Category Archives: Personal

Summer Office Technology Improvements … Friday

Each year, excluding last year, we tackle a technology improvement.

About a half a dozen years ago after too much coffee at a vendor related event on the West Coast yours truly came home with multiple technology improvements (New Vault, New Web site just to name a few) all at once, which turned out to be a hard lesson learned, and the team was not happy…..make darn sure the project is not too big!

New Server and Email System

Cyberspace, Data, Wire, Electronic

In a little over a week after reviewing all of our alternatives we have decided to upgrade our server and move our cloud-based email system to a new platform.

Our IT folks have already started the process of mirroring our old server to our new one and are readying the staging of the email.

We are assured this will go without a hitch; we hope to not hear the dreaded words we have heard before …

Wow I have not seen this before!”

The good news is we only have this project and not multiple projects as well as the hard-earned lesson of overcast caffeinated excitement.

Hopefully just steps forward and not back to go forward….

But that is a week or so away and this is a Friday almost dead middle of the summer.

Enjoy your day and your weekend …. Maybe even a little time off if the shoe fits!

Talk to you next week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



School Almost Over -Memorial Day Coming – Friday

After a struggling start to the school year, its hard to believe next Thursday marks the final day for the 7th grader…

Good News is he has two half days on Wednesday and Thursday

Bad News is he has two big tests on both days….

All together now – F O C U S ! Please….

The 10th Grade Tennis player (all On line) is down to the last proctored Exam tonight – Yea, 6 pm Friday fun!

OH… and we have this going on over the summer too… will let you know when the release comes so you all can stay off the streets! haha –

Happy Memorial Day Coming Reminder

With Friends, family and relatives in the Military – Memorial Day Brings on Stronger Meaning Each Year…

Monday Week, May 31st is Memorial Day – The Unofficial Pool Opening day! Given the water we have had coming from the sky of late, all pools will easily be full…. clean may be a different story, but take what they give I guess!

Shhhhh…. Don’t tell anyone, but the office will likely be closed near the end of next week for Kid enjoyment and a little R and R before the final push to tax season occurs – Will confirm again as we hit mid week next week !

Ahhhhh…. but today is a Friday, heading into a fun PGA Golf Major Championship Weekend!

Enjoy – Talk next week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Good Friday Holiday – Markets Closed

Today is Friday, Good Friday actually … which is a Holiday for most public offices and Capital Markets…

Our office is closed as well!

Happy Friday and Good Friday!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



The Brain to the Beach … Newsletter Hits the Presses … Friday

As mentioned earlier … neatly this year we were able all have flex schedules and each of us were on R&R at different times.

While technology allows us complete connection, a little looser tether is always welcome when possible.

Donald the Brian hits the beach for a few next week….

Enjoy – Much Deserved, we have your back!

Newsletter at the Presses in NY

The final touches of the Newsletter have been completed and the NY pressers are in motion. Look for the paper copy in your mailbox soon….

We coined this Newsletter “The Reminder” given much of the content is a timely reminder for to do’s and laws that were passed but likely forgotten given the unique 2020!

We of course will also do a Video explaining in greater detail our thoughts and how we came up with the articles as well as greater insights than the coverage may allowed….

Ahhhh…. but today is a Friday heading into a much welcomed beautiful weekend in our neck of the woods…

Enjoy your Friday and your weekend …. talk next week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Why you need to know your Credit Score and where to get your Annual Free Credit Report – Re-run Annual Reminder

As mentioned last week this is a re-run post that is timely and a good idea to do every year…. hat tip DK!

Knowing your credit score and your credit report has become increasingly important. With updates in technology and increases of consumer related fraud, we all need to keep an eye on our credit and our credit score for protection.

Why Do I need to Know or protect my score?credit-40673__340

While you may not owe anyone, anything i.e. have a loan with anyone … well done by the way….. A bad credit score can still affect items such as your automobile and your homeowners premiums… no kidding (see this  Forbes article.) We cannot blame them, there is data to check and it is their responsibility and ability to review it.

Bottom line a bad credit score or report may be costing you more money.

How do I get a copy of my credit report?

After you get your score, you may want to get a detailed copy of your credit report. Go to, which is a free service offered for your own protection by the three agencies. There are tons of sites out there that are not free and try to seduce you into paying an unnecessary monthly fee, this site has been checked and is safe.

You may request all three services or just use one and keep the other two available at a later time. This may be handy as you only get one free report per agency per year. If you stagger the reports you can inquire at different times, keep later dates open for inquiry.

If your report is good, there is likely no reason to get more than one agency report.  If your report has deficiencies you may protest from the site as it is reported.

Taking time to review your credit and credit score is easy and may save you angst and money!

Have a great “Safe Credit” day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Corrected Tax Form 1099 Misc Update … Newsletter Preview … Friday

As a reminder we will gladly send you a copy of your Tax forms or send directly to your Tax Professional should you desire… Very little information is completely shown and of course your Social Security number is covered for security purposes…

We had ONE – yes ONE corrected 1099 Misc in the first round… this is good news and the lucky one already knows who they are….. if you are really itching to file (maybe have a refund waiting) this is your SOFT Green light to file – unlikely to have more corrected’s hoping no jinx here…..

Newsletter Update

The Newsletter is dominated by a handy Social Security Article that is for all – young and old… tease tease…

All kidding aside, most of the Newsletter is happily completed already and very informative… we have a bit of space left that will most likely be filled with a few interesting Graphs that we have come across… possible valuation analysis….

Anyway, the Newsletter is looking good and we think you will like it too!

Friday –

Next week is the last week before Spring Break and Jen is hitting the slopes early next week as we stagger our out of town schedules…

With a tough schedule leading into Spring Break, my plan is to try for a bit more R & R – and stay lightly tethered only… but that is the week after next….

Ahhhhh … it is a Friday, heading into a weekend where I need some rest…. Enjoy yours!

Talk to you next week after a recharged weekend!

Have a Great Friday and Weekend!

John A. Kvale CFA , CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Winter to Summer Office Update … Friday…

In a “You Cannot Make This Up Moment” those followers that noticed our challenging week last week, including the actual sighting of a exploding pipe in real time as mentioned here… when Temperatures touched low single digits and wind chills went well into the negative territory … an update! Only in Texas!

Winter to Summer

Knowing a great number of you do not live in Texas – so neat we can all communicate easily together…digressing…….

Last weeks Winter’s cold not only froze the afore mentioned pipe, but several others also in the building AND our Air Conditioner which resides on the roof ….which is to be completely replaced tomorrow… Huge Crane alert to move the unit from ground to top of building…

Without an Air Conditioner, there was no where to hide on Tuesday and especially Wednesday when temperatures hit 80 degrees…

Yes, so a low single digit temperature froze the Air Conditioner only to be followed by high 70 and low a-80’s in less than a week!

In a way funny…. Hope you enjoyed!

Have a Great Friday and Super Weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Repeat Timely Article – Personal Update Reminder Story, Broken Water Heater at 8222 Douglas … Pertinent Article – When NOT to file an Insurance Claim … USA Today and ABC News Runs Our ORIGINAL Article …

This is a repeat article from earlier… given the local and nationwide damage caused by the recent storm we thought it worth a re-run! Much of this article is around when not to file a claim, near the end of this post there are good tips on what to do should there be severe damage!

While at the Perot Museum putting the final details on our November 14th upcoming event … this text hit Jen’s Cell …

Water is leaking in the kitchen and has covered the rug ….

followed shortly by…

Building people are here and have stopped the leak ….

Not even knowing each suite at our building had a small water heater for hot water, we were surprised to find our little friend had given up existence after what seems to be several decades of light use at most:

Water Heater JK Financial

Just by coincidence we were reviewing our Insurance Coverage as the annual bill was in our hands for payment, AND the Perot Museum was asking for coverage as well.

In knee jerk reaction …NOT thinking of our own earlier-written article (see following) the phone number to the insurance company was found, but never dialed…. thankfully …

For the record, we are paying out of our own pocket, a very reasonable rate to have the baby water heater replaced as it is mandated by our lease, but we never created a CLUE report…

Original Post – See Below:

A few years back, came to us and asked to write articles occasionally. With good feelings and spreading the better Financial Planning word in mind, we accepted and our first article hit the printers. The following is from the original post here at AFTER the article had run in the appropriate channels.

USA Today NBC News Runs Our Article

USA Today Article Circle JK

On Monday, August 3, USA Today ran our Insurance claim related article… that originated from YOU, the best friends and clients in the world.

After originally being published by and having  ABC News run our article, we thought surely we were done … Nope…

ABC News Article

Thanks USA Today, we enjoy your publication very much … even more now!

Here is the Original Article in Full

One of the main reasons for having insurance is to offset risk, especially major risks and losses. We pay many insurance premiums throughout our lives to various carriers for a multitude of different risks. When a possible claim occurs, an initial thought might be “I am finally cashing in on some of those premiums!”

Think Twice Before Filing a ClaimUSA Today Article Circle JK

Not only do you want to strategize before filing your possible claim, you might want to hold off on even calling your insurance company. The premiums paid in our lifetimes reflect an amortization of the possibility of the risk occurring. The greater the risk, the greater the premium. If you are a constant “claimer,” your premiums will reflect this.

Do you have a CLUE?

Various carriers have been known to treat calls as a claim without the insured’s knowledge. Comprehensive Loss Underwriting Exchange, CLUE, is a database that keeps records of claims. LexisNexis offers a handy service that allows easy research of five years of claims data. It is a terrific service as a buyer but not a database you want to land on accidentally from an inquisitive phone call.

The easiest defense against this problem is to know your coverages and your deductible amounts. With the knowledge of what your insurance covers and the amount (i.e. ring, roof or fender) you are armed with the power to make your own decisions and not put yourself in a possible accidental or unworthy claim.

ABC News Article

Speaking of deductibles, if at all possible, carrying a high deductible will likely save you money over the long term. Most insurances can be looked at as a defense for a major event. Not reaching to your insurance to cover minor or lower cost repairs or replacements is a terrific defense against higher long term premiums. If you are a claimer with lower deductibles, it is highly likely you will have higher than necessary premiums in your lifetime. One important planning tip is that it is critical to have adequate emergency funds available to cover all of your deductibles.

What are some examples of NOT filing a claim?

The easiest example is a car accident that is just barely over your deductible. It is likely that a $1,500 or even $2,000 claim against a deductible of $1,000, through eventual higher insurance premiums, may quickly turn your claim into a negative financial transaction over the longer period of time. Thinking of your premiums again as an amortization of your claims will help you in determining if you should file a claim or not.

Filing a claim against an asset that has been depreciated in coverage to a small dollar amount may not only hit your CLUE report but could also result in higher immediate premiums, plus put you on the list for being dropped should you have several other claims in a short period of time. If you are dropped by a carrier, your new carrier with this knowledge may adjust your NEW premiums accordingly, as a higher risk. Not all carriers will even offer coverage to someone who has been dropped. That’s another reason to think twice before filing that claim.

Your cherished ring was lost accidentally. Your deductible is $1,000 and you think the ring is worth $3,000 but you have not had it appraised, was not itemized on your policy and have no way of proving the value. It is highly likely you will get little, if any, by claiming this loss and your file will be marked with a claim.

So when should you file a claim, sometimes quickly?

Automobile accidents that involve an injury, personal liability or severe damage to another vehicle, even though your car was not harmed are cause to pick up the phone and bring your insurance company up to speed with the situation. Tell your story first, directly to your carrier, in order to protect yourself and arm your carrier with as much information to help defend in the situation.

Catastrophic damage to your asset is clearly cause for notification and in most cases, the sooner the better. Major geographic damage often causes a large backlog of claims all at once, making it better to be at the front of the line.

Lastly, another money saving tip, if you decide to pay out of your pocket for your repair or replacement, be sure to let the service company know this. There are often different prices for insurance related and out of pocket services.

Have a great “No CLUE Report” Day !

John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225JK Street Cents Logo

Thank You For the Well Wishes … Polar Cold Update, Pictures and Poltergeist Experience at the Office …

Thanks so much to all of you who reached out this week … all across the country and all with well wishes and concern… We are all fine and only minorly inconvenienced, and wish those more affected a safe and speedy recovery!

What follows is a personal story from the week!

Small Things Like Water

The small things in life, like running water are frequently taken for granted…. at least in our homestead….

Monday morning at 9 am, the running water at the Kvale homestead suddenly gave up the ghost and froze! Been living in the same place for 20 years, first time ever ….. Home built in 1928, not its first rodeo, but fingers crossed for strong pipes and no unwanted sprinkles.

Break In – Water back on at noon yesterday! No leaks so far!

Thankfully the Electricity at the house never missed a beat… so far.

On to the Office

With power grids going down across the city, the decision was made to head over to relative’s for a water break, from there just a short walk to the office to check things out and power down all the equipment…

With the 16 year old’s dog in tow on a leash … as we entered the very empty building (we were the only ones there) the noise coming from the building became clear …

“Please exit the building, do not take the elevator!”

Just as the Brain is processing this repeating message, two of the sprinkler covers in the front lobby portion of the the building, blow off … crash to the floor … garnering our collective attention followed by what sounded like and explosion as the sprinkler pipe about 10 feet away let go …

Here is a carefully taken picture:

Building manager probably does not appreciate this, so shhh don’t tell anyone!

The reason “Carefully” was mentioned above when taking the picture, just to the left – out of the picture area, where the water is seeping, is the entire building electrical closet….. water and electricity really work well together….

For the record, a frantic call was made to the building manager who originally thought the break was “Outside” the first floor due to a spotty cell connection… cannot make this up… third call after being disconnected…

No this is inside the lobby, but only on the first floor lobby area and not in the bank also on the first floor!

About 20 minutes later, an engineer shows up and we wait, again just trying to get to our floor to shut down important electrical devises from experiencing rolling electrical outages….

Help is on the way, will be there in 15!

30 minutes later, help is again on the way will be here in 15…

Dog picked up by relatives! She was freezing…

Let’s check the emergency stairwell closest to our office and on the opposite side of the leak….. looks great but there is ANOTHER small leak that is squirting across the exit near the office emergency door…. of course freezing almost immediately….

Around 5 pm, the engineer, a buddy at the office and myself agree the farthest elevator from the still spewing water pipe would be safe to go up 5 and 6 floors…. Finally, the machines will be safely shut down….

Office door open, the shutdown commences…. but not fast enough…

Entire three block grid goes down…. and it is Dark Dark…back up generator for office had already exhausted all gasoline from earlier black out…

All machines on battery back up commence beeping, of course no monitors are plugged into the battery back up…

Two desktops softly shut down, server goes down on its own due to a battery backup system… luckily…

Deep breath, time to head down the emergency stairwell… again, pitch dark… very Poltergeist feeling…

With only cell phone light in hand…. a slow walk turned into a faster and even slow run as the creepiness increased !

Emergency door in sight on bottom floor, the sprinkle is felt from the smaller leak… slip slide to the exit and boom the light from outside….

Today we intend to turn our machines back on if the Electricity stabilizes…. yesterday was still sputtering….

Next week we talk interest rates… but thought you might appreciate the adventures from the week! Thanks again for all the well wishes…much appreciated!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Client Only Special Post – Metropolitan Paperwork, Vault Chase Bank Linked Account holders… Friday

With almost 10 times more followers than actual clients we happily keep that in mind when we’re writing informational posts for everyone. This Friday post is actually just specifically for clients, so if you’re not a client we look forward to a possible more pertinent post on Monday, clients please read on!

Metropolitan Paperwork – Donald The Brain Has You Covered

Many of you have received some paperwork concerning Metropolitan life and transactions from a decade ago. It’s a big bundle of paperwork that we also have a copy in our office. Donald The Brain will be reviewing this and if action is necessary he’s able to upload information on a bulk basis, not only saving multiple paperwork hassles but saving all of us the angst of having to mail information back individually.

Chase Bank Linked Vaulters Please Re-Link

Those of you that have happily linked your Chase Bank Accounts to your vault we ask that you go back and re-link them as the linking interface has changed as of yesterday and needs refreshing. We apologize for the inconvenience but again greatly appreciate being able to see those balances and transactions in real time in our respective Chase accounts for our financial planning, safety, and continued upkeep, and tracking. This update is adding more stable linking features! YAY

So bottom line those of you with the Metropolitan paperwork you can trash it we’ve got you covered on this side, secondarily those Chase connections please refresh for all of our collective viewing !


That’s it, no more homework … it’s a Friday … enjoy your day enjoy, your weekend, will be back with you next week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.