The Carr Report: If you’re broke after Christmas, you’ll probably be broke after retirement

Getty Images Stock Photo A good friend of mine suggested that I write an article based on the premise of how to get back on track financially after the holidays. I responded by saying, “Wow! That’s a good idea. I never thought of that.” Dumbfounded by my response my friend said, “all of the financial writers are writing about Christmas blues and holiday hangovers. I can’t believe you never thought about writing on this subject.” As I began to reflect on ideas to write about regarding how to help people bounce back financially after spending themselves BROKE during the holidays, I thought to myself, “I help people get back on track and get ahead financially EVERY DAY. Why would my advice be any different because it’s a HOLIDAY?” I began to ask questions: How can millions upon millions of people go broke each and every year after the holidays? We all know that Christmas falls on the 25th of December every year, yet, millions of people act as if Christmas snuck up behind them, tapped them on the shoulder, and yelled—SURPRISE, I’m here! Do people think that time would stand still until they decided to be proactive and make provisions...