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Damon Carr - The Carr Report

The Carr Report…Think a 529 Plan is only for college? Think again.

Damon Carr -
Whenever I bring up a 529 Plan with clients, I usually hear the same concern. “Damon, what if my child doesn’t go to college? What...

The Carr Report…You don’t retire on savings. You retire on income.

Damon Carr -
For years, retirement planning has been sold to Americans like a game show. Save $1 million. Save $1.3 million. Save $2 million. Hit that number...

The Carr Report…The invisible addiction: How online gambling is destroying young adults financially

Damon Carr -
A 23-year-old accountant making $68,000 a year found himself buried under nearly $20,000 in debt. Credit cards. A car loan. A personal loan. He...

The Carr Report: America is saving on a prayer—and too many folks are one flat tire away from financial disaster!

Damon Carr -
America has a savings problem. A BIG one. According to a recent survey, 40 percent of Americans have less than $500 saved, while 14 percent...

The Carr Report: Gen X is running out of time—and too many folks are still playing catch-up

Damon Carr -
Generation X—those of us born between 1965 and 1980—were raised believing that if we worked hard, stayed loyal to our jobs, and handled our...

The Carr Report: Financial literacy gets you started. Financial fluency changes your life.

Damon Carr -
Real talk! The school system taught us algebra, geometry, and how to find the hypotenuse of a triangle. But too many of us were...

The Carr Report: Jay-Z provides ‘The Blueprint’ for wealth-building

Damon Carr -
Let me say something that might shake your whole understanding of wealth. Jay-Z—Shawn Corey Carter—is worth an estimated $2.8 billion as of 2026. That makes...

The Carr Report: Make a date with your money—stop playing, start executing

Damon Carr -
Let me ask you something. When’s the last time you actually sat down and handled your money? Not scrolling past a finance post. Not watching...

The Carr Report: Stop funding your depreciation! Looking rich is costing you real wealth!

Damon Carr -
If money truly matters to you—if you’re always talking about wanting more of it, needing more of it, and stressing when it’s not there—then...

The Carr Report: Your ‘Retirement Date’ keeps moving back like a middle-aged man’s hairline!

Damon Carr -
A whole lot of Americans built their retirement plan around one number: 65. That was supposed to be the age when the alarm clock...
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