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Certified Structured Settlement Consultant

Josh Hamilton, Pete Rose and the Power of Redemption

Don McNay | Posted 05.25.2011 | Sports
Don McNay

Amazing Grace, how sweet the sound, That saved a wretch like me. John Newton Before he played in his first major league baseball game in 2007, I ...

Third World America: Is Living a Normal Life a Political Statement?

Don McNay | Posted 05.25.2011 | Impact
Don McNay

America is going through economic chaos. But a lot of other things are going on, too. There aren't enough of us living normal, stable lives.

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Business
Don McNay

If there was ever a shining example of why you should Move Your Money from Wall Street, legalized loan sharking is a good one.

Money and the Magic Pill

Don McNay | Posted 05.25.2011 | Business
Don McNay

Right now, the top six "too big to fail" banks control about 70% of the wealth in America. Here's how we can all change that.

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

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.

Things to Consider When Taking a Buyout or Severance Package (Video)

Don McNay | Posted 05.25.2011 | Business
Don McNay

I've found that people leaving old line companies, even with a severance package, were more bitter than those where companies treated employees like interchangeable parts.

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 ...

My Day at the Racino

Don McNay | Posted 05.25.2011 | Business
Don McNay

My home state of Kentucky has been knocking around the idea of allowing slot machines at race tracks. I've been to a number of casinos with slot machines. But I had never been to a race track with slot machines, at least until last week.

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...

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.

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.

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.

Video of What To Do When You Win the Lottery

Don McNay | Posted 05.25.2011 | Business
Don McNay

This video of Greg Stotelmyer of ABC36 in Lexington, Ky interviewing Don McNay, author of Son of a Son of a Gambler: What To Do When You Win The Lo...

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.

Like Lottery Winners, Pro Athletes Also Blow Big Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

Even as a structured settlement consultant, I was stunned to learn that within two years of retirement, 78 percent of NFL players are bankrupt or under financial stress.

The Lottery Question

Don McNay | Posted 05.25.2011 | Business
Don McNay

Everyone has dreams and desires but usually keep them hidden, back in the recesses of their minds. The lottery question gets those dreams and desires out in the open, on the front burner.

Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 05.25.2011 | Business
Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

Free and The Search for Economic Innovation

Don McNay | Posted 05.25.2011 | Business
Don McNay

As we look at life after the financial crisis, we need to turn traditional thinking on its head. Picking up a copy of Chris Anderson's Free is a good place to start.

Renegade and Dreams of My Absent Father

Don McNay | Posted 05.25.2011 | Media
Don McNay

Obama's election was not only a door opener for people of color. It also showed that people with absent dads, or no dad at all, can grow up and live in the White House.