WKYT Blogs
  • Happiness Without Spending Sprees - Post Your Comments!
    A New York Times/CBS News poll said that over the past year, half of Americans were spending less money and spent less time shopping than they did in the previous year. (Read Blog)
  • Christmas and Gamblers - Post Your Comments!
    And the Christmas carols sounds like blues, But the choir is not to blame. - Jim Croce (Read Blog)
  • Postage and Other Economic Outrages Against Soldiers - 1 Comments Posted
    I recently found that families of military people pay regular postage and shipping costs when they mail packages to soldiers in a war zone. (Read Blog)
  • Don on the radio in 2010 - Post Your Comments!
    For the past couple of years, I have been working on putting together "The Don McNay show," a daily radio show that will lend itself to syndication. (Read Blog)
  • Words that Work - Post Your Comments!
    Words that Work (Read Blog)
  • 2010: The Year Main Street Sticks it to Wall Street and Washington - Post Your Comments!
    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. (Read Blog)
  • Just Say "No" To Adult Children Wanting Money - Post Your Comments!
    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. (Read Blog)
  • It's Time to Teach Children About Money - Post Your Comments!
    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. (Read Blog)
  • Small Town Values in a Big Time Lawyer - Post Your Comments!
    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. (Read Blog)
  • Like Lottery Winners, Pro Athletes Also Blow Big Money - Post Your Comments!
    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. (Read Blog)
  • And She Never Had Dreams, So They Never Came True - Post Your Comments!
    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. (Read Blog)
  • Today is the day to cut up your credit cards - Post Your Comments!
    CNBC superstar Maria Bartiromo, Fox Business News host Dave Ramsey and myself have one thing in common. None of us have credit cards. (Read Blog)
  • Free and The Search for Economic Innovation. - Post Your Comments!
    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. (Read Blog)
  • Are You Cut Out To Be Self Employed? - Post Your Comments!
    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.” (Read Blog)
  • The Simple Health Insurance Solution - Post Your Comments!
    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. (Read Blog)
  • Playing the Hand God Dealt to You - Post Your Comments!
    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. (Read Blog)
  • What to Do When You Win the Lottery - 5 Comments Posted
    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. (Read Blog)
  • Modern Day Dante: Nine Stages of Credit Hell - Post Your Comments!
    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. (Read Blog)
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