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The Carr Report: Money Psychology

Damon Carr -
Personal finance is more personal than it is math. In fact, personal finance is 80 percent personal and 20 percent finance. In other words,...
Business

The Carr Report: The IRS can’t touch this income!

Damon Carr -
As I was thinking of a title for this article, MC Hammer’s “U Can’t Touch This” song started playing in my head. So I...
Business

The Carr Report: Black, single mom with $400,000 in her employer sponsored retirement plan!!

Damon Carr -
I recently received an inbox message from a tax client and soon-to-be financial planning client of mine: “Gm! You’re my finance guy, so I...
Business

The Carr Report: Elderly woman was told a whole lie about her Whole Life Insurance policy

Damon Carr -
I recently read an article from “Moneywise.” This article shares a story about a 72-year-old woman whose life insurance policy is being terminated despite...
Business

The Carr Report: Social Security Pop Quiz

Damon Carr -
How much do you know about social se­curity? MassMutual recently gave a social se­curity true/false quiz to 1,500 individuals ages 55 through 65. According to...
Business

The Carr Report: How much should you have saved for retirement at every age?

Damon Carr -
Getty Images Stock Photo There’s a popular meme floating around on social media that states, “I have enough money saved to live comfortably for the...
Business

The Carr Report: Can He Retire?

Damon Carr -
Getty Images Stock Photo I recently came across this article pub­lished on www.marketwatch.com. “I’m 66. We have more than $2 million, I just want to golf—can...
Business

The Carr Report: Take the Financial Literacy Pop Quiz

Damon Carr -
Getty Images Stock Photo I listened to a personal finance podcast, “The Truth About Your Future,” this past weekend. The topic was about accredited investors. ...
Business

The Carr Report: Can you call it ‘rapid refund’ when it’s 365 days late?

Damon Carr -
Getty Images Stock Photo Tax time is upon us. This is the time when Uncle Sam mandates that we reconcile taxes that were collected throughout...
12 Voices

The Carr Report: Saving Challenge 2024

Damon Carr -
Getty Images Stock Photo In 2021, I received an inbox message from a friend. She informed me about a “Saving Challenge” she was inspired to...
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