Posted: 12/02/2009 - Words that Work
Posted: 12/02/2009 - Words that Work
Posted: 10/28/2009 - There is one thing I would not want to be right now: an incumbent politician. From the President to the dog catcher, many in elective office are suffering from rapidly declining popularity. People are angry and broke.
Posted: 10/28/2009 - It seems like every family has one - - the Child Who Never Grew Up. They mooch off their parents well into their "adulthood." They frequently need to "borrow" money, with no intention of paying it back. They always have car problems, relationship problems, "bad luck" or other sob stories. All their problems have the same proposed solution: Money from mom and dad.
Posted: 10/14/2009 - Many of my columns are about people who make bad financial decisions. People who take out payday loans and run up debts on high-interest credit cards. People who play the lottery and gamble too much at casinos.
Updated: 10/12/2009 - For all my adult life, I've assisted trial attorneys with structured settlements. I've worked with big names in big cities but the best seem to come from small towns.
Posted: 10/01/2009 - Tom Leach, the voice of the University of Kentucky Wildcats, gave me a fascinating Sports Illustrated article entitled, How (and Why) Athletes Go Broke. To quote baseball legend Yogi Berra, it is “Déjà vu all over again.
Posted: 09/08/2009 - As a structured settlement consultant, I go to mediations and settlement conferences with people who anticipate receiving large sums of money. I ask every person the same question.
Posted: 08/25/2009 - CNBC superstar Maria Bartiromo, Fox Business News host Dave Ramsey and myself have one thing in common. None of us have credit cards.
Posted: 08/16/2009 - For the past decade, our leaders decided that the rules of economics didn’t apply. It got us into a financial crisis. Washington and Wall Street rewarded bad behavior instead of providing incentives for doing things right.
Updated: 08/16/2009 - When people tell me they want to start their own business, I ask them if they can really live without a regular income. I tell them to talk to their families and get their honest answers. I ask them if they could stand to go weeks or months without money coming in and how they would deal with it. They need to understand they are trading their steady paycheck for an “unsteady paycheck.”
Posted: 08/10/2009 - Former CIGNA insurance executive Wendell Potter was on Bill Moyers Journal a few weeks ago and cited a stunning statistic. When the Clintons were debating health care in the early 1990’s, 95 cents of every insurance premium dollar went to pay claims. Now it is slightly above 80 cents per dollar.
Updated: 07/26/2009 - My father was a professional gambler. When faced with any kind of crisis, he would say, “you have to play the hand that is dealt you.” A good philosophy. One that I have followed.
Posted: 07/26/2009 - You would think that after having overcome trillion-to-one odds, the idea of running through the money would seem silly to most winners. Studies shows that 90% of people do just that within five years of winning the jackpot.
Posted: 07/23/2009 - I've watched way too many of my clients and readers fall into problems with credit cards. I use Dante's Inferno (which a lot of read in high school) to give an example of how people fall into a deeper and deeper "hell" with credit and credit cards.
8 mins ago - Lexington police are investigating a stabbing and hit and run outside an apartment.
Posted: 4:02 PM - After a New York commuter train derailment killed four people, two federal lawmakers want trains to be outfitted with cameras pointed at engineers and at the tracks.
Posted: 4:00 PM - Federal authorities have approved a permit allowing the killing of endangered bats by turbines at a West Virginia wind farm.
Posted: 3:23 PM - A woman has died from the injuries she sustained from a crash in November.
Updated: 9:35 PM - Icy weather that moved through the Bluegrass early Sunday morning left a slushy mess behind.
Posted: 3:15 PM - Scientists are stepping up efforts to learn where and how many Great Lakes water birds are getting fatal food poisoning.
Posted: 1:37 PM - Thousands of Michigan State students and fans have celebrated the football team's Big Ten title with large, rowdy bonfires and overturning at least one car.
Posted: 12:35 PM - A close family friend who visited Nelson Mandela in his last hours says he wasn't on life support, appeared to be calmly sleeping and that it was obvious he was "giving up" in what would be his last struggle.
Posted: 12:25 PM - In its second weekend at the box office, the Disney animated tale "Frozen" cooled off "The Hunger Games: Catching Fire" and the lone new release "Out of the Furnace."
Posted: 12:23 PM - Wildlife officials say that after losing sight of a pod of whales that was stranded in the Everglades, they are ceasing rescue efforts.