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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.

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.

Kentucky's Ultimate Watchdog Journalist

Don McNay | Posted 05.25.2011 | Media
Don McNay

In April, Al Cross is being inducted in the Kentucky Journalism Hall of Fame. No one worked harder or longer to gather all the nuances of a story than Al Cross.

Money, Sex and Hot (Broke) Messes

Don McNay | Posted 05.25.2011 | Business
Don McNay

People looking to solve financial problems are also looking for empathy. Instead, the message they often receive from books about money is "I'm OK and you're an idiot."

"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.

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.

Valentine's Day and Leaving a Tip for the "Little People"

Don McNay | Posted 05.25.2011 | Business
Don McNay

Take a good look around and if you're looking down Put a little love in your heart -Jackie DeShannon In the early 1990's, I was one of the nation...

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.

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
Read More: Military Families, US Soldiers in Afghanistan, Kentucky Guardianship Administrators, Working Class Families, Economic War, Bailouts, Christmas, Armed Services Committee, Fahrenheit 9/11, Working Class, Fort Campbell, Cnbc, Media Cycle, US Armed Services, Mutual Funds, Diana Henriques, Military, Army, Richmond Ky, Tiger Woods, HR 707, Check Cashing Companies, Air Force Marines, Postal Service, Navy, McNay Settlement Group, Popcorn, US Soldiers, Weapons of Mass Destruction, Federal Express, Postage Stamp, Senate Armed Services Committee, Congress, Support Troops, Fox Business News, House Armed Services Committee, Clu, Tiger Woods Mistresses, Soldiers, The American College, Lonely Soldier, Million Dollar Round Table, Fidelity Destiny Fund, NY Times, War Zone, Bobby Vinton, Ups, HR 2126, US Military, Main Street, Stars and Stripes, Iraq, Walter Reed Army Medical Center, Fox, Media, Kentucky Guardianship Administrators LLC, Peter Lynch, Wall Street Bailouts, Unemployment, Postage, Financial Crisis, Trillion Dollar Deficits, Lily Tomlin, US Soldiers Iraq, Lexington, Fidelity Investments, Structured Settlement, Msfs, Chfc, Economic Crisis, Payday Lenders, Body Armor, Kentucky, Don McNay, Fort Knox, Usps, Contractual Mutual Fund, Dhl, Tiger Woods Affair, Letters, House Armed Service Committee, Cnn, Wall Street, Vanderbilt University, Tax Refund Anticipation Loans, Eastern Kentucky University, Certified Structured Settlement Consultant, Afghanistan, Michael Moore, Cssc, Annuity, Life Insurance, Too Big to Fail, Body Bag, Annuites, Walter Reed, hb404, Business News
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.

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...

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.

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.