Podcasts about shred method

Title: Build a Bigger Life, Not a Bigger Lifestyle: The Real Path to Freedom with Adam Caroll Summary: In this episode of Raise the Bar Radio, guest (Adam Carroll) shares his journey from a traveling professional speaker to building sustainable wealth through passive income strategies. After realizing the limitations of trading time for money, Adam developed The Shred Method, a cashflow reorientation system that minimizes debt interest and frees up capital to build liquidity and invest. By leveraging lines of credit and algorithm-driven cash deployment, individuals can rapidly pay down debts and reallocate savings into passive income streams like real estate syndications, intellectual property, and other alternative investments. Adam stresses that most high-income earners don't have an income problem - they have a liquidity problem tied up in low-access retirement plans and excessive spending. Finally, he expands on his philosophy of "building a bigger life, not a bigger lifestyle," urging professionals to align spending and time with their values to achieve fulfillment and financial freedom within 10 years. Links to Watch and Subscribe:   Bullet Point Highlights: Trading time for money is limiting. Adam shifted from paid speaking gigs to building passive income streams for true freedom. The Shred Method minimizes interest expenses. By using cashflow more efficiently through lines of credit and optimized algorithms, debt is paid down faster, freeing liquidity for investing. Passive income is key to wealth. Adam focuses on real estate syndications, ATM tranches, intellectual property, and digital products to generate consistent, diversified passive cash flow. Most people have a liquidity problem, not an income problem. Money is often locked in 401(k)s or spent wastefully — instead, creating accessible liquidity allows for opportunity-based investing. Building a bigger life requires intentionality. Aligning spending and actions with core values (like family, freedom, growth) leads to fulfillment — not just more stuff. The game becomes fun. Once passive income starts flowing, investing becomes strategic, diversified, and compounding — eventually replacing active income and creating financial independence. Anyone can implement this. While you can DIY, Adam recommends coaching to fast-track understanding and execution of the Shred Method. Transcript: (Seth Bradley) (00:02.094) What's up, Builders? This is Raise the Bar Radio, where we talk about building wealth, raising capital, and all in all, raising the bar in your business and your life. This is the No BS podcast for capital raisers, investors, and entrepreneurs who are serious about scaling their business and living life on their own terms. I'm (Seth Bradley), securities attorney, real estate investor, and entrepreneur, bringing you world-class strategies from the best in the game.   If you're ready to raise more capital, close bigger deals, build a better you and create true financial freedom, you're in the right place. Let's go. Adam, what's going on, brother? Welcome to the show.   Hey Seth, thanks for having me, man. I'm excited about our conversation today.   Yeah, dude, super stoked to have you on today. It's going to be an awesome show, man. Let's dive right in. Tell us a little bit about yourself, your background. Take it back as far as you want to. Yeah.   Well, for the last 15 years or so, almost 20 now, guess, I've been making my living, opening my mouth and just speaking on stages all across the country. Had the opportunity to do a couple of international gigs, which was a blast. And in the midst of all that, making my living as a professional speaker, I realized that if I was very similar to your audience, if I wasn't doing the deal, doing the gig, doing the engagement, I wasn't getting paid.   (Adam Carroll) (01:26.184) And so a mentor of mine said, the goal is not to go to work and get paid. The goal is to go to work and get paid, get paid, get paid, get paid, get paid, get paid, get paid. And so I started figuring out that what I really wanted to do with the messaging that I was delivering was turn it into sort of a mediapreneurship where I was a mediapreneur creating content, but then I'd get paid for the content over and over and over again. And that today looks like I've written a bunch of books.   I've got a documentary that I produced that aired on CNBC. And now we're starting to get into more of a SaaS business, which I'm sure we'll talk about. That's the shred method. But I, you what I do when people ask me, I tell them, I love to educate people about new and different ways of building a bigger life, not a bigger lifestyle. And I would say you and I have that in common, because I know you're doing that on the show.   Yeah, absolutely, man. I gotta ask, how do you become a professional speaker? I bet a lot of people are thinking about that.   The origin story is kind of interesting because I was a clothier at the time in Denver, Colorado. And I was literally going out and meeting with high level executives in their offices, selling them custom made suits and shirts and sport coats and pants and whatnot. And it occurred to me in the middle of a meeting at one point, an appointment with one of my clients that I didn't want to measure in seams for the rest of my life. And I'll keep it PG but   This guy was one of my favorite clients. He was irreverent and funny and wasn't afraid to spend money on clothes. But this particular day, he confided in me that he wasn't wearing any underwear. And I was just like, dude, JP, what? You knew I was coming here today. He's like, I know, I just forgot. I'm sorry. I'm sorry. And I walked out and I went, I don't want to do this anymore. I just don't want to do this. And the company that I worked for is a fairly well known clothier. But   (Adam Carroll) (03:22.55) Every day I would drive around in my car listening to motivational messages. You know, they were on CDs at the time. I'm going to date myself, but I would listen to like Mark Victor Hansen and Jack Canfield and Les Brown and Zig Ziglar. I would listen to all these CDs in my car. And Mark Victor Hansen said on one of the CDs that public speaking is one of the most noble professions because you get to travel the world. You get to change people's lives and you make a lot of money doing it. And I remember thinking.   That's what I want to do. All three of those things rolled into one. And so I reached out to a buddy of mine and said, dude, I don't think I'm in the right job. I need to be doing something else. He said, what do you want to do? And I told him, and you know how the universe kind of works in mysterious ways. He goes, well, Anne, who used to work with us, she works for a company that that's all they do is hire speakers. And so I sent in a tape, I auditioned, I got the gig.   And I was a W2 employee of theirs for about two years and then realized that I was being underpaid for the work I was doing, that I was actually probably one of the top 10 % of speakers on the roster. And then I realized that when you can make anywhere from a thousand to $5,000 an hour doing that, it was a pretty good paying gig if you were out on your own. I took the jump and have been doing it ever since.   Interesting man. I didn't realize that you could have a W-2 as a speaker I thought everybody that was speaking was getting the speakers that were getting paid, you know They were kind of doing it on their own. I don't realize there was kind of a there was a way to do it where there's a company that pays W-2 wages to speakers to speak it events. Yeah, it's interesting   It is interesting because there are companies that will hire you as a speaker to go and it may be sell their product or service. Or in this case, I was working for a company that was a division of monster.com, the job search company. And I was, I was speaking to high school and college students all across the country. And I probably presented to like 200,000 people in, two years time. So it was just a great practice run and a great way to cut my teeth on a very difficult audience. Because.   (Adam Carroll) (05:36.814) I don't know if you've ever been around a freshman in high school or a sophomore in high school, but they're like the most apathetic human beings on the face of earth. They don't want to be there. I could have lit myself on fire and they'd been like, cool, what else you got? And then when I realized that there were speakers like me that were out who basically just said, this is my topic. This is my specialty, if you will. And here's the rate. And the more they spoke and the...   we have a theory that the more you speak, the more you speak. So once you get out, you hang your own shingle and say, I'm a speaker in this topic, people begin to know you as that person. And then word gets around and obviously you have to not suck on stage. That's part of it. But if you're great at keeping audiences attention, and I really studied NLP, neuro-linguistic programming to use the right words, I studied comedians to figure out what was funny and what wasn't, and it just worked.   Over time, I had more more bookings and at the peak of my career, I was doing like 70 or 75 gigs a year.   Wow, wow, that's incredible. Definitely didn't realize that was your background. I remember those folks coming to like the office and selling suits and doing that sort of thing. So that's pretty interesting. I'm sure a lot of listeners out there are familiar with that process as well.   Yeah. Yeah, it was, it was a great, it was a great gig. mean, I met all sorts of really phenomenal business people. And I think for me, it was, it was like confirmation that I had this desire to, to impact people. And my boss at one point, he was like, Hey, these people love you. They want you to come around. They love the discussion and the conversation. They need to buy stuff from you. And, and there was a.   (Seth Bradley) (07:01.639) sorry, go ahead.   (Adam Carroll) (07:26.574) It's kind of a realization for me that I didn't necessarily want to have to sell. wanted people to buy. And speaking makes it real easy to do that.   Hmm. Yeah, makes sense. Let's jump right into it, man. Let's talk about the shred method. A lot of folks will find this very interesting. I know that I do. What is it? And let's just start there. What is it? Tell us a little bit about it.   Yeah, the shred method, first of all, thank you for asking. it's, it's, for me, I don't say this lightly, but nothing has built more wealth for me and my family than following this model. And the reason for it is there are two great expenses that everyone has in life. And I'm sure all of your listeners, be they attorneys, doctors, other professionally degreed folks.   If you're in a W-2 job, you know this to be true. The two greatest expenses we have in life are taxes and the interest expense on debt. Those are the two greatest expenses. And a gentleman that I had met years ago who helped me with tax situations, just a brilliant, brilliant strategist, he said, Adam, if you focus on minimizing your tax liability, that will get you halfway there. And it's very easy to do, buy real estate, have depreciable assets.   you know, make personal expenses, business expenses, etc, etc. But he said, if you can focus on minimizing the interest expense on debt, this is like a video game that you can't lose. And so when I learned about the shred method, and this is known by a variety of different terms, some people call it an Australian mortgage, it's called velocity banking, we've taken those concepts and turbocharged them.   (Adam Carroll) (09:09.474) almost like putting nitrous oxide in a gas tank, you know, in terms of making it go faster. But the shred method is a unique tool and a way of reorienting your cash flow through your household so that it is being used to the most efficient use possible. And to kind of qualify that, Seth, if you were to leave your home in the morning to go to the grocery store, as an example, and you came back home, emptied the car out,   knowing you had to go to post office at like 4 p.m., would you leave your car idling in the driveway all day?   (Adam Carroll) (09:46.284) Nope. No, and why wouldn't you?   Wasteful.   Yeah, wasteful, you'd burn gas, it'd be hard on the engine. It's just inefficient, right? And yet what most people do is they get their income, their income gets deposited into a checking account, and it sits there for days, weeks, months, sometimes years on end. And we never really use it to its highest efficiency. Meanwhile, we might have debts, commercial debts, primary mortgages, might have student loans yet. And all of those are accruing amortized interest.   right? And you might say it's compound interest working against you to a certain extent. But at the very least amortized interest means that the majority of the interest you're paying on that debt is upfront, it's in the first one to five years. And so the shred method teaches people how to take that income that is being super inefficient in an account, and instead begin to apply it through a process that allows you to blast away   the highest interest or highest payment debts that you have, freeing up cash flow, building equity, and ultimately, and this is the key, creating liquidity to go buy passive income properties, if you will, or other passive income plays.   (Seth Bradley) (11:02.058) Interesting. Yeah, and we actually haven't had anyone on the show to speak about this method, whatever nomenclature you might use. So let's go in a little bit more detail. mean, what is the vehicle? What is this flow of money that you're talking about?   So, know, logistically, here's how it works. Money typically would just get deposited into checking. You pay everything out of checking your mortgage, your car loan, your credit cards, living expenses. And the gurus would tell you that anything extra should really go towards savings and investments, right? And for most people, it goes to Costco, Target and Dining Out. That's where it goes. You know, it doesn't stay in the account, doesn't go into savings. If it does, it goes there for a small period of time. I think that most people   don't really have a savings account, they have a put and take account, because they put a little bit in, take a little bit out, put a little bit in, take a lot out. So the way this works is the money instead of being deposited straight to a checking account gets deposited into what we call a shred account. And the shred account could either be a line of credit, or it could be just a side account of money that you have sitting there that has not been accessed in some time. And what we tell our users is that   you really want to have either a line of credit or a shred account that is one and a half to two times what your monthly net take home is. So if you're bringing home 10 grand a month net, then ideally you want either a line of credit or a shred account of 15 to 20 grand. And the magic of this is the money is going to flow into that account. But the shred method is powered by a piece of software that is based on an algorithm that's tracking your income.   your expenses, the interest that you're paying on all your debts, and how much discretionary money you have available at any given point in time. And essentially, we're leveraging that in really short bursts of time against your largest debts, which could be, again, student loans, could be your mortgage, could be commercial properties. And in doing that, what we're doing is we're saving copious amounts of interest, like literally tens to hundreds of thousands of dollars.   (Adam Carroll) (13:11.122) And in the process, we're freeing up a ton of equity. So people that are saying, hey, I'm paycheck to paycheck. It's hard for me to figure out how am I going to invest more money? We're telling them the money is going to come from the equity that you're creating in your properties by paying them down rapidly.   I love that because I can see where this is going to potentially free up some extra cash to invest. A lot of folks out there, including myself back in the day, we got caught up in this thing we call the golden handcuffs where we're just spending everything. Like you said, we're spending it on Target, on eating out, on things that we really don't need. mean, there's a time and place for spending money on having a good time and enjoying your life for sure.   But we just we tend to overdo it as our income grows our expenses grow right along with it And a lot of people that I talked to about investing they're like, you know I don't have fifty thousand dollars to invest in this real estate deal or a hundred thousand dollars in this real estate deal and it's like well Well, why don't you you know make three hundred thousand dollars you why don't you have fifty thousand dollars to invest in this awesome deal? Right or to you know, put aside for your emergency fund. Like why don't you have these things set up?   So, you know, we always have to walk them through, you know, the expenses is the issue. Really, it's what are you spending all this money on? we try to find how they can save on those expenses so that they can invest in these assets that are really going to set them financially free.   No doubt. And I think you hit the nail on the head. If somebody's making, and honestly, I tell people if you're making six figures plus $100,000 plus, and you don't have 10, 20, $50,000 ready to go, there's something fundamentally wrong. And here it is, we're sending too much money to our banker, and it just goes up in smoke. Right? We like to refer to it as the interest to income ratio, which is if you take how much income you make,   (Adam Carroll) (15:11.694) and you back out how much of that income is actually going to pay interest expense, it'll probably blow your mind. If someone's got a multi-six figure home or mortgage that they're paying on, and they've got student loans, and maybe they're driving a $50,000 to $100,000 vehicle with a payment attached to it, you're probably burning 50 to 60 grand a year in interest and not really thinking twice about it. So what this does is it starts to claw back some of the money that you're sending to your banker.   Which by the way, they make plenty of money. They don't need your money. That is the most profitable business out there is banking and lending. mean, literally, Seth, if you drive two miles around your property there, how many banks would you be able to stop at, do you think? Ballpark best guess.   Right, half a dozen.   Easily, right? And they're probably $10 million buildings minimum. Out there, they're even more, right? So, so this is the deal. They're profitable business ventures. And what we have to remember sometimes is we are their compound interest vehicle, right? Us making our payment every single month is what makes the banks all the money. And if we can game that system, if even for 12 to 18 months at the very beginning of our debt,   we can strip away a huge chunk of the interest that we would normally be paying them over the course of a decade or more. To your audience, that's how I'd say this is how you find the extra 50 or 100 grand because you do have it and it should be in the equity of your property and easily accessible as a liquidity tool. It just isn't because you haven't challenged the banking system.   (Seth Bradley) (16:57.073) Yeah. Now, is this something you can set up yourself or is this something that you need an expert to kind of walk you through? I'm sure if you could probably do it either way. It's just like anything else. You want to take the shortcut or not. But yeah, I just like to know your thoughts on that.   You're exactly right. I I could build a deck on my house if I wanted to and had three months to learn how to do it. Anybody can learn how to do this. My question to most people when they say, I do this myself? I'll say, yes, why haven't you? And for that, the investment with us is very minimal, mainly what it is is coaching and being able to help people get the logistics right. Because once they get it, it's very simple.   but there requires a little bit of retraining the brain in terms of how to handle your money and where the cash flow goes, because it's so, it's like so ingrained in us to live in the banker's business model, put money in checking, pay your bills, anything leftover goes over here. And if you look at it critically, the two groups that are really making money using the existing platform are bankers,   and any advisors that are accepting your money and then turning around and doing something with it. A friend of mine used to call it the helper class. So when the helper class has your money, they're making a ton of money, probably more than you are. And that's our goal is to begin to start to pull back some of the money from the helper class to keep it for ourselves to build those massive passive permanent streams of income.   Yeah, yeah, that makes sense. We tend to bash a few of those helper class folks. I mean, they're not all created equal, including some financial advisors and folks like that that, you know, they're okay people, but their interests aren't necessarily aligned with yours.   (Adam Carroll) (18:51.576) That's right. I would agree with that. I don't want to villainize them, but I think that personal finance is personal. The challenge that I have with anyone out there who espouses a certain way, mine included, is it has to be for the right kind of audience, the right avatar. From our perspective, the people that we help out are the ones who do want to break free from the W-2. They want to create massive passive permanent streams of income.   Over time, they'd like to build a bigger life, not a bigger lifestyle. So if someone's chronically overspending, got to have the newest of the new every single time, they may not be a perfect fit with our strategy because the goal is to continually increase your income while either keeping your expenses similar or even trending down over time, which is not to say that you can't expand where you're spending. Your income is increasing exponentially relative to your expenses.   we do that through the model that we're teaching people. So, you if you're a new car every six months or 12 months kind of person may not be a perfect fit. But if you're somebody who's like, hey, the debt's kind of oppressive, I want to get rid of it. And I want to build, you know, massive wealth for future generations, then generally speaking, we're a pretty good fit for for those folks.   Yeah, yeah, that makes a lot of sense. And I feel like there's, there's probably, it's probably a math equation, right? Like we can't necessarily do it on this show because it's, everybody's taking it in by audio for the most part. there's gotta be an algorithm and you could probably, you know, set those expense numbers and interest numbers that you're paying on your mortgage and other debts and what you're going to pay on that through the shred method and kind of see the savings and how you can grow that wealth year over year.   You're exactly right. It is super fluid. So if your income changes, your expenses change, we plug all that data in and hit recalculate and the thing automatically adjusts to whatever your expenses are. So one of the things that I would never fault anyone for is taking awesome vacations or buying a new car, whatever your choice is. Again, we're not going to villainize anyone for living their life.   (Adam Carroll) (21:06.67) But what we can do through shred is to say, hey, if you're going to drop 10 grand on a vacation, it's going to change your payoff by a month or two months or six months, depending on your income and discretionary income. And if someone knows that and they're planning on it, at least they're armed with that information as opposed to, gosh, we shouldn't do this, but we did or should we buy this $50,000 card? Does it make sense? Or 80 or 150 or whatever your number is.   We can show you exactly do it, just know this is what it changes in the process.   Yeah, yeah, I like that because you can just show them this is the impact it's going to have on paper before they do it and then you can make a better decision on whether or not you want to do that or not.   Absolutely. And furthermore, and you'll appreciate this, I know you're of this mindset, you'll get to a point where it's like, if you want the new car, then invest the money in a syndication or another property that puts enough money in your pocket, you can go pay for the car. But let your assets pay for your liabilities. And I think that's the main thing that many people, I'm sure your listeners, certainly folks that we engage with.   They don't have a lot of assets. They work hard, they make good money, but that is the sum total of their income, is active income. And our goal is to increase passive income over time where it supersedes your expenses because at that point you're financially free.   (Seth Bradley) (22:36.758) Right, right. What are some of the passive investments that you're involved in or that you recommend to people once they've implemented this system and they're trying to build those passive income streams?   Yeah, there are a number of them and I keep getting introduced to more and more all the time, Seth. I mentioned that, you know, that I was a mediapreneur and that the goal was to work, do the work and then get paid, get paid, get paid, get paid. So I started looking for other passive income streams. I really do love real estate. I've been invested in real estate for a long time. We divested of personally held real estate about four or five years ago. And   You know, I think I was too early to the party, but I thought the market was peaking and I thought I could get the max amount out of my properties. And I think I did at the time. And then we were introduced to syndications and we started really appreciating the fact that you could own a piece of a 350 unit apartment complex in South Carolina or Houston, Texas, or some other growing city and get a couple things, either monthly or quarterly income. You could get bonus depreciation.   And you basically got a K1 at the end of the year, which allows you to claim some of those expenses. And so we love syndications. We try and stack syndications on top of each other. they're coming due. They're selling every three or four or five years. So we'll put an amount of capital in knowing that it's going to turn over in short order. And we'll have another amount of capital to put in. And generally speaking, that capital amount just keeps going up.   So we love syndications. I've been introduced and we haven't pulled the trigger yet, but on ATM tranches where you can buy, have you heard this investment? Yep. So you can buy, you know, an amount of ATM machines where you're basically compensated on whatever the fee revenue on those are. There are many advantages to those. There are some drawbacks to it, but it's again, a passive income stream and one that's fairly consistent.   (Seth Bradley) (24:25.798) yeah, for sure.   (Adam Carroll) (24:44.59) Then I really like intellectual property plays. I will tend to invest in a business that has some IP and it may not cashflow right away, but I know that in two or three years, the IP is probably going to be worth something. It's more of a long-term play for me. I'm not going to put as much in it, but we have a couple of 25 to $50,000 investments in those kinds of deals as well. That, in addition to books and   documentary is still selling and things like that I'll keep doing. For me, the process of creating passive income is kind of a game. And so whatever the next thing is, I'm digging in, I want to learn it. total sidebar, but I'm trying to teach my sons and my daughter, this is the way of the future. It's not about working a nine to five and getting W2 and staying with the company for 30 years, it just doesn't happen anymore. It's about setting up   just perpetual income streams that allow you to live the way you want to live. And that, you know, I think that answers your question, hopefully.   (Seth Bradley) (25:52.174) Pardon the interruption, but we don't do ads. Instead, know that if you're raising capital for real estate, my law firm, RaiseLaw, is here to give you the expert legal guidance you need to raise capital compliantly and structure and close your deal. And if you're looking for a done-for-you fund-to-fund solution, Tribest is the industry's only all-in-one setup and fund administration solution. Visit Raise.Law and Tribest.com to learn more.   Yeah, yeah, that's right. You're preaching to the choir here, man. That's awesome. And you're kind of pretty deep into it. A lot of people will invest in a syndication and it is expensive to get involved, right? I mean, it's 50 grand or so or more to get into one of these things. And they're like, okay, I'm done. But you can't be done. You have to keep saving, keep investing. And you're in it to the point where past investors start really start accumulating wealth because they start stacking.   They start coming due every two, three, four, five years. You put it back in another one and they just compound on each other. And you're really accumulating this tax free if you stack them correctly. So it is an incredible vehicle once you get going. And it does turn into a game. I mean, you can look at your bank account or look at your personal P &L and just see how it's growing over five, 10 years. It's incredible. And you're not doing any work. You're vetting the sponsor, the market and the deal and really just the sponsor once you get really good at it.   and you keep reinvesting with the same sponsors that you like and there's no work involved, no tenants, toilets and trash, none of that.   Yes. Yes. And I think you hit the nail on the head when you find a sponsor you really like and you jive with, it's easy to roll the money over to them because they're constantly looking for the next deal. their reputation, their personality, everything is based on their success. they have a very, very vested interest to make you money. And so I don't think I fully realized when I was younger   (Adam Carroll) (27:50.35) the power of having the ability to write a 50 or $100,000 check. And once you get there and you can do 50 or 100 or get to a point where you can write a $500,000 or a million dollar check, things change drastically because there are syndicators out there that will take a million bucks. They'll pay you $90,000 a year guaranteed on the investment. You'll get bonus depreciation and write-offs and all of that. And you'll have like a...   200 % return on it within four or five years, three, four or five years. That's where you can buy a new car every year or two or three, because you need like a $75,000 or $80,000 write-off to your business. So you need a truck or you need a heavy vehicle,   Yeah, yeah, that's right. I mean, that's a good point. mean, people that have $500,000, a million dollars or more liquid, I mean, you can just look at a simple math and you get an 8 to 10 % return on that in cash flow, just in cash flow. You know, if you're living reasonably, you can live off of that. So, yeah, so you can be, you you don't need $10 million, $20 million to retire off of this if you invest in the right deals.   Totally. Totally.   (Seth Bradley) (29:03.926) and kind of spread it across, diversify in different deals, different sponsors, different geographies, different asset types. You can be retired if you want to. It's closer than people think.   I would agree. We have a theory that nearly everyone and certainly your audience could be free, done, done completely in 10 years or less. Absolutely. We call it a 10-year freedom plan. the challenge, think, Seth, and I would be curious your take on this, but I think the challenge for most people is not necessarily an income problem. It's a liquidity problem. So you make good income, right? And we talked about it. It's the expenses that factors in.   But where the majority of your investments go are probably in qualified funds. They're sitting in 401ks and Roth IRAs. Unless it's self-directed, you can't really access it till you're 59 and a half. And even then it's 59 and a half to 70 and a half, you have free rein access. Otherwise the government's regulating how much you take out without fees or penalties. That's a liquidity problem. And so the shred method takes that into account and starts to build   pockets or buckets of liquidity that you can draw from. The first is your home equity, or it could be equity in a commercial property. And then the next would be building a bank of money that you're borrowing from at some point in time, just another bucket. And the more buckets of money that we create, the more liquidity you have and the more investments you can get into, thereby increasing your passive income. So to your point, you do this well, it's like a video game you can't lose over time.   Yeah, yeah, that's right. And we've been programmed to think if we have a high paying job, we just put as much as we can into a 401k and we're doing the right thing and we're doing everything that we need to do and we're not and then everything that doesn't go into that 401k we're spending. So we're not saving anything else. We're not keeping anything else liquid. And we're just assuming that we're going to be okay because we put this money in the 401k. Well, like you said, you can't access it until you're 60 years old. That's right. Unless you take it out with a major penalty. So   (Seth Bradley) (31:10.062) You know, one way to do that obviously is to roll it over in an SDIRA or self-directed, I'm sorry, 401k, the self-directed, something that you have some control over. And then it does become liquid in the sense that you can at least invest it in things that you want to invest in rather than a financial advisor or just stocks, bonds and mutual funds. And then as you said, there's different ways that you can free up liquidity, a HELOC.   something like that borrow against a life insurance policy we've talked about infinite banking policies things like that there's there's creative ways to do it you just need to be aware of it most people just aren't aware of how to how to do that   Yeah, I think that's what's so valuable about your show too, man, is that we only know what we know. And there's an enormous amount that we don't know we don't know. So when I got introduced to syndications, and I got introduced to the ATM tranches, and I'm looking at these going, you know, there is risk, there's risk in everything. But the risk is so mitigated. And you don't realize that if you're writing $100,000 check, and they're saying, yeah, we're going to pay you 9 % guaranteed.   And these are some syndicators will promise an interest rate based on what class of investor you are, A, B, C, D, whatever it may be. But when I looked at that and I go, if I'm striving to get eight to 10 % in the S &P 500, and I have zero control over that, where would I rather be placing my money? That was something I didn't know I didn't know. And it's always fascinating to me to begin sharing this with people because   When I share the shred method, a lot of folks go, not too good to be true. If it's so good, why isn't everybody doing it? And what I'll tell them is because of human behavior and because the bank's lobbies and their marketing engine is so powerful. But it's not magic, it's math. We're taking mathematical principles, risk-based principles and applying it to real estate or finance and figuring out how to make an amount of money that will supersede what you're.   (Adam Carroll) (33:13.782) your W2 job is pretty simple. That's right. Yeah.   Yeah, pretty simple. It's math. Just got to get it down on paper, right? Yeah. All right. Let's switch gears a little bit. I want to quickly get into, you know, this concept that you preach about building a bigger life at work because I think that's, you know, inspiring and that sort of thing and really life in general, right? Tell us about that concept and kind of dive in a little bit.   Yeah.   (Adam Carroll) (33:37.964) Yeah, you know, this started, it would actually started from a conversation I had with a recent college graduate, and they had gotten an advanced degree, they were going into a high paying job. And I think they'd been at it for maybe nine months or so. And we were having coffee and this person said to me, I'm just not satisfied. And I said, Well, what what is it you're not satisfied with? And they said, Well, the issue is that I thought at this point in time after graduating, he'd be traveling the globe.   You know, that was what he had always romanticized was just tons of travel and do whatever he wanted to do. And I said, well, what's keeping you from that? And he goes, well, you know, I just got into this long-term lease apartment. go, okay. And he said, and I bought a bunch of furniture that I financed. And, and then it's like, okay. He goes, I have a couple of gym memberships, not one, two gym memberships, you know, each probably 80 to 120 bucks a piece a month had a car payment because he needed a fancy car. And I said,   Dude, it sounds to me like you're building a bigger lifestyle, not a bigger life. And what you're asking for is a bigger life. And that became almost a deep dive search for me on what would building a bigger life mean for me and my family. And what I did, Seth, was I started digging into what are my core values? How can I live according to those core values, not according to my neighbor's core values, you who may be drastically different than mine? And...   I ended up writing a book called The Build a Bigger Life Manifesto, which breaks down how do you do this step by step. And there are 10 core tenets. And the first one is you got to build on a strong values foundation, like understanding what is it truly you value in life. And if you're doing more of that, then your life should be fulfilling. And mine are family, freedom, love, growth, and connection. And if I'm fulfilling those five buckets on a weekly basis, generally speaking, I'm really fulfilled.   And so the second is have a bigger vision and a bigger vision for your life might mean I'm not going to stay in this job for the next 20 years and hopefully make partner. then hopefully, because we all know that as you get promoted in a W-2 job, it doesn't mean you work less. It means you work more. And so my bigger vision was I want to make my vocation, my vacation. I'm going to speak, but I'm going to speak in cool places that I can take my family to. People are going to pay me really well to do it.   (Adam Carroll) (36:03.368) and I'm going to do it X number of times a year. And then I started asking, and this is the third step, asking bigger questions. And bigger questions look like, okay, so if I wanted to do that, how would I get better at speaking? How would I get so good that people will pay me 10 or 15 or 20 grand to go do what I do for an hour? What would that look like? I started asking not how would I pay my house off early? How would I pay my house off by the end of this year?   And when I asked that question, answers started coming and we were able to do it. So this is kind of the layout of how we walk people through this process. And for me, a bigger life today is just that, you know, I live for my family. I want to travel with them. I want to have tons of fun with them while they're still in the house. I have two teenagers and one in college. And soon, you know, eventually they'll be gone and it'll be my wife and I going and living the life that we most want.   Our lifestyle right now is pretty locked in. We have a beautiful home, we drive nice cars, but everything's paid for. And at this point, the goal is just to continually create massive passive permanent streams of income that afford us the ability to be generous, to live the life we want. And ultimately for me to be able to go share that message with other people.   And something so simple that you did there, it's just, you know, ask yourself what's important. A lot of us don't take the time to think about why we're upset, why are we not happy. And a lot of it comes down to not filling those buckets that are important to us on a regular basis. to be able to figure that out, you've got to take a few moments to think deeply about what it is that's important to you.   100%. And I'll give you a great example, Seth. One guy that we worked with, he realized that one of his core values that was not being fulfilled was adventure. So he loved his job and he goes, I don't know what it is, I'm just dissatisfied. And we went through the values assessment and adventure was on there. I go, well, where are you getting adventure? And he said, you know, that's the problem. I'm not, I haven't had an adventure in two years. I said, so maybe in building your life,   (Adam Carroll) (38:21.538) we need to figure out where are you carving out adventure for yourself or your family to make sure that you're doing it. For him, community was a big part of it. And he was getting some of that in his day-to-day client interactions. But what he really wanted was to build a community of friends that would go do stuff together. And I said, that's on you, man. If you really want that as part of your life, you got to build whatever that looks like.   And what if you combine that and adventure? So you get a whole group of adventure seekers that get together three times a year to go skiing in Aspen or, you know, go skydiving on a weekend or whatever it is. What would that look like to do that? And he lit up and you know, I could do this right now. So to your point, I think we're all very, very close to having a fulfilled life and building a bigger life. But you do have to take time to figure out what does that look like for you.   For sure, for sure. And a lot of the folks listening are attorneys and doctors and they tend to have high suicide rates, all these crazy things, substance abuse. people from the outside looking in think, why? Because you're making all this money. You have this high profession that everybody looks up to and you're not unhappy. And that's why, because those folks...   folks like us, we're just really focused on just that occupation. And that's it. And we don't focus on some of the other things that would fulfill us and make us happy. tons of attorneys I talk to try to get, they're like, how do I start investing as quickly as possible? Make as much money as quickly as possible so I can get out of this job because I hate being an attorney or I hate being a dentist or whatever it is. But really, that might not be the issue. The issue is that you're not filling up those buckets outside of your   career. And if you were to start filling those buckets, start paying more attention to those things, you might not be as unhappy in your career. And you might actually find that you enjoy what you're doing because you're good at it. You worked really hard to get there and you're making a good bit of money doing it.   (Adam Carroll) (40:22.06) No doubt, no doubt. I would add to that, that I think the majority of professions that you just listed, dentists, doctors, lawyers, et cetera, what they really want is they want to maintain professional status, do what they do, they've gone to school, they've learned how to do it. But over time, they want to work less and less, not more and more. And if you're doing what you recommend on the show, and if you're leveraging something like the shred method to create it, you can get to a point where   half or more of your income, ideally all of it, is replaced by passive income. But it requires that you get really focused on working for the right reasons and not filling in the lack of fulfillment or unhappiness with a new car or the next do-dad or spending a fortune on something. Instead, decide, I'm going to go get into an investment this year that will begin the process of creating passive income for me to start building the life that I truly want.   And it is, it's pretty transformational once you figure out how to do it and what the next steps are.   Yeah, it's like the matrix. mean, you start kind of, as soon as you start, it becomes a game, how you said it earlier in the show, and you just start seeing things that you didn't see before. You start being presented with new types of investments and businesses that you can invest in that you never saw before, but they were right under your nose. It does turn into a fun game, a money game.   Yeah, no question. I was at a conference not too long ago and they were calling me Morpheus because I made a reference to the red pill or the blue pill. And they were like, dude, you're Morpheus. I just took the red pill. Now I'm going down the rabbit hole. So beware. Are you ready to take the red pill?   (Seth Bradley) (42:08.374) Love that, love that. All right Adam, before we jump into the freedom four, what's one last golden nugget for our listeners?   A golden nugget for your listeners is that money today is abstract. It's not a concrete thing. Several decades ago, you would be given cash or you'd pay for things in cash. And today, virtually everything is a cashless transaction. And when we're not using cash, it doesn't feel real. If we're using Apple Pay or we're swiping our card or tapping our card,   It doesn't feel real. In fact, there's no pain sensor that triggers when you do that. The opposite is true on Amazon. When you hit one click ship for $47, a pleasure sensor actually is activated because you're in anticipation of that thing coming to you. So we also have to realize that the more money you make, it feels like, well, the more you have to spend. But because money doesn't feel real, you're spending way more than you think you are.   because of the abstract nature of it. So some of that is like reigning back in and understanding these are real dollars that you're putting on a card or swiping on your phone or whatever it may be and deciding is this the best intentional use of this money or could I be using it to build the life that I truly want? And I will add to that Seth that it's very short. There's a short amount of time that it requires you to function just a little bit differently.   order to get there where all the passive income covers your wants. So just like intentionality for the next 12 to 24 months will make a massive difference in your life.   (Seth Bradley) (43:48.502) Yeah, that's all it takes. All right, let's jump into the freedom four. What's the best thing you do to keep your mind and body healthy?   I am part of an exercise group called F3 and it stands for fitness fellowship and faith. There's like 75,000 guys all over the world that do this every morning. And we get up, you know, rain, sun, sleet or hail. I mean, we were working out in like eight degree Fahrenheit weather this winter outside. It's always outside. And I love it. I do it four or five, sometimes six mornings a week. But for me, just getting up the first hour of my day will   will dictate what the rest of my day does. And so my F3 brothers and I, that's the right way for me to get started.   awesome. With all your success what is one limiting belief that you've crushed along the way and how did you get past it?   you know, this is, this is going to sound a bit like an oxymoron statement, but a limiting belief is that, man, there's so much opportunity. And for me, I'm a bright, shiny object guy. for years, my wife was like, just pick one opportunity, please just pick one. And so for me, it's, you know, it's the fact that there is so much I can do limits me because you can really get very, very good at one thing.   (Adam Carroll) (45:08.078) But I'm a big fan of James Clear and the book Atomic Habits. And he'll say that it's hard to get traction when your focus is divided. And so I've been really intentional about zeroing in on my focus and knowing that this is what I'm setting out to do. And it may be for 12 months or 24 months or five years. And I'll reevaluate along the way. But I've got one thing and I'm really focused on that. So that's been a limiting belief I've had to get over.   Awesome. Awesome. What's one actionable step our listeners can do right now to start creating more freedom?   Well, go to the shredmethod.com not to do a self plug, it is. Go watch the masterclass, see what we do and how we do it. If you are already intrigued by this and are wondering like, what should I do with a HELOC or should I have a HELOC? My answer to everyone is everyone should have a HELOC, everyone. If you have equity in your home, why do you not have a line of credit? If for nothing else to have that is an emergency.   of some kind. So point blank, the first thing you ought to do is go access a line of credit, be it a home equity line, a personal line of credit, a P lock, or a B lock, a business line of credit. can also do a cash value line of credit. But I think you got to have one of those because when you understand this method, this process, that's a linchpin to making this work.   Great. How is passive income made your life better?   (Adam Carroll) (46:42.698) you know, I like to call it mailbox money and, man, love mailbox money. When it shows up, I celebrate and I've, I've had a mantra for years that I'm a money magnet, that money comes easily and frequently, that I get more checks in the mail than I do bills. And I just repeat those mantras over and over again. So every time I set up another form of passive income, man, it's just like a win.   that you feel deep down inside. And it doesn't matter, Seth, if it's 50 bucks or 15 bucks or five bucks or 5,000, right? Total sidebar, real quick story, but I was sitting with a buddy of mine at a conference and he kept showing me his phone and he was clearly showing off. But every time he'd pop up his phone, was like another sale was made. And it'd be like $27, $170, $300. And I go...   Dude, how are you doing this?" And he said, I set up these funnels and it's just a little digital product I created and we're doing ads and we're putting all the people towards these ads. And I said, so how many of those do get a month? He goes, I don't somewhere between $9,000 and $10,000 a month is coming in. And I remember feeling giddy for him and giddy about the idea that this could be possible, that you could just do whatever you want to do every day. Go fishing, go surfing, be on a sailboat somewhere and pull up your phone and be like, well, this is cool. just made...   $800. So for me, we have started to build that into what we're doing. I now get alerts on my Apple Watch. It's a Slackbot. So every time a sale is made, it pops up. we went to Mexico over spring break and the vendors on the Mexican beaches, they bless themselves every time they make a sale. And so now when a sale pops up on my Slackbot,   I'm like, all right, I made a sale. This is awesome. So how has it changed my life? I'm more grateful. I sleep well at night. I have peace of mind. And I know that, you know, future generations are going to be taken care of by the wealth that my wife and I are creating.   (Seth Bradley) (48:45.29) I love it, All right, Adam, this has been incredible. We're going to let listeners find out more about you.   Well, you can find out more about me personally at adamcarroll.info. It's two R's, two L's, adamcarroll.info. And again, if you want to check out the Shred Method, we have lots of free resources. So you can go and do a ton of research. We have a savings analysis there that you can plug in your numbers and see how much you could save and how quickly you could be out of debt. All of that is available at theshredmethod.com.   All right, brother. Appreciate your time. Thanks again for coming on the show and we'll to have you on again soon.   Love it, Seth. Keep doing what you do, man. This is super important stuff.   Alright brother, talk soon.   (Seth Bradley) (49:28.578) Thanks for tuning in to Raise the Bar Radio. If you enjoyed today's episode, make sure to subscribe, leave a review, and share it with someone who needs to hear it. Keep pushing, keep building, and keep raising the bar. Until next time, enjoy the journey. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Adam Carroll's Links: https://www.threads.com/@adam.carroll/ https://www.instagram.com/adam.carroll/ https://www.linkedin.com/in/adamcarrollspeaks/ https://www.facebook.com/AdamSpeaks/ https://x.com/adamcarroll https://open.spotify.com/show/1fPEUnWdnbcOcbYdksY1Yi https://www.youtube.com/channel/UCJREGkPP6UwMucJMPvDS8xg

Title: Build a Bigger Life, Not a Bigger Lifestyle: The Real Path to Freedom with Adam Caroll Summary: In this episode of Raise the Bar Radio, guest (Adam Carroll) shares his journey from a traveling professional speaker to building sustainable wealth through passive income strategies. After realizing the limitations of trading time for money, Adam developed The Shred Method, a cashflow reorientation system that minimizes debt interest and frees up capital to build liquidity and invest. By leveraging lines of credit and algorithm-driven cash deployment, individuals can rapidly pay down debts and reallocate savings into passive income streams like real estate syndications, intellectual property, and other alternative investments. Adam stresses that most high-income earners don't have an income problem - they have a liquidity problem tied up in low-access retirement plans and excessive spending. Finally, he expands on his philosophy of "building a bigger life, not a bigger lifestyle," urging professionals to align spending and time with their values to achieve fulfillment and financial freedom within 10 years. Links to Watch and Subscribe:   Bullet Point Highlights: Trading time for money is limiting. Adam shifted from paid speaking gigs to building passive income streams for true freedom. The Shred Method minimizes interest expenses. By using cashflow more efficiently through lines of credit and optimized algorithms, debt is paid down faster, freeing liquidity for investing. Passive income is key to wealth. Adam focuses on real estate syndications, ATM tranches, intellectual property, and digital products to generate consistent, diversified passive cash flow. Most people have a liquidity problem, not an income problem. Money is often locked in 401(k)s or spent wastefully — instead, creating accessible liquidity allows for opportunity-based investing. Building a bigger life requires intentionality. Aligning spending and actions with core values (like family, freedom, growth) leads to fulfillment — not just more stuff. The game becomes fun. Once passive income starts flowing, investing becomes strategic, diversified, and compounding — eventually replacing active income and creating financial independence. Anyone can implement this. While you can DIY, Adam recommends coaching to fast-track understanding and execution of the Shred Method. Transcript: (Seth Bradley) (00:02.094) What's up, Builders? This is Raise the Bar Radio, where we talk about building wealth, raising capital, and all in all, raising the bar in your business and your life. This is the No BS podcast for capital raisers, investors, and entrepreneurs who are serious about scaling their business and living life on their own terms. I'm (Seth Bradley), securities attorney, real estate investor, and entrepreneur, bringing you world-class strategies from the best in the game.   If you're ready to raise more capital, close bigger deals, build a better you and create true financial freedom, you're in the right place. Let's go. Adam, what's going on, brother? Welcome to the show.   Hey Seth, thanks for having me, man. I'm excited about our conversation today.   Yeah, dude, super stoked to have you on today. It's going to be an awesome show, man. Let's dive right in. Tell us a little bit about yourself, your background. Take it back as far as you want to. Yeah.   Well, for the last 15 years or so, almost 20 now, guess, I've been making my living, opening my mouth and just speaking on stages all across the country. Had the opportunity to do a couple of international gigs, which was a blast. And in the midst of all that, making my living as a professional speaker, I realized that if I was very similar to your audience, if I wasn't doing the deal, doing the gig, doing the engagement, I wasn't getting paid.   (Adam Carroll) (01:26.184) And so a mentor of mine said, the goal is not to go to work and get paid. The goal is to go to work and get paid, get paid, get paid, get paid, get paid, get paid, get paid. And so I started figuring out that what I really wanted to do with the messaging that I was delivering was turn it into sort of a mediapreneurship where I was a mediapreneur creating content, but then I'd get paid for the content over and over and over again. And that today looks like I've written a bunch of books.   I've got a documentary that I produced that aired on CNBC. And now we're starting to get into more of a SaaS business, which I'm sure we'll talk about. That's the shred method. But I, you what I do when people ask me, I tell them, I love to educate people about new and different ways of building a bigger life, not a bigger lifestyle. And I would say you and I have that in common, because I know you're doing that on the show.   Yeah, absolutely, man. I gotta ask, how do you become a professional speaker? I bet a lot of people are thinking about that.   The origin story is kind of interesting because I was a clothier at the time in Denver, Colorado. And I was literally going out and meeting with high level executives in their offices, selling them custom made suits and shirts and sport coats and pants and whatnot. And it occurred to me in the middle of a meeting at one point, an appointment with one of my clients that I didn't want to measure in seams for the rest of my life. And I'll keep it PG but   This guy was one of my favorite clients. He was irreverent and funny and wasn't afraid to spend money on clothes. But this particular day, he confided in me that he wasn't wearing any underwear. And I was just like, dude, JP, what? You knew I was coming here today. He's like, I know, I just forgot. I'm sorry. I'm sorry. And I walked out and I went, I don't want to do this anymore. I just don't want to do this. And the company that I worked for is a fairly well known clothier. But   (Adam Carroll) (03:22.55) Every day I would drive around in my car listening to motivational messages. You know, they were on CDs at the time. I'm going to date myself, but I would listen to like Mark Victor Hansen and Jack Canfield and Les Brown and Zig Ziglar. I would listen to all these CDs in my car. And Mark Victor Hansen said on one of the CDs that public speaking is one of the most noble professions because you get to travel the world. You get to change people's lives and you make a lot of money doing it. And I remember thinking.   That's what I want to do. All three of those things rolled into one. And so I reached out to a buddy of mine and said, dude, I don't think I'm in the right job. I need to be doing something else. He said, what do you want to do? And I told him, and you know how the universe kind of works in mysterious ways. He goes, well, Anne, who used to work with us, she works for a company that that's all they do is hire speakers. And so I sent in a tape, I auditioned, I got the gig.   And I was a W2 employee of theirs for about two years and then realized that I was being underpaid for the work I was doing, that I was actually probably one of the top 10 % of speakers on the roster. And then I realized that when you can make anywhere from a thousand to $5,000 an hour doing that, it was a pretty good paying gig if you were out on your own. I took the jump and have been doing it ever since.   Interesting man. I didn't realize that you could have a W-2 as a speaker I thought everybody that was speaking was getting the speakers that were getting paid, you know They were kind of doing it on their own. I don't realize there was kind of a there was a way to do it where there's a company that pays W-2 wages to speakers to speak it events. Yeah, it's interesting   It is interesting because there are companies that will hire you as a speaker to go and it may be sell their product or service. Or in this case, I was working for a company that was a division of monster.com, the job search company. And I was, I was speaking to high school and college students all across the country. And I probably presented to like 200,000 people in, two years time. So it was just a great practice run and a great way to cut my teeth on a very difficult audience. Because.   (Adam Carroll) (05:36.814) I don't know if you've ever been around a freshman in high school or a sophomore in high school, but they're like the most apathetic human beings on the face of earth. They don't want to be there. I could have lit myself on fire and they'd been like, cool, what else you got? And then when I realized that there were speakers like me that were out who basically just said, this is my topic. This is my specialty, if you will. And here's the rate. And the more they spoke and the...   we have a theory that the more you speak, the more you speak. So once you get out, you hang your own shingle and say, I'm a speaker in this topic, people begin to know you as that person. And then word gets around and obviously you have to not suck on stage. That's part of it. But if you're great at keeping audiences attention, and I really studied NLP, neuro-linguistic programming to use the right words, I studied comedians to figure out what was funny and what wasn't, and it just worked.   Over time, I had more more bookings and at the peak of my career, I was doing like 70 or 75 gigs a year.   Wow, wow, that's incredible. Definitely didn't realize that was your background. I remember those folks coming to like the office and selling suits and doing that sort of thing. So that's pretty interesting. I'm sure a lot of listeners out there are familiar with that process as well.   Yeah. Yeah, it was, it was a great, it was a great gig. mean, I met all sorts of really phenomenal business people. And I think for me, it was, it was like confirmation that I had this desire to, to impact people. And my boss at one point, he was like, Hey, these people love you. They want you to come around. They love the discussion and the conversation. They need to buy stuff from you. And, and there was a.   (Seth Bradley) (07:01.639) sorry, go ahead.   (Adam Carroll) (07:26.574) It's kind of a realization for me that I didn't necessarily want to have to sell. wanted people to buy. And speaking makes it real easy to do that.   Hmm. Yeah, makes sense. Let's jump right into it, man. Let's talk about the shred method. A lot of folks will find this very interesting. I know that I do. What is it? And let's just start there. What is it? Tell us a little bit about it.   Yeah, the shred method, first of all, thank you for asking. it's, it's, for me, I don't say this lightly, but nothing has built more wealth for me and my family than following this model. And the reason for it is there are two great expenses that everyone has in life. And I'm sure all of your listeners, be they attorneys, doctors, other professionally degreed folks.   If you're in a W-2 job, you know this to be true. The two greatest expenses we have in life are taxes and the interest expense on debt. Those are the two greatest expenses. And a gentleman that I had met years ago who helped me with tax situations, just a brilliant, brilliant strategist, he said, Adam, if you focus on minimizing your tax liability, that will get you halfway there. And it's very easy to do, buy real estate, have depreciable assets.   you know, make personal expenses, business expenses, etc, etc. But he said, if you can focus on minimizing the interest expense on debt, this is like a video game that you can't lose. And so when I learned about the shred method, and this is known by a variety of different terms, some people call it an Australian mortgage, it's called velocity banking, we've taken those concepts and turbocharged them.   (Adam Carroll) (09:09.474) almost like putting nitrous oxide in a gas tank, you know, in terms of making it go faster. But the shred method is a unique tool and a way of reorienting your cash flow through your household so that it is being used to the most efficient use possible. And to kind of qualify that, Seth, if you were to leave your home in the morning to go to the grocery store, as an example, and you came back home, emptied the car out,   knowing you had to go to post office at like 4 p.m., would you leave your car idling in the driveway all day?   (Adam Carroll) (09:46.284) Nope. No, and why wouldn't you?   Wasteful.   Yeah, wasteful, you'd burn gas, it'd be hard on the engine. It's just inefficient, right? And yet what most people do is they get their income, their income gets deposited into a checking account, and it sits there for days, weeks, months, sometimes years on end. And we never really use it to its highest efficiency. Meanwhile, we might have debts, commercial debts, primary mortgages, might have student loans yet. And all of those are accruing amortized interest.   right? And you might say it's compound interest working against you to a certain extent. But at the very least amortized interest means that the majority of the interest you're paying on that debt is upfront, it's in the first one to five years. And so the shred method teaches people how to take that income that is being super inefficient in an account, and instead begin to apply it through a process that allows you to blast away   the highest interest or highest payment debts that you have, freeing up cash flow, building equity, and ultimately, and this is the key, creating liquidity to go buy passive income properties, if you will, or other passive income plays.   (Seth Bradley) (11:02.058) Interesting. Yeah, and we actually haven't had anyone on the show to speak about this method, whatever nomenclature you might use. So let's go in a little bit more detail. mean, what is the vehicle? What is this flow of money that you're talking about?   So, know, logistically, here's how it works. Money typically would just get deposited into checking. You pay everything out of checking your mortgage, your car loan, your credit cards, living expenses. And the gurus would tell you that anything extra should really go towards savings and investments, right? And for most people, it goes to Costco, Target and Dining Out. That's where it goes. You know, it doesn't stay in the account, doesn't go into savings. If it does, it goes there for a small period of time. I think that most people   don't really have a savings account, they have a put and take account, because they put a little bit in, take a little bit out, put a little bit in, take a lot out. So the way this works is the money instead of being deposited straight to a checking account gets deposited into what we call a shred account. And the shred account could either be a line of credit, or it could be just a side account of money that you have sitting there that has not been accessed in some time. And what we tell our users is that   you really want to have either a line of credit or a shred account that is one and a half to two times what your monthly net take home is. So if you're bringing home 10 grand a month net, then ideally you want either a line of credit or a shred account of 15 to 20 grand. And the magic of this is the money is going to flow into that account. But the shred method is powered by a piece of software that is based on an algorithm that's tracking your income.   your expenses, the interest that you're paying on all your debts, and how much discretionary money you have available at any given point in time. And essentially, we're leveraging that in really short bursts of time against your largest debts, which could be, again, student loans, could be your mortgage, could be commercial properties. And in doing that, what we're doing is we're saving copious amounts of interest, like literally tens to hundreds of thousands of dollars.   (Adam Carroll) (13:11.122) And in the process, we're freeing up a ton of equity. So people that are saying, hey, I'm paycheck to paycheck. It's hard for me to figure out how am I going to invest more money? We're telling them the money is going to come from the equity that you're creating in your properties by paying them down rapidly.   I love that because I can see where this is going to potentially free up some extra cash to invest. A lot of folks out there, including myself back in the day, we got caught up in this thing we call the golden handcuffs where we're just spending everything. Like you said, we're spending it on Target, on eating out, on things that we really don't need. mean, there's a time and place for spending money on having a good time and enjoying your life for sure.   But we just we tend to overdo it as our income grows our expenses grow right along with it And a lot of people that I talked to about investing they're like, you know I don't have fifty thousand dollars to invest in this real estate deal or a hundred thousand dollars in this real estate deal and it's like well Well, why don't you you know make three hundred thousand dollars you why don't you have fifty thousand dollars to invest in this awesome deal? Right or to you know, put aside for your emergency fund. Like why don't you have these things set up?   So, you know, we always have to walk them through, you know, the expenses is the issue. Really, it's what are you spending all this money on? we try to find how they can save on those expenses so that they can invest in these assets that are really going to set them financially free.   No doubt. And I think you hit the nail on the head. If somebody's making, and honestly, I tell people if you're making six figures plus $100,000 plus, and you don't have 10, 20, $50,000 ready to go, there's something fundamentally wrong. And here it is, we're sending too much money to our banker, and it just goes up in smoke. Right? We like to refer to it as the interest to income ratio, which is if you take how much income you make,   (Adam Carroll) (15:11.694) and you back out how much of that income is actually going to pay interest expense, it'll probably blow your mind. If someone's got a multi-six figure home or mortgage that they're paying on, and they've got student loans, and maybe they're driving a $50,000 to $100,000 vehicle with a payment attached to it, you're probably burning 50 to 60 grand a year in interest and not really thinking twice about it. So what this does is it starts to claw back some of the money that you're sending to your banker.   Which by the way, they make plenty of money. They don't need your money. That is the most profitable business out there is banking and lending. mean, literally, Seth, if you drive two miles around your property there, how many banks would you be able to stop at, do you think? Ballpark best guess.   Right, half a dozen.   Easily, right? And they're probably $10 million buildings minimum. Out there, they're even more, right? So, so this is the deal. They're profitable business ventures. And what we have to remember sometimes is we are their compound interest vehicle, right? Us making our payment every single month is what makes the banks all the money. And if we can game that system, if even for 12 to 18 months at the very beginning of our debt,   we can strip away a huge chunk of the interest that we would normally be paying them over the course of a decade or more. To your audience, that's how I'd say this is how you find the extra 50 or 100 grand because you do have it and it should be in the equity of your property and easily accessible as a liquidity tool. It just isn't because you haven't challenged the banking system.   (Seth Bradley) (16:57.073) Yeah. Now, is this something you can set up yourself or is this something that you need an expert to kind of walk you through? I'm sure if you could probably do it either way. It's just like anything else. You want to take the shortcut or not. But yeah, I just like to know your thoughts on that.   You're exactly right. I I could build a deck on my house if I wanted to and had three months to learn how to do it. Anybody can learn how to do this. My question to most people when they say, I do this myself? I'll say, yes, why haven't you? And for that, the investment with us is very minimal, mainly what it is is coaching and being able to help people get the logistics right. Because once they get it, it's very simple.   but there requires a little bit of retraining the brain in terms of how to handle your money and where the cash flow goes, because it's so, it's like so ingrained in us to live in the banker's business model, put money in checking, pay your bills, anything leftover goes over here. And if you look at it critically, the two groups that are really making money using the existing platform are bankers,   and any advisors that are accepting your money and then turning around and doing something with it. A friend of mine used to call it the helper class. So when the helper class has your money, they're making a ton of money, probably more than you are. And that's our goal is to begin to start to pull back some of the money from the helper class to keep it for ourselves to build those massive passive permanent streams of income.   Yeah, yeah, that makes sense. We tend to bash a few of those helper class folks. I mean, they're not all created equal, including some financial advisors and folks like that that, you know, they're okay people, but their interests aren't necessarily aligned with yours.   (Adam Carroll) (18:51.576) That's right. I would agree with that. I don't want to villainize them, but I think that personal finance is personal. The challenge that I have with anyone out there who espouses a certain way, mine included, is it has to be for the right kind of audience, the right avatar. From our perspective, the people that we help out are the ones who do want to break free from the W-2. They want to create massive passive permanent streams of income.   Over time, they'd like to build a bigger life, not a bigger lifestyle. So if someone's chronically overspending, got to have the newest of the new every single time, they may not be a perfect fit with our strategy because the goal is to continually increase your income while either keeping your expenses similar or even trending down over time, which is not to say that you can't expand where you're spending. Your income is increasing exponentially relative to your expenses.   we do that through the model that we're teaching people. So, you if you're a new car every six months or 12 months kind of person may not be a perfect fit. But if you're somebody who's like, hey, the debt's kind of oppressive, I want to get rid of it. And I want to build, you know, massive wealth for future generations, then generally speaking, we're a pretty good fit for for those folks.   Yeah, yeah, that makes a lot of sense. And I feel like there's, there's probably, it's probably a math equation, right? Like we can't necessarily do it on this show because it's, everybody's taking it in by audio for the most part. there's gotta be an algorithm and you could probably, you know, set those expense numbers and interest numbers that you're paying on your mortgage and other debts and what you're going to pay on that through the shred method and kind of see the savings and how you can grow that wealth year over year.   You're exactly right. It is super fluid. So if your income changes, your expenses change, we plug all that data in and hit recalculate and the thing automatically adjusts to whatever your expenses are. So one of the things that I would never fault anyone for is taking awesome vacations or buying a new car, whatever your choice is. Again, we're not going to villainize anyone for living their life.   (Adam Carroll) (21:06.67) But what we can do through shred is to say, hey, if you're going to drop 10 grand on a vacation, it's going to change your payoff by a month or two months or six months, depending on your income and discretionary income. And if someone knows that and they're planning on it, at least they're armed with that information as opposed to, gosh, we shouldn't do this, but we did or should we buy this $50,000 card? Does it make sense? Or 80 or 150 or whatever your number is.   We can show you exactly do it, just know this is what it changes in the process.   Yeah, yeah, I like that because you can just show them this is the impact it's going to have on paper before they do it and then you can make a better decision on whether or not you want to do that or not.   Absolutely. And furthermore, and you'll appreciate this, I know you're of this mindset, you'll get to a point where it's like, if you want the new car, then invest the money in a syndication or another property that puts enough money in your pocket, you can go pay for the car. But let your assets pay for your liabilities. And I think that's the main thing that many people, I'm sure your listeners, certainly folks that we engage with.   They don't have a lot of assets. They work hard, they make good money, but that is the sum total of their income, is active income. And our goal is to increase passive income over time where it supersedes your expenses because at that point you're financially free.   (Seth Bradley) (22:36.758) Right, right. What are some of the passive investments that you're involved in or that you recommend to people once they've implemented this system and they're trying to build those passive income streams?   Yeah, there are a number of them and I keep getting introduced to more and more all the time, Seth. I mentioned that, you know, that I was a mediapreneur and that the goal was to work, do the work and then get paid, get paid, get paid, get paid. So I started looking for other passive income streams. I really do love real estate. I've been invested in real estate for a long time. We divested of personally held real estate about four or five years ago. And   You know, I think I was too early to the party, but I thought the market was peaking and I thought I could get the max amount out of my properties. And I think I did at the time. And then we were introduced to syndications and we started really appreciating the fact that you could own a piece of a 350 unit apartment complex in South Carolina or Houston, Texas, or some other growing city and get a couple things, either monthly or quarterly income. You could get bonus depreciation.   And you basically got a K1 at the end of the year, which allows you to claim some of those expenses. And so we love syndications. We try and stack syndications on top of each other. they're coming due. They're selling every three or four or five years. So we'll put an amount of capital in knowing that it's going to turn over in short order. And we'll have another amount of capital to put in. And generally speaking, that capital amount just keeps going up.   So we love syndications. I've been introduced and we haven't pulled the trigger yet, but on ATM tranches where you can buy, have you heard this investment? Yep. So you can buy, you know, an amount of ATM machines where you're basically compensated on whatever the fee revenue on those are. There are many advantages to those. There are some drawbacks to it, but it's again, a passive income stream and one that's fairly consistent.   (Seth Bradley) (24:25.798) yeah, for sure.   (Adam Carroll) (24:44.59) Then I really like intellectual property plays. I will tend to invest in a business that has some IP and it may not cashflow right away, but I know that in two or three years, the IP is probably going to be worth something. It's more of a long-term play for me. I'm not going to put as much in it, but we have a couple of 25 to $50,000 investments in those kinds of deals as well. That, in addition to books and   documentary is still selling and things like that I'll keep doing. For me, the process of creating passive income is kind of a game. And so whatever the next thing is, I'm digging in, I want to learn it. total sidebar, but I'm trying to teach my sons and my daughter, this is the way of the future. It's not about working a nine to five and getting W2 and staying with the company for 30 years, it just doesn't happen anymore. It's about setting up   just perpetual income streams that allow you to live the way you want to live. And that, you know, I think that answers your question, hopefully.   (Seth Bradley) (25:52.174) Pardon the interruption, but we don't do ads. Instead, know that if you're raising capital for real estate, my law firm, RaiseLaw, is here to give you the expert legal guidance you need to raise capital compliantly and structure and close your deal. And if you're looking for a done-for-you fund-to-fund solution, Tribest is the industry's only all-in-one setup and fund administration solution. Visit Raise.Law and Tribest.com to learn more.   Yeah, yeah, that's right. You're preaching to the choir here, man. That's awesome. And you're kind of pretty deep into it. A lot of people will invest in a syndication and it is expensive to get involved, right? I mean, it's 50 grand or so or more to get into one of these things. And they're like, okay, I'm done. But you can't be done. You have to keep saving, keep investing. And you're in it to the point where past investors start really start accumulating wealth because they start stacking.   They start coming due every two, three, four, five years. You put it back in another one and they just compound on each other. And you're really accumulating this tax free if you stack them correctly. So it is an incredible vehicle once you get going. And it does turn into a game. I mean, you can look at your bank account or look at your personal P &L and just see how it's growing over five, 10 years. It's incredible. And you're not doing any work. You're vetting the sponsor, the market and the deal and really just the sponsor once you get really good at it.   and you keep reinvesting with the same sponsors that you like and there's no work involved, no tenants, toilets and trash, none of that.   Yes. Yes. And I think you hit the nail on the head when you find a sponsor you really like and you jive with, it's easy to roll the money over to them because they're constantly looking for the next deal. their reputation, their personality, everything is based on their success. they have a very, very vested interest to make you money. And so I don't think I fully realized when I was younger   (Adam Carroll) (27:50.35) the power of having the ability to write a 50 or $100,000 check. And once you get there and you can do 50 or 100 or get to a point where you can write a $500,000 or a million dollar check, things change drastically because there are syndicators out there that will take a million bucks. They'll pay you $90,000 a year guaranteed on the investment. You'll get bonus depreciation and write-offs and all of that. And you'll have like a...   200 % return on it within four or five years, three, four or five years. That's where you can buy a new car every year or two or three, because you need like a $75,000 or $80,000 write-off to your business. So you need a truck or you need a heavy vehicle,   Yeah, yeah, that's right. I mean, that's a good point. mean, people that have $500,000, a million dollars or more liquid, I mean, you can just look at a simple math and you get an 8 to 10 % return on that in cash flow, just in cash flow. You know, if you're living reasonably, you can live off of that. So, yeah, so you can be, you you don't need $10 million, $20 million to retire off of this if you invest in the right deals.   Totally. Totally.   (Seth Bradley) (29:03.926) and kind of spread it across, diversify in different deals, different sponsors, different geographies, different asset types. You can be retired if you want to. It's closer than people think.   I would agree. We have a theory that nearly everyone and certainly your audience could be free, done, done completely in 10 years or less. Absolutely. We call it a 10-year freedom plan. the challenge, think, Seth, and I would be curious your take on this, but I think the challenge for most people is not necessarily an income problem. It's a liquidity problem. So you make good income, right? And we talked about it. It's the expenses that factors in.   But where the majority of your investments go are probably in qualified funds. They're sitting in 401ks and Roth IRAs. Unless it's self-directed, you can't really access it till you're 59 and a half. And even then it's 59 and a half to 70 and a half, you have free rein access. Otherwise the government's regulating how much you take out without fees or penalties. That's a liquidity problem. And so the shred method takes that into account and starts to build   pockets or buckets of liquidity that you can draw from. The first is your home equity, or it could be equity in a commercial property. And then the next would be building a bank of money that you're borrowing from at some point in time, just another bucket. And the more buckets of money that we create, the more liquidity you have and the more investments you can get into, thereby increasing your passive income. So to your point, you do this well, it's like a video game you can't lose over time.   Yeah, yeah, that's right. And we've been programmed to think if we have a high paying job, we just put as much as we can into a 401k and we're doing the right thing and we're doing everything that we need to do and we're not and then everything that doesn't go into that 401k we're spending. So we're not saving anything else. We're not keeping anything else liquid. And we're just assuming that we're going to be okay because we put this money in the 401k. Well, like you said, you can't access it until you're 60 years old. That's right. Unless you take it out with a major penalty. So   (Seth Bradley) (31:10.062) You know, one way to do that obviously is to roll it over in an SDIRA or self-directed, I'm sorry, 401k, the self-directed, something that you have some control over. And then it does become liquid in the sense that you can at least invest it in things that you want to invest in rather than a financial advisor or just stocks, bonds and mutual funds. And then as you said, there's different ways that you can free up liquidity, a HELOC.   something like that borrow against a life insurance policy we've talked about infinite banking policies things like that there's there's creative ways to do it you just need to be aware of it most people just aren't aware of how to how to do that   Yeah, I think that's what's so valuable about your show too, man, is that we only know what we know. And there's an enormous amount that we don't know we don't know. So when I got introduced to syndications, and I got introduced to the ATM tranches, and I'm looking at these going, you know, there is risk, there's risk in everything. But the risk is so mitigated. And you don't realize that if you're writing $100,000 check, and they're saying, yeah, we're going to pay you 9 % guaranteed.   And these are some syndicators will promise an interest rate based on what class of investor you are, A, B, C, D, whatever it may be. But when I looked at that and I go, if I'm striving to get eight to 10 % in the S &P 500, and I have zero control over that, where would I rather be placing my money? That was something I didn't know I didn't know. And it's always fascinating to me to begin sharing this with people because   When I share the shred method, a lot of folks go, not too good to be true. If it's so good, why isn't everybody doing it? And what I'll tell them is because of human behavior and because the bank's lobbies and their marketing engine is so powerful. But it's not magic, it's math. We're taking mathematical principles, risk-based principles and applying it to real estate or finance and figuring out how to make an amount of money that will supersede what you're.   (Adam Carroll) (33:13.782) your W2 job is pretty simple. That's right. Yeah.   Yeah, pretty simple. It's math. Just got to get it down on paper, right? Yeah. All right. Let's switch gears a little bit. I want to quickly get into, you know, this concept that you preach about building a bigger life at work because I think that's, you know, inspiring and that sort of thing and really life in general, right? Tell us about that concept and kind of dive in a little bit.   Yeah.   (Adam Carroll) (33:37.964) Yeah, you know, this started, it would actually started from a conversation I had with a recent college graduate, and they had gotten an advanced degree, they were going into a high paying job. And I think they'd been at it for maybe nine months or so. And we were having coffee and this person said to me, I'm just not satisfied. And I said, Well, what what is it you're not satisfied with? And they said, Well, the issue is that I thought at this point in time after graduating, he'd be traveling the globe.   You know, that was what he had always romanticized was just tons of travel and do whatever he wanted to do. And I said, well, what's keeping you from that? And he goes, well, you know, I just got into this long-term lease apartment. go, okay. And he said, and I bought a bunch of furniture that I financed. And, and then it's like, okay. He goes, I have a couple of gym memberships, not one, two gym memberships, you know, each probably 80 to 120 bucks a piece a month had a car payment because he needed a fancy car. And I said,   Dude, it sounds to me like you're building a bigger lifestyle, not a bigger life. And what you're asking for is a bigger life. And that became almost a deep dive search for me on what would building a bigger life mean for me and my family. And what I did, Seth, was I started digging into what are my core values? How can I live according to those core values, not according to my neighbor's core values, you who may be drastically different than mine? And...   I ended up writing a book called The Build a Bigger Life Manifesto, which breaks down how do you do this step by step. And there are 10 core tenets. And the first one is you got to build on a strong values foundation, like understanding what is it truly you value in life. And if you're doing more of that, then your life should be fulfilling. And mine are family, freedom, love, growth, and connection. And if I'm fulfilling those five buckets on a weekly basis, generally speaking, I'm really fulfilled.   And so the second is have a bigger vision and a bigger vision for your life might mean I'm not going to stay in this job for the next 20 years and hopefully make partner. then hopefully, because we all know that as you get promoted in a W-2 job, it doesn't mean you work less. It means you work more. And so my bigger vision was I want to make my vocation, my vacation. I'm going to speak, but I'm going to speak in cool places that I can take my family to. People are going to pay me really well to do it.   (Adam Carroll) (36:03.368) and I'm going to do it X number of times a year. And then I started asking, and this is the third step, asking bigger questions. And bigger questions look like, okay, so if I wanted to do that, how would I get better at speaking? How would I get so good that people will pay me 10 or 15 or 20 grand to go do what I do for an hour? What would that look like? I started asking not how would I pay my house off early? How would I pay my house off by the end of this year?   And when I asked that question, answers started coming and we were able to do it. So this is kind of the layout of how we walk people through this process. And for me, a bigger life today is just that, you know, I live for my family. I want to travel with them. I want to have tons of fun with them while they're still in the house. I have two teenagers and one in college. And soon, you know, eventually they'll be gone and it'll be my wife and I going and living the life that we most want.   Our lifestyle right now is pretty locked in. We have a beautiful home, we drive nice cars, but everything's paid for. And at this point, the goal is just to continually create massive passive permanent streams of income that afford us the ability to be generous, to live the life we want. And ultimately for me to be able to go share that message with other people.   And something so simple that you did there, it's just, you know, ask yourself what's important. A lot of us don't take the time to think about why we're upset, why are we not happy. And a lot of it comes down to not filling those buckets that are important to us on a regular basis. to be able to figure that out, you've got to take a few moments to think deeply about what it is that's important to you.   100%. And I'll give you a great example, Seth. One guy that we worked with, he realized that one of his core values that was not being fulfilled was adventure. So he loved his job and he goes, I don't know what it is, I'm just dissatisfied. And we went through the values assessment and adventure was on there. I go, well, where are you getting adventure? And he said, you know, that's the problem. I'm not, I haven't had an adventure in two years. I said, so maybe in building your life,   (Adam Carroll) (38:21.538) we need to figure out where are you carving out adventure for yourself or your family to make sure that you're doing it. For him, community was a big part of it. And he was getting some of that in his day-to-day client interactions. But what he really wanted was to build a community of friends that would go do stuff together. And I said, that's on you, man. If you really want that as part of your life, you got to build whatever that looks like.   And what if you combine that and adventure? So you get a whole group of adventure seekers that get together three times a year to go skiing in Aspen or, you know, go skydiving on a weekend or whatever it is. What would that look like to do that? And he lit up and you know, I could do this right now. So to your point, I think we're all very, very close to having a fulfilled life and building a bigger life. But you do have to take time to figure out what does that look like for you.   For sure, for sure. And a lot of the folks listening are attorneys and doctors and they tend to have high suicide rates, all these crazy things, substance abuse. people from the outside looking in think, why? Because you're making all this money. You have this high profession that everybody looks up to and you're not unhappy. And that's why, because those folks...   folks like us, we're just really focused on just that occupation. And that's it. And we don't focus on some of the other things that would fulfill us and make us happy. tons of attorneys I talk to try to get, they're like, how do I start investing as quickly as possible? Make as much money as quickly as possible so I can get out of this job because I hate being an attorney or I hate being a dentist or whatever it is. But really, that might not be the issue. The issue is that you're not filling up those buckets outside of your   career. And if you were to start filling those buckets, start paying more attention to those things, you might not be as unhappy in your career. And you might actually find that you enjoy what you're doing because you're good at it. You worked really hard to get there and you're making a good bit of money doing it.   (Adam Carroll) (40:22.06) No doubt, no doubt. I would add to that, that I think the majority of professions that you just listed, dentists, doctors, lawyers, et cetera, what they really want is they want to maintain professional status, do what they do, they've gone to school, they've learned how to do it. But over time, they want to work less and less, not more and more. And if you're doing what you recommend on the show, and if you're leveraging something like the shred method to create it, you can get to a point where   half or more of your income, ideally all of it, is replaced by passive income. But it requires that you get really focused on working for the right reasons and not filling in the lack of fulfillment or unhappiness with a new car or the next do-dad or spending a fortune on something. Instead, decide, I'm going to go get into an investment this year that will begin the process of creating passive income for me to start building the life that I truly want.   And it is, it's pretty transformational once you figure out how to do it and what the next steps are.   Yeah, it's like the matrix. mean, you start kind of, as soon as you start, it becomes a game, how you said it earlier in the show, and you just start seeing things that you didn't see before. You start being presented with new types of investments and businesses that you can invest in that you never saw before, but they were right under your nose. It does turn into a fun game, a money game.   Yeah, no question. I was at a conference not too long ago and they were calling me Morpheus because I made a reference to the red pill or the blue pill. And they were like, dude, you're Morpheus. I just took the red pill. Now I'm going down the rabbit hole. So beware. Are you ready to take the red pill?   (Seth Bradley) (42:08.374) Love that, love that. All right Adam, before we jump into the freedom four, what's one last golden nugget for our listeners?   A golden nugget for your listeners is that money today is abstract. It's not a concrete thing. Several decades ago, you would be given cash or you'd pay for things in cash. And today, virtually everything is a cashless transaction. And when we're not using cash, it doesn't feel real. If we're using Apple Pay or we're swiping our card or tapping our card,   It doesn't feel real. In fact, there's no pain sensor that triggers when you do that. The opposite is true on Amazon. When you hit one click ship for $47, a pleasure sensor actually is activated because you're in anticipation of that thing coming to you. So we also have to realize that the more money you make, it feels like, well, the more you have to spend. But because money doesn't feel real, you're spending way more than you think you are.   because of the abstract nature of it. So some of that is like reigning back in and understanding these are real dollars that you're putting on a card or swiping on your phone or whatever it may be and deciding is this the best intentional use of this money or could I be using it to build the life that I truly want? And I will add to that Seth that it's very short. There's a short amount of time that it requires you to function just a little bit differently.   order to get there where all the passive income covers your wants. So just like intentionality for the next 12 to 24 months will make a massive difference in your life.   (Seth Bradley) (43:48.502) Yeah, that's all it takes. All right, let's jump into the freedom four. What's the best thing you do to keep your mind and body healthy?   I am part of an exercise group called F3 and it stands for fitness fellowship and faith. There's like 75,000 guys all over the world that do this every morning. And we get up, you know, rain, sun, sleet or hail. I mean, we were working out in like eight degree Fahrenheit weather this winter outside. It's always outside. And I love it. I do it four or five, sometimes six mornings a week. But for me, just getting up the first hour of my day will   will dictate what the rest of my day does. And so my F3 brothers and I, that's the right way for me to get started.   awesome. With all your success what is one limiting belief that you've crushed along the way and how did you get past it?   you know, this is, this is going to sound a bit like an oxymoron statement, but a limiting belief is that, man, there's so much opportunity. And for me, I'm a bright, shiny object guy. for years, my wife was like, just pick one opportunity, please just pick one. And so for me, it's, you know, it's the fact that there is so much I can do limits me because you can really get very, very good at one thing.   (Adam Carroll) (45:08.078) But I'm a big fan of James Clear and the book Atomic Habits. And he'll say that it's hard to get traction when your focus is divided. And so I've been really intentional about zeroing in on my focus and knowing that this is what I'm setting out to do. And it may be for 12 months or 24 months or five years. And I'll reevaluate along the way. But I've got one thing and I'm really focused on that. So that's been a limiting belief I've had to get over.   Awesome. Awesome. What's one actionable step our listeners can do right now to start creating more freedom?   Well, go to the shredmethod.com not to do a self plug, it is. Go watch the masterclass, see what we do and how we do it. If you are already intrigued by this and are wondering like, what should I do with a HELOC or should I have a HELOC? My answer to everyone is everyone should have a HELOC, everyone. If you have equity in your home, why do you not have a line of credit? If for nothing else to have that is an emergency.   of some kind. So point blank, the first thing you ought to do is go access a line of credit, be it a home equity line, a personal line of credit, a P lock, or a B lock, a business line of credit. can also do a cash value line of credit. But I think you got to have one of those because when you understand this method, this process, that's a linchpin to making this work.   Great. How is passive income made your life better?   (Adam Carroll) (46:42.698) you know, I like to call it mailbox money and, man, love mailbox money. When it shows up, I celebrate and I've, I've had a mantra for years that I'm a money magnet, that money comes easily and frequently, that I get more checks in the mail than I do bills. And I just repeat those mantras over and over again. So every time I set up another form of passive income, man, it's just like a win.   that you feel deep down inside. And it doesn't matter, Seth, if it's 50 bucks or 15 bucks or five bucks or 5,000, right? Total sidebar, real quick story, but I was sitting with a buddy of mine at a conference and he kept showing me his phone and he was clearly showing off. But every time he'd pop up his phone, was like another sale was made. And it'd be like $27, $170, $300. And I go...   Dude, how are you doing this?" And he said, I set up these funnels and it's just a little digital product I created and we're doing ads and we're putting all the people towards these ads. And I said, so how many of those do get a month? He goes, I don't somewhere between $9,000 and $10,000 a month is coming in. And I remember feeling giddy for him and giddy about the idea that this could be possible, that you could just do whatever you want to do every day. Go fishing, go surfing, be on a sailboat somewhere and pull up your phone and be like, well, this is cool. just made...   $800. So for me, we have started to build that into what we're doing. I now get alerts on my Apple Watch. It's a Slackbot. So every time a sale is made, it pops up. we went to Mexico over spring break and the vendors on the Mexican beaches, they bless themselves every time they make a sale. And so now when a sale pops up on my Slackbot,   I'm like, all right, I made a sale. This is awesome. So how has it changed my life? I'm more grateful. I sleep well at night. I have peace of mind. And I know that, you know, future generations are going to be taken care of by the wealth that my wife and I are creating.   (Seth Bradley) (48:45.29) I love it, All right, Adam, this has been incredible. We're going to let listeners find out more about you.   Well, you can find out more about me personally at adamcarroll.info. It's two R's, two L's, adamcarroll.info. And again, if you want to check out the Shred Method, we have lots of free resources. So you can go and do a ton of research. We have a savings analysis there that you can plug in your numbers and see how much you could save and how quickly you could be out of debt. All of that is available at theshredmethod.com.   All right, brother. Appreciate your time. Thanks again for coming on the show and we'll to have you on again soon.   Love it, Seth. Keep doing what you do, man. This is super important stuff.   Alright brother, talk soon.   (Seth Bradley) (49:28.578) Thanks for tuning in to Raise the Bar Radio. If you enjoyed today's episode, make sure to subscribe, leave a review, and share it with someone who needs to hear it. Keep pushing, keep building, and keep raising the bar. Until next time, enjoy the journey. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Adam Carroll's Links: https://www.threads.com/@adam.carroll/ https://www.instagram.com/adam.carroll/ https://www.linkedin.com/in/adamcarrollspeaks/ https://www.facebook.com/AdamSpeaks/ https://x.com/adamcarroll https://open.spotify.com/show/1fPEUnWdnbcOcbYdksY1Yi https://www.youtube.com/channel/UCJREGkPP6UwMucJMPvDS8xg

#389 In this final episode of our three-part series with financial expert Adam Carroll, we're exploring innovative strategies for achieving financial freedom. Carroll introduces us to his groundbreaking "SHRED method," a system designed to accelerate the payoff of mortgages and high-interest debt using bank systems and home equity lines of credit (HELOC) effectively. He stresses the importance of understanding the energetics and psychology of money, alongside prudent expense management and strategic reduction of major lifetime costs like taxes and debt interest. Throughout the discussion, Carroll shares invaluable tips for wealth creation, tax minimization, and real estate investment. He emphasizes the need for disciplined spending, consistent income, and a willingness to adopt a fresh perspective on money management to succeed with the shred method. Additionally, Carroll dives into the FIRE movement (Financially Independent, Retire Early), offering guidance for individuals at different stages of their financial journey. He highlights the potential to leverage current assets and income to significantly enhance long-term financial stability and freedom. Join us as we conclude this series with a wealth of insights and practical advice for mastering your finances and building a path to lasting prosperity and freedom. (Original Air Date - 4/19/24) What we discuss with Adam: + Diving Deep into Debt, Mortgages, and the Shred Method + The Real Cost of Debt and How to Minimize It + Exploring the Shred Method: A Revolutionary Approach to Debt + Understanding the HELOC Strategy and Its Impact + Exploring Underutilized Financial Strategies + Navigating Estate Settlement and Early Retirement + The Shred Method: A Game-Changer in Debt Management + Embracing the FIRE Movement for Financial Independence + Strategies for a Comfortable Retirement + The Power of the Shred Method in Real-Life Scenarios + Final Thoughts on Financial Health and Wealth Building + Reflecting on the Journey and Future Possibilities Tune in for more with Adam in Parts 1 and 2 of this series! Links and resources from this episode: ⁠The Shred Method⁠ Use code: "MU" at checkout to save $300! Thank you, Adam! Thank you Adam for a value packed episode and for sponsoring the show! Check out ⁠Adam's Full TedX Talk⁠, and if you'd like to connect with him on Linkedin click ⁠here.⁠ For more information go to⁠⁠⁠⁠ MillionaireUniversity.com⁠⁠⁠⁠ To get access to our FREE Business Training course go to ⁠⁠⁠⁠MillionaireUniversity.com/training.⁠⁠⁠⁠ And follow us on: ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ ⁠⁠⁠⁠Facebook⁠⁠⁠⁠ ⁠⁠⁠⁠Tik Tok⁠⁠⁠⁠ ⁠⁠⁠⁠Youtube⁠⁠⁠⁠ ⁠⁠⁠⁠Twitter⁠⁠⁠⁠ To get exclusive offers mentioned in this episode and to support the show, visit ⁠⁠⁠⁠millionaireuniversity.com/sponsors⁠⁠⁠⁠. EXCLUSIVE NordVPN Deal ➼ ⁠⁠⁠⁠https://nordvpn.com/millionaire⁠⁠⁠⁠. Try it risk-free now with a 30-day money-back guarantee! Want to hear from more incredible entrepreneurs? Check out all of our interviews ⁠⁠⁠⁠here⁠⁠⁠⁠! Learn more about your ad choices. Visit megaphone.fm/adchoices

Exploring the Canadian real estate market offers a fascinating opportunity for investors seeking diversification and stability. This episode dives deep into the complexities and advantages of investing in Canada, particularly for American investors. Host Terry Schauer emphasizes that international investing is an advanced strategy, laden with unique challenges such as tax implications and regulatory differences. However, the allure of diversifying one's portfolio and navigating the varying cycles of national economies can be compelling.With Canada experiencing a different phase in its real estate cycle compared to the U.S., along with a current interest rate easing cycle, the conditions for investment are ripe. Schauer elaborates on the role of the Canadian Mortgage and Housing Corporation (CMHC) and how it influences market dynamics, particularly in urban centers where housing demand is surging due to immigration. The discussion also touches upon the foreign buyer's ban imposed in 2023, which, while challenging for some, presents unique opportunities for savvy investors willing to adapt their strategies. Schauer concludes that understanding these nuances is crucial for anyone considering entering the Canadian real estate market.REWBCON 20% OFF CODE: MPIPODCAST https://rewbcon.com Join the Shred Method and Cut 15 years off your mortgage: https://masterpassiveincome.com/shredGet the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacallFollow Dustin Heiner on Instagram: https://instagram.com/thedustinheinerCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

In this impactful episode of the Smart Real Estate Coach Podcast, we welcome Adam Carroll, a financial literacy advocate and the creator of the Shred Method back to the show. Adam shares his expertise on reshaping financial habits, building wealth, and achieving debt freedom through a systematic cash flow approach. We discuss the pitfalls of traditional money management, the importance of rethinking your relationship with debt, and how the Shred Method can save you tens of thousands of dollars in interest.    This episode is packed with real-world success stories and actionable insights, so it's a must-listen if you're ready to take control of your finances and build lasting wealth.   Key Talking Points of the Episode   00:00 Introduction 02:29 What is the Shred Method? 03:40 Shocking statistics: Over 60% of Americans spend more than they earn 05:06 Unlearning old financial habits to build newer, healthier ones 07:03 The core principles of the Shred Method 13:50 How the Shred Method can change your life 19:41 Strategies to accelerate mortgage payoffs and minimize interest expenses 23:30 How to prepare yourself for the new year financially 25:27 How HELOCs can help with finances regardless of interest rates 27:40 The Savings Analysis Tool 29:30 How to plan your finances for the next 10 years 31:53 What you should focus on this year   Quotables   “It's not about earning more; it's about keeping and growing what you already have.”   “Mindset is the foundation of your financial success—it dictates every decision you make with money.”   “Debt freedom isn't just possible; it's achievable with the right system and discipline.”   Links   Ep 418 - Living Free Through Income Efficiency, with Adam Carroll https://smartrealestatecoach.com/podcasts/adam-carroll-3/   Ep 287 - Money Beliefs, with Adam Carroll https://smartrealestatecoach.com/podcasts/adam-carroll-2/   Savings Analysis Tool https://smartrealestatecoach.com/shred Real Estate On Your Terms and Deal Structure Overtime https://wickedsmartbooks.com/podcast   FREE Master's Class https://wickedsmartacademy.com/mastersclass   FREE Strategy Session with Chris Pre https://smartrealestatecoach.com/chrisprecall   FREE Workshop https://smartrealestatecoach.com/pcws   QLS Homestudy Course https://wickedsmartacademy.com/course/qls-homestudy-4   Investor Resources https://smartrealestatecoach.com/resources   3 Paydays Apprentice https://smartrealestatecoach.com/apprentice-pod   In the Trenches Bootcamp https://smartrealestatecoach.com/ittb-pod   REI Blackbook https://smartrealestatecoach.com/REIBB-DD

Dustin Heiner interviews John Plushet, a successful member of the Master Passive Income Tribe, who shares his journey into real estate investing. John recently purchased two rental properties, including one at a remarkable $130,000, which allowed him to capture $80,000 in equity. He emphasizes the importance of networking and openly discussing real estate to uncover investment opportunities, as his latest deal came from a family connection. Throughout the conversation, they explore strategies like the SHRED method for debt reduction and the benefits of attending events like the Real Estate Wealth Builders Conference (REWBCON) for education and motivation. John's insights serve as a reminder that with the right mindset and community support, anyone can achieve success in real estate investing.REWBCON 20% OFF CODE: MPIPODCAST https://rewbcon.com Join the Shred Method and Cut 15 years off your mortgage: https://masterpassiveincome.com/shredGet the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacallFollow Dustin Heiner on Instagram: https://instagram.com/thedustinheinerCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexDustin Heiner, the host of the Master Passive Income Podcast, dives into the world of real estate investing with John Plushet, a member of the Master Passive Income Tribe. In this engaging conversation, John shares his inspiring journey from being a civil engineer in New Orleans to successfully purchasing multiple investment properties in Alabama and Louisiana. The discussion highlights how John overcame the challenges of analysis paralysis and learned to take decisive action by leveraging the resources available through the Master Passive Income course. He emphasizes the importance of understanding cash flow and the mindset shift that comes from surrounding oneself with like-minded investors. The episode not only covers John's strategies for finding lucrative deals but also underscores the significance of networking and sharing one's journey as a real estate investor to unlock new opportunities.As the conversation unfolds, Dustin and John delve deeper into the specifics of John's real estate investments, including his first property in Birmingham, Alabama, where he achieved a remarkable cash flow of $260 per month. John describes the meticulous approach he took to ensure he met the cash flow criteria set forth in the Master Passive Income curriculum, as well as the supportive role of a great property manager in his success. The dialogue then transitions to John's second property in New Orleans, which he acquired through a family connection and managed to...

Learn how you can pay off your mortgage in as little as three years with the innovative SHRED method in this enlightening podcast episode. Host Dustin Heiner shares his personal investing journey and recent successes, including buying an Airbnb and a large apartment complex. Joined by guest Adam Carroll, they delve into the details of the SHRED method, which leverages a home equity line of credit to drastically reduce mortgage interest payments and overall loan duration. Discover how this approach not only speeds up mortgage payoff but also transforms your home equity into a powerful financial tool for future investments. Tune in to gain valuable insights that could change your financial landscape and help you achieve greater financial freedom.Get $200 OFF the Shred Method: https://masterpassiveincome.com/shred5 Ways to Pay Off Your Mortgage Faster: https://www.instagram.com/reel/DCHTctDOoR-Invest with Dustin and MPI: https://masterpassiveincome.com/investREWBCON 20% OFF CODE: MPIPODCAST: https://rewbcon.com Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacallCheck out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network//BEST REAL ESTATE INVESTING RESOURCE LINKSStart your LLC for only $29! https://masterpassiveincome.com/formanllcGreat High Interest Savings Account: https://masterpassiveincome.com/citGet your business bank account here: https://masterpassiveincome.com/baselaneGet your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amexNOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!Takeaways:Dustin Heiner discusses strategies to pay off your mortgage in as little as three years.Using the SHRED method can help you manage debt and reduce mortgage payments effectively.The importance of maintaining a disciplined approach to finances when using a HELOC.Investing in real estate and using creative financing methods can lead to financial freedom.Understanding interest rates and how they affect mortgage payments is crucial for investors.Adam Carroll emphasizes the significance of leveraging home equity to accelerate mortgage payoff.Dustin Heiner shares valuable insights on achieving financial freedom through real estate investment, focusing on a unique strategy to pay off mortgages faster. He emphasizes the importance of taking action in real estate, sharing his personal excitement about recent investments, including a single-family Airbnb in Tennessee and a 355-unit apartment complex. Heiner discusses the current housing market dynamics, highlighting the impact of interest rates on property prices and how many homeowners are nostalgic about previous...

In this insightful episode, we sit down with Adam Carroll, an internationally recognized financial literacy expert and TEDx speaker with over 6.1 million views. Adam shares his journey from being a debt statistic to becoming a financial freedom advocate. We explore the importance of financial education, the impact of student loans, and his revolutionary Shred Method for minimizing debt and maximizing wealth. Adam also discusses his documentary "Broke, Busted & Disgusted" and the real-life lessons behind his TEDx talk, "When Money Isn't Real." Tune in to discover strategies that can transform your financial future. To check out Adam's TEDx talk, viewed over 6.1 million times, visit: https://youtu.be/_VB39Jo8mAQ?si=DOqJXevOUIjVzx7Q Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/support Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow our Blog: https://www.drchrisloomdphd.com/blog Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: ⁠https://financial-freedom-for-physicians.ck.page/b4622e816d⁠ Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/christopher-loo/support

My guest in this episode is Adam Carroll. Adam 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™. Interview Links: The Shred Method https://www.theshredmethod.com/. Subscribe To Our Weekly Newsletter: The Wealth Dojo: https://subscribe.wealthdojo.ai/ Download all the Niches Trilogy Books: The 21 Best Cashflow Niches Digital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-best-cashflow-niches⁠ The 21 Most Unique Cashflow Niches Digital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-most-unique-niches⁠ The 21 Best Cash Growth Niches Digital: ⁠https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-cash-growth-niches Listen To Cashflow Ninja Podcasts: Cashflow Ninja ⁠https://podcasters.spotify.com/pod/show/cashflowninja⁠ Cashflow Investing Secrets ⁠https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets⁠ Cashflow Ninja Banking ⁠https://podcasters.spotify.com/pod/show/cashflow-ninja-banking⁠ Connect With Us: Website: http://cashflowninja.com Podcast: http://resetinvestingsecrets.com Podcast: http://cashflowinvestingsecrets.com Podcast: http://cashflowninjabanking.com Substack: https://mclaubscher.substack.com/ Amazon Audible: https://a.co/d/1xfM1Vx Amazon Audible: https://a.co/d/aGzudX0 Facebook: https://www.facebook.com/cashflowninja/ Twitter: https://twitter.com/mclaubscher Instagram: https://www.instagram.com/thecashflowninja/ TikTok: https://www.tiktok.com/@cashflowninja Linkedin: https://www.linkedin.com/in/mclaubscher/ Gab: https://gab.com/cashflowninja Youtube: http://www.youtube.com/c/Cashflowninja Rumble: https://rumble.com/c/c-329875

In this episode, we continue our deep dive into The Shred Method with expert Adam Carroll. In Part 2, we explore advanced strategies, real-life success stories, and how to overcome common obstacles when implementing The Shred Method. Learn how to maximize your debt reduction, optimize your financial plan, and achieve lasting financial freedom. If you're ready to take your understanding of The Shred Method to the next level and make significant strides towards a debt-free life, this episode is a must-listen! Tune in for actionable advice and inspiring insights to help you shred your debt for good.

In this episode, we dive into Part 1 of our exploration of The Shred Method with expert Adam Carroll. Learn how this innovative approach can help you pay down debt faster, save on interest, and achieve financial freedom. We cover the foundational principles of The Shred Method, its benefits, and actionable steps you can take to start implementing it today. Whether you're dealing with student loans, mortgages, or credit card debt, this episode offers valuable insights to help you take control of your financial future. Don't miss out on these essential strategies for shredding your debt!

In this podcast episode, T.J. hosts financial expert Adam Carroll, who shares his journey from college debt to financial responsibility. Adam introduces the "shred method," a technique using home equity lines of credit to reduce interest expenses on debts like mortgages and student loans. He explains how this method can save money and increase financial security, even with low-interest rates. The discussion covers the benefits of 30-year fixed mortgages, conscious spending, and the potential of cash value life insurance policies. Adam also touches on infinite banking and the FIRE movement, offering practical tips for managing money and achieving financial independence. Learn More About The Shred Method Adam's LinkdenIn Profile

Adam Carroll has spent the past decade studying human behavior, particularly as it relates to personal leadership and personal finance. He is an internationally recognized financial literacy expert and leadership workshop facilitator. Adam is the Author of four Amazon best-sellers, a two time TED talk speaker with nearly 6 million views on YouTube, and the creator of Broke, Busted & Disgusted, a documentary that aired on CNBC. He is the Founder of The Shred Method, a cash flow management tool that is creating freedom for families everywhere. In this episode of The Progressive Agency Podcast, Adam Carroll is helping us shred our debt while keeping more of our hard-earned money. Adam shares his method for how business owners can pay down debt and retain wealth outside their business by using the Shred Method. He explains how this strategy can save you tens or even hundreds of thousands of dollars in interest, regardless of your current mortgage rate. To sweeten the deal, this method isn't just for mortgages. Business owners can use this method for any type of debt they want to pay down faster.  If you're a business owner looking to minimize your debt, save on interest, and build wealth outside your business, this episode is a must-listen. What you will learn in this episode: Saving up to hundreds of thousands of dollars with Adam's debt-saving strategies How this helps business owners be in a better position to sell their business Why your money should always be in motion How The Shred Method works Who should use this debt payoff method How business owners can get started today Resources: Website: TheShredMethod.com LinkedIn: https://www.linkedin.com/in/adamcarrollspeaks/ Twitter: www.twitter.com/AdamCarroll Instagram: https://www.instagram.com/the.shredmethod/ Sign up for the free The Shred Method Masterclass: https://www.theshredmethod.com/masterclass Book a discovery call to learn more: https://calendly.com/theshredmethoddiscoverycall/discovery-the-shred-method-45-minute-call?month=2023-02&_gl=1*1yzkm26*_ga*Mjk0NjM4MjE2LjE3MTc0MzMxMTU.*_ga_30KFHQFS2B*MTcxNzQzMzExNC4xLjEuMTcxNzQzNDA4Ni4xNi4wLjA. Savings Calculator: https://www.theshredmethod.com/savingsanalysis

Debt-Free Dreams: Mastering the SHRED Method for Financial Freedom with Adam Carroll - Part 3 of 3 In this final episode of our three-part series with financial expert Adam Carroll, we're exploring innovative strategies for achieving financial freedom. Carroll introduces us to his groundbreaking "SHRED method," a system designed to accelerate the payoff of mortgages and high-interest debt using bank systems and home equity lines of credit (HELOC) effectively. He stresses the importance of understanding the energetics and psychology of money, alongside prudent expense management and strategic reduction of major lifetime costs like taxes and debt interest. Throughout the discussion, Carroll shares invaluable tips for wealth creation, tax minimization, and real estate investment. He emphasizes the need for disciplined spending, consistent income, and a willingness to adopt a fresh perspective on money management to succeed with the shred method. Additionally, Carroll dives into the FIRE movement (Financially Independent, Retire Early), offering guidance for individuals at different stages of their financial journey. He highlights the potential to leverage current assets and income to significantly enhance long-term financial stability and freedom. Join us as we conclude this series with a wealth of insights and practical advice for mastering your finances and building a path to lasting prosperity and freedom.   What we discuss with Adam: + Diving Deep into Debt, Mortgages, and the Shred Method + The Real Cost of Debt and How to Minimize It + Exploring the Shred Method: A Revolutionary Approach to Debt + Understanding the HELOC Strategy and Its Impact + Exploring Underutilized Financial Strategies + Navigating Estate Settlement and Early Retirement + The Shred Method: A Game-Changer in Debt Management + Embracing the FIRE Movement for Financial Independence + Strategies for a Comfortable Retirement + The Power of the Shred Method in Real-Life Scenarios + Final Thoughts on Financial Health and Wealth Building + Reflecting on the Journey and Future Possibilities   Tune in for more with Adam in Parts 1 and 2 of this series!   Resources from this Episode: The Shred Method   Thank you Adam! To connect with Adam, click here.   Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training.   If you enjoyed this episode with Adam, let us know by clicking on any of the links below to send him a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!   And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.

Debt-Free Dreams: Mastering the SHRED Method for Financial Freedom with Adam Carroll - Part 3 of 3 In this final episode of our three-part series with financial expert Adam Carroll, we're exploring innovative strategies for achieving financial freedom. Carroll introduces us to his groundbreaking "SHRED method," a system designed to accelerate the payoff of mortgages and high-interest debt using bank systems and home equity lines of credit (HELOC) effectively. He stresses the importance of understanding the energetics and psychology of money, alongside prudent expense management and strategic reduction of major lifetime costs like taxes and debt interest. Throughout the discussion, Carroll shares invaluable tips for wealth creation, tax minimization, and real estate investment. He emphasizes the need for disciplined spending, consistent income, and a willingness to adopt a fresh perspective on money management to succeed with the shred method. Additionally, Carroll dives into the FIRE movement (Financially Independent, Retire Early), offering guidance for individuals at different stages of their financial journey. He highlights the potential to leverage current assets and income to significantly enhance long-term financial stability and freedom. Join us as we conclude this series with a wealth of insights and practical advice for mastering your finances and building a path to lasting prosperity and freedom. What we discuss with Adam: + Diving Deep into Debt, Mortgages, and the Shred Method + The Real Cost of Debt and How to Minimize It + Exploring the Shred Method: A Revolutionary Approach to Debt + Understanding the HELOC Strategy and Its Impact + Exploring Underutilized Financial Strategies + Navigating Estate Settlement and Early Retirement + The Shred Method: A Game-Changer in Debt Management + Embracing the FIRE Movement for Financial Independence + Strategies for a Comfortable Retirement + The Power of the Shred Method in Real-Life Scenarios + Final Thoughts on Financial Health and Wealth Building + Reflecting on the Journey and Future Possibilities Tune in for more with Adam in Parts 1 and 2 of this series! Resources from this Episode: The Shred Method Use code: "MU" at checkout to save $300! Thank you Adam! To connect with Adam, click here. Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training. If you enjoyed this episode with Adam, let us know by clicking on any of the links below to send him a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you! And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

“If you want to change your life change the questions you're asking.” -Adam Carroll In this episode of the Deep Wealth Podcast, Adam Carroll, a finance literacy expert and founder of The Shred Method, discusses strategies for achieving financial freedom and managing personal finances efficiently. Carroll shares insights from his own journey from debt-ridden graduate to financially free and outlines how his Shred Method helps individuals and families break free from debt and build wealth. The episode also touches on the impact of social media on spending habits, the difference between calculated risk and risky financial decisions, and the importance of mastering money management and public speaking skills. 03:25 Adam Carroll's Personal Financial Transformation12:16 Introducing the Shred Method: A Game Changer for Financial Freedom21:30 The Power of Technology and Mindset in Financial Management28:09 Childhood Programming and Its Impact on Adult Spending29:43 Creating Generational Wealth: Small Changes, Big Impact31:56 The Shred Method: A Behavior Modification Tool for Financial Health36:58 The Magic Penny: A Lesson in Compound Interest41:17 Achieving Financial Clarity and Peace of Mind with ShredClick here to subscribe to The Deep Wealth Podcast to save time and effort.SELECTED LINKS FOR THIS EPISODEThe Shred MethodAdam Caroll Books in AmazonLearn More About Deep Wealth MasteryFREE Deep Wealth eBook on Why You Suck At Selling Your Business And What You Can Do About It (Today)Book Your FREE Deep Wealth Strategy CallResources To Have You Thrive And ProsperLooking to unlock your path to wealth and success? The Deep Wealth Podcast is your go-to source to extract your deepest wealth in business and life. Picture yourself mastering the foundational strategies that led our founders to a 9-figure exit. Ready to grow your profits, boost the value of your business, and optimize your life post-exit? Shoot us a quick email at insights[at]deepwealth.com with "Deep Wealth" in the subject line for more info. Click the links below to explore the resources, gear, and books that have paved the way for our guests and the high-achieving Deep Wealth team to reach remarkable success. Looking forward to helping you unlock the riches and success you deserve! https://www.deepwealth.com/thriveContact Deep Wealth: Client testimonials The Deep Wealth Strategy Map LinkedIn Instagram Subscribe to The Deep Wealth Podcast Help us pay it forward by leaving a review.May you continue to thrive and prosper while remaining healthy and safe!

Debt is one of the biggest challenges facing many people today. It can limit your choices, reduce your savings, and stress you out. But what if there was a way to get rid of your debt faster and easier than you ever thought possible? This week, Greg DuPont is joined by Adam Carroll, Professional Speaker … Continue reading The Shred Method: A Revolutionary Way to Achieve Debt Freedom with Adam Carroll (Ep. 46) →

Do you know the actual cost of long-term debts like mortgages and student loans? Linzy's guest Adam Carroll works with college students to teach financial literacy skills, and he works with people in all life stages to help them reconsider how to view and manage long-term debts.Adam shares that these long-term debts, such as mortgages, ongoing credit card debt, and student loans, can be handled in a drastically different way that can free up tremendous amounts of money by paying off the debt quickly. Adam illuminates the way that debt can prevent financial freedom, and he talks with Linzy about how managing those long-term debts differently can profoundly change people's lives. Adam teaches this approach within the program he founded called The Shred Method. For a full transcript of the episode and much more, check out the blog post on our website! To watch a video version of this, check it out on YouTube: https://youtu.be/dXDUe5vPz2gConnect with AdamLearn more about Adam Carroll on his different platforms:www.AdamCarroll.infowww.instagram.com/Adam.Carrollwww.instagram.com/The.ShredMethodhttps://www.linkedin.com/in/adamcarrollspeaks/https://www.youtube.com/adamcarrollspeakerGet Linzy's FREE Mini-TrainingIf you're a therapist who is ready to work on your beliefs about money, make sure you check out my free mini-training!The Secret to Getting Unstuck in Your Finances is a quick, and POWERFUL, first step to building a new relationship with money that is essential to getting your finances in order: https://workshops.moneyskillsfortherapists.com/gettingunstuck Want to work with Linzy?Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!

This week we had the opportunity to interview Adam Carroll, a leading voice and educator in financial literacy. Adam 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. Adam Carroll has spent 15 years helping people do more with the money they make. He focuses on the importance of liquidity, hammering away debt, making your money work for you, and compound interest.He is an 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.Adam is also the host of the Build A Bigger Life podcast, the curator of MasteryOfMoney.com and the founder of The Shred Method™. We spend most of our time talking about The Shred Method and how this fintech tool that Adam created can help people eliminate debt such as mortgages and student loans at a rapid pace.As a quick preview, this is a strategy is where one deposits their discretionary income into a home equity line of credit (HELOC) and makes strategic payments based on an custom algorithm allowing them to dramatically cut down their debt payoff time horizon. If your interest is piqued, stick around for the entire interview where Adam goes in depth on how this process works and how it allowed him to payoff his mortgage twice!

In this podcast episode, financial educator Adam Carroll shared insights on slashing debt and building wealth outside of your cabinet shop. Adam is the financial wizard behind "The Shred Method," whose viral TED Talk has accumulated 6.2 million views!  Discover how he turned his financial life around in just 26 months and learn why money problems often stem from a bad mindset. Get ready to challenge conventional debt beliefs, embrace strategic financial planning, and unleash the power of "The Shred Method." No need to pinch pennies or sacrifice the joy of life – it's about being smart with your money. Don't miss out on this transformative episode!

Shownotes can be found at https://www.profitwithlaw.com/420.Are you ready to discover the surprising secret to eliminating debt and creating generational wealth? Get ready to be empowered with the knowledge to engineer your financial future and change the trajectory of your family tree. Stay tuned for an eye-opening revelation that will leave you equipped to revolutionize your approach to money and wealth creation!In this episode of Profit with Law, host Moshe Amsel interviews financial literacy expert and author, Adam Carroll, diving into the concept of The Shred Method as a powerful tool for eliminating debt and achieving financial freedom. Adam shares his personal journey of overcoming significant debt after college, emphasizing the importance of financial literacy and generational wealth. The conversation revolves around the practical application of The Shred Method, focusing on efficient debt repayment and strategic financial management. As a business owner or individual seeking financial independence, listening to this episode provides valuable insights into leveraging financial tools and resources to create lasting wealth and eliminate debt, making it a must-listen for those aiming to gain control over their financial future.With Adam's expertise and real-life experiences, this episode offers actionable steps and a fresh perspective on wealth creation and financial freedom. Resources mentioned:Take the Law Firm Growth Assessment and find out how you rate as a law firm owner! Check out our Profit with Law YouTube channel!Learn more about the Profit with Law Elite Coaching Program hereConnect with Adam Carroll: InstagramThe Shred Method WebsiteWatch Broke, Busted, and Disgusted, a documentary of the true costs of college for FREE with code SHARE - https://brokebusteddisgusted.com/Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/To request a show topic, recommend a guest or ask a question for the show, please send an email to info@dreambuilderfinancial.com.Connect with Moshe on:Facebook - https://www.facebook.com/moshe.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

Join the conversation on wealth creation, debt management, and the path to financial prosperity with Adam Carroll. From founding a presentation company in his late 20s to unveiling the secrets of the Shred Method, Adam dives deep into the world of personal finance. Discover the power of distinguishing between available and accessible cash, unravel the misconceptions around debt, and learn how to accelerate the amortization table payoff process   More about Adam:  Adam Carroll is a renowned financial literacy expert, celebrated author, and captivating speaker who has delivered over a 1,000 speaking engagements worldwide. With his thought-provoking TED talks, which have amassed over 6 million views on YouTube, Adam has become a prominent figure in the field of finance. His groundbreaking documentary, "Broke, Busted & Disgusted," aired on CNBC and continues to be screened in numerous high schools and colleges nationwide, inspiring young minds to take control of their financial futures.   Connect with Adam:  IG: www.instagram.com/Adam.Carroll IG: www.instagram.com/The.ShredMethod Li: https://www.linkedin.com/in/adamcarrollspeaks/ YT: https://www.youtube.com/adamcarrollspeaker   ------------------------------------------------------------------ Want more Business Choreography?  Check out… Business Choreography Website  Join The Business Choreography Group  Text Us "CHOREO NOW" To Get Started: 385-442-7188   Need the tech to build your Business Choreography? Check out.... ChoreoSuite

Welcome to the Financial Secrets Revealed Series 3 podcast episode from Meet the Experts. Amanda Cassar here meets the author of 4 Amazon best-sellers and a two-time TED talk speaker with nearly 6 million views – Adam Carroll.  Adam is the creator of Broke, Busted & Disgusted, a documentary on finances that has aired on CNBC.  Adam is also a professional speaker and the founder of the Shred Method, a cash flow management tool that is creating freedom for families everywhere. Adam is passionate about helping people create financial freedom through unconventional financial strategies and modified habit patterns. We're enjoying Meeting the Professionals in Season 3 and hope you enjoyed hearing more about the possibility of shredding your debt and taking back control of your finances with Adam. This podcast is for general information purposes only.  It does not take into account your personal circumstances or goals and is not to be considered personal advice.  Please discuss your needs with your financial adviser. Offer  Financial Secrets Revealed on Amazon: Financial Secrets Revealed: Cassar, Amanda: Amazon.com.au: Books Booktopia:  Financial Secrets Revealed, Collective Wisdom from Business Gurus, Financial Geniuses and Everyday Heroes by Amanda Cassar | 9781925648546 | Booktopia Barnes & Noble: Financial Secrets Revealed by Amanda Cassar, Paperback | Barnes & Noble® (barnesandnoble.com) Connect with Mark Adam Carroll | LinkedIn – Adam's LinkedIn profile The Shred Method Adam's Website – The Shred Method Adam Carroll (adamspeaks.com) – Adam's Speaking Webdite When money isn't real: the $10,000 experiment | Adam Carroll | TEDxLondonBusinessSchool - YouTube  Adam Carroll: What playing Monopoly with real money taught me about my kids--and humanity | TED Talk  Adam Carroll (@adam.carroll) • Instagram photos and videos Instagram Follow  Catch up with Amanda Cassar, host of Financial Secrets Revealed on Twitter and Instagram @financechicks and @Wealth_Planning_Partners or on LinkedIn at Amanda Cassar | LinkedIn Websites:  https://amandacassar.com.au/  https://www.wealthplanningpartners.com.au/ (company website) https://trustedagedcare.com.au/ (company website) Financial Adviser - Amanda Cassar (adviserratings.com.au) Support the show

Adam Carroll, financial expert, joins the show today to dip a toe into today's financial snapshot including the value of college, debt, savings, investing, teaching kids about money, digital currency and more! This is a must listen for all parents and those looking to slash debt in 2024! 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™. --- Support this podcast: https://podcasters.spotify.com/pod/show/healthydiscourse/support

In this episode, we explore the intricacies of achieving financial freedom in the digital era with our guest, Adam Carroll. We discuss the changing dynamics of financial transactions and innovative strategies that have reshaped our relationship with money, making it seem less tangible and possibly affecting our spending habits. We also introduce the "Shred Method," a groundbreaking approach to debt management that offers a faster path to financial independence.Highlights:The Illusion of Money in the Digital Age: In today's society, money feels less "real" due to the prevalence of digital transactions. This change in perception can influence spending habits, as people might not hesitate as much when spending digitally compared to using physical cash.The Shred Method: This new approach to financial management focuses on optimizing income efficiency, helping individuals avoid letting their money sit idle in checking accounts, and instead, using it in ways that foster financial growth.The Power of Compound Interest and Investment: Adam shares his experience of paying off a substantial mortgage in just over three years and the subsequent journey of building a significant investment portfolio through the strategic use of asset liquidity.Asset Liquidity and Future Planning: Emphasizing the importance of creating liquidity in assets and planning for future expenses as vital steps in avoiding debt accumulation and paving the way to financial freedom.As we conclude, we reflect on the wealth of knowledge shared by Adam Carroll, highlighting the necessity to adapt to the changing financial landscape and utilize innovative methods for efficient debt and investment management. This conversation illuminates the potential of compound interest and the importance of flexibility in financial planning, encouraging listeners to make informed decisions for a prosperous future.Join us in the next episode for more insights into shaping a financially secure future.Links and ResourcesThe Shred MethodMoney Mastery for Students Winning the Money GameGreen Oak accountingTherapy for your Money PodcastProfit First for TherapistsProfit First AcademyIG: @Adam.CarrollIG: @The.ShredMethod TW: @AdamCarrollPodcast Production and Show Notes by Course Creation Studio

Adam Carroll joins us for this episode of the CIBL Podcast. Adam is the owner and founder of The Shred Method, a program designed to optimize your money, eliminate your debt, and build wealth. Hundreds of millions of consumers wonder how they'll ever pay off college, how they'll be able to afford retirement, how on earth they can make good money and never get ahead. in this interview, Adam explains how he believes The Shred Method™ is the best proven roadmap for people who know there's got to be a better way. When used consistently and effectively, Adam explains how you can shred debt and build wealth in a short amount of time. Tune into this episode to learn how Adam and his team of shredders can knock out your debt for good! The Shred Method: https://www.theshredmethod.com/ Adam Carroll: https://www.adamspeaks.com/

In this podcast episode, we delve into the remarkable journey of Adam Carroll, an internationally acclaimed expert in financial literacy. With a career spanning over twenty years, Adam has delivered more than 1,000 keynote speeches, focusing on personal finance, leadership, and high performance. His relentless pursuit of mastery is evident in his significant impact on audiences worldwide. In 2021, Adam founded The Shred Method™, a fintech company offering a revolutionary financial course and software designed to rapidly achieve financial freedom. His life mission is clear: to help people construct a life of substance and significance, rather than merely accumulating material possessions. Adam's interests extend beyond finance into the realms of quantum physics, the subconscious mind, and the intrinsic wiring of human behavior. His dedication to learning is unwavering, as he spends much of his time engrossed in non-fiction, biographies, and courses that enhance life effectiveness. As an author, Adam has penned four Amazon best-sellers and is a two-time TED talk speaker, captivating over 6 million viewers on YouTube. His documentary, "Broke, Busted & Disgusted," has been featured on CNBC and is a staple in educational institutions across the United States. Adam's accomplishments are not just limited to the stage. He has successfully built a recurring revenue stream business, with each of his engagements fetching five-figure sums. For those intrigued by Adam Carroll's transformative approach and wish to learn more about The Shred Method, visiting www.theshredmethod.com offers an insight into the financial freedom he champions.

This episode will give any listener hope in not only getting out of debt (education, home, business) and be set to thrive for the rest of their lives. This is a must hear episode if you are feeling overwhelmed by living paycheck to paycheck or feeling like it will take decades to be able to save for retirement. Learn more about Adam Carroll and The Shred Method at:Website: www.theshredmethod.com & www.adamspeaks.com Email:  adam@adamcarroll.infoInstagram: www.instagram.com/the.shredmethodFacebook: www.facebook.com/AdamSpeaksTo learn more about Dr. Jeff, his Pay it Forward mission,  and coaching, visit www.mybigfishenterprises.com or email mybigfishinfo@gmail.com. For more nuggets of entrepreneurialism and motivation, follow us on Instagram @bigfish.enterprises and Facebook @BigFishEnterprises!

Adam Carroll is an internationally recognized financial literacy expert. Let's do a little math for this intro! Adam and I have been friends… better said… brothers… for 17 years… so I can say without a shadow of a doubt… this is a guy who walks his talk! Adam has spent 15 years helping people do more with the money they make. He's the author of three best-selling books! He's also been on DREAM THINK DO three times!!! He's a two-time TED talk speaker.  By the way… those TED talks have over 6 million views! He's the creator of one award winning documentary called, “Broke, Busted & Disgusted” which aired on CNBC and has now been shown in hundreds of high schools and colleges across the country. He's the founder and creator of one insanely cool online platform called “The Shred Method” which uses proven mathematical algorithms to create a custom wealth acceleration plan for every individual regardless of current financial circumstances.  And it's been allowing people to annihilate their debt and truly grow wealth! And… finally… let's get to his most important numbers… Adam is married to his amazing bride Jen… and they have three amazing kiddos who are going to change the world! Okay… those are the numbers you need to know about Adam Carroll… but since money is such an important subject… when it comes to dreaming bigger, thinking better and doing more of what you're put on the planet to do… we're going to talk about doing more with the money you have AND ways to create and generate more money too! I can't wait to get after THIS conversation!  Let's do this! HAVE YOU THOUGHT ABOUT BECOMING A LIFE COACH? (Get YOUR score!) Have YOU ever thought about becoming a Life Coach, Success Coach or Business Coach… but you've wondered whether it would be a good fit for YOU? Let's get YOUR predictability of success score: www.mitchmatthews.com/cpsa  That's right!  Download the Coaching Predictability of Success Assessment to see if becoming a successful and profitable Coach is right for YOU! MORE INFO ON ADAM: Find out more about Adam at: https://www.adamspeaks.com Found out more about his “Shred My Mortgage” at: https://www.theshredmethod.com Watch Adam's TED Talk “When money isn't real: the $10,000 experiment” Check out Mitch's NEWEST PODCAST: ENCOURAGING THE ENCOURAGERS You can now check out Mitch's new DAILY podcast called “ENCOURAGING THE ENCOURAGERS” anywhere you listen to podcasts.   It's specifically designed for coaches, speakers and content creators and provides quick doses of inspiration, strategy AND… of course… encouragement! Check out: www.encouragingtheencouragers.com!  Find it on Apple Podcasts:  Click here Find it on Spotify: Click here Find it on Anchor: Click here Find it on Google: Click here I WANT TO HEAR FROM YOU: How about YOU!?  What did you think of Adam's approach to creating more of a “Millionaire Mindset” and breaking some of the head junk that we all can have around money? Did you connect with Adam's approach? More importantly… I'm curious. What story or strategy resonated with you?   More specifically… what's something (BIG or small) YOU want to try as a result?  Lastly… PLEASE share this powerful conversation with a friend or family member who might be needing it… right now! They'll thank you! And hey… remember… I'm rooting for you! Mitch   MINUTE BY MINUTE 0:02 What's inside today's episode! 2:07 Get to know and welcome back Adam Carroll! 5:27 Inside Adam's pursuit of mastery in his life 9:55 Roadblocks and limiting beliefs about money and how to overcome them 16:40 Simple steps you can take to transform your financial life 24:38 Tips and wisdom for helping your kids develop money habits 29:00 Adam's top book recommendations and resources on money and abundance 38:41 The #1 step to take to free yourself financially 46:11 Mitch's Minute! Biggest takeaways and action steps from this conversation.

In this week's episode of Building the Premier Accounting Firm, host Roger Knecht has an insightful discussion with financial freedom expert Adam Carroll about gaining control of your money and eliminating debt. Adam shares how many of our unhealthy financial habits stem from childhood experiences and parental modeling around ages 0-9. He reflects on formative experiences in his own childhood that shaped his money mindset, such as his father becoming unemployed and his exposure to both poverty and wealth growing up. A key takeaway from Adam is the importance of living within your means, especially for couples. He and his wife made the strategic decision early in their marriage to live on one income and devote the other entirely to debt repayment. This sacrifice and discipline allowed them to become debt-free much more quickly. Eliminating debt provides huge emotional liberation, as Adam describes. Without the burden of debt, you can begin building wealth and enjoying total financial freedom. Adam also emphasizes the value of giving kids hands-on learning experiences with money from a young age. He shares how his popular TED Talk came about from playing Monopoly with his own kids using real cash. Later in the discussion, Adam explains his powerful debt elimination system called The Shred Method. This strategic approach utilizes revolving lines of credit to accelerate debt payoff. If you feel trapped by debt or want to develop healthier money habits, don't miss this fascinating conversation. Subscribe for more practical advice from Roger and his expert guests on gaining financial freedom and building true wealth in your business and personal finances.   Your Host: Roger Knecht, president of Universal Accounting Center Guest Name: Adam Carroll Through the use of The Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process. He's sharing this strategy with the world in order to help people ‘free themselves to be themselves'. Adam has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5 million views, and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom.   Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth.   Offers: Get a FREE copy of these books all accounting professionals should use to work on their business and become profitable.  These are a must-have addition to every accountant's library to provide quality CFO & Advisory services as a Profit & Growth Expert today: “Red to BLACK in 30 days – A small business accountant's guide to QUICK turnarounds” – the how-to-guide e-book for accounting professionals “in the BLACK, nine principles to make your business profitable” – e-book Learn what it is you can do to become an author, leveraging your expertise to market effectively your services and get the clients you deserve.  This is a webinar you don't want to miss.  Learn from Mike Capuzzi what a Shook is and how you can use it to position yourself as the Premier Accounting Firm in your area.  This is a must-see presentation so get ready to take some great notes.   In addition to becoming an author, see what you can do to follow the Turnkey Business plan for accounting professionals.  After more than 40 years we've identified the best practices of successful accountants and this is a presentation we are happy to share.  Check it out and see what you can do to be in business for yourself but not by yourself with Universal Accounting Center.   For Additional FREE Resources for accounting professionals check out this collection HERE!   Be sure to join us for GrowCon, the LIVE event for accounting professionals to work ON their business. This is a conference you don't want to miss.   Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe.   Also, let us know what you think of the podcast and please share any suggestions you may have.  We look forward to your input: Podcast Feedback   For more information on how you can apply these principles to start and build your accounting, bookkeeping & tax business please visit us at www.universalaccountingschool.com or call us at 8012653777  

Join us this Wednesday for a new episode where Roger discusses emotional ties to money, raising kids who thrive with money, and eliminating debt with The Shred Method with Adam Carroll.  

How can people develop a strong money mindset for lasting financial success?   In this episode, we'll hear from Adam Carroll about an experiment he conducted with his children using real cash in a game of Monopoly. This experience inspired his TED Talk called 'The Abstraction of Money' and allowed his children to learn valuable lessons about money and how it works. Learn more about the 401k plan they set up, goal setting for college-aged kids, liquidity strategies, and alternative investments.   With Adam's insight, you will gain an understanding of income stability, monthly expenses, and different economic cycles. Tune in now for this engaging conversation on how to look at investing and money management!     [00:01 - 06:43] The Money Mindset • Adam breaks down the concept of money abstraction An experiment by playing a game of Monopoly with real cash • How Adam's kids learned valuable lessons about money How the Shred method changed the way his kids played Monopoly     [06:44 - 13:23] Teaching Kids Financial Responsibility • How to create an allowance, invest, and build an emergency fund • Put money in your kid's hands and have them make money decisions from an early age • The goal of having a massive bank account (MBA) before college • The difference between available and accessible money.   [13:24 - 20:40] Closing Segment • Liquidity is a concern for financial advisors when investing in real estate syndications • With the Shred Method, monthly expenses tend to trend down • Syndications may be slower in maturing and exiting right now     Connect with Adam:   LinkedIn: Adam Carroll Instagram: @The.ShredMethod YouTube: Adam Carroll Speaker     Key Quotes:   "To every season, there is probably an investment." - Adam Carroll     WANT TO LEARN MORE?   Connect with me through LinkedIn.   Or send me an email at sujata@luxe-cap.com   Visit my website, www.luxe-cap.com, or my YouTube channel.   Thanks for tuning in!   If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Reverse Engineering Your Financial Freedom with Ali GarcedEpisode 153After a decade-long career as a Special Agent in the Air Force, Ali Garced decided she wanted out of her government job and her exit strategy was real estate. But she didn't jump right into investing, instead earning her real estate license and growing her knowledge before building a portfolio.Now a realtor, real estate investor and podcaster, she's joining hosts Mike and Dan in this episode to share her journey to achieving financial freedom. From using VA loans to jumpstart her portfolio, finding sponsorship and choosing the perfect brokerage firm, there's a lot to learn from her path to success.During this episode, you'll find out how Ali reverse engineered herself to financial freedom, the benefits of VA loans, why she's using The Shred Method to pay off her mortgages, and MORE. Plus, Ali has amazing advice for networking and VA loan offers accepted.If you're risk-averse like Ali, a veteran or real estate professional who works with military families, this is a can't-miss episode!Topics discussed in this episode:What led her to become a real estate agent and investorHow she grew her knowledge and chose the perfect teamThe right mindset for an entrepreneurAdvancing your career through sponsorshipThe perks of VA loansTips to get offers accepted using a VA loanGotchas of VA loansWhat you need to know about assuming a VA loanThe Shred Method to pay off mortgagesAli's final advice for new investorsYou can text Ali Garced at 914-318-4918 and connect with her on Instagram! https://www.instagram.com/ali_the_agent/Learn more about becoming a realtor at https://garcedrealty.com/.tListen to Ali's podcasts:https://invest2fi.com/https://www.theagentgoldmine.com/Learn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/

How do banks calculate the amount due on your monthly mortgage payment? Here's a hint: it's not based on an intrinsic desire to benefit you. Banks are in business to make money; you are their compound interest vehicle. In part two of our interview with Adam Carroll, he tells Wes about the Shred Method: a step-by-step guide to optimize your income, eliminate debt, and build real wealth and home equity in a much faster way than the typical 30-year mortgage. He also shares tips for building massive, passive, and permanent income in the pursuit of retiring sooner. Learn more about your ad choices. Visit megaphone.fm/adchoices

You're a successful physician, but somewhere along the way, you find yourself trapped in huge bills and the dreaded lifestyle creep. The desire for a grand house, flashy cars, exquisite jewelry, and luxurious holidays becomes irresistible. But here's the catch – with every indulgence, your debt increases, slowly chipping away at your hard-earned income.What if I told you there's a way out? A path that wipes out your debt and paves the way for generational wealth and a retirement cushion that's ready long before you hang up your stethoscope?Today's guest will explain exactly how to do it. Adam Carroll is not just an author, entrepreneur, and speaker – he's the mastermind behind The Shred Method™. This revolutionary approach empowers you to quickly conquer debt and attain financial freedom.In a remarkably short time, Adam obliterated a staggering $180,000 in home interest. He's on a mission to liberate countless individuals from debt, guiding them toward a life of financial abundance.These are some of the topics we cover in our conversation: What to do about your medical student debtHow The Shred Method™ can help you pay your debts offHow to reduce personal debt to invest wisely Using your HELOC as a cash flow techniqueIn this episode, Adam displays a realm of possibilities. Are you ready to take that transformative leap? Your financial freedom begins now. Tune in and reshape your future.“We were not put on this Earth to be employed. We were put on this Earth to be deployed. And when you figure out your deployment, go do that, regardless of what it requires.” - Adam CarrollIn This Episode: 01:54 What to do about your medical student debt02:53 How The Shred Method™ can help you pay your debts off 05:04 The difference between The Shred Method™ and other techniques06:39 Is The Shred Method™ a good option for you? 09:52 How to reduce personal debt to invest wisely 14:03 Using your HELOC as a cashflow technique 18:24 The flywheel approach to investing 22:24 How to change your high-income/low-net-worth situation 25:57 Adam's book “The Build a Bigger Life Manifesto”Resources: - ​​Join our Free community of high-performing physicians: the Physician Wealth Accelerator https://limitless-md.mn.co/- https://vikramraya.com/programs/- Sign up to my email list - https://vikramraya.com/- Group Coaching Now Open. Click here to book a call: https://www.freedom5doc.com/home58481126Resources mentioned: - Book “The Build a Bigger Life Manifesto” by Adam Carroll -

Debt had Adam Carroll drowning in a sea of despair until a woman entered his life with an ultimatum that changed everything. His demand to shed his debt or lose it, ignited a fire within him, propelling him on a mission to not only free himself but also educate others. Little did he know, this journey would lead him to a groundbreaking cash flow technique called the Shred method. Brace yourself as Adam's story takes an unexpected twist, revealing a powerful tool that not only eliminates debt but also paves the way to financial freedom. Stay tuned to discover how Adam's transformative method will revolutionize your financial future. Keynotes:1. Recognize the essentiality of financial education in safeguarding college students from crippling debt and inappropriate use of credit cards.  2. Get introduced to 'The Shred Method', a strategic contraption for streamlined debt clearance and robust wealth development.  3. Find your perfect equilibrium between setting aside savings and settling debts tailored to your individual financial landscape.  4. Unveil outside-the-box mortgage repayment techniques that go beyond your standard payment plans.  5. Realize the role of personal responsibility in steering one's financial ship, fostering fiscal well-being, and conscious financial decision-making.  The key moments in this episode are: 00:00:03 - Introduction,  00:03:16 - Preparing College Students Financially,  00:06:03 - The Shred Method,  00:09:01 - Implementing the Shred Method,  00:11:29 - Balancing Debt Repayment and Savings,  00:14:19 - The Benefits and Risks of Leverage,  00:16:05 - The Cost of Interest on Mortgage Loans,  00:18:17 - Paying Down Debt Strategies,  00:21:39 - Making Hard Decisions to Reduce Debt,  00:29:01 - Wrapping Up Links: http://www.theshredmethod.com  www.instagram.com/adam.carroll  www.instagram.com/the.shredmethod  www.twitter.com/adamcarroll www.TheShredMethod.com  www.BrokeBustedDisgusted.com  www.AdamCarroll.info   Offer: You can get $200 off registration of The Shred Method, the course, community, education sessions, and the software. Bio: Adam Carroll is a two-time TED speaker with one talk surpassing 6M views on Youtube and TED.com. He is a four-time Amazon best-selling author, the creator of the Broke, Busted & Disgusted documentary on student loan debt, and the founder of The Shred Method™.   BHB2024Support the show

We are joined by Adam Carroll to discuss The Million-Dollar Mistake Dentists Make and more!Adam Carroll has spent the past decade studying human behavior, particularly as it relates to personal leadership and personal finance. He is an internationally recognized financial literacy expert and leadership workshop facilitator.  Adam is the Author of four Amazon best-sellers, a two time TED talk speaker with nearly 6 million views on Youtube, and the creator of Broke, Busted & Disgusted, a documentary that aired on CNBC. He is the founder of The Shred Method, a cash flow management tool that is creating freedom for families everywhere. Adam is passionate about helping people create financial freedom through unconventional financial strategies and modified habit patterns.Learn more:https://www.adamspeaks.com/ ***** SPONSOR: – Omni Premier Marketing: https://omnipremier.com/dental-marketing/ CONNECT: – Facebook: https://www.facebook.com/thedentalbrief/ – Instagram: https://www.instagram.com/thedentalbriefpodcast/ – LinkedIn: https://www.linkedin.com/in/dental-brief-podcast-564267217 – Patrick's LinkedIn: https://www.linkedin.com/in/pchavoustie/– Youtube: https://www.youtube.com/channel/UCd08JzybKfNH0v12Q9jf50w WEBSITE: – https://dentalbrief.com/

How to feel financially and emotionally fulfilled.  Manisha Thakor takes us through her book MoneyZen: The Secret To Finding Your Enough. Budgeting tips for your big day. We'll speak to Karen Cleveland, co-author of The New Wedding Book: A Guide To Ditching All The Rules, about ways you can limit financial stress when planning your wedding. Then, allowing immigrants to have fair access to credit products. Misha Esipov, founder and CEO of Nova Credit, tells us how his company is looking to take away some of the barriers newcomers to Canada face. Plus, We'll speak to Adam Carroll, founder of The Shred Method, about how it works. To find out more about the guests check out: Misha Esipov: Twitter | LinkedIn Nova Credit: LinkedIn |Twitter Manisha Thakor: com | Twitter | Facebook, LinkedIn | Instagram Karen Cleveland: Twitter | Instagram | LinkedIn Adam Carroll: Instagram | LinkedIn | YouTube The Shred Method: com | Instagram Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

Check out our FREE FB Community and Join Today:https://www.facebook.com/groups/EmpoweredLivingwithDrVicLearn more about Dr. Vic's new online class: Decoding Your Matrix. Visit the link below to learn more:https://drvic.systeme.io/decoding-your-matrixDiscount Code: MindfulExperiment to receive $400 off the course.Debt is something that can truly interrupt our creative processes and lower our consciousness levels to be living in the reptilian part of our brain which is pure survival.This is where I notice, when I am working with potential clients, they are living from this part of the brain that is only going to paralyze us and keep us stuck or end up digging deeper into a hole.In today's interview, I am excited to share with you my convo with Adam Carroll as he brings a different perspective on how to SHRED debt. Yes, SHRED is an acronym that he will break down for us in today's episode.Based upon a report from Experian in 2023, they found that Americans are carrying $17.1 trillion dollars of debt in the 2nd quarter of 2022.This is a substantial amount of money, not including all the interest that is on this debt.This is why I am happy to share this interview with you because when we can see a specific way of utilizing and working to lower our debt and saving on interest, we are moving closer to a life of financial freedom, and on top of that, it allows for our mind to return back to elevated states of creativity, optimism, and increased confidence to know you found a way to make things work out in the end.And if you find this episode to be inspiring, share it with someone you know who can benefit from it.And lastly, don't forget to subscribe and share a review of why you enjoy this podcast. It is a big help for us!Who is Adam Carroll?Through the use of The Shred Method™, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process. He's sharing this strategy with the world in order to help people ‘free themselves to be themselves'. Adam has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5.8 million views and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom.How to Connect with Adam?Facebook: https://www.facebook.com/AdamSpeaks/Instagram: https://www.instagram.com/adam.carroll/ Hosted on Acast. See acast.com/privacy for more information.

Debt can either be a temporary burden or a lifelong prison. Today I speak with Adam Carroll about eliminiating debt completely and the financial mindset needed to create freedom in your life.   Adam Carroll is a nationally recognized financial literacy expert, two-time TED Talk speaker with over 6 million views and an award-winning documentary filmmaker. He's the author of four books on money and life. Adam also created The Shred Method which is a software that helps people achieve true financial freedom in their lives.   Adam personally used The Shred Method to pay off his own house, saving close to $200k in interest in the process. His mission is to help people achieve time freedom, relationship freedom, and service freedom. 1:11 Creating Freedom 2:01 School and habits 3:49 Where the financial mindset began 8:46 Your future self 11:55 The Shred Method is born 18:15 The FIRE Movement 23:04 An overview of your mortgage payments 32:55 A path to financial independence  34:38 Avoiding lifestyle creep 41:51 Discipline  48:36 Being a dreamer and a doer 53:38 Where to find Adam Carroll and The Shred Method www.TheShredMethod.com  www.BusinessFinanceAndSoul.com     

Episode 418: Share this episode on: Share on FacebookShare on TwitterShare on Google+Share on Linkedin Adam Carroll has spent the last twenty years delivering keynotes on personal finance, personal leadership and high performance. With over 1,000 paid engagements under his belt, Adam feels he's just getting started on his path to mastery. In 2021, Adam founded The Shred Method, a financial course and software that helps people achieve financial freedom in their lives in record time. His mission in life is to help people build a bigger life, not a bigger lifestyle.   What you'll learn about in this episode: How Adam developed the Shred Method to help his clients achieve income efficiency What has transpired for Adam and his company since creating The Shred Method The important difference is between recasting and refinancing Who The Shred Method can help How Adam helps his clients live free and turbocharge their money Why you need to reengineer your life if you aren't getting the results you want   Resources: Everyone is always asking us, “How is it possible to buy real estate without using my own cash or credit?” With decades of combined experience in real estate, we've perfected the process of investing creatively. We want to share as much as we can with you, which is exactly why we're running this FREE workshop! If you're thinking about leaving your job, escaping the W-2 lifestyle, and starting on the path towards creating generational wealth — this is for you! To register, just visit: smartrealestatecoach.com/pcws.   Schedule a free strategy session with us. This is an opportunity for you to have an honest conversation with our team about your background, investment goals and create some action steps toward creating the life of your dreams. Together we'll discover where you are, where you want to be, and what's in the way. Just visit: smartrealestatecoach.com/action.   Our free Master's Class is the ONLY webinar where you're given the exact techniques we use in our family company to buy and sell homes every month — all across North America and ALL on TERMS! Register by visiting: smartrealestatecoach.com/mastersclass.   The Wicked Smart Investor's Toolkit is a great way to dip your toe in the water of buying properties on terms. Here you'll receive seller scripts, our investor blueprint, be able to listen to live calls, and much more! Enroll for free at smartrealestatecoach.com/tools.   The Quantum Leap System has everything you'll need to start buying and selling on terms (without banks and without your own money or credit), launch & scale a business that fits your goals, and strengthen your mindset so you can follow the proven path to becoming a successful real estate investor. You can learn more by visiting: smartrealestatecoach.com/qls.   For additional information on lead generation, funding, mindset coaching, legal assistance, virtual staffing, and business growth, visit the Investor Resources section of our website at: smartrealestatecoach.com/resources.   Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments.   Chris's Book: Real Estate on Your Terms: https://www.amazon.com/Real-Estate-Your-Terms-Revised-ebook/dp/B08HVVFD2G/   Instant Real Estate Investor eBook: https://smartrealestatecoach.com/ebook/   Find our next workshop here: https://smartrealestatecoach.com/workshop   QLS Live – September 13-15, 2023: www.QLSLive.com   If you're looking to secure some lines of credit for your business, check out Fund and Grow: www.Smartrealestatecoach.com/fundandgrow   Learn more about Associate Coaching Program Funding here: www.smartrealestatecoach.com/funding   90-Day Jump Start: www.smartrealestatecoach.com/jump   Nat Processing Website: www.natprocessing.com   Request a free copy of our best-selling book, Real Estate On Your Terms and Deal Structure Overtime, at absolutely no charge: WickedSmartBooks.com   Additional Resources:   Get your ticket to QLS for only $49 with code: QLS49 at checkout: www.qlslive.com   Check out Adam's free Shred Method Masterclass: www.theshredmethod.com

Join us for this installment of our signature Trailblazer Interview as we sit down and take a deep success dive with today's super-stars who are doing B.I.G. (Bold, Inspiring, Gifted) Things, changing the world we live in. Listen now to Adam Carroll, four-time author, documentarian and TED-talk presenter. Through the use of The Shred Method, Adam Carroll paid off his home in record time, saving over $180, 000 in interest in the process. He's sharing this strategy with the world in order to help people "free themselves to be themselves." Learn more at TheShredMethod.com. Be sure to share this episode with your friends who could benefit from this timely information! And remember to subscribe for more quality information and resources.

Bill and Anastasia discuss The Shred Method with Adam Carroll, who used this technique to pay off his mortgage quickly and save his family over $180,000 in interest. He is sharing this method to help others achieve more financial freedom within their lives. Adam also discusses strategies he used to successfully teach his children about personal finance and how important it is for parents to teach their kids about finances long before they take out student loans. Adam shares what it's like to give a TED talk, dealing with imposter syndrome, and how he's built a life geared towards his passion of financial literacy. Adam has published four books, produced an award-winning documentary on student loan debt, and has a TED talk with over 6 million views. To learn more about The Shred Method, you can visit Adam's website at www.theshredmethod.com.

Through the use of The Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process. He's sharing this strategy with the world in order to help people ‘free themselves to be themselves'. Adam has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5 million views, and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom.

Send us a Text Message.In this episode of The Worthy Physician, host Dr. Sapna Shah-Haque sits down with Adam Carroll, speaker, author, and chief educator of The Shred Method, to discuss how physicians can maximize their money and build wealth. They delve into the financial challenges that physicians face, such as high levels of debt, and the pressure to maintain a certain lifestyle. Through their conversation, listeners gain valuable insights and strategies to achieve financial freedom. Tune in to discover how to take control of your finances and create a prosperous future.Similar episodes:Cracking the code how physicians can navigate the c-suiteResponsibility in Medicine and in the WorkplaceTranscendence and Healing HealthcareConnect with Adam Carroll:The Shred MethodThe Shred Method on InstagramConnect with Dr. Sapna Shah-Haque:InstagramFacebookTwitterLinkedInTo listen to more episodes, head to Apple Podcasts!Though I am a physician, this is not medical advice. This is only a tool that physicians can use to get ideas on how to deal with burnout and/or know they are not alone. If you are in need of medical assistance talk to your physician.Though I am a physician, this is not medical advice. This is only a tool that physicians can use to get ideas on how to deal with burnout and/or know they are not alone. If you are in need of medical assistance talk to your physician.Learn more about female physicians' journey through burnout to thriving!https://www.theworthyphysician.com/booksLet's connect for speaking opportunities!https://www.theworthyphysician.com/dr-shahhaque-md-as-a-speakerCheck out the free resources from The Worthy Physician:https://www.theworthyphysician.com/freebie-downloadsBattle of the Boxes21 Day Self Focus Journal

Today we had the privilege of sitting down with the incredible Adam Carroll. Adam is a true financial literacy expert, celebrated author, and captivating speaker, having delivered over 1,000 speaking engagements worldwide. He is the visionary behind The Shred Method™, a fintech company that empowers individuals and families to achieve remarkable debt freedom at an exceptional speed. This innovative approach to financial freedom is reshaping how people perceive money, education, and personal growth. Throughout the conversation, Adam shared his wealth of knowledge and his dedication to revolutionize financial literacy. We delved into Adam's journey and the pivotal role he's played in the field of finance, particularly through his thought-provoking TED talks, which have garnered a staggering 6 million views on YouTube.  One of the highlights of the conversation was Adam's vision behind The Shred Method™. He detailed how this fintech company empowers individuals and families to liberate themselves from debt quickly, providing practical strategies to achieve financial freedom. Don't miss this empowering conversation with one of the most influential financial experts of our time. In this episode, we discuss: The importance of financial literacy. Emphasizing the crucial role of money as it sets the foundation for a secure financial future. Uncovering The Shred Method™ Adam's personal principles for financial success and independence.  The significance of smart financial habits and informed decision-making to build lasting wealth.   Connect with Adam Carroll: Personal Instagram: www.instagram.com/Adam.Carroll  Business Instagram: www.instagram.com/The.ShredMethod  Linkedin: https://www.linkedin.com/in/adamcarrollspeaks/  Youtube: https://www.youtube.com/adamcarrollspeaker    The Shred Method: www.TheShredMethod.com  Website: www.AdamCarroll.info    Connect with Pantheon Investments:  Join the Pantheon Investor Club: https://pantheoninvest.com/investor-signup/   Website: www.pantheoninvest.com   Podcast: www.pantheoninvest.com/podcast   Facebook: https://www.facebook.com/PantheonInvest   Instagram: www.instagram.com/pantheoninvest   LinkedIn: https://www.linkedin.com/company/pantheon-invest   Twitter: https://twitter.com/Pantheon_Invest    Youtube: https://www.youtube.com/channel/UC8EsPFlwQUpMXgRMvrmbAfQ   Holistic Wealth Strategy Book: https://www.amazon.com/Holistic-Wealth-Strategy-Framework-Extraordinary-ebook/dp/B0BX4SDMS7/ref=sr_1_1?keywords=holistic+wealth+strategy&qid=1681472301&sprefix=holistic+wealth%2Caps%2C99&sr=8-1   Email: info@pantheoninvest.com

In this episode, we bring you a dynamic discussion on how the Investment Optimizer and the Shred Method work synergistically to transform our lives and create a brighter financial future. We'll explore the interconnectedness of these two strategies, showcasing how they complement and reinforce each other. We will share practical tips and real-life examples that demonstrate how the Investment Optimizer and the Shred Method can work together harmoniously to make your financial life more prosperous and secure. Join us as we dive deep into the world of investing and personal finance, exploring the powerful combination of these two remarkable strategies. Money Insights is a strategic planning firm that is founded on the principle that "off-the-shelf" products and solutions often do not meet the needs of high-income earners. The Money Insights team works to collaboratively design customized financial solutions that will leave a lasting impact on each of their unique clients. Visit Money Insights and take the Investor Quiz at https://moneyinsightsgroup.com ! Listen to the Money Insights podcast on Spotify, Apple Podcasts, or at https://moneyinsightsgroup.com/podcast Need to get in contact with the Money Insights team? Email us at insights@moneyinsights.net

“I think the biggest mistake is we wait. We wait for other people to recognise our greatness instead of claiming our own greatness.” This is a special episode only available to our podcast subscribers, which we call The Mini Chief. These are short, sharp highlights from our fabulous CEO guests, where you get a 5 to 10 minute snapshot from their full episode. Our guest today is Mastery of Money Guru and Founder of The Shred Method, Adam Carroll. His full episode is titled Owner's Mentality and Building a Bigger Life and you can find the full audio and show notes here:

Link to video: https://youtu.be/8Aq9vYBWS9k  Does your retirement plan include dying before your money runs out? Would you like to be able to afford to live forever?  Adam says that most people can be 100% debt free - including mortgage - in 3-5 years! Is this guy crazy? In this week's episode of Get Your FILL Podcast, Adam Carroll is going to blow your mind! Connect with Adam: www.theshredmethod.com www.shredmymortgage.com About Adam: @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™.

Join us this week for a special episode celebrating the 100th episode of the Money Insights Podcast! This panel-style episode brings together some of the top names in the Alternative Investing world. Hear from Sharon Lechter, co-author of Rich Dad Poor Dad; Tom Wheelwright, best selling author and worldwide authority on tax strategy; Adam Carroll, Multiple Tedx Speaker and Founder of The Shred Method; Ken McElroy, Prolific Multi-Family Real Estate Investor; Chris Larsen, Founder of Next Level Income; and Buck Joffrey, CEO of Wealth Formula!  Tune in for insights and expert perspectives from these industry leaders!    Money Insights is a strategic planning firm that is founded on the principle that "off-the-shelf" products and solutions often do not meet the needs of high-income earners. The Money Insights team works to collaboratively design customized financial solutions that will leave a lasting impact on each of their unique clients. Visit Money Insights and take the Investor Quiz at https://moneyinsightsgroup.com ! Listen to the Money Insights podcast on Spotify, Apple Podcasts, or at https://moneyinsightsgroup.com/podcast Need to get in contact with the Money Insights team? Email us at insights@moneyinsights.net

Today's guest, Adam Carroll, has been on a journey that includes playing monopoly with his kids for thousands of dollars, reading 120 books in two years, and a viral TED Talk. He's spent the past decade studying human behavior in an effort to understand how and why we handle money the way we do. To hear more about Adam Carroll and his story, please make sure to tune into this week's episode of The Road to Financial Freedom.FREE TOOLKIThttps://camaplan.typeform.com/freetoolkitFor more information on Adam Carroll:Website: www.TheShredMethod.comWebsite: www.AdamCarroll.infoTED Talk: https://youtu.be/_VB39Jo8mAQ For more information on CamaPlan:https://www.camaplan.com/Call the number below during business hours (8:30 AM - 5 PM EST) to schedule a phone consultation with CamaPlan:Phone: (215) 283-2868 Toll Free: (866) 559-4430.Follow our Podcast to stay up to date with upcoming guests, and other relevant topics:Website: https://www.RoadtoFinancialFreedomPodcast.com Facebook: https://www.facebook.com/CamaPlanPodcast/Instagram: @TheRoadtoFinancialFreedomPodLinkPage: https://linkpages.pro/EclTdARemember to like, follow, and share on your favorite podcasting platform!CamaPlan SDIRA, LLCCamaPlan, a self-directed IRA administrator, makes alternative investing a breeze for clients.The Road to Financial Freedom is Social! Check us out on Facebook & Instagram!!

Today we sit down with Adam Carroll who made his living as a speaker which then turned home towards real estate investing and founding his finance software called the shred method https://www.instagram.com/adam.carroll/ https://www.theshredmethod.com For Real Estate Coaching, Business Coaching, or if you want to Invest with us go here https://www.jsjrconsult.com/ SOCIAL MEDIA https://youtu.be/-K51aET5f6A https://www.youtube.com/channel/UCL5k7zU35JU6OZ2YwY329eg https://www.instagram.com/jstone537/ https://www.instagram.com/land_sharkinc/ https://www.instagram.com/so_cal_traveler/

2023 is quickly approaching! In this episode I have a powerful conversation with Adam Carroll about money stories and financial freedom. He is a financial literacy expert and the creator of the Shred method, a system for paying off debt and building wealth. He has been teaching money management to high school and college students for over 17 years, and has helped hundreds of people pay off their debts and achieve financial freedom.. "The Shred method is powered by a software that teaches you how much of that should you send to your mortgage to begin knocking down your mortgage in record time."In this episode, you will learn the following:1. How our early money memories and the stories we tell ourselves about money can shape our financial future2. How debt is actually costing us more money than we realize, and3. How the 'Shred Method' can help us get out of debt and even pay off our mortgage in record time.Adam Carroll has spent the past decade studying human behavior, particularly as it relates to personal leadership and personal finance. He is an internationally recognized financial literacy expert and leadership workshop facilitator.Adam is the Author of four Amazon best-sellers, a two time TED talk speaker with nearly 6 million views on Youtube, and the creator of Broke, Busted & Disgusted, a documentary that aired on CNBC.Adam is passionate about helping people create financial freedom through unconventional financial strategies and modified habit patterns. Resources: Save $200 on The Shred Method

“As a Business Alignment Coach, Hanna believes your experience is your expertise, empowering you to create a business that lights you up based on your passions and lifestyle. After moving to her dream city and increasing her income by 3x in 3 months, she realized her purpose is to empower female business owners. Her clients have gone on to have top podcasts, multiple six-figures in revenue, fully-booked guest interviews & more. Hanna is the go-to business coach helping you see your brilliance to design an aligned business. She offers a free 20 minute consultation call that can be booked by messaging her on Instagram - @withhannanoel.” Resources: Save $200 on The Shred Method

It's one of the oldest questions in investing. Pay off the mortgage first or put your money to work investing. In a rising interest rate environment, it's becoming harder to do one or the other, let alone both. In this episode, I'm joined by Adam Carroll to talk about shredding that mortgage. Adam Carroll paid off his home in record time saving over $180,000 in interest in the process, he's sharing his strategy with the world to help people become mortgage free. He's published four books, produced an award-winning documentary on student loan debt, and has a TED Talk with over 5 million views.Find out more at the blog post: https://www.stocksforbeginners.net/blog/shredPlease consider a small donation if you'd like to support my work educating and entertaining new investors in the stock market.Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/stocksforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value. Stocks for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.

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 the founder of The Shred Method™ 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      

If you want to hear financial thinking at a higher level...look no further than these 2 episodes with Adam Carroll. Adam has achieved financial freedom using the "Shred Method" by leveraging money in his mortgage and teaches us how to minimize our interest payments. Not only that he talks about his TED Talks speech that now has over 6 million views.Follow Adam: @adam.carroll on Instagramhttps://www.theshredmethod.com/Adamcarroll.infohttps://www.ted.com/talks/adam_carroll_what_playing_monopoly_with_real_money_taught_me_about_my_kids_and_humanity?language=enFollow @moneyvisionu on Instagram and Tiktok

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 the founder of The Shred Method™ 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      

If you want to hear financial thinking at a higher level...look no further than these 2 episodes with Adam Carroll. Adam has achieved financial freedom using the "Shred Method" by leveraging money in his mortgage and teaches us how to minimize our interest payments. Not only that he talks about his TED Talks speech that now has over 6 million views.Follow Adam: @adam.carroll on Instagramhttps://www.theshredmethod.com/Adamcarroll.infohttps://www.ted.com/talks/adam_carroll_what_playing_monopoly_with_real_money_taught_me_about_my_kids_and_humanity?language=enFollow @moneyvisionu on Instagram and Tiktok

There is no one size fits all method for getting out of debt. In this episode we explore the Shred Method. If you are looking at different options to help you get out of debt, this episode is for you!Snowball, avalanche… you probably have heard of these methods of getting out of debt and today you will learn about one more! In this episode, I want to introduce you to the "Shred Method", created by our guest Adam Carroll, which helped him pay for his house in record time and is now sharing it with the world.He has published four books, produced an award-winning documentary on student loan debt, has a ted talk, and helps people achieve true financial freedom in their lives.In this episode you will learn:  The concept of the "Shred Method". Three factors you need to consider to help you determine what method to choose for getting out of debt. The four jobs that your money should have when you use an effective strategy with your personal finances. For a quick recap of this episode go to http://www.jenhemphill.com/336NEW! Join our community on Facebook here: https://jenhemphill.com/communityThis episode is brought to you by my new class How To Win Paying Off Your Credit Card Debt In This Economy

There is no one size fits all method for getting out of debt. In this episode we explore the Shred Method. If you are looking at different options to help you get out of debt, this episode is for you! Snowball, avalanche… you probably have heard of these methods of getting out of debt and today you will learn about one more!  In this episode, I want to introduce you to the "Shred Method", created by our guest Adam Carroll, which helped him pay for his house in record time and is now sharing it with the world. He has published four books, produced an award-winning documentary on student loan debt, has a ted talk, and helps people achieve true financial freedom in their lives. In this episode you will learn:  The concept of the "Shred Method". Three factors you need to consider to help you determine what method to choose for getting out of debt. The four jobs that your money should have when you use an effective strategy with your personal finances. For a quick recap of this episode go to http://www.jenhemphill.com/336   NEW! Join our community on Facebook here: https://jenhemphill.com/community   This episode is brought to you by my new class How To Win Paying Off Your Credit Card Debt In This Economy

Through the use of The Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process. He's sharing this strategy with the world in order to help people ‘free themselves to be themselves'. Adam has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5 million views, and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom. *DISCLAIMER - We are not giving any financial advice. Please DYOR* (00:00 - 03:04) Opening Segment - Adam is introduced as the guest Host - Adam shares something interesting about himself (03:04 - 23:47) How to blast away debt in record time - Adam shares his personal investment and why? - Adam shares about the two greatest expenses in life - He also shares about the shred method - Also he explains between compounded interest rate and the daily interest rate - Adam shares why is it hard to get heloc on investment property (23:47 - 30:52) Fire Round - Adam shares if she would change his investment strategy - Adam also shares his favorite Finance, real estate book, or any related book - Also Adam shares about the website and tools that he can recommend - Adam's advice to beginner investors - Also shared how he gives back (30:52 - 32:08) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on Wealth Matter's YouTube channel and you can reach out to Alpesh using this link. Check us out at: Facebook: @wealthmatrs IG: @wealthmatrs.ig Tiktok: @wealthmatrs

How do you blast away debt? I'll give you a hint, it is not about paying the minimum payment on your debts. That just keeps you spinning the wheels. Our guest, Adam Carroll has something called The Shred Method that is going to revolutionize how you think about debt and how fast you can get out of it. Adam paid off his home in record time saving over $180,000 in interest in the process and realized he had something he needed to share with everyone. In this episode, Adam shares how you can be completely debt free within 3-5 years (crazy, I know, but possible), a mindset shift you need to get out of debt, how to balance paying off debt while saving and investing, and how to find financial freedom this year. As always, if you're in debt, I want you to know that there's nothing wrong with you. This is a shame-free zone. Listen, take what works for you, and let's get to blasting away your debt. Let's start talkin'.LINKSThe Shred MethodAdam's website Average Household Debt in 2022 articleSPONSORSThanks to Masterworks for sponsoring the show. To get priority access go to masterworks.art/mymoney. LEAVE US A REVIEWLeave us an honest rating and review, pretty please. Head to the podcast player you're listening to this episode in to leave us a review or you can click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts. Love this episode. Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode!GOT A QUESTION?Have a Shannah Shares question? Submit your question here https://bit.ly/shannahsharesMORE MONEY TIPSFollow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgameFREE GUIDES + RESOURCESDownload our FREE Top 25 Episode GuideDownload a FREE BONUS podcast episode 5 Minutes to Unlock a New Money MindsetWant to be featured on a Budget Rescue monthly podcast episode? Just head over to this short form and leave me a message. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Adam has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5 million views, and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom. Through the use of The Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process. He's sharing this strategy with the world in order to help people ‘free themselves to be themselves'. In this video Adam explains the concepts behind the Shred Method, how to use a HELOC as a Cash Flow Technique, how To Make Your Income More Efficient, and also Infinite Banking to Build Generational Wealth. Adam has been a featured speaker on Ted Talk with almost 6 million views, watch it here: https://www.ted.com/talks/adam_carroll_what_playing_monopoly_with_real_money_taught_me_aboutmy_kids_and_humanity?language=en

We're so close to the end of Season 15 and I have an awesome guest to help wind down this season. Adam Carroll, the Founder of The Shred Method, is on the show today to talk about everything from debt to allowing yourself to take the time to figure out your life at your own pace. Adam Carroll is a 4-time author, two-time TEDx speaker, and the creator of Broke, Busted & Disgusted, a documentary that aired on CNBC. Adam has spent the past decade studying human behaviour, particularly as it relates to personal leadership and personal finance. He's also an internationally recognized financial literacy expert and leadership workshop facilitator.  In this penultimate episode, Adam shares his own story of getting out of debt and how debt has become normalized in our society. He also talks about the benefits of not rushing to college and acquiring student loans and the simple framework he suggests going into 2023 with a potential recession looming. For full episode show notes visit: https://jessicamoorhouse.com/349

2023 is quickly approaching! In this episode I have a powerful conversation with Adam Carroll about money stories and financial freedom. He is a financial literacy expert and the creator of the Shred method, a system for paying off debt and building wealth. He has been teaching money management to high school and college students for over 17 years, and has helped hundreds of people pay off their debts and achieve financial freedom.."The Shred method is powered by a software that teaches you how much of that should you send to your mortgage to begin knocking down your mortgage in record time."In this episode, you will learn the following: 1. How our early money memories and the stories we tell ourselves about money can shape our financial future2. How debt is actually costing us more money than we realize, and3. How the 'Shred Method' can help us get out of debt and even pay off our mortgage in record time.Adam Carroll has spent the past decade studying human behavior, particularly as it relates to personal leadership and personal finance. He is an internationally recognized financial literacy expert and leadership workshop facilitator.Adam is the Author of four Amazon best-sellers, a two time TED talk speaker with nearly 6 million views on Youtube, and the creator of Broke, Busted & Disgusted, a documentary that aired on CNBC.Adam is passionate about helping people create financial freedom through unconventional financial strategies and modified habit patterns.Resources:Save $200 on The Shred Method

What is "The Shred Method™"? @the.shredmethodAdam Carroll has spent the past decade studying human behavior, particularly as it relates to personal leadership and personal finance. He is internationally recognized, he is a financial literacy expert, the author of four Amazon bestsellers and a two-time Ted Talk speaker with nearly 6 million views on YouTube. Adam Is also the creator of Broke, Busted, & Disgusted, a documentary that's aired on @cnbc. Our Links -Financial Freedom Mastermind Facebook Group - https://www.facebook.com/groups/53083... - Peer Space Host Referral Link https://www.peerspace.com/referrals/g... - AirBNB Host Referral Link https://www.airbnb.com/r/niyia41 - Ekabo Home Network (IG, Youtube, Email) https://linktr.ee/ekabohome Niyi Adewole is a licensed realtor in Georgia, brokered by EXP Realty. Feel free to reach out at Niyi.Adewole@exprealty.com if you would like to work with an investor friendly real estate agent.

Why financial literacy should be taught in schools How to use Monopoly to teach your children about money?The Shred Method: What it is and how it worksImpact of rising interest rates on investing and liquidity 3 steps to building your 10-year freedom plan  The Life & Money Show Spotlight:Your Life & Money: What is one thing you're doing to live a meaningful and intentional life by design?Other's Life and Money: What is one life or money hack that you can share that will make an impact in others' lives right now? Life & Money in the World: What's the one thing you're doing right now to make the world a better place? RESOURCES/LINKS MENTIONEDWinning the Money Game by Adam Carroll Is Infinite Banking The Paradigm To Financial Freedom? with Russ Morgan and Joey MureThe Build a Bigger Life Manifesto by Adam Carroll | Paperback and Kindle The Shred Method Evergreen Masterclass ABOUT ADAM CARROLLAdam 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, he 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 the founder of The Shred Method™. CONNECT WITH ADAMWebsite: The Shred Method CONNECT WITH US To connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--Thanks for listening, and until next time, keep investing for good!

In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Adam Carroll, Founder of The Shred Method™, a fintech software company that creates behavior change for people who want to blast away debt, build wealth, and achieve financial independence. Together, they discuss helpful tips for debt management and wealth creation.In this episode, you will learn:Everything you need to know about The Shred Method™.How home ownership can be used as a tool to build wealth.How to use a HELOC as a cash flow technique.How to make your income more efficient.And more!Resources:Episode Transcript & Blog | www.theshredmethod.com | hello@theshredmethod.com | Schedule an Introductory Call | Bautis Financial: 7 N Mountain Ave Montclair, New Jersey 07042 (862) 205-5000

​Adam Carroll is a two-time TEDx speaker with over 6 million views on his talk from the London Business School. He's a four-time author and the founder of the Shred Method, a system that creates freedom for people by teaching them how to create income efficiency, blast away debt, and build real wealth in record time. This episode talks about: What is The Shred Method™ and how this strategy can help you get out of debt? Using a HELOC (Home Equity Line of Credit) within the Shred Method. ​What type of debt​​ can the Shred Method ™ help eliminate? Snowball method of paying off debt? How can the Shred Method ™ help real estate investors? How does your mindset influence your financial outlook? Velocity Banking Concept v.s. Shred Method ™ Tax advantages of using the Shred Method ™ Using the Shred Method ™ for building cash flow and assets The benefits of having a home equity line of credit (HELOC) compared to a cash-out refinance (or other types of debt) To connect with Adam Carroll and to learn more about the Shred Method™, please visit:

In this episode of The Personal Finance Podcast, we're gonna talk to Adam Carroll about how to pay down your debt as fast as you possibly can with the Shred Method.  Join Our Newsletter here!   Adam Carroll has spent the past decade studying human behavior, particularly as it relates to personal leadership and personal finance. He is an internationally recognized financial literacy expert and leadership workshop facilitator. Adam is the Author of four Amazon best-sellers, a two time TED talk speaker with nearly 6 million views on Youtube, and the creator of Broke, Busted & Disgusted, a documentary that aired on CNBC. He is the founder of The Shred Method, a cash flow management tool that is creating freedom for families everywhere. Adam is passionate about helping people create financial freedom through unconventional financial strategies and modified habit patterns. Check out The Shred Method and get $200 off with this link! Learn more about Adam here! Checklist of relevant episodes:  Get rid of Your Debt Once and For All with Chris Browning The AMAZING POWER of Paying Off Your Mortgage with Andy Hill Here's What to Do if Your Student Loans Have been Forgiven Should You Pay Your Student Loans Since They Keep Postponing Payments? (Plus the Best Investing Books!) 7 Ways to Pay Down Your Student Loans Faster The Fastest Way to Pay Off Debt       FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge  ============ Sponsors:     Thanks to Ka'Chava For Sponsoring the show! Go to kachava.com/pfp and get 10% off on your first order.  Thanks to Shopify for Sponsoring the show! Go to shopify.com/pfp and start selling online today. Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance   ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!  Check out all my favorite Credit Cards https://milevalue.com/top-offers-mastermoney/   USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books    ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social!  Twitter  Tiktok  www.thepersonalfinancepodcast.com  www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam Carroll - The Shred Method™ It may surprise you that there a huge number of people in our great population that have debt.  Some of this debt is staggering in it's size, especially in relation to the income that is in the process of paying it back. Once you get deep in debt, it can be tough to get out.  But it is not an impossible task. Listen as Adam Carroll, founder of The Shred Method™ explains some key tips to help both avoid debt and to get out of it. He offers some financial advice that almost anyone can use. Enjoy! Visit Adam at: http://www.adamspeaks.com/  

Join Duc Ong and Adam Carroll as they dive in and talk about achieving financial, time, relationship, and service freedom through a debt-free life. Adam shares that through the Shred Method, anyone can be out of debt entirely within three to five years. He is sharing his strategy with the world to help people free themselves to be themselves. Adam has published four books, produced a documentary on student loan debt as a TED talk with over 5 million views, and helped people achieve true financial freedom in their lives.   The Shred Method   Adam Carroll founded the Shred Method, a financial course and software, to help people create income efficiency and blast away their debt in record time, typically within three to five years. It is a simple, smart, and secure platform that will guide you through financial freedom by following the plan outlined for each user.   Outline of the episode:   ·        [00:00] Meet Adam Carroll ·        [01:04] The possibility of being debt free ·        [02:01] The Shred Method ·        [03:53] How he paid off his house ·        [06:21] Achieving financial freedom in light of persistent inflation ·        [08:19] Mindset shift ·        [10:43] Infinite banking and strategies used ·        [14:03] Whole-life policies ·        [17:39] The strategy he used to teach his kids about money ·        [21:57] Giving kids autonomy and being careful about the language and logic used ·        [24:45] The role of the environment ·        [26:24] His superpower ·        [27:33] The biggest lesson he learned ·        [28:48] His advice to busy working professional   Resources: ●   Website ●   Website ● LinkedIn   Connect with The Cashflow Project! ●    Website ●    LinkedIn ●    Youtube ●    Facebook ●    Instagram ● Hawaii Millionaires Mindset Blueprint: July 21 - 24, 2022 Four Seasons Ko'olina

Founder + Chief Educator at The Shred Method™  Adam Carroll  joins Joseph to talk about how to optimize your income, eliminate debt and build real wealth in record time.  LINKS TheShredMethod.com SUBSCRIBE  First100K.com   BLOW UP ROCKS™ Elite Performance Coaching For 7-9 Figure Businessmen  I Help Christian Husbands Go From Angry & Unfulfilled to PEACE & PURPOSE in 90 Days or Less without Therapy or Marriage Counseling! - BlowUpRocks.com  Music: Purple-Planet.com

Summary: Looking to rid yourself of your debt? If so, you don't want to miss this episode. Adam Carroll's business implements what he calls “The Shred Method” in order to get people out of debt in 3-5 years. This is done through home equity lines of credit that move in tandem with where rates are going. Using a special software, the algorithm adapts to someone's specific income, equity, and debt, and allocates money accordingly. Tune in for more information on The Shred Method and tips on how to re-think your debt. Highlights: -Adam uses what he called “The Shred Method,” or home equity lines of credit -The line of credit moves in tandem with where rates are going -By next summer, we could see 8% mortgage rates -Income begins to cycle through the HELOC -Interest is charged on the ending daily balance -The Shred Method involves working with a coach because everyone has a certain risk profile -Adam's team likes to analyze income, equity, and the consistency/predictability of these things -You can save a large amount of money in interest, and earn back more of your income -Local banks/credit union are still open to doing lines of credit -There's little risk involved if you follow the model closely -We're finding the normalization point in the curve -Shred is a behavior modification tool—constant reminders of what to do and when Useful Links: Financial Survival Network The Shred Method

Leverage Your Primary Residence to Blast Away Your Debt in 3-5 Years, with Adam Carroll Adam Carroll is an internationally recognized financial literacy expert and financial strategist for business owners looking for maximum efficiency with their money. He is a two-time TED talk speaker with one talk surpassing 6 million views on Youtube and TED.com. Adam is the founder of The Shred Method, a strategy and software that helps people build radical equity and wealth in real estate in record time. What you'll learn about in this episode: Adam's background and what led him to become his own boss Why it's important to speak to your kids about money from a very young age The two biggest expenses you experience in life and how to handle them How to use a HELOC to get out of debt Why everyone has the ability to be debt free in 3-5 years How to pay off your mortgage multiple times using the Shred Method How to establish the proper money mindset and wealth psychology Additional resources from Adam: Website: https://www.theshredmethod.com/ Website: http://www.adamspeaks.com/ LinkedIn: https://www.linkedin.com/in/adamcarrollspeaks/ Check out Adam's free training at TheShredMethod.com, run your own calculations on our system to see how fast you can be out of debt: https://www.theshredmethod.com/savingsanalysis Additional resources from W2 Prison Break: FREE 5-Step Guide To Jumpstart Your W2 Prison Break Learn How To Master The Phone in 90 Days Website: https://www.w2prisonbreak.com/ LinkedIn: www.linkedin.com/in/brian-o-neill-5069216/ Facebook: https://www.facebook.com/profile.php?id=100079334484592 Instagram: https://www.instagram.com/lifecoachbrianoneill/

What if how we were taught to look at and manage debt is simply misguided?  Hundreds of millions of consumers stress about paying off student loans, credit cards, and mortgages while struggling to grasp how they might ever get ahead financially.  Debt can be crippling, and the associated interest costs can erode one's ability to save for retirement.  However, there is a better way.  In this episode I talk with Adam Carroll, the Founder of The Shred Method, about a new way to approach debt and apply interest rate arbitrage to achieve financial freedom quickly.  You won't want to miss this one as these principles can literally save you thousands of dollars and cut years off your path to retirement.Helpful links:Join the Strategic Financial Mastery programJoin Our Free CommunityTrain your team with an on-site workshopDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Support the show

BIO: Adam Carroll has decades of experience working with families and business owners interested in creating massive efficiencies in their income and wealth-building capacity. STORY: Adam bought a home in an auction without seeing it first and had to sink in more money to restore it than he made from selling it. LEARNING: Never buy a home without doing your research first. Never make an investment decision under pressure.   “There's a big difference between taking a calculated risk and being risky.”Adam Carroll  Guest profilehttps://www.linkedin.com/in/adamcarrollspeaks/ (Adam Carroll) has decades of experience working with families and business owners interested in creating massive efficiencies in their income and wealth-building capacity. He is an internationally recognized financial literacy expert, author of three Amazon best-sellers, and a two-time TED talk speaker with over 6 million views on https://www.youtube.com/playlist?list=PLMgQl1Ucr_wlBekdoXVu85Qwwt0N6E5Bh (YouTube) and TED.com. Adam is the host of the https://www.buildabiggerlife.com/ (Build A Bigger Life) podcast, the curator of https://www.masteryofmoney.com/ (MasteryOfMoney.com), and the founder of https://www.theshredmethod.com/ (The Shred Method™). Worst investment everIn his late 20s, Adam realized he badly wanted to be in real estate. He had already procured a single-family home and turned it into a rental after he couldn't sell it. That worked out very well for him. Adam later bought a duplex with his father. Which also turned out to be a fairly sound investment. And so he was on a roll and decided to go for a third property. Adam went to an auction of a home in this small community near where he lived. His plan was to see what the auction would be like, not knowing that he would ultimately get swept into the bidding process. Hearing people make comments about the value and the assessed value and how much money one could make on this property made Adam interested in bidding. And just like that, he became the highest bidder and the new homeowner. Adam later found out that the house he bought had water damage, a hot tub full of mold, and many other small damages that turned the home into a money pit. He put in so much money into restoring the house and spent the next six years trying to find tenants. He eventually sold it but never made a return on that investment. Lessons learnedLeverage is one thing, and risk is something else entirely. Therefore, there is a big difference between taking a calculated risk and being risky. When getting into real estate, go in prepared. The bigger the home, sometimes the bigger the challenges. So if you're new to real estate, start small. When push comes to shove, you can do a lot when you challenge yourself to do it. Andrew's takeawaysDo your research and ensure that you separate your research on returns from the research you do on risk. Never make an investment decision under pressure. Be careful of early success. If you're experiencing early success, work harder to reduce risk and protect your wealth. When you find people who can mentor you, listen to them. Actionable adviceSurround yourself with people who have been there and done that, who can advise you on when to pull the trigger and when not to. Adam's recommended resourcesCheck out https://www.theshredmethod.com/ (The Shred Method™) to learn how to optimize your income, eliminate debt, reduce risk and create wealth with the money that you save. Parting words  “Life is what we're here for. A lifestyle is just stuff we use to show off. So build a bigger life, not a bigger lifestyle.”Adam Carroll  [spp-transcript]   Connect with Adam Carrollhttps://www.linkedin.com/in/adamcarrollspeaks/ (LinkedIn) https://twitter.com/AdamCarroll (Twitter) https://www.facebook.com/groups/839916369747674 (Facebook) https://www.instagram.com/adam.carroll/ (Instagram) https://www.buildabiggerlife.com/ (Podcast)...

Adam Carroll and his wife used the Shred Method to pay off their home in record time, saving over $180,000 in interest in the process. Today, Adam teaches people how to pay off debt and achieve financial freedom in 10 years or less. In this episode, you'll learn: What is The Shred Method & How To Pay Off Debt in Record Time How to use a HELOC as a Cash Flow Technique What is Infinite Banking, and how to use it to build generational wealth The pros and cons of Adam's strategy, and so much more! Check out my Business Setup Bundle here.  Subscribe to The Purpose of Money, so you never miss an episode! Apply to one of my coaching programs coming soon! The Purpose of Money Group Coaching Program is for women ready to work on their personal finances and start building real wealth. We'll meet twice a month for three months. You'll get a one-on-one financial analysis so you'll know exactly where your money is going.  Plus, we're also going to discuss how to maximize what you make and how to improve your investing and retirement savings for later. You'll also get access to me and have a way to track your goals and progress.  Spots are limited. Apply to The Purpose of Money Group Coaching Program today! Build Your Business & Wealth Coaching Program is for women business owners eager to learn and implement creative retirement strategies and build their legacy. This program is for you if you're ready to learn how to invest in real estate and leverage your income, business, and life insurance. You'll get access to me, my ebooks, and my new course, The Purpose of Money Maximizer. It's a six-month program that will set the foundation you need to level up your business and investments.  Secure your spot. Click here to apply to the Build Your Business & Wealth Coaching Program now! Follow Adam Carroll on Social Media Instagram: @adam.carroll LinkedIn Website: adamspeaks.com Follow The Purpose of Money Instagram: @thepurposeofmoney  Facebook Twitter: @purpose_money  Website

Join Mike Cavaggioni with Adam Carroll on the 110th episode of the Average Joe Finances Podcast to share how he paid off his home in record time saving over $180,000 in interest in the process. In this episode, you'll learn:What is the Shred Method?Why people should know about The Shred Method?How does it actually work?Adam's Book Recommendations.And much more!About Adam Carroll:Adam has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5.8 million views and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom.Adam's books: Winning The Money Game 30 Days to $1KMastery of Money for StudentsThe Build a Bigger Life ManifestoAdam's Documentary: Broke, Busted & DisgustedAdam's Ted Talk:When money isn't real: the $10,000 experimentThe changing economic realities of collegeFind Adam Carroll on: Adam Speaks: http://www.adamspeaks.comTwitter: https://twitter.com/AdamCarrollInstagram: https://www.instagram.com/adam.carroll/YouTube: https://www.youtube.com/c/AdamCarrollSpeakerLinked In: https://www.linkedin.com/in/adamcarrollspeaks/Average Joe Finances®Our social media links can be found here: https://averagejoefinances.com/linksNeed help Buying or Selling a House? https://averagejoefinances.com/realtorInterested in getting your real estate license? https://averagejoefinances.com/prepagentUse the same Audio/Video Editing Team that I use: https://editpods.comHost your own Podcast here: https://averagejoefinances.com/buzzsproutSocial Media Management Tool: https://averagejoefinances.com/social-mediaPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinancesMake Real Estate Investing Easier with DealMachine:https://averagejoefinances.com/dealmachineFree Stocks:● Robinhood: https://averagejoefinances.com/robinhood● Webull: https://averagejoefinances.com/webullGet Life Insurance: https://averagejoefinances.com/ladderAverage Joe Finances Swag: averagejoefinances.com/resources/shop*DISCLAIMER* https://averagejoefinances.com/disclaimer If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contactSee our episode transcripts here: https://www.averagejoefinancespod.com/episodes/--------------Tropical Sensation by Mike Leite soundcloud.com/mikeleite Creative Commons —Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/-tropical-sensationEmployee Survival Guide®A Podcast only for employees. Mark shares information your employer does not want you knowListen on: Apple Podcasts Spotify Chaos to Clarity“Chaos to Clarity”! There's a ton of entrepreneurial advice out there. Too much! Here...Listen on: Apple Podcasts SpotifySupport the show

Home Equity Lines of Credit have long been sold as just another spending tool. You'll see ads for HELOCs used to buy 4-wheelers and boats, paying for a new roof or a wedding, sometimes even that family vacation. All of these are ultimately just about spending more. Going deeper into debt. Owning less and less of your income. However, the HELOC is a much more powerful tool than most of us realize. When used as a “sweep account” of sorts for your income, the HELOC becomes one of the most powerful debt elimination, mortgage acceleration tools ever designed. Would you pay $5 in simple interest to borrow $100, if you knew the $100 would save you $2,000? This question has been asked of hundreds of audiences and they all come back with the same answer, “every day of the week”. In our conversation with Adam Carroll, we uncover how you save the 20% of your gross income AND pay down your debt in a raging fashion using the power of leverage. www.theshredmethod.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this episode of the Millionaire Mindcast, we have an incredible guest no other than Adam Carroll, who shares insights and wisdom on achieving time freedom, relationship freedom, financial freedom, service freedom, journey of paying off debts, Engineering finances by creating more discretionary income, and how the shred method can really unlock financial freedom for people in the next 3 to 5 years! Adam Carroll is a freedom fighter, savvy from an investment standpoint, an entrepreneur, author, professional speaker, mentor, documentary filmmaker, and podcast host. He changes lives by helping people succeed faster by building a bigger life not a bigger lifestyle. He wrote the book, “The Build a Bigger Life Manifesto”. At an early age, Adam really loves the idea of making money and entrepreneurship. He lives like a rich college kid and then quickly becomes a broke professional because of debts. He wanted to live a life differently from his parents and free from debts. Until he read over 100 books in personal finance. Together with his future wife, he took a great leap. He started learning investing intelligently in real estate deals, alternatives investments, syndications, and being a lender for some people. The couple was so aggressive about paying off debt and how they could minimize their lifestyle. They used their existing income in an efficient manner to blast away compound interest debt until they saw a huge financial success. Currently, Adam is not only obsessed with debts but of how to bring value to the people in terms of building wealth, financial freedom, and financial literacy!    Some Questions I Ask: Where did your wealth-building journey start? What were some of the early AHAs that made the biggest difference for you at the beginning? How can someone go about auditing their lifestyle and finances while enjoying what they're doing but still purposeful of unlocking real wealth and financial freedom? How have you and your wife have found the synergies of both of your financial personalities coming together to create a common goal that both of you get to enjoy? What does your financial rhythm look like? What is your interpretation of what good and bad debt is? What is the Shred Method? What do you see out there that you're paying close attention to when it comes to financial opportunities or threats?   In This Episode, You Will Learn: The 4 legacies for future generations Adam's takeaway in life Lifestyle design: life versus lifestyle Common sources of couple's financial friction How to make your home an asset and not a liability The Savings Analysis: How to quickly get out from debt The magic of HELOC The future of cryptocurrency and NFTs    Quotes: “Financial freedom leads to time freedom.” “Time freedom creates relationship freedom.” “Our deployment is our service to humanity.” “There are just so many ways to make money but the only way to make money is to have money to put to work.” “How big your why is, determines how big your life is.” “If you want to change the fruits, you must first change the roots.” “Well, if you want it, we'll just get it, we'll figure it out.” “Wealth is made in the crock pot not in the microwave.” “You have to have a bigger life, not a bigger lifestyle.”    Resources Mentioned:  Rich Dad Poor Dad book by Robert Kiyosaki Rich Dads Cashflow Quadrant book by Robert Kiyosaki Think and Grow Rich book by Napoleon Hill The Wealthy Barber book David Chilton How to Be a Billionaire book by Martin Fridson Secrets of the Millionaire Mind book by T. Harv Eker Smart Couples Finish Rich book by David Bach   Connect with Adam Carroll on:  Adamcarroll.info The Shred Method The Build a Bigger Life Manifesto book by Adam Carroll Build a Bigger Life Podcast Facebook Twitter   Sponsor Links: www.athleticgreens.com/mindcast Policy Genius Talkspace use code for $100 off: MINDCAST GoBundance  - Text: MILLIONAIRE to 844.447.1555 Credit Investor List - Text DEALS to 844.447.1555 Free Financial Audit: Text XRAY to 844.447.1555   Connect with Matty A. and Text me to 844.447.1555  Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

Have you heard of "The Shred Method"? This unique method was created by this week's episode guest Adam Carroll. Adam 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.   Money Insights is a strategic planning firm that is founded on the principle that "off-the-shelf" products and solutions often do not meet the needs of high income earners. The Money Insights team works to collaboratively design customized financial solutions that will leave a lasting impact for each of their unique clients. Visit Money Insights and take the F3 Assessment at moneyinsightsgroup.com Listen to the Money Insights podcast on Spotify, Apple Podcasts, or at moneyinsightsgroup.com/podcast Need to get in contact with the Money Insights team? Email us at insights@moneyinsights.net

Shred your home mortgage and get out of debt fast with Adam Carroll Get $200 off the Shred Method here: https://masterpassiveincome.com/shred Get your free real estate investing course: http://www.masterpassiveincome.com/freecourse  Real Estate Wealth Builders Membership: https://masterpassiveincome.com/wealthbuilders //BEST REAL ESTATE INVESTING RESOURCE LINKS 1 Minute Green Light Deal Analyzer: https://www.greenlightdealanalyzer.com FREE Property Management Software: https://masterpassiveincome.com/avail Get Business Funding https://masterpassiveincome.com/fundandgrow Great High Interest Savings Account: https://masterpassiveincome.com/cit Self Directed IRA for Real Estate Investing: https://masterpassiveincome.com/rocketdollar Investor Money Management with Stessa: https://masterpassiveincome.com/stessayt // WHAT TO WATCH NEXT How to Use Owner Financing to Make Loads of Money https://youtu.be/qAOpCOWvj6Q How to Analyze a Real Estate Investing Deal in 5 Seconds https://youtu.be/SqA1HcAW4EI How to Set Up Your LLC for Your Business https://youtu.be/B9RzLkAZI9s Everything You Need to Know about Real Estate Comps https://youtu.be/wMZ_We-wlrg Learn more about Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/ Join our free private Facebook group! https://masterpassiveincome.com/group NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

129: I met Adam Carroll at a conference earlier this year, where he was one of the keynote speakers. When I talked to him at lunch, he was telling me about this thing called The Shred Method that struck me as a fascinating way to destroy personal debt much faster than most of us realize is possible.(Show Notes: REtipster.com/129)Adam has spent the past two decades teaching people how to eradicate debt and leverage equity in the most efficient way possible. He's a two-time TED talk speaker with one talk surpassing 6 million views on Youtube and TED.com. Adam developed a proprietary program that helps people leverage their equity to pay off their debt much faster.

This week I welcome Adam Carroll to the show. Adam is a financial literacy expert, speaker, author, and the founder of the Shred Method, who has dedicated himself to helping people build a bigger life. Adam discusses how to pay off debt quickly using the Shred Method. This works to help leverage the cash flow through your personal economy to radically eliminate your debt in record time. Hear insights about: How Craig discovered velocity banking and evolved it into the Shred Method How the Shred Method helps the average person with a mortgage How Craig accelerates the process of paying down debts by leveraging short term debt against compound interest with a large balance What a HELOC is and how it can help you save money How Craig and his wife paid off their house twice over between 2012 and 2021 Why the key to financial security is understanding wealth acceleration Steps to leveraging the Shred Method Who the Shred Method works best for Why the method works equally as well for property investors Ways to cleverly squeeze the juice out of your finances Save Yourself Thousands of Dollars When you understand how to leverage a Home Equity Line of Credit (HELOC) as a debt repayment model, you can potentially save yourself tens if not hundreds of thousands of dollars in interest over the life of that loan. We all want to be as financially educated as possible to manage our finances cleverly. My guest this week on the Progressive Agency Podcast, Adam Carroll, joins me to explain just how we can save money and pay down a considerable amount of debt by using the equity in our homes to minimize the debt held against it. Completely Pay Off Debt in 5 Years And I mean completely — mortgage, car loan, tuition all paid off in full. Adam, who is a financial literacy expert, speaker, author, and the founder of the Shred Method, explains how the average person can make their money work for them in the most efficient way possible. We discuss how the Shred Method works and how Adam's previous role as a Mortgage advisor gave him the insight and impetus to research why owning a home can keep you in perpetual, long-term debt and how to get out of it. Did you realize that a homeowner will pay the bank back as much as 2½ times the amount of their original mortgage on average? People are often laboring under the misconception that their mortgage is the cheapest debt they'll ever have, but as Adam explains, there are ways to bring the interest they're paying off to under 1%; you just have to know the right steps to take. We discuss why keeping on top of your financial housekeeping is essential if you want to save money and why to check your financial statements to ensure that your payments are allocated to bringing the principal debt down. Squeeze the Juice Out of Your Cash Getting a little bit more juice squeezed out of your finances is something that everybody would love to do. When you get right down to it, though, it's as much a matter of mindset and financial education as clever money management. When you think about how your best life looks, you are probably factoring in time spent with the people you love as well as having enough money for a few of life's luxuries. Understanding that you can make your time more valuable by creating financial systems that you can rely on is key to getting the most out of your money. When you flip the narrative on saving money and understand how to see things differently, you start to notice the business systems you could create to generate recurring savings. One of the ways you can do that is to realize that when you outsource, you're actually making savings — in other words, don't spend time doing the $20 an hour activities 20 hours a week, Because there's no way that you're going to make six figures when you're doing activities that are beneath your paygrade. And when you don't leverage what you have to save significant sums of money it's exactly the same principle. When you optimize the time you spend on a task or the money you invest, you need to be as efficient as possible. How to Connect with Adam Carroll: Website: www.theshredmethod.com LinkedIn: https://www.linkedin.com/in/adamcarrollspeaks/ Facebook: https://www.facebook.com/AdamSpeaks/ Twitter: https://twitter.com/AdamCarroll

Everyone wants to make and have more money but understanding all the available financial options and opportunities can be overwhelming. Many agency owners are juggling debt, income, personal and professional mortgages, and complex investment plans, most of which are managed by advice we were given by our parents when we were young. We've heard of ways to use our money to make money, but it all sounds a little impossible to believe. Adam Carroll is one of the nation's top financial educators and he is here to cut through the confusion and show how viable many of these options really are. Adam is a long-time friend of the Agency Management Institute, and this conversation is his third visit to the podcast and follows his well-received appearance at the Build A Better Agency Summit. In this episode of Build a Better Agency, Adam and I discuss a lot of the available tools and methodologies available for helping people reach financial security and freedom faster and in much bigger ways than might seem possible. We look at ways to double your money in 3 years, better understand the power of compound interest, and identify the different kinds of legacy. We talk about how we all need to start thinking about wealth differently by starting to ask ourselves bigger, different questions about our goals and dreams. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. What You Will Learn in This Episode: Understanding the “Shred Method” for reducing debt How to double your money in 3-5 years Why it doesn't make sense to hold onto a long-term mortgage The power of compound interest Identifying the 4 kinds of legacy Equity planning How to start thinking differently about wealth The importance of joining a Mastermind

Adam Carroll is an internationally recognized financial literacy expert, the creator of Broke Busted & Disgusted (a documentary about student loan debt), and a two time TEDx speaker with his talk from the London Business School surpassing 5 million views on YouTube and TED.com. Adam is the founder of The Shred Method and the curator of MasteryofMoney.com.  Websites and Handles:www.theshredmethod.com

Today's episode features author, speaker, and mentor Adam Carroll. Adam shares with us his favorite finance technique that he calls "The Shred Method" which looks to utilize your HELOC (home equity line of credit) loan to its full potential. He also covers some of the powerful mindsets that he believes in which he shares with colleges and corporations across the country. It's clear why Adam has been picked up for TED talks. His passion and unique views are something everyone should take the time to hear. Listen to this episode and reach out with your thoughts! Links From the Episode Adam's Website The Shred Method Adam's Books Build a Bigger Life Podcast Mastery of Money YouTube Channel Join the Community We'd love to hear your comments and questions about this week's episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here

Adam Carroll is an internationally recognized speaker and author. He is a two-time TED talk speaker with one of his talks surpassing 5 million views, creator of the documentary film Broke Busted & Disgusted, and works with companies large and small on culture initiatives and engaging human capital. Adam is the founder of The Shred Method, the host of The Build A Bigger Life Podcast, and a retreat leader within his community of life architects.   Adam lives through the principle “build a bigger life, not a bigger lifestyle” and is doing this through helping others identify their 10 year freedom plan. What you'll learn about in this episode: Why Adam believes our “money personality”, who we are in relation to money, is set by the age of nine and has a huge impact on our lives as adults Why it is important to recognize the message your children are receiving at home about money How it takes real work to overcome your internalized money beliefs, and why the first step is to reflect on those early memories How Adam coaches his clients to “connect the dots” between their early memories and how they relate to their money beliefs today What important lessons and exercises Adam works to teach his kids, and how he discovered his own financial path Why T. Harv Eker's book “Secrets of the Millionaire Mind” was a trailblazing work that shows us how we often hold incorrect internal ideas about money How Adam is continually working to challenge his own money beliefs, and how he is learning what “massive abundance” means Why the universe “wants” to reward you with abundance, and why we are often our own obstacles to that abundance How to learn more about Adam's “Shred Method” that can help you eliminate your debt in 3-5 years or less Adam shares a powerful exercise you can do to help you better identify and understand your relationship with money Resources: Learn more about Adam's money mindset training: www.theshredmethod.com/srec Listen to Adam's previous appearance in episode 209: https://smartrealestatecoachpodcast.com/podcasts/adam-carroll/ The Build A Bigger Life Podcast with Adam Carroll: https://podcasts.apple.com/us/podcast/build-a-bigger-life/id970592686 When Money Isn't Real TEDx talk by Adam Carroll: https://www.youtube.com/watch?v=_VB39Jo8mAQ Website: www.adamspeaks.com LinkedIn: www.linkedin.com/in/adamcarrollspeaks/ Facebook: www.facebook.com/AdamSpeaks/ Twitter: @AdamCarroll Additional resources: Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments. If looking to secure some lines of credit for your business, check out Fund and Grow – Visit our Resource page at https://www.smartrealestatecoach.com/resources Schedule a FREE Strategy Call: SmartRealEstateCoach.com/action Register for our free masterclass: www.SmartRealEstateCoach.com/mastersclass Real Estate on Your Terms by Chris Prefontaine SmartRealEstateCoachPodcast.com/webinar SmartRealEstateCoachPodcast.com/ebook SmartRealEstateCoach.com/QLS Smart Real Estate Coach Podcast Sponsor: Paul G. Dion CPA, CTC

Mastering Money as a Business Leader What You Will Learn: How Adam realized early on that he wanted to study money, and why part of his goal in mastering money is to truly understand every aspect of it How Adam used real money in a game of Monopoly to teach his kids key money lessons, and how that became the foundation for his viral TEDx Talk What advice Adam has to offer for seven-figure business owners about challenging conventional wisdom around money Why Adam believes there are four legacies you can leave to future generations, and why the first is financial freedom Why your income should do four things at all times: pay your expenses, eliminate debt, build wealth, and do good and have fun with it How entrepreneurs can use Adam's money methods to “become their own bank”, and why the process is easier than most people imagine Why Adam is motivated to teach his kids the right way to handle money by his goal to create true generational wealth for his family Adam gives an example of his “Shred Method” to look at money differently by utilizing a home equity line of credit Why it is important to identify and understand your relationship to money before you can begin to change your behaviors What methods Adam recommends for better understanding your money and where your existing beliefs originated from Mastering Money as a Business Leader Many if not most of us have a complicated relationship with our money. Understanding where our core beliefs about money came from is the key to changing how we relate to it… and can serve as a powerful catalyst for building wealth. In this episode of the Elite Entrepreneurs podcast, respected speaker and author Adam Carroll offers valuable insights on why many of the things we know to be true about money are completely wrong, and he provides strategies for creating a healthier relationship with money and how we see our income. The Key to Mastering Money Adam Carroll has dedicated his life to “mastering money” by understanding everything he can about how we relate to and interact with money. Adam says that many of us don't fully understand money, in part because we've been taught certain “rules” by financial institutions that were designed to serve the banks, not us. Adam believes that our income should be doing four things at all times: paying our expenses, eliminating our debt, building wealth, and allowing us to do good and have fun. Adam says most people focus on the first and last points but miss the two important points in the middle. However, by thinking about our income and debt in a different way, we can completely change our fortunes. Adam says most people could be completely out of debt and financially independent in 3-7 years just by adjusting their money habits and behaviors. Why Early Money Lessons Matter Adam believes that the lessons we learn about money as children have a lifelong impact on our financial lives, and so he resolved himself to teach his kids about money in a way he himself hadn't been taught. Adam played a game of Monopoly with his kids using real money to see if it made a difference in how they played, and that became the foundation for a viral TEDx Talk where Adam explained why we need to change our money mindset. As Adam explained during his visit with Elite Entrepreneurs, by equipping his kids with an early understanding of how money works, he believes that his kids will have a much stronger foundation for wealth building and mastering money, creating a generational change in his family. As entrepreneurs, many of us are motivated by the hope of securing our family's financial future, and one of the most important actions we can take to do so is to have frank, clear discussions about money with our kids so that they are better equipped to manage their money as adults. About Adam Carroll Adam Carroll is a sought after speaker, author, and seminar leader in the areas of personal development and personal finance. Adam's TED talk at the London Business School has been viewed over 5 million times! How to Connect with Adam Carroll: Learn more about Adam's “Shred Method” and mastering money at his website Website: www.adamspeaks.com Watch Adam's TEDx Talk on YouTube: https://www.youtube.com/watch?v=_VB39Jo8mAQ Website: www.masteryofmoney.com LinkedIn: www.linkedin.com/in/adamcarrollspeaks/ Facebook: www.facebook.com/AdamSpeaks/ Twitter: @AdamCarroll Additional Resources: Elite Business Health Assessment: https://growwithelite.com/health Email: info@GrowWithElite.com Website: https://growwithelite.com/