Matt Aitchison & Adam Carroll , Millionaire Mindcast

Breaking Free Of The Bankers Business Model By Using The Shred Method For Financial Freedom | Adam Carroll

01 Aug 2022 • 57 min • EN
57 min
00:00
57:14
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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

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