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Your email address will not be published.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

Vulnerable Wealth

Protecting your wealth is just as important as building it, especially for women creating lasting legacies.

The Richest Black Girl in America: Lessons from Sarah Rector with Dr. Felecia Froe

What happens when a 10-year-old becomes one of the richest Black children in America, without protection in place?
In this episode, Dr. Felecia Froe shares the remarkable story of Sarah Rector, an oil heiress whose sudden wealth brought headlines, legal battles, and racial scrutiny. It’s more than a story of riches—it’s a lesson in resilience, strategy, and safeguarding what you build.
If you’ve ever wondered how to protect sudden or growing wealth, this episode is your blueprint.