Learning to Shred Debt with Adam Carroll

Adam Carroll has decades of experience working with families and business owners who are interested in creating massive efficiencies when it comes to their income and wealth building capacity. With an unwavering commitment to helping people make the most of the money they make, while limiting risk, reducing tax liabilities, and increasing liquidity, Adam Carroll has spent 15 years helping people do more with the money they make. He is an internationally recognized financial literacy expert, author of three Amazon best-sellers, a two-time TED talk speaker with over 6 million views on YouTube and TED.com, and is the creator of the Broke, Busted & Disgusted documentary which aired on CNBC and is shown in hundreds of high schools and colleges across the country. He is the host of the Build A Bigger Life podcast, the curator of MasteryOfMoney.com and founder of The Shred Method™

Show Notes:

2:30 – The need for talking about money started with a fight between Adam’s parents

4:30 – How Adam and his wife talk about money

9:10 – Student loan debt

11:15 – Disconnect between loan and repayment amounts

12:00 – Repayment methods

14:00 – The Shrink Method

16:00 – 4 things your income should do

17:30 – How banks make money off you

22:30 – 6-12 months of finances in the bank

23:30 – Do you need access to your money or do you need it available?

25:00 – Lines of credit

27:00 – How The Shred Method works

30:00 – Saving in Residency

34:00 – Invest for passive income

35:30 – Owning your income

38:00 – Connect with Adam

40:45 – Adam’s challenge for you

 

Don’t forget to grab your FREE report of 7 Steps to Building Resilient Wealth Ready to create wealth that lasts? Download our free eBook, How to Create Wealth that Outlives You https://moneywithmission.com/7-steps-to-building-wealth/

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Managing Finances Like a CFO – (Chief Financial Officer) with Ahuva Gruen

Can mastering the principles of a CFO unlock personal and professional financial freedom? Join Dr. Felecia Froe as she converses with Ahuva Gruen, a veteran Fractional CFO whose insights transform the complex finance world into actionable everyday life strategies. From her earliest ventures at just five years old to her profound impact on businesses and families, Ahuva shares stories and advice that resonate with anyone aiming to enhance their financial well-being. Expect to uncover the essentials of budgeting, strategic planning, and the liberating power of financial knowledge. Whether you’re managing a household budget or a business’s finances, this discussion offers invaluable tools to take control of your economic destiny.

PhilanthroInvestors: Give Your Money a Mission with Skye Logan

Can you make money while making the world a better place? Skye Logan, CEO of PhilanthroInvestors, joins Dr. Felecia Froe to explore how investing in companies tackling global issues—like clean water and cancer treatments—can grow wealth while driving positive change. Listeners will learn how to use their money for real impact, from supporting recycling efforts in Argentina to backing medical innovations that prevent disease. Skye shares how PhilanthroInvestors focuses on both financial returns and leaving a legacy.