What are the key techniques Bill Carmody recommends for financial independence?

Educate yourself about money: Learn the rules of the game. Books like Tony Robbins’ Money: Master the Game and Unshakeable are recommended starting points so you stop guessing and start operating from proven principles.

Don’t invest in what you don’t understand: If you cannot explain how something makes money and what the real risks are, stay out. Stick to simple, transparent investments you truly grasp.

Think in systems, not quick wins: Build repeatable ways to earn, save, and invest—especially via your business as a coach or speaker—rather than chasing one-off windfalls.

Protect your downside: Diversify, avoid excessive debt, and make sure no single decision can take you out of the game.