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
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