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 The Shred Method is a mortgage acceleration program for people who are eager to achieve financial freedom from their largest liability. As a listener of the show, you will receive $200 off the registration price of the program and a free month of the software that powers The Shred Method. Click the link in the show notes... https://www.theshredmethod.com/a/2147514635/W8L2mVis 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

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