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Children Getting Too Much Money, Too Soon

Don McNay | Posted 05.25.2011 | Business
Don McNay

Many young people who blow their money look back and wish they had a second chance to do it right.

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.

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.

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.

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.

Playing the Hand that Life Deals You

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

Getting Rich and the Marshmallow

Don McNay | Posted 05.25.2011 | Business
Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.