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Your email address will not be published.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

ICYMI: Why High Achievers Feel Trapped — And How to Break Free with Dr. Felecia Froe

We’re revisiting a powerful conversation on the Mailbox Money Show, hosted by Bronson Hill, in which Dr. Felecia Froe explored the connection between money, time, and personal freedom. This episode reflects on what happens when professional success no longer feels fulfilling and why many high achievers reach a point where the traditional path stops making sense. The conversation unpacks burnout, the illusion of control, and the mindset shifts required to move beyond trading time for income.

High Income Isn’t the Same as Financial Freedom

High Income Isn’t the Same as Financial Freedom   From the outside, it often looks like high-income professionals have it all figured out. A strong paycheck. A respected career. Financial security. But for many people earning six figures or more, the reality feels very different. Despite the income, there is still pressure. Still stress. Still

ICMYI: High-Income Earners Are Losing Money Without Realizing It with Dr. Felecia Froe

ICYMI: This conversation originally aired when Dr. Felecia Froe joined Jerome Myers on the DreamCatchers Podcast, now known as the Your N.E.X.T. Podcast. The insights shared remain highly relevant for high-income earners who are questioning traditional financial paths and seeking more intentional ways to build wealth. Dr. Froe challenges the belief that 401(k)s, stock market investing, and tax deferral are the safest strategies, explaining why cash flow, tax efficiency, and properly vetted private investing create greater flexibility and freedom.