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Kentucky Guardianship Administrators

New York Times Does Not Understand Main Street

Don McNay | Posted 05.25.2011 | Media
Don McNay

Reporting that Main Street was complicit in the financial meltdown is like blaming a murder victim for being in the wrong place at the wrong time.

What Are We Going to Do About Gambling Addicts?

Don McNay | Posted 05.25.2011 | Business
Don McNay

My solution to gambling addiction would be same one that seems to be helping keep track of sexual predators: A national registry. If widely shared, such a list could prevent addicts from any legalized gambling.

When to Take a Severance Package

Don McNay | Posted 05.25.2011 | Business
Don McNay

Companies offering severance packages have generally sold the concept of lifetime employment concept. They are not places that fire employees without warning.

The "Don't Ever Give Up" Business Plan

Don McNay | Posted 05.25.2011 | Business
Don McNay

Seth Godin, who has helped thousands of entrepreneurs be productive, says that business people never realize that with a little bit of push, they can move past a seeming dead end and reach business success. I hope that is true in my case.

"Can't-Lose" Business Investments

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Funny how falling feels like flying, for a little while." - Academy Award Winner Jeff Bridges in Crazy Heart I've been making the final edits on ...

Things About Money You Don't Learn in College

Don McNay | Posted 05.25.2011 | College
Don McNay

College seniors are entering a world of money -- and without very much preparation for what is about to hit them.

Tearing Up the Lotto Ticket

Don McNay | Posted 05.25.2011 | Business
Don McNay

Almost all of us have our own "lotto moment." We make decisions about money that will either give us long term security and happiness or bring on pain and regret.

Abraham Shakespeare: Death by Lottery (video)

Don McNay | Posted 05.25.2011 | Business
Don McNay

http://www.youtube.com/user/mcnayonthemoney#p/a/u/0/t-nYOCaF2cM Here's a video of my comments on the death of Florida Lotto winner Abraham Shakespe...

Just Say "No" to Adult Children Wanting Money (Video)

Don McNay | Posted 05.25.2011 | Business
Don McNay

Why people should not give money to their adult children.

Death By Lottery

Don McNay | Posted 05.25.2011 | Business
Don McNay

Abraham Shakespeare should have been on top of the world. In 2006, he won $16.9 million in the Florida lottery. Last week, they found his body buried five feet deep under concrete.

Washington: Totally Disconnected From Main Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.

Advice for the Unknown Lottery Winner

Don McNay | Posted 05.25.2011 | Business
Don McNay

After having overcome trillion-to-one odds, the idea of running through the money would seem silly to most winners. However, studies shows that 90% of people blow all their money within five years of winning the jackpot.

It's Time to Teach Children About Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

I'm convinced that most of the mistakes made handling money result from lack of information and bad habits formed in childhood.

2010: The Year Main Street Sticks It to Wall Street and Washington

Don McNay | Posted 05.25.2011 | Business
Don McNay

If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.

Postage and Other Economic Outrages Against Soldiers

Don McNay | Posted 05.25.2011 | Business
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Don McNay

America ships soldiers off to Afghanistan and Iraq for free. If you come back in a body bag, they ship that back for free, too. However, we make families who send soldiers socks, food and underwear pay shipping costs.

Small Town Values in a Big Time Lawyer

Don McNay | Posted 05.25.2011 | Impact
Don McNay

It could be that President Obama is a small town guy after all. His early adulthood on the south side of Chicago is where he found a "small town" environment that embraced him.

Just Say "No" to Adult Children Wanting Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.

Is Credit Evil?

Don McNay | Posted 05.25.2011 | Business
Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.