iOS app Android app

Mcnay Consulting

Winning in a Race of Life, Death and Renewal

Don McNay | Posted 06.08.2015 | Business
Don McNay

June 5 was a big day for me. The Tuttle Tots 3K in Carrollton, Kentucky was the first time I had been in a running race in 26 years, and I came in second in my age division. The day before, I had a medical checkup that confirmed that I had lost over 90 pounds in the past six months.

Annuities, Experts and My Losing 90 Pounds

Don McNay | Posted 05.21.2015 | Business
Don McNay

I was in a coffee shop, having breakfast with my daughter, Angela Luhys, on a week when my weight loss had reached the 90 pound mark since November. While sharing this great milestone with Angela, the guy in the booth behind me was trying to sell an annuity.

Picking Experts and the Quest for Great Weight Loss Surgery

Don McNay | Posted 01.28.2015 | Business
Don McNay

The best way to have a successful weight loss surgery is to treat it like a business project. I have definite goals, measurements, objectives, benchmarks, time frames and a vision on where I want to be within a year.

Impossible Goals and My Quest to Lose 175 Pounds

Don McNay | Posted 01.01.2015 | Business
Don McNay

Some people think aiming to lose 175 pounds is insane. For me, it is the only way to get there. When I've set "impossible" goals in a business setting, I've always made them. I get excited and motivated. Small goals don't interest me at all.

Debtor's Prisons in Kentucky and Other Horrors of the Justice System

Don McNay | Posted 12.13.2014 | Crime
Don McNay

What is going on in Kentucky is apparently going on in various pockets of the nation. It has to stop because it is wrong. It also has to stop unless the rulings of the Supreme Court mean nothing to people charged with upholding them.

Why the Decrease in Unions and Defined Benefit Retirement Plans Hurts Us All

Don McNay | Posted 10.29.2014 | Business
Don McNay

Is there a correlation between the drop in unions and the drop in defined benefits plans? It certainly seems like it. As defined benefit plans are going away, so is the safety net for older Americans. Most bankruptcy filers are under age 54, but there is a steady rise in bankruptcies of people over age 55.

A Main Street Way to Help Obese People

Don McNay | Posted 10.24.2014 | Business
Don McNay

"Don't you know things can change Things'll go your way If you can hold on for one more day" -Wilson Phillips I'm 55 years old and morbidly obese. ...

Same Sex Marriage, Taxes and Winning the Lottery

Don McNay | Posted 10.10.2014 | Business
Don McNay

The first step that all seriously committed couples, same sex or heterosexual, should do is find a competent financial planner to help them plot out a well thought out strategy.

The Hall of Fame and Dead Kentucky Lawyers

Don McNay | Posted 09.04.2014 | Business
Don McNay

It was a session of the Kentucky Bar Association, but it felt like a wake. A reasonably large crowd came to hear about the downbeat topic of attorney suicides. Two years ago, a number of Kentucky attorneys took their own lives.

Lessons From the School of Hard Knocks

Don McNay | Posted 03.04.2012 | Small Business
Don McNay

After nearly 30 years of helping people with their money, I figured out long ago that financial issues were rarely about rates of return or asset allocation. Money is usually about emotions. Most of the time, people are using money to buy something that is missing in their lives.