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Damon Carr - The Carr Report

The Carr Report: Notorious 10 Money Commandments

I was having a nostalgic moment driving through my childhood neighborhood bumping to some Notorious B.I.G. The song “10 crack commandments” started playing.  When...

The Carr Report: You might be ‘Broke’ or end up ‘Broke’ if…

Getty Images Stock Photo  I liken social media to stand-up comedy. You can test various jokes or ideas and get instant feedback.  When I returned...

The Carr Report: Until ‘DEBT’ do us part 

Getty Images Stock Photo “I solemnly take thee to be my lawfully wedded spouse. For better or for worse, For RICHER OR POORER, through sickness...

The Carr Report: What to do if you lose your job? 

Getty Images Stock Photo I recently spoke to a friend of mine who’s been working with the same company for the last 27 years. She’s...

The Carr Report: Do’s and Don’ts of using credit cards 

Getty Images Stock Photo Credit cards are the most marketed loan product.  American Express says, “Don’t leave home without it!” Capital One wants to know,...

The Carr Report: Kids and Money 

Getty Images Stock Photo As parents we want our children to enjoy a better quality of life than what we had growing up. We’re willing...

The Carr Report: What to do if you win the Powerball

Getty Images Stock Photo I recently received this question on Facebook. “Damon, what do you believe should be the first steps for the winner of...

The Carr Report: Aspire to be rich…FILTHY RICH!!

Getty Images Stock Photo To be rich is to have an abundance of something.  To be filthy rich is to have an abundance of something...

The Carr Report: All about IRAs (Individual Retirement Accounts)

Getty Images Stock Photo When it comes to saving for retirement and wealth-building, taking advantage of tax advantged saving and investment accounts should be top...

The Carr Report: Nobody plans to fail! They just fail to plan!

Getty Images Stock Photo  Regardless of household income, most people are struggling financially. That’s right, it doesn’t matter if a person’s household income is $20,000...

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