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Don Mcnay

Al Smith: A Trip From Darkness to Glory

Don McNay | Posted 01.01.2012 | Home
Don McNay

What makes Wordsmith a fascinating book is Smith's life and the gut-wrenching honesty with which he tells the story of how he overcame self-destruction. It might be one of the best books written about overcoming the grips of alcohol addiction.

Becoming an Expert in Any Field

Don McNay | Posted 12.25.2011 | Business
Don McNay

There is a misconception by some business people that one media appearance can make a business an "overnight sensation." I've seen people spend too much time pursuing that "lucky break."

Baby Boomer's Method to Occupy Wall Street

Don McNay | Posted 12.07.2011 | Fifty
Don McNay

If I were 22 instead of 52, I'd probably be out on the streets. Instead, like most baby boomers, I'm watching the revolution on television. And supporting the protesters in a middle-aged way.

Has Bank of America Pulled a Netflix?

Don McNay | Posted 12.05.2011 | Business
Don McNay

Three years after US taxpayers bailed Bank of America out by giving them part of the $700 billion bailout, they repaid Congress by slapping their customers in the face with a $5 a month fee for using a debit card. Bank of America may have sparked its "Netflix movement."

Bernanke and the War on Senior Citizens

Don McNay | Posted 11.23.2011 | Small Business
Don McNay

If you follow what the Federal Reserve is doing, all the moves are designed to protect Wall Street at the expense of Main Street.

Small Town Publisher With Big Time Impact

Don McNay | Posted 11.22.2011 | Impact
Don McNay

Countless people have told me their personal stories about something Al did to make a difference in their lives. Al doesn't discriminate. I've had multimillionaires, manual laborers and journalists all tell me their stories about how Dr. Smith touched their lives.

Are You Cut Out to Own Your Own Business?

Don McNay | Posted 11.15.2011 | Business
Don McNay

Most people want a regular work routine. Their lives are based on forty-hour work weeks and steady paychecks. When people tell me they want to start their own business, I ask them whether they can really live without regular income.

Bob Edwards: A Voice in the Box

Don McNay | Posted 11.08.2011 | Home
Don McNay

The "juicy part" of the book was the story of Edwards' controversial firing from Morning Edition. Although Bob does not dig up a lot of dirty laundry on people in the book, he does tell his story completely and fully.

September 11 Anniversary: A Chance for Main Street to Reflect and Take Economic Action

Don McNay | Posted 11.02.2011 | Business
Don McNay

Until Washington gets the courage to trust the American people to handle hard and sobering decisions -- and develops a plan of action that does not favor one interest group over another -- real economic solutions are not going to come from Washington.

It's Time to Talk About Insurance, Even If You Don't Want To

Don McNay | Posted 10.24.2011 | Business
Don McNay

As people work to make money on Main Street, insurance plays a key role in making sure that an illness, fire, or accident does not put them out of business and that the financial goals for families and charities are met if the person who set the goals dies before they are achieved.

My Story: Why People Need Wills

Don McNay | Posted 10.17.2011 | Business
Don McNay

I have a will. I tell anyone who comes in my door to get one. No matter how old or young, rich or poor, I tell them they need a document that will specify what happens with their assets when they die.

Help for Main Street, Not Wall Street

Don McNay | Posted 10.15.2011 | Small Business
Don McNay

Washington and Wall Street are tied at the hip and spend most of the time talking only to each other. They are connected socially and economically and have media outlets devoted to promoting their philosophies.

Getting Rich Slowly

Don McNay | Posted 10.12.2011 | Business
Don McNay

Because the money is harder to access, people who take structured settlements are more likely to "get rich slowly" than my professional clients who can cash in a mutual fund or stock whenever they want.

Are You Ready to Jump Into the World of Self-Employment?

Don McNay | Posted 10.10.2011 | Small Business
Don McNay

If Americans like the idea of self-employment and know it presents the greatest opportunity for growth, what is stopping some of them from taking the plunge?

Rise of Political Consultants: When the Washington-Main Street Disconnect Began

Don McNay | Posted 10.07.2011 | Business
Don McNay

For many years, the two parties were the Democrats and the Republicans. Now I view it as people who depend on Wall Street versus people who don't depend on Wall Street.

Legalized Loan Sharks

Don McNay | Posted 09.28.2011 | Business
Don McNay

"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.

Hillbilly Stereotypes Spark Controversy in Kentucky Election

Don McNay | Posted 08.22.2011 | Politics
Don McNay

Just like in other recent political scandals, the first bit of news breaking from YouTube and social networks on Bob Farmer's jokes about Eastern Kentuckians has sparked a flood of additional information about Farmer on the internet.

LeBron and the Entourage

Don McNay | Posted 08.14.2011 | Sports
Don McNay

A real friend would tell a guy like LeBron James that he is really messing up his image and his brand. But his yes-men entourage never will. They don't want to get kicked off the gravy train.

What to Consider When Offered a Severance Package

Don McNay | Posted 07.28.2011 | Business
Don McNay

Economic decisions shouldn't be ignored. Some severance packages are lucrative and offered on a one time basis. Financial considerations are one part of the package, not the whole package.

A Different Look at Life Insurance

Don McNay | Posted 07.14.2011 | Business
Don McNay

Why give your family a lump sum and have them blow it? Most insurance policies have options to pay out over time, but few people use them. It limits them to the terms of the insurance company. Thus, I came up with a simple system.

Elvis and the Definition of Happiness

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

"I believe the key to happiness is someone to love, something to do, and something to look forward to." -Elvis Presley The King had it right. If...

College Graduation: A Very Special Mother's Day Gift

Don McNay | Posted 07.04.2011 | College
Don McNay

Sunday, May 8 is Mother's Day this year. It is also graduation day at Northern Kentucky University. I'll be at Northern, watching my nephew, Nick McNay, go through the graduation procession.

Ashley Judd and the Quest for Perfection

Don McNay | Posted 06.23.2011 | Home
Don McNay

Ashley Judd appears to have a perfect life, and being the sibling of a perfect child can be tough. Just like Wynonna, I have a problem with food.

Wisdom From a Wealth Wizard

Don McNay | Posted 06.09.2011 | Business
Don McNay

I've spent nearly 30 years around the financial business. I've known a lot of "paper gurus" who can talk a decent game but really don't practice what they preach.

The Person We Should Be Moving Our Money to

Don McNay | Posted 05.28.2011 | Business
Don McNay

Over 4 million people moved their money from Wall Street Banks in 2010, according to Sara Ackerman, project coordinator for Move Your Money. I bought...