissadorman9896] * 📍 Facebook [https://www.facebook.com/dormanmelissa/] * 📍 TikTok [https://www.tiktok.com/@melissadorman?lang=en]

26. feb. 202615 min
episode Chapter 4- The Audiobook: Bank on Your Neighbor artwork

Chapter 4- The Audiobook: Bank on Your Neighbor

What if debt isn’t the villain we’ve been taught to fear? In Chapter 4 of Bank on Your Neighbor, Mel Dorman unpacks the myth that “all debt is bad.” From heartbreaking lessons in India’s red-light district to the empowering leverage of her first duplex, Mel shows how debt can either chain you—or set you free. You’ll learn the difference between “bad debt” that keeps us trapped and “good debt” that builds lasting wealth, plus practical tips on paying off credit cards, negotiating with lenders, and using leverage to accelerate financial freedom. 🔗 Get the book bonuses at https://www.meldorman.com/resources 📖 Purchase the book at https://a.co/d/4HAQZiN * Learn more at https://meldorman.com * Stay connected when you subscribe for updates at https://melissa-dorman.kit.com/subscribe * You can also follow Mel on your favorite social platforms: * 📍 Instagram [https://www.instagram.com/mel_dorman/] * 📍 LinkedIn [https://www.linkedin.com/in/melissa-dorman-89115524/] * 📍 YouTube [https://www.youtube.com/@melissadorman9896] * 📍 Facebook [https://www.facebook.com/dormanmelissa/] * 📍 TikTok [https://www.tiktok.com/@melissadorman?lang=en]

26. feb. 202623 min
episode Chapter 3- The Audiobook: Bank on Your Neighbor artwork

Chapter 3- The Audiobook: Bank on Your Neighbor

Too many of us have been taught that investing is dangerous… but the truth is, not investing is far scarier. In this chapter, Mel shares the deeply personal story of watching her father’s decline with Alzheimer’s and the financial devastation that came with it—a wake-up call that “being good” and “working hard” were never going to be enough. You’ll learn why financial celibacy doesn’t protect you, how passive income changes everything, and why delayed gratification might just be your most powerful wealth-building tool. From side hustles to her first Prius deal to understanding how the wealthy play by different rules, Mel unpacks the mindset shifts that turn fear into financial freedom. 🔗 Get the book bonuses at https://www.meldorman.com/resources 📖 Purchase the book at https://a.co/d/4HAQZiN * Learn more at https://meldorman.com * Stay connected when you subscribe for updates at https://melissa-dorman.kit.com/subscribe * You can also follow Mel on your favorite social platforms: * 📍 Instagram [https://www.instagram.com/mel_dorman/] * 📍 LinkedIn [https://www.linkedin.com/in/melissa-dorman-89115524/] * 📍 YouTube [https://www.youtube.com/@melissadorman9896] * 📍 Facebook [https://www.facebook.com/dormanmelissa/] * 📍 TikTok [https://www.tiktok.com/@melissadorman?lang=en]

26. feb. 202624 min
episode Chapter 2- The Audiobook: Bank on Your Neighbor artwork

Chapter 2- The Audiobook: Bank on Your Neighbor

Is wealth really corrupt—or have we just been taught to believe that? In this chapter of Bank On Your Neighbor, Mel Dorman dismantles one of the most damaging money myths: that being rich automatically makes you greedy, selfish, or disconnected. From a misadventure with broken Bengali in the streets of Calcutta to the sobering history of financial discrimination in the U.S., Mel explores how cultural narratives, systemic barriers, and personal shame have kept too many of us small. With humor, heart, and unapologetic truth-telling, she reframes money as a tool for liberation—not exploitation. You’ll learn why building wealth isn’t about yachts and hedge funds, but about reclaiming power, creating time freedom, and fueling movements that serve people and communities. This chapter is an invitation to shift from unconscious wealth to conscious wealth rooted in love, justice, and possibility. ✨ Wealth in the right hands changes everything. 🔗 Get the book bonuses at https://www.meldorman.com/resources 📖 Purchase the book at https://a.co/d/4HAQZiN * Learn more at https://meldorman.com * Stay connected when you subscribe for updates at https://melissa-dorman.kit.com/subscribe * You can also follow Mel on your favorite social platforms: * 📍 Instagram [https://www.instagram.com/mel_dorman/] * 📍 LinkedIn [https://www.linkedin.com/in/melissa-dorman-89115524/] * 📍 YouTube [https://www.youtube.com/@melissadorman9896] * 📍 Facebook [https://www.facebook.com/dormanmelissa/] * 📍 TikTok [https://www.tiktok.com/@melissadorman?lang=en]

26. feb. 202627 min