Monthly Archives: March 2013

Is a maxed out 401(k) the new luxury item?

President's Advisory Panel for Federal Tax Reform

(Photo credit: Wikipedia)

Most of us have no idea what retirement is going to look like but we know we can’t work forever. After working hard for 30 years nobody wants to be stressed out about not making ends meet or out living their savings. Let’s talk about balancing the delicate mix of enjoying life today while saving for a comfortable future. When balancing fun and sacrifice the three things that you have to consider and adjust are how you spend, save and invest. It is not as much about how much money you earn but more about how much of it you can keep. Whether you earn $50,000 a year or $500,000 if you spend all that you earn you are broke either way.

Many are in the mind frame that we earn money to spend it. Where that may be true we don’t have to spend it all at once. Some money is for today and other money is for a rainy day or a later day. There is a battle between what we want and what we need. The best way to always end this battle quickly is to have a spending plan that reminds you of how much money you can spend and when. If you do not have one, visit my website to download the one I use with my clients.

The percentage of spending, saving and investing is based on the risk tolerance, goals and time horizon of the client. I also consider their bad habits or vices. If you know you have a sibling who borrows and doesn’t pay back or if you know that you are going to travel 2 or 3 times a year just work it in. Do not try to pretend that it doesn’t exist. At least this way you may be able to sacrifice in other areas to prepare for these things. If we don’t account for them we are setting ourselves up for failure.

In your spending plan it is natural for living expenses to take up the majority of your earnings. The amount will be based on how much fun you plan to have verses how much sacrificing you plan to do. When it comes to saving and investing you decide how much you want to put there based on how many goals you have and how far off they are. The earlier you begin the less stressful it will be when the goals are right around the corner.

Savings are the liquid accounts that you would use if you became unemployed or if there was an emergency. Investments are the longer term goals like college and retirement. These goals are the two most common areas we have to invest for and it is often difficult to juggle how much to put toward each when you have to invest for both. There is a saying in wealth management, “you can borrow for college, but not for retirement.” For that reason retirement goals should take priority over college. The idea is that you should first save up 6 months of expenses, next max out your 401(k) investments and then invest for college. Also, most people want to include a portion of their spending plan to giving to church, charity and/or organizations that are dear to them.

All these things are important and choosing which one to fund can be tough when you want to live the luxury lifestyle. This is where you have to make decisions on what makes you feel better, driving a Lexus or knowing you are financially secure for your future. If you try to breakdown your earnings in to four sections and allocate a certain percentage to each section you will be able to keep yourself in line.

Give 10%, save 15%, invest 15% and spend 60% of your after tax income to enjoy life today and in the future. Cut cost where you can and make good financial decisions along the way. Impressing others with a remodeled kitchen or fancy cars will not make you feel safe. So secure your future first then by the luxury item.

Redefining luxury…Now That’s Presidential!


Not long now before we move

blue-orange-innocent-smileHey everyone,

If you forgot here is a reminder that in just a few short weeks we are moving to Meanwhile, the blog will post there and here for the next few weeks.

Right now you should go to and subscribe so you can continue to receive the Presidential Lifestyle blog and stay up to date on what Kine’ is up to.

Stay with me. I want you there.

Me, you an the future…Now That’s Presidential!

See you soon!

Your Kine’moving

If you put yourself first are you being selfish?

ESTELA, Masaje facial

ESTELA, Masaje facial (Photo credit: estelabelleza)

When you are on an airplane the flight attended tells you that in case of an emergency put your mask on first before assisting others. In this example it sounds like the flight attended is suggesting that you leave your child or loved one in harm’s way. However, if you think more clearly you will understand that if anything happened to you your child would be left in harm’s way. To insure that you will be able to help someone else you have to first take care of yourself.

This process is something I call, “Selful” this is when you know how to take care of yourself just as well as you take care of others. Being selful can make life better. It can allow you to be more effective when doing the things you need to do for others because you will have more energy and strength. Taking care of yourself is essential to taking care of others. Not only will you set a good example but you also set the precedence for how you want to be treated.

Nobody will fault you for being selfull and if they do you know that they are selfish. If you have too many selfish people in your life they will drain you and you will have nothing left to give. Be aware of this and do your best to either limit your exposure or know when to say no. Being able to say no sometimes or at least say not right now can help you juggle all of your tasks. No, is not a bad word and putting something off until it is a better time for you will allow you to complete it with willingness instead of resentment.

Having a heart to serve is honorable but you have to be able to honor yourself in the process. Don’t stop giving just start with yourself.

Passion for people…Now That’s Presidential!


AOS Cover Photo

Hey everyone,

Friendly reminder, that in just a few short weeks we are moving to Meanwhile, the blog will post there and here for the next few weeks.

Right now you should go to and subscribe so you can continue to receive the Presidential Lifestyle blog and stay up to date on what Kine’ is up to.

Stay with me. I want you there.

Me, you and the future…Now That’s Presidential!

See you soon!

Your Kine’


Say Cheese!

Color Business leaning compressedBefore appearing on ABC Extreme Makeover I didn’t get compliments on my smile, in fact I tried not to smile too much so that people wouldn’t judge me or stare at me. I hated that awkward feeling and I hated having to hold back. I wanted to smile more but it wasn’t worth the pain. When I heard a group of people laughing I would assume they were laughing at me before I had cosmetic surgery. Now I think about my dentist the most when I hear people laughing and I no longer think they are laughing at me.

Every time I look in the mirror or see a picture of myself I think of my dentist Dr. Bill Dorfman. If you are like me and have had a mouth transformation you are thankful that you get to smile without any worry, insecurity or shame. My dentist and now friend Dr. Bill Dorfman helped me change my life and my lifestyle. I no longer have to worry about what people are thinking about my mouth because now they just come out and say, “you have a beautiful smile!”

I was always confident about the words coming out of my mouth but I was embarrassed about the way my mouth looked. Now I love my smile, my teeth and my lips. In my book “The Art of Starting Over” I suggest that you collect compliments. We hold on tight to the negative things people say about us but so easily forget the positive. After my Extreme Makeover, life started over for me. I had a chance to be who I always wanted to be. In “The Art of Starting Over” I help people create more power, peace and pleasure in their life so that they can find their smile like I did.

Many people have asked me why I enjoy working with dentists so much in my financial planning practice. I tell them, it is because dentists are super heroes yet they are so humble. I like being around them because I feel we have something in common. We both work in industries where we interact with people during the most painful and confusing times in their lives yet we may not get an acknowledgement for a job well done when the pain and confusion is over. When people think of going to the dentist or going to see their financial advisor they associate it with pain. I think about how much value dentists add to people’s lives on a daily bases and it makes me proud to work with them. All I can think about is the peace I feel now that I get to show off my smile.

Many people want a chance to really let go and live. Having a smile makeover can allow you to feel free. I think about my dentist and all the people around me fighting shame, embarrassment and insecurity every day. They may not know the joy they add to people’s lives but I am willing to remind them every time they forget. Dentists add value to people’s lives and that is exactly what I strive to do in my financial planning practice and in my personal life.

I am eternally grateful for my smile. I smile all the time, people say I smile even when I am angry. It’s probably true…there is nothing stopping me from smiling now.

Fine-tuning…Now That’s Presidential!

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We are moving by May 15th

Head shot KC hand

Hey everyone,

In just a few short weeks we are moving to Meanwhile, the blog will post there and here for the next few weeks.

Right now you should go to and subscribe so you can continue to receive the Presidential Lifestyle blog and stay up to date on what Kine’ is up to.

Stay with me. I want you there.

Me, you an the future…Now That’s Presidential!

See you soon!

Your Kine’

Where is this financial decision likely to lead?

Dollar Sign in Space - Illustration

(Photo credit: DonkeyHotey)

Most of you have heard me say either in my blog, my speaking engagements or in my book, “The Art of Starting Over” that one of the most important questions you should ask yourself before taking action is, “where is this decision likely to lead?” When you consider that almost every decision is a financial decision you should be especially concerned with where the decision will lead you financially.

Having a clear thought process is of the utmost importance when it comes to how we spend, save and invest. We waste so much money, time and energy and we miss out on important opportunities because we do not take the time to consider the consequences.

Trying to keep up with the crowd or making decisions based on what other people are doing can get us into financial trouble. You make decisions for your life and they make decisions for their lives. So do not consider what others are doing or what they will think about what you are doing. Be unapologetic for doing what is best for you and your family.

Have finances on the top of your list when deciding when to do what. One costly financial mistake can change your life. The process may call for you to put the purchase off until a better time or to not make the purchase at all. It is imperative to be clear on the difference between wants and needs. Acknowledging these differences can keep you on your path to financial security. Do not let emotions affect your decision making skills.

If you feel yourself drifting over to the materialistic side or you are in doubt and need strength say these words, “grant me the serenity to except the things I need, the courage to manage the things I want and the wisdom to know the difference.

This will allow you to think before you act and listen to the right voice inside of you when deciding on what is best. Remember to do what is right for you, your money and your future.

Stopping to thinking…Now That’s Presidential!