The Smart Real Estate Coach Podcast|Real Estate Investing Episode 521: The 10-Year Freedom Plan to Build Wealth, Ditch Debt, and Take Control with Adam Carroll
Aug 20, 2025
Adam Carroll, an internationally recognized financial literacy expert and TEDx speaker, shares his insights on achieving financial freedom. He introduces his 10-Year Freedom Plan and explains The Shred Method, which allows people to pay off debt and mortgages efficiently. Adam emphasizes the importance of mastering liquidity and cash flow for aspiring entrepreneurs. He also discusses skill stacking, mentorship, and overcoming complacency, urging listeners to confront their fears for a more prosperous financial future.
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Liquidity And Passive Income Are The Goal
- Shred is the financial centerpiece that expands liquidity and builds passive income streams.
- When passive income exceeds monthly expenses, Adam Carroll defines that as financial freedom.
Lower Monthly Costs Before Quitting
- Reduce monthly expenses before leaving a job to lower risk when becoming an entrepreneur.
- Adam Carroll teaches ways to cut or eliminate payments like car or credit card bills and materially lower mortgage payments.
Cut Mortgage Payments Without Refinancing
- Use Shred strategies to reduce mortgage payments without refinancing or extending loan terms.
- Some clients cut payments from $2,000+ to a few hundred dollars monthly using this system.