Mcnay Settlement Group

Business Lessons From a Bookmaking Front

Don McNay | Posted 04.12.2012

Read More: McNay Settlement Group, Small Business, Low Wages, Bookmaking, Newport Kentucky, Son of a Son of a Gambler, Don McNay, Long Hours, Outsourcing, Dry Cleaners, Small Business America, Lottery Winners, Business News

There was one factor that made the dry cleaners a smart business decision. In its back room there was a bookmaking operation and an ongoing card game.

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Carl Kremer: The Coach You Want Your Child to Play For

Don McNay | Posted 04.30.2012

Kremer projects Midwestern values of focusing on the team instead of the individual. He beats a cupcake team by fifty points, but praises the opponent's "hustle" or "fighting spirit." I've tried to get him to trash talk, but Carl is not going to let that happen.

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Why Occupy Needs to Work With the One-and-a-Half Percenters

Don McNay | Posted 01.28.2012

Read More: McNay Settlement Group, The American Dream, 99 Percenters, Mayor Bloomberg, Wealth Without Wall Street, Move Your Money, Don McNay, Occupy Movement, Main Street, Occupy Wall Street, Move Your Money Campaign, Small Busines America, Arianna Huffington, Wall Street, Business News

If Americans set up their lives so that we depend less on Wall Street and Washington, both entities will notice. We will be hitting them in the place where it hurts the most: their wallet.

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Has Bank of America Pulled a Netflix?

Don McNay | Posted 12.05.2011

Read More: McNay Settlement Group, Structured Settlement, Bank of America, Kentucky Guardianship Administrators, A Main Street Guide to Making Money, Richmond Kentucky, Wealth Without Wall Street, Million Dollar Round Table, Lexington Kentucky, Don McNay, Move Your Money, Netflix, 468b Plans, Move Your Money Project, Netflix Stock, Business News

Three years after US taxpayers bailed Bank of America out by giving them part of the $700 billion bailout, they repaid Congress by slapping their customers in the face with a $5 a month fee for using a debit card. Bank of America may have sparked its "Netflix movement."

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Bernanke and the War on Senior Citizens

Don McNay | Posted 11.23.2011

Read More: McNay Settlement Group, Small Business, Get Rich Slowly, Kentucky Guardianship Administrators, A Main Street Guide to Making Money, Move Your Money, Common Sense Advice, Don McNay, Joe Nocera, The Fed, Main Street, Credit Cards, Senior Citizens, Wealth Without Wall Street, Vanderbilt University, New York Times, Eastern Kentucky University, Million Dollar Round Table, Arianna Huffington, Ben Bernanke, Wall Street, Small Business America, Huffington Post 50, Small Business News

If you follow what the Federal Reserve is doing, all the moves are designed to protect Wall Street at the expense of Main Street.

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Are You Ready to Jump Into the World of Self-Employment?

Don McNay | Posted 10.10.2011

Read More: McNay Settlement Group, Don McNay, Chuck Prince, Structured Settlement, Citigroup, Small Business, Thomas Stanley, Johnny Paycheck, Tom Peters, Bailouts, Main Street, Kentucky, Ford Motors, Millionaire Next Door, Cobra, Barbourville Kentucky, Sam Davies, Self-Employed, Wall Street, Wealth Without Wall Street, 401k, Lexmark, Health Insurance, Uaw, Entrepreneurship, Ibm, Life Insurance, Lottery Winners, Small Business America, Small Business News

If Americans like the idea of self-employment and know it presents the greatest opportunity for growth, what is stopping some of them from taking the plunge?

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Legalized Loan Sharks

Don McNay | Posted 09.28.2011

Read More: JP Morgan Chase, McNay Settlement Group, Citigroup, Richmond Kentucky, Loan Sharks, Payday Lenders, Financial Reform, Bailouts, Kentucky, Don McNay, Vanderbilt, Citizens for Responsiblity and Ethics, Gary Rivlin, Working Poor, Structured Settlements, Screw Andrews, Bank of America, Poverty Industry, Broke USA, Wealth Without Wall Street, Ohio, Newport Kentucky, Eastern Kentucky University, Million Dollar Round Table, Banks, Legalized Loan Sharks, American College, Too Big to Fail, Personal Finance, Personal Debt, Business News

"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.

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Elvis and the Definition of Happiness

Don McNay | Posted 11.17.2011

Read More: Kentucky Guardianship Administrators, Appalachian Regional Commission, Addictions, Lexington Herald Leader, Media, Kentucky Educational Television, Lottery Winners, Elvis, Russellville Kentucky, Ket, Martha Helen Smith, Al Smith, Living, American College, Comment on Kentucky, McNay Settlement Group, Structured Settlement, Institute for Rural Journalism, What to Do When You Win the Lottery, Entertainment, Richmond Kentucky, Alcholic, Aa, Hugh O?Brian Youth Leadership Organization, Don McNay, Elvis Presley, Dr. Al Smith, Memphis, Mike Behler, Vanderbilt University, College, Eastern Kentucky University, Million Dollar Round Table, Jimmy Carter, Son of a Son of a Gambler, University of Kentucky, Commencement, Commencement Central, Hoby, Healthy Living News

"I believe the key to happiness is someone to love, something to do, and something to look forward to." -Elvis Presley The King had it right. If...

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Betting on a 2011 Kentucky Derby Winner

Don McNay | Posted 07.05.2011

Read More: Kentucky Guardianship Administrators, Sunday Silence, Peter Asch, Kentucky Derby, Todd Pletcher, Horses, Racetrack Betting the Professors Guide to Strategies, Colonel Sanders, Vanderbilt, Aig, Pick 6, Arthur Hancock, Kentucky, Keeneland, Churchill Downs, Kfc, Lottery Winners, Lexington, McNay Settlement Group, Citigroup, Lottery, Richmond Kentucky, Books, Townes Van Zant, Super Saver, Richard E Quandi, Louisville, Rolling Stone, Calvin Borel, Million Dollar Round Table, Winners Losers and What to Do When You WIn the Lottery, Son of a Son of a Gambler, Eastern Kentucky University, Personal Finance, Rolling Stones, Horse Racing, Hunter S Thompson, Sports News

When making your Derby bet, forget all the high powered systems and strategies and give it your best guess.

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College Graduation: A Very Special Mother's Day Gift

Don McNay | Posted 07.04.2011

Read More: Electronic Media Broadcasting, The South, Mother's Day, Pete Rose, Robert Blythe, Cincinnati, Theresa McNay, Nick McNay, Richmond Ky, Slidepollajax, Mark Zuckerberg, Living, Grandma, Family, Impact, McNay Settlement Group, Above the Line Media, Mark Turner, Relationships, Ollie McNay, Richmond Kentucky, Graduation Day, Bill Gates, Don McNay, Parenting, Commencement Central, Structured Settlements, 4192, Cinematography, Edgewood Ky, Northern Kentucky University, College, Vanderbilt University, Proctor and Gamble, Single Mother, Eastern Kentucky University, Greatest Person of the Day, Million Dollar Round Table, Infomatics, College Life, Grandparenting, College News

Sunday, May 8 is Mother's Day this year. It is also graduation day at Northern Kentucky University. I'll be at Northern, watching my nephew, Nick McNay, go through the graduation procession.

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Ashley Judd and the Quest for Perfection

Don McNay | Posted 06.23.2011

Ashley Judd appears to have a perfect life, and being the sibling of a perfect child can be tough. Just like Wynonna, I have a problem with food.

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Keeneland: The Book

Don McNay | Posted 05.25.2011

Read More: Brad Lowell, Thoroughbred, Nick Nicholson, Maryjean Wall, Ted Bassett, Deidre Biles, Northern Kentucky, Keeneland Horse Sales, Richmond Ky, Covington Ky, Katie Couric, Louisville, Cincinnati, Kentucky, Lexington, Mills Brothers, Rick Bailey, Blood Horse Publications, Jacqueline Duke, North Carolina, McNay Settlement Group, Professional Gambler, Senator Wendell Ford, River Downs, Sharon Reynolds, Pebble Beach, Queen Elizabeth, Don McNay, Junior Johnson, CBS Evening News, What to Do When You Win the Lottery, Rena Baer, Fran Taylor, Rogers Beasley, Augusta, Keeneland: A Thoroughbred Legacy, Keeneland, Nascar, Son of a Son of a Gambler, Horse Racing, Kentucky Derby, Latonia, Gambling, Betting, Sports, Sports News

Just give me one more crack at the ol' race track -The Mills Brothers As the son of a professional gambler, I spent a lot of my childhood at race t...

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A Sensible Way to Deal with Addiction

Don McNay | Posted 11.17.2011

One Pill Makes You Larger One Pill Makes You Small And the ones that mother gives you Don't do anything at all - Jefferson Airplane My first expo...

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UPDATED: What to Do if You Win the Mega Million Jackpot & can you stay anonymous

Don McNay | Posted 05.25.2011

Read More: McNay Settlement Group, Structured Settlement, Lottery, Powerball, Kentucky, Don McNay, Mega Millions, Jack Whitaker, What to Do When You Win the Lottery, Richmond Ky, Steve Thornton, Banks, Million Dollar Round Table, Son of a Son of a Gambler, Bowling Green Ky, Personal Finance, Lottery Winners, Business News

You would think that after having overcome trillion-to-one odds, the idea of running through the money would seem silly to most lottery winners. But 90 percent of people do just that within five years of winning the jackpot.

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Bill Collectors Communicating With the Dead

Don McNay | Posted 05.25.2011

Read More: McNay Settlement Group, Msfs, Million Dollar Round Table., What to Do When You Win the Lottery, Jim Morrison, Richmond Kentucky, Chfc, Ghost, Portfolio Recovery Associates, Kurt Cobain, Kentucky, Don McNay, Mbna, Elvis Presley, Structured Settlements, Clu, True Logic, Mann Bracken, Debt Collectors, Wills, Fair Debt Collections Practices Act, Son of a Son of a Gambler, Banks, Cssc, Estate Planning, Estates, Personal Finance, Whoopi, Business News

The Wall Street Journal posted a story about Portfolio Recovery Associates, one of the nation's largest debt collectors, using the signature of a woman named Martha Kunkle, who died in 1995.

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Wealth Without Wall Street

Don McNay | Posted 05.25.2011

Read More: McNay Settlement Group, Dave Thomas, Small Business, Move Your Money, Papa John's, Kentucky, Lexington Herald Leader, Don McNay, Ted Gregory, Jeff Ruby, Structured Settlements, Kentucky Bar Association, American Trial Lawyers Association, Vanderbilt University, Wealth Without Wall Street, Richmond Ky, Cincinnati, Slidepollajax, Eastern Kentucky University, Montgomery Inn, Local First, Entrepreneurship, Personal Finance, Lexington, Kentucky Trial Lawyers, Credit Cards, Business News

If you trace the history of almost any national company, you'll find that somewhere along the way a story in a publication put that company in the spotlight.

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Have We Lost Our Common Sense?

Don McNay | Posted 05.25.2011

Read More: McNay Settlement Group, Pittsburgh Pirates, Structured Settlement, Bob Terrell, Back Roads, Small Town, Richmond Kentucky, Have We Lost Our Common Sense, Andy Griffith, Washington, Winners Losers and What to Do When You WIn the Lottery, Kentucky, Main Street, Don McNay, Los Angeles Lakers, Vanderbilt, Frank Selvy, Wall Street, US Marines, Kenny Chesney, Million Dollar Round Table, Son of a Son of a Gambler, Eastern Kentucky University, Roy Kidd, American College, Corbin Kentucky, Books News

Corbin, Kentucky's Bob Terrell is a man rooted in small-town wisdom.

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Byron Crawford, Bard of the Backroads

Don McNay | Posted 05.25.2011

Read More: McNay Settlement Group, Structured Settlement, Msfs, Kentucky Journalism Hall of Fame, Million Dollar Round Table., Lotteries, Chfc, Richmond Kentucky, Andy Griffith, John Mellencamp, Patrick Henry Hughes, Books, Kentucky, Don McNay, Elvis Presley, What to Do When You Win the Lottery, Clu, Oprah Winfrey, Louisville, Elvis, Extreme Home Makeover, Eric Crawford, Kentucky Footnotes, Courier Journal, Louisville Courier Journal, Rural Journalism, Son of a Son of a Gambler, Byron Crawford, Cssc, Lexington, Waky, Books News

Crawford's new book, Kentucky Footnotes, appears to be anthology of some his most interesting columns from his 29 years as an award-winning columnist. It's more than that.

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All the Devils Are Here: Best Business Book of the Year

Don McNay | Posted 05.25.2011

Read More: Bethany McLean, Gary Rivlin, Broke USA, Andrew Ross Sorkin, Financial Crisis, Joe Nocera, Wall Street, Nocera Mclean, All the Devils Are Here, Joe Nocera All the Devils Are Here, Henry Paulson, Hank Paulson, Vanderbilt, The Fed, Aig, Goldman Sachs, Cnbc, Gregory Zuckerman, American College, McNay Settlement Group, Lotteries, Books, Too Big to Fail, Vanity Fair, Kentucky, Fannie Mae, Don McNay, Michael Lewis, Fortune Magazine, Jim Cramer, Structured Settlements, Million Dollar Round Table, Eastern Kentucky University, Personal Finance, Roger Lowenstein, Business News

McLean and Nocera don't give us an idea as to where to look for angels. But the book is comprehensive, and I feel certain that all the devils are here.

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Financial Fitness and Physical Fitness

Don McNay | Posted 05.25.2011

Read More: Social Security, National Basketball Association, Global Economy, Defined Benefit Plans, Main Street, Retirement Account, donmcnay.com, China, Mutual Fund, Nba, Subprime, Immediate Annuity, American College, Entourage, Personal Finance, Tipping, Lottery Winners, Ira, McNay Settlement Group, Financial Security, Structured Settlement, Msfs, Bankruptcy, Chfc, Pensions, Risk Management, Move Your Money, Kentucky, Don McNay, Medicaid, Structured Settlement Annuity, Physical Fitness, Bill Gates, Antoine Walker, Obesity, Clu, Financial Habits, Savings Rate, Credit Cards, Wall Street, Vanderbilt University, Abraham Shakespeare, Million Dollar Round Table, Winners Losers and What to Do When You WIn the Lottery, Son of a Son of a Gambler, Eastern Kentucky University, Weight Watchers, Warren Buffett, Banks, Medicare, Cssc, Gdp, Annuity, Billionaire, Credit Unions, Business News

Most of us want to be physically fit, but very few of us are. The same holds true with financial security. As my father (and many others) used to say, "A lot of people want to go to heaven but no one wants to die to get there."

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

Don McNay | Posted 05.25.2011

Read More: Divorce, Lobbyists, Addictions, Glen Kleine, Kentucky Educational Television, Beatles, Addicts, Ket, Joan Kleine, Alcohol, Hollywood Train Wrecks, Living, Lottery Winners, McNay Settlement Group, Poverty, Richmond Kentucky, Maxed Out, Retirement, Books, Money Can't Buy Me Love, Self Actualization, Clu, Dave Ramsey, Louisville, Paul Overstreet, Million Dollar Round Table, Positive Role Models, Arianna Huffington, Abraham Maslow, NBA Basketball Players, Census Bureau, Wall Street Bonuses, Nicotine, Main Street, Drugs, Structured Settlement Consultant, donmcnay.com, Normal Life, Stress, Marriage, Unemployment, Big Money, Kentucky Authors Series, Substance Abuse, American College, All You Need Is Love, Msfs, Annuities, Howard Fineman, Chfc, Third World America, Pensions, Maslow Hierarchy of Needs, Sub Prime Mortgages, Don McNay, Obesity, The Daily Show, Economic Stability, Structured Settlements, Credit Cards, Wall Street, Jon Stewart, Vanderbilt University, Economic Chaos, Underemployment, Eastern Kentucky University, Personal Finance, Certified Structured Settlement Consultant, Slidepollajax, Move Your Money, Impact News

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.

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Be First in Your Age Group to Embrace Technology

Don McNay | Posted 05.25.2011

Read More: Bureaucracies, Iphone, Kentucky Guardianship Administrators, Universal Broadband, Winners, Economy, Bailouts, Att, American Pie, Texting, Gadgets, Senior Citizens, Driving Miss Daisy, Apple, Daisy Werthan, Technology, Lexington, Boolie Werthan, Personal Finance, Drunk Drivers, Google, McNay Settlement Group, Trial Lawyers, Msfs, Baby Boomers, Lotteries, Chfc, Land Line Phone, Kentucky, Don McNay, Video Conferencing, www.mcnay.com, Automated Cars, Ipad, Don McLean, Structured Settlements, Clu, Louisville, Vanderbilt University, Losers and What to Do When You Win the Lottery, Million Dollar Round Table, Son of a Son of a Gambler, Eastern Kentucky University, Computer Nerds, New York Times, Cssc, Google Car, Pda, Technology News

The New York Times recently had a fascinating article about a car that Google is working on that can drive itself. I want one.

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Eat, Pray, Love and the Economic Crisis

Don McNay | Posted 05.25.2011

Read More: Small Business, Kentucky Guardianship Administrators, Civil Rights Act, Eat Pray Love, Dr. Lawrence Summers, Lobbyists, Retirement Plans, Fox Business News, Main Street, donmcnay.com, The Fed, Student Loan Debt, Lawrence Summers, That's Amore, Harvard, Goldman Sachs, Dean Martin, Move Your Money, Opinion Polls, Timothy Geithner, Debt Free U, Bought and Paid For, American College, Wall Street Bonuses, Lottery Winners, McNay Settlement Group, Msfs, Italy, Zac Bissonnette, Life Insurance Companies, Pizza, Richmond Kentucky, Chfc, Books, Elizabeth Gilbert, Charlie Gasperino, Kentucky, Third World Nation, Don McNay, www.mcnay.com, Student Loans, Wall Street Compensation, Clu, 24 Hour News Cycle, Charles Gasperino, The Italians, Wall Street, Wealth Withouth Wall Street, Vanderbilt University, Million Dollar Round Table, Son of a Son of a Gambler, Eastern Kentucky University, Public Financing of Elections, Eat Pray Love Movie, Ben Bernanke, Personal Finance, Luigi Barzini, Fox News, Arianna Huffington, Cssc, Books News

Liz Gilbert said of Italy, "In a world of disorder and disaster and fraud, only artistic excellence is incorruptible." I have pondered her insight for weeks. I keep asking myself the essential question. Is the US headed the way of Italy?

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Bailouts Don't Work: The Lotto Winners Study

Don McNay | Posted 05.25.2011

Read More: Journal of Political Economy, Debt, Kentucky Guardianship Administrators, Lobbyists, Addictions, Bailouts, Vanderbilt, What to Do When You Win the Lottery, Goldman Sachs, University of Pittsburgh, Richmond Ky, The Ticket to Easy Street, Mark Hoekstra, Lottery Winners, McNay Settlement Group, Bankruptcy, Wealth Without Wall Street, Mr. T, Lakeland, Clu, The Financial Consequences of Winning the Lottery, Abraham Shakespeare, Million Dollar Round Table, Henry Paulson, Son of a Son of a Gambler, Cat Stevens, Ben Bernanke, Fantasy Five, mcnay.com, Rocky, Clubber Lang, Paige Marta Skiba, Tampa, Rocky II, Main Street, Obama, Lotto, donmcnay.com, Florida Bankruptcy, Orlando, Creditors, Big Money, Fed, Stimulus Package, Entourage, American College, Lexington, Scott Hankins, Msfs, Tax Credits, Government Regulators, Chfc, Move Your Money, Kentucky, Florida Lottery, Homeowners, Don McNay, Structured Settlements, Credit Cards, Wall Street, Vanderbilt University, Eastern Kentucky University, Personal Finance, University of Kentucky, Cssc, Too Big to Fail, Bad Habits, Posse, Business News

You can see why bailouts fail. Wall Street and lottery winners have a common bond. They have access to easy money without restraints.

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Is Main Street Ready for the Second Wave of the Recession?

Don McNay | Posted 05.25.2011

Read More: Kentucky Guardianship Administrators, Bailouts, Network, Lexington Kentucky, Cancer, McNay Settlement Group, Entrepreneurship, Citigroup, Richmond Kentucky, Lost Decade, Elvis Presley, Japan, Clu, Washington Lobbyists, Million Dollar Round Table, Banks, Ben Bernanke, Arianna Huffington, Alan Greenspan, Huffington Post, Peter Finch, Heart Attack, Credit Unions, Small Business, Community Banks, Federal Reserve Board, Washington, The Big Short, Main Street, Big Corporations, Bank of America, Unemployment, Elvis, Low Interest Rates, Fed, Federal Reserve, Private Sector, Move Your Money Campaign, Move Your Money, American College, Personal Finance, Msfs, Structured Settlement, Chfc, Car Loans, Wells Fargo, Tom Peters, Pensions, Kentucky, Don McNay, Kentucky Rain, Recession, Charities, Credit Cards, Wall Street, John Paulson, Vanderbilt University, Underemployment, Eastern Kentucky University, Double Dip Recession, Cssc, Too Big to Fail, Mad as Hell, Business News

The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.

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