Get A Grip On Your Money with Damon Carr - podcast cover

Get A Grip On Your Money with Damon Carr

Financial Planner, Money Coach, Tax Pro Personal Finance Journalist Damon Carr Helps Everyday People Get A Grip On Their Money. In this Podcast Damon will delve into articles he’s written in his Personal Finance Column “The Carr Report” and “Ask Damon” E-Newsletter and he’ll discuss Trending Topics in the news about money
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Episodes

𝐌𝐚𝐫𝐭𝐡𝐚 𝐒𝐭𝐞𝐰𝐚𝐫𝐭 𝐋𝐢𝐯𝐢𝐧𝐠 𝐦𝐚𝐝𝐞 𝐡𝐞𝐫 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐬𝐞𝐥𝐟-𝐦𝐚𝐝𝐞 𝐁𝐢𝐥𝐥𝐢𝐨𝐧𝐚𝐢𝐫𝐞! 💰#marthastewart #marthastewartliving

Martha Stewart’s rise to fame as a lifestyle entrepreneur and the first female self-made billionaire is a testament to her vision and work ethic. Her influence on American homemaking and lifestyle media has been profound, and her brand continues to thrive in various forms today, encompassing everything from cooking shows to home décor products.

Nov 13, 202458 sec

Spending Less vs. Earning More. Which Path Leads to Financial Freedom? 💰 #SmartMoneyMoves

Spending Less vs. Earning More: Which Path Leads to Financial Freedom? The age-old question in personal finance: is financial success built by spending less or by earning more? Many see this as an either-or situation, but I believe the answer lies in balancing both. Each approach has unique advantages and limitations, and mastering your finances means knowing when and how to apply each.

Nov 12, 202459 sec

🏀 Less known NBA legends who struck gold off the court? 💰

Each of these players built their post-NBA wealth through distinct paths: • Junior Bridgeman leveraged franchises and the food industry. • Vinnie Johnson succeeded with an automotive supply company. • Luol Deng expanded his wealth through real estate investments. • Dave Bing established a steel manufacturing company and transitioned into public service. Their stories highlight how disciplined investment, smart business decisions, and capitalizing on market needs can build substantial wealth even...

Nov 11, 202458 sec

🚨Social Security Isn’t Enough!

Saving for Retirement and Social SecurityDon't Rely Solely on Social Security: Average retired worker receives $23,000 annually, insufficient for basic expenses and unexpected costs.Key takeaway: Save for retirement independently. Estimating Future Social Security Benefits:Access your most recent earnings statement on the Social Security Administration website.Key takeaway: Estimate future benefits by multiplying your monthly benefit by 12.Factors Affecting Social Security Estimates:Time Until R...

Nov 11, 202459 sec

Retirement Wealth Levels Explained 💸 #retirementplanning #wealth building

Retirement looks different for everyone, but one thing remains constant: the lifestyle you enjoy depends on the wealth you’ve built. From covering basic essentials to living in complete financial freedom, each level of retirement wealth comes with its own possibilities and limitations. Understanding these levels can help you set realistic goals, plan for your future, and work toward a retirement that reflects the life you want. Whether you aim for comfort or aspire to create a lasting legacy, kn...

Nov 10, 202457 sec

Doom Spending: How Emotional Buying Can Wreck Your Finances..

Doom spending” is a term used to describe a psychological phenomenon where people spend money impulsively or excessively as a way to cope with stress, anxiety, or feelings of impending doom—often triggered by global crises, economic downturns, or personal struggles. The term is closely related to “doomscrolling,” where people consume excessive amounts of negative news, leading to feelings of helplessness or distress.

Nov 08, 202457 sec

🇺🇸 What’s next for Kamala Harris after the 2024 election?

In her concession speech, Vice President Kamala Harris acknowledged the outcome of the 2024 election, expressing gratitude to her supporters and reflecting on the achievements of the past administration. With poise and determination, Harris pledged to continue advocating for issues close to her heart, including gun control, women’s rights, and equality. She emphasized the importance of these causes, noting that they would remain central to her future efforts, regardless of her role in public off...

Nov 07, 202458 sec

Retire Today with $500K or Work 5 More Years for $1M? What you doing?

Should You Retire Today with $500,000 or Work 5 More Years for $1 Million? Deciding between an early retirement with $500,000 or working an additional five years to retire with $1 million presents a dilemma with significant lifestyle and financial implications. Both options have their advantages and disadvantages, and the right choice depends on individual circumstances, risk tolerance, and personal goals. #RetirementPlanning #FinancialFreedom #EarlyRetirement #MillionDollarDecision...

Nov 07, 202458 sec

🇺🇸 “𝐓𝐫𝐮𝐦𝐩’𝐬 𝐒𝐞𝐜𝐨𝐧𝐝 𝐓𝐞𝐫𝐦: 𝐁𝐨𝐥𝐝 𝐌𝐨𝐯𝐞𝐬 𝐚𝐧𝐝 𝐁𝐢𝐠 𝐏𝐫𝐨𝐦𝐢𝐬𝐞𝐬 – 𝐖𝐡𝐚𝐭 𝐭𝐨 𝐄𝐱𝐩𝐞𝐜𝐭!”

Evaluating whether Donald Trump will be an effective president in his second term involves examining his first-term accomplishments and his current policy proposals. #𝐓𝐫𝐮𝐦𝐩𝟐𝟎𝟐𝟒 #𝐒𝐞𝐜𝐨𝐧𝐝𝐓𝐞𝐫𝐦 #𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐅𝐢𝐫𝐬𝐭

Nov 06, 202457 sec

Opportunity Cost: The Wealth Killer You Didn’t See Coming 💸

Opportunity cost is a fundamental concept in economics that many people overlook when making everyday financial decisions. Simply put, opportunity cost refers to the value of the next best alternative you forgo when you make a choice. It serves as a constant reminder that money is finite, and spending or investing it one way inevitably limits your ability to use it elsewhere. A keen understanding of opportunity cost is essential for anyone aiming to make sound financial decisions, especially tho...

Nov 05, 202459 sec

From Comedy Skits to Streaming Stardom: The Rise of Kai Cenat 📲 #SocialMediaStar #ContentCreator

Kai Cenat, born on December 16, 2001, in New York, is a social media influencer, comedian, and content creator who gained massive popularity through his engaging and humorous content. He started on platforms like Instagram and TikTok, where his comedic skits and relatable humor caught the attention of young audiences. His presence on YouTube expanded his reach as he produced a variety of content, including vlogs, prank videos, and reaction videos.

Nov 05, 202459 sec

😳 The Hidden Cost of Free: How Marketers Make You the Product!

The phrase “If the product is free, then you’re the product” refers to the reality that when you don’t pay money for a service or product, your data, behavior, or attention is often being sold instead. Many businesses operate by giving free access to platforms, apps, or content, but they extract value from you in other ways. Here’s how marketers and companies do it:

Nov 04, 202455 sec

Ric Edelman’s Top Financial Tips! 💸💵

Ric Edelman is a prominent American financial advisor, author, and radio personality, renowned for his expertise in personal finance and investment strategies. He co-founded Edelman Financial Engines, which has grown into one of the largest independent Registered Investment Advisory firms in the United States, managing over $270 billion in assets.

Nov 02, 202457 sec

Car Guardrails: Avoid Getting Pimped by Your Ride! 🚘 💸

It’s been said that the worst accidents happen in the finance room when you sign the car note. That nauseous feeling you feel in the pit of your stomach when it’s time to make the car payment is what I call “car sickiness”! Have you ever wondered why cars are nicknamed whips in hip-hop culture? Because those car payments are whipping your ass! Americans are literally being pimped by their rides!

Nov 01, 202458 sec

Regina King Is A Hollywood Queen 👑💫

Regina King began her career as a child actress, gaining initial recognition with the television series 227 (1985-1990). Her transition to film in the 1990s brought notable roles in Boyz n the Hood (1991), Friday (1995), and Jerry Maguire (1996). Her career trajectory includes a range of performances in both comedic and dramatic roles, leading to a reputation as a reliable and dynamic actress.

Nov 01, 202454 sec

College Guardrails: Minimize Student Loan Debt! 💸

College: Make Smart Choices About Education and Debt 🎓 You can lead a kid to college, but you can’t make them think. It’s time to put your thinking cap on, Joe College. Higher education costs keep rising every year, while starting salaries for graduates remain stagnant. Though you can’t control tuition rates, you can manage how much debt you take on to earn your degree.

Oct 31, 202457 sec

Tyler Perry: From Hardship to Hollywood – The Billionaire’s Blueprint 💫

Tyler Perry’s journey to fame and billionaire status is a story of resilience, creativity, and entrepreneurship. He rose from a difficult childhood marked by poverty and abuse, eventually breaking into the entertainment industry through his unique storytelling. Perry initially gained attention in the late 1990s with stage plays he wrote, directed, and produced, featuring the character Madea . These plays, which combined humor with life lessons, resonated strongly with African American audiences ...

Oct 31, 202457 sec

Personal Loan Guardrails to help you avoid personal bankruptcy! 💸

Personal loans differ from credit cards – you get a lump sum and pay it back in fixed monthly installments. And good news – their interest rates are usually lower than credit cards! They can be secured or unsecured, meaning with or without collateral.

Oct 30, 202459 sec

Housing Guardrails to protect your finances from falling in the gutter. 🏡💵

Homeownership is part of the American Dream, but it shouldn’t come at the expense of other life necessities. Follow these guardrails to ensure your housing costs support your overall financial goals, rather than limit them. Thanks for tuning in! Subscribe, like, and share for more financial tips!

Oct 28, 202456 sec

Superman of the Gridiron: Cam Newton’s Explosive Journey to NFL Stardom 🏈💫

Cam Newton burst onto the football scene like a force of nature, redefining the quarterback position with his rare blend of athleticism, power, and charisma. From dominating college football to leading the Carolina Panthers to a Super Bowl, Newton’s rise to superstardom was fueled by his unique ability to excel both as a passer and a runner, leaving an indelible mark on the NFL and sports culture alike.

Oct 26, 202457 sec

The Irony of Romance & Finance! 💔

The Irony of Romance and Finance The Contrast: Romance: Passion, spontaneity, emotional connection Finance: Discipline, budgeting, rational decision-makingThe Collision: Love intertwined with spreadsheets, credit scores, and shared expensesIrony: Romance's grand gestures meet the reality of negotiating bills and managing finances. The Essence: Deep emotional connection (love) requires practical financial management. The idealized version of romance vs. the realities of managing finances....

Oct 25, 202455 sec

Nia Long: From Boyz In The Hood To Hollywood Star 💫

Nia Long’s rise to fame is a story of perseverance and talent, evolving from a young actress in the 90s to a beloved icon in Hollywood, celebrated for her dynamic roles in both film and television.

Oct 25, 202455 sec
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