Shows
Jake Of All TradesBeyond the Hype: The Realities of Rental Property InvestmentsIn a recent episode of the "Jack of All Trades" podcast, host Jake Nuno delved into the subject of passive income from rental properties, a topic currently gaining traction, especially among young professionals. While low mortgage rates until 2022 made owning multiple properties seem appealing, rising rates are beginning to change that narrative. Jake highlighted the need for investors to be aware of the hidden costs and potential pitfalls of using mortgages for such investments. Drawing from personal experience, he shared the story of considering turning his previous home into a rental property. Despite the potential for a positive cash...
2023-08-1030 minJake Of All TradesThe Team You Need To Buy The House You WantThe housing market is changing and so did Kirk’s perspective on homeownership. On previous shows Kirk discussed his reasons for not buying a house. Despite the rise in interest rates, he was able to buy a home. On this episode Jake and Kirk discuss the ins and outs of the homebuying process as well as who was on the team to help Kirk accomplish this. Special Shout out to Kirk's Team: Jake Rivas - Financial Advisor Laura Powell - Real Estate Agent Dani Rudd - Loan Officer Th...
2023-04-0740 minJake Of All TradesMost Elaborate Financial Scam of Jake’s CareerWe often think of financial scams coming in the form of some exiled prince in Africa who needs assistance. But these hokey scams that everyone has heard of are rarely the type of scam that will actually drain your bank account. Everyone knows about them. The scam that will get you is the one you aren’t expecting. On this episode Jake and Kirk discuss a particularly nasty one that Jake encountered recently. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commo...
2022-12-2228 minJake Of All TradesJake buys a house!Jake buys a house! On this episode we go through all that Jake went through in buying his new house. We also discovered some important reasons why having a third party advocate is important during this highly emotional time. And Jake reveals some secrets to house buying that most people don’t know. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read you...
2022-11-1030 min
Jake Of All TradesCan I Get Tax Savings From College Savings Accounts?This is a common question that Jake Rivas gets from his clients. In this episode Jake and Kirk discuss College Savings Accounts pros and cons and how to navigate them in a world where higher education (and its value to your young students) is ever changing. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twit...
2021-10-2825 min
Jake Of All TradesMichael Scott’s Money ProblemsMichael Scott from the TV Show “The Office” is having money problems, and everyone in his world has advice—bad advice! So Jake Rivas and Kirk Barbera are here to help. They will watch a clip from The Office episode “Money Problems” and give some thoughts and advice on what can be learned from this episode. For fans of the show, it is the famous “I. Declare. BANKRUPTCY!” scene. Watch the show on our facebook channel or listen wherever you consume podcasts. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Serv...
2021-08-1934 min
Jake Of All TradesCredit Card Debt? No LongerAmericans have recently paid off big chunks of their credit card bills, and it seems as though this trend may continue. Banks are starting to lose revenue. This means that banks are searching for ways to actively increase your credit card maximum. The more you have and the more you spend, the more likely you will hold a balance, and thus have interest rates. Jake Rivas gives advice on dealing with this and how to ensure your financial success given this new trend. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning an...
2021-06-1730 min
Jake Of All TradesHow to Adult WIth Jake and JakeToday Jake Rivas and Kirk Barbera are joined by guest Jake Cousineau to discuss his book “How to Adult.” Jake is the author of a book for young adults titled How to Adult: Personal Finance for the Real World. You might even recognize Jake from his $50k Wheel of Fortune payday! In this episode we delve into Jake Cousineau’s financial advice and his philosophy for young adults. And, as always, we try to solve all the world's financial problems. Jake Cousineau is a high school teacher who works to help his students be prepared for their financial future. This i...
2021-04-0833 min
Jake Of All TradesShould Billionaires Exist?DEBATE NIGHT! With Jake and Kirk. On this special edition of Jake of All Trades, Jake and Kirk debate the question of whether or not billionaire’s should exist. Jake takes the negative and Kirk takes the positive. Of course, they don’t mean whether we should jail or deport billionaires, but rather should billionaires be subject to extra taxes or limits? What do you think? Do you think Billionaires should exist? What are the arguments for and against? Tune in for Jake and Kirk’s discussion. *“Tax preparation, planning, IRS representation, and business valuation services offered through...
2021-03-1756 min
Jake Of All TradesMost Financial Plans Set to Fail over Next DecadeFor those who have made plans based on past projections of the future, you may be in for a shock. On this episode, Certified Financial Planner Jake Rivas discusses some of the mistakes people are making when planning for their future. Jake and Kirk also discuss the larger economic and political meaning of our current situation, and what it could mean for your wallets. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake...
2020-12-1836 min
Jake Of All TradesJoe Rogan, Peter Schiff and the Economics of Coronavirus ShutdownsOn this episode Jake and Kirk will be reacting to a clip from the Joe Rogan Experience with guest Peter Schiff. Joe and Peter discussed various aspects of the effects of shutting down the economy, from monetary effects to commercial real estate and more. You’ll be able to hear this clip from Rogan and hear Jake and Kirk’s responses and commentary. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandif...
2020-09-101h 32
Jake Of All TradesThe Art and Science of Bubble HuntingIn this episode Jake and Kirk discuss an article in The Economist about the art and science of bubbles. Today, with the advent of day-trading apps like Robinhood, bubbles have become more prevalent and harder to identify. In this show we discuss what a bubble is and is not and why they are important to understand for our financial future. Here is the article: https://www.economist.com/finance-and-economics/2020/08/19/bubble-hunting-has-become-more-art-than-science *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have...
2020-09-0331 min
Jake Of All TradesTrump's Executive Order: Defer Payroll Taxes?In this episode Jake and Kirk investigate (or try to wrap their heads around) the executive order to defer payroll taxes. Defer till when you say? Well you’ll have to listen to the show! (ok we don’t know either). What is this order supposed to accomplish? What is it really all about? What’s President Trump’s agenda? Check out this episode to find out our thoughts on this order. And visit us on Facebook @jakestwocents to tell us your thoughts on this political move. *“Tax preparation, planning, IRS representation, and business v...
2020-08-2728 min
Jake Of All TradesDoes Day Trading From Your Smartphone Make You a Stock Expert?In this episode Jake and Kirk discuss the Robinhood app, a new global phenomenon where millions of people can trade in individual stocks with just a few dollars. Jake discusses how to think about using this app in your financial portfolio, and whether or not it is healthy to use it as an important investment tool. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may r...
2020-08-2029 min
Jake Of All TradesAre we living in a Dystopia?Jake and Kirk discuss FAANMG (Facebook, Apple, Amazon, Netflix, Microsoft, Google) and ask the question: Is the rise of these enormous corporation a sign of a dystopia? We discuss what a dystopia is and some of our favorite dystopian novels. They also come to a very insightful idea about how reading dystopias can help you plan for your financial future. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake...
2020-08-1328 min
Jake Of All TradesIs Traditional Retirement Dead?Do you plan on retiring? Many Americans are beginning to believe this will be a dream they never achieve? In this episode Jake and Kirk discuss the idea of retirement, and some alternative ways to achieve “retirement,” without actually “retiring.” Also, Kirk proposes a plan to solve all of our social security and college debt problems. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questio...
2020-08-0531 min
Jake Of All TradesBig Six Tech Companies Drive US Economy NowIs it a bad thing? Jake and Kirk discuss an article about the biggest tech companies in the world, “FAANMG” Facebook, Apple, Amazon, Netflix, Microsoft, Google. These six companies collectively are driving the US economy, despite the actions of the U.S. government. Can there be positives in this trend? Tune in and share your thoughts.Article: https://ritholtz.com/2020/07/big-tech-drives-stocks/ Diversification does not assure a profit or protect against loss in declining markets, and diversification cannot guarantee that any objective or goal will be achieved. *“Tax preparation, planning, IRS representation, and business valuat...
2020-07-3026 min
Jake Of All TradesWhere are Americans spending the 6 Trillion Dollars Stimulus?In this episode Jake and Kirk explore aa graph that shows how various groups of Americans are spending the trillions of dollars that has been injected into the economy. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC...
2020-07-1036 min
Jake Of All TradesFinancial Books You’ve Never Heard of but Need to ReadThere are many good financial books that have become popular. Some books like The Richest Man in Babylon profess to share fundamental and timeless insights on how to become wealthy. There are popular books like “I will Teach you to Be Rich,” which claim to give readers insights into the habits of the wealthy. There are also many simple books that give important advice from practical wealth builders. This is not to say one shouldn’t strive to be the Richest man in Babylon, or anywhere for that manner, but it does mean that sometimes a straight-forward and realistic approa...
2020-06-2936 min
Jake Of All TradesIs Now a Good Time to Take out a Loan?With interest rates near zero, many are asking if it is a good time to buy that house, refinance their mortgage or even get a private loan for their student debt. Jake Rivas and Kirk Barbera discuss times when this may be a good move for someone and times when it may not. Even though interest rates are low, it may not be a good idea for some. Tune in to learn the financial concept used by professionals to determine when it may be appropriate to take out that loan. *“Tax preparation, planning, IRS representation, and...
2020-06-1724 min
Jake Of All TradesThe Stock Market Versus The EconomyHow can the stock market appear to be rising as the world ventures further into chaos? Unemployment is still increasing, protesting and looting are occurring and many places are still under quarantine. It would seem logical that the stock market would decrease accordingly, and yet we find that during some of the darkest moments it had actually been on the rise. Jake explains why this happens and how to understand the economy and the stock market Estate planning and legal services offered through Shann M. Chaudhry PLLC are separate and unrelated to Commonwealth. *“Tax preparation, pl...
2020-06-1128 min
Jake Of All TradesMaking Financial Decisions in the New AmericaCan we make future decisions based on the past? The advice given by financial advisors for decades has been to diversify your portfolio and have a long term time horizon for your investments. This advice is based on a glimpse into the past. But what if the future is dramatically different than the past? At what point can we say new financial advice needs to be construed? Jake and Kirk explore this idea and provide some philosophical frameworks for dealing with the uncertainties of our current dilemma. *“Tax preparation, planning, IRS representation, and business valuation services offered th...
2020-06-0342 min
Jake Of All TradesUnderstanding The CARES ACTThe Coronavirus, AID, Relief, and Economic Security ACT (CARES) has been passed, but how does it effect you? This is a 2.2 TRILLION dollar bill (watch Kirk have his mind blown). We all know about the $1,200 checks, but who do they go to and how are they going to receive them? This is only one small part of the act. Jake and Kirk don’t cover every detail of this massive bill, that would take days, but they cover certain critical pieces of information you need to understand. Jake and Kevin Moore of iFinancial answer even more questions in an ar...
2020-05-2634 min
Jake Of All TradesFinancial Advice from Millennials to Class of 2020Your dreams can be built on a river of poop. That’s right. This is a terrible time for a young person to go out into the job market. We have record unemployment and a recession that may rival the 2008 Great Recession, which Millennials experienced back in 2008. Jake and Kirk discuss the general advice they got and lessons they learned from the great recession. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@y...
2020-05-2031 min
Jake Of All TradesAmerica 2.0 What Will It Look Like When We Reopen?Eventually we will re open our economy. And according to epidemiologists like Dr. Amesh Adalja at Johns Hopkins, this virus is here to stay and a vaccine is 12-18 months away best case scenario. This means that there will be a time soon when we reopen and live with coronavirus. That brings up the question, what will the world look like? How might this effect your pocket books, your business, your entertainment, your workplace? Jake and Kirk discuss. What are your thoughts on America 2.0? *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Pl...
2020-05-0735 min
Jake Of All TradesStaying Motivated During Times of Isolation.Jake and Kirk and feeling a bit down. Like most everyone during the lockdowns, they have been struggling with ways to stay motivated, keep working and make the most out of the present realities. What are you doing to stay motivated? *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Se...
2020-05-0124 min
Jake Of All TradesWhat’s happening with student loans in the new stimulus bill?Jake and Kirk discuss what is really happening with student loans based on what we know from this new 2.2 Trillion dollar stimulus bill. Jake also provides good insights on how to use this information for your advantage. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory serv...
2020-04-2311 min
Jake Of All TradesA Financial Planning Strategy To Take Advantage of These Crazy TimesOn this show Jake teaches us all a strategy that may help you take advantage of this strategy. Please note that this is not investment advice. As a certified financial planner, Jake desires to provide his listeners and his clients with real world strategies for long-term wealth building and wealth management. What he talks about is one good technique that is new and possibly useful for you. *On this show Jake teaches us all a strategy that may help you take advantage of this strategy. Please note that this is not investment advice. As a CERTIFIED FINANCIAL...
2020-04-1418 min
Jake Of All TradesCorporate Buybacks, Bailouts and YouWhat are corporate buybacks? How have they effected the stock market and the economy as a whole and how might these bailouts change the landscape of your wallet? Today on the show Jake and Kirk discuss topics in the headline and make them relevant to your day to day lives. While things look really scary, it helps to have a sense of calm and rational discussion about these ideas and how they effect you. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.”
2020-04-0627 min
Jake Of All TradesHandling Anxiety and Fear in a time of CrisisYou hear terms like the market has lost confidence, which means you and me and everyone we know have feelings of dread and anxiety about what will happen in the next week, two weeks, year. How long will the “shelter in places” be instituted? What effect will that have on our economy and thus our jobs, families, savings, 401ks, lives? Jake and Kirk explore some of what experts are discussing, as well as a way to alleviate your own fears and deal with the realities of your own finances. *“Tax preparation, planning, IRS representation, and business valuation servic...
2020-03-2750 min
Jake Of All TradesA Facebook Feed for Your Money?We’ve got a full show for you today. First Jake and Kirk discuss a potential new financial tool and how it can change your approach to money. They discuss robo-advising and the limits of technology in our lives. Jake also shares a client story you won’t believe! https://www.forbes.com/sites/ronshevlin/2020/03/02/the-next-revolution-in-personal-finance-the-financial-feed/#107e7e652fcf *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake...
2020-03-2527 min
Jake Of All TradesWill the Coronavirus Cause a Recession? Keep your eye on the barbershopsJake and Kirk discuss updates ont he Coronavirus in the U.S. as well as the global consequences of its spread. Jake teaches about recessions and how to act in our current situation. They also talk Olympics 2020, Black Swan Events, and of course, The Office. https://www.nytimes.com/2020/03/03/business/economy/coronavirus-recession.html *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your ques...
2020-03-2134 min
Jake Of All TradesAudit Triggers you Need to KnowWe are happy to introduce new segments to the show. Jake Rivas and Kirk Barbera will still discuss an important financial news artics, but they will include a financial Word of the Day, an incredible financial story from Jake and a things we love about San Antonio. In this episode Jake and Kirk discuss the 12 audit triggers that catch the eyes of the IRS. https://www.thebalance.com/top-audit-triggers-that-catch-irs-attention-4153034 Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake...
2020-03-0534 min
Jake Of All TradesHow might the Coronavirus Affect Your Finances?On this episode we discuss the coronavirus, what it is and how it effects the global economy. How much should we be afraid and what actions might we take presently to prepare for the future. *Minor correction: Jake mentions the Sars Virus outbreak in 2013; it was actually 2003. There was an outbreak of the Ebola strain in 2014. Here is the article we discussed: https://www.theguardian.com/news/2020/feb/10/will-the-coronavirus-outbreak-derail-the-global-economy Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! ...
2020-02-2131 min
Jake Of All TradesWhat’s the difference between Tax Preparation and Tax Planning?On this episode Jake discusses the difference between tax prep and tax planning. Jake and Kirk also discuss an article on Nerd Wallet “Tax Planning for beginners.” While paying your taxes may not be the most exciting event of your year, learning to strategize with your money by understanding the tax system is a critically important part of maintaining your growing wealth. https://www.nerdwallet.com/blog/taxes/tax-planning/ Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitte...
2020-02-1429 min
Jake Of All TradesThe Setting Every Community Up for Retirement Enhancement (SECURE) ActA very important bill was passed in 2019. The SECURE act effects almost every single person in America. It will change the way retirees make financial strategies for the rest of their lives. Jake Rivas goes through the most important points to understand about this act. https://www.youandifinancial.com/the-setting-every-community-up-for-retirement-enhancement-secure-act/ Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Re...
2020-01-2314 min
Jake Of All TradesFact v Fiction: 529s and college fundingShould the money you save for your childs’ college be kept in your name or theirs? On this episode Jake breaks down a common misconception about assets and savings with regards to college funding for your child. Do you know what an EFC is? Find out and much more on the show! Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Regi...
2020-01-2104 min
Jake Of All TradesWhat War with Iran Could Mean for MarketsWhat War with Iran Could Mean for Markets On this episode Jake Rivas and Kirk Barbera tackle of a very complicated issue: Potential war with Iran and its impact on markets. Their approach is to help sift through facts and differentiate from perception. People often make fear-based decisions. How should you react financially given the realities of what we know and what we do not know about a potential war with Iran? https://blog.commonwealth.com/independent-market-observer/what-would-a-war-with-iran-mean-for-the-markets Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may re...
2020-01-1529 min
Jake Of All TradesFinancial Tip: Divorce and TaxesThere are two main ways one can be “on the hook” for expenses after a divorce. Jake briefly explains these two concepts and then breaks down how the 2017 tax code effects these legal requirements. No one believes they will ever divorce their spouse, but it is important to be aware of one's possible obligations both to ones spouse and to the government. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory servic...
2020-01-0705 min
Jake Of All TradesJ&K #26: Five Financial Moves to Start the New Year off RightIt’s not only a new year but a new decade and this is the best time to make changes to your financial life. Too often we make radical and impossible to maintain resolutions at the end of the year and then give up by February. Jake and Kirk discuss practical and simple ways to make changes to your life that anyone can implement. From The Motley Fool: https://www.fool.com/retirement/2018/12/16/5-financial-moves-to-help-start-the-new-year-off-r.aspx Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on th...
2020-01-0727 min
Jake Of All TradesHoliday ShoppingHappy Holidays! It’s the end of the year—a time of joy and giving! Jake and Kirk are here to discuss smart ways to purchase gifts—including those last minute ones!—for your loved ones without being bamboozled by all the sales and marketing tricks that are out there. They also discuss how to think about coupons and those time sensitive sales you see on Amazon. Here is the Washington Post article they discuss: https://www.washingtonpost.com/lifestyle/holiday-money-saving-strategies-that-can-backfire/2019/12/05/e1592b18-1779-11ea-80d6-d0ca7007273f_story.html Have questions about managing...
2019-12-1621 min
Jake Of All TradesJ&K #25: IlliquidityOn this episode Jake and Kirk tackle the question of liquidity. What is it and what considerations should you have when you lock up your cash for years. What are some of the pros and cons of illiquidity and how can you best include in your portfolio, long-term investment projects that have restrictions on liquidating your shares. https://www.economist.com/finance-and-economics/2019/11/07/what-is-the-illiquidity-premium Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Se...
2019-12-1221 min
Jake Of All TradesJ&K #24: The 7 Year Auto LoanThat’s right, a 7 year auto loan. Why would you ever take out a loan on a car that would last longer than the value of the vehicle? There are thousands of these loans being taken out and Jake and Kirk discuss the ins and outs of these loans, why someone would take one, and Jake’s professional advice on this form of debt. This was a fun one you won’t want to miss! https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215?mod=e2fb&fbclid=IwAR0JEaXaXy5hclyb6-D0s2CINr_PCwZyi6pqSgE8GdK7kxo3INBjmlczUGU Hav...
2019-12-0525 min
Jake Of All TradesFact Versus Fiction: year end tax breaksFact or Myth: Will I have to contribute to my retirement IRA by end of the year in order to get my tax benefits? On this episode Jake teaches you an important method called “Creative Tax Planning.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and res...
2019-11-2904 min
Jake Of All TradesFinancial Tip: Investing with Your valuesDid you know you could invest based on your personal values? Jake Rivas explains how to craft a portfolio based on the ideas and values important to you. This could be important current events or even deeply held beliefs. Jake provides three main concepts to help you solidify your approach when selecting companies to invest in. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Me...
2019-11-1205 min
Jake Of All TradesJ&K 22: How planning your finances can help you be more adventurousToday a guy in an RV and a cosmopolitan financial planner (that’s Kirk and Jake of course!) are going to talk to you about something more Americans wish they would be: adventurous. Specifically, they wish they could be more bold. What on earth does financial planning have to do with boldness? That is what we will be discussing. We focus in on particular types of personalities that many of us fall into and how individual financial plans can help you achieve your spontaneous adventurous dreams! https://www.goodnewsnetwork.org/what-makes-you-adventurous-and-how-to-be-more-so/ Have questions about managing yo...
2019-11-0625 min
Jake Of All TradesJ&K #21 Your Parent’s Financial Advice is (kind of) wrong:In this recent Wall Street Journal article, the authors give a breakdown of three generic pieces of financial advice we all get in America, and why they may not be the best for you. Jake and Kirk discuss each of them and give you new ways to look at your financial life. For instance, we may want our children to go to college and our parents encouraged their children to attend college, but have we asked if incurring the debt is actually worth the long-range financial setback? Tune in today! https://www.wsj.com/articles/y...
2019-10-3027 min
Jake Of All TradesJ&K #20: When does someone become an adult? It turns out that each generation has a different view of when someone becomes an adult. When do you think a person has become an adult? Jake and Kirk discuss the various ways generations think about adulting and how to be an adult. Is the millennial generation really taking the longest to become an adult or are they on the same track as the baby boomers? Also, most surveys find that there is one main subject (hint hint it’s near and dear to our hearts on this show) is the key to max “ADULTING!” Tune in for this fun episode...
2019-10-2218 min
Jake Of All TradesJ&K # 19: Public Loan Forgiveness isn't very Forgiving “The fix to Public Service Loan Forgiveness hasn’t Helped very much” More than 54,000 people have applied for their public service loan forgiveness, and only 1% (around 640) have had their loans forgiven. This forgiveness program was initiated a little over 10 years ago. The program would begin forgiving loans 10 years later, and that is where we are today. This means that the program will be receiving tens of thousands of more applicants in the near future. And if this problem persists, it will be a major issue. As Jake and Kirk discuss, this program has affected the lives of many people in our cou...
2019-10-0816 min
Jake Of All TradesJ&K #18 Should you only have frugal friends?On this episode Jake and Kirk discuss the value of choosing your friends based on your financial needs. Are you the type of person who can eat a single bite of a chocolate bar and then put it away? If that’s you, then you may disregard this advice! But if you aren’t, it may be helpful to surround yourself with friends who are more frugal. https://www.wsj.com/articles/frugal-friends-and-how-to-find-them-11566050401 Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follo...
2019-09-2416 min
Jake Of All TradesJ&K #17: Should American Government Privatize Fannie Mae and Freddie Mac?The current administration is considering privatizing Fannie Mae and Freddie Mac. In 2007, these organizations were privatized. It was after the 2008 crisis that the government stepped in. Is this a good move by the government? If this occurs what would be the effect on normal Americans? Jake Rivas and Kirk Barbera have an interesting conversation about this controversial topic. https://www.wsj.com/articles/a-primer-on-the-future-of-fannie-freddie-11566898207 Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents ...
2019-09-1028 min
Jake Of All TradesJ&K 16: Understanding the long-term effects of a protracted trade war with ChinaOn this episode Jake Rivas and Kirk Barbera discuss a Bloomberg.com article “U.S. Stocks Plunge Most in 2019 on Trade Tension.” Now that investors are beginning to grasp the potential for a long-term trade conflict, they are shifting their investments to haven investments (gold, cryptocurrency.) Meanwhile, China is (supposedly) lowering their own currency. Jake explains all of this and how it affects you. Tune in! Bloomberg Article: https://www.bloomberg.com/news/articles/2019-08-04/asia-stocks-set-to-drop-with-trade-back-in-focus-markets-wrap?srnd=premium Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may re...
2019-08-2022 min
Jake Of All TradesJ&K $15: Why are Interest Rates so Low and What Should You Do?When the federal reserve changes its interest rate policy, how does this affect you? Since the 2008 financial crisis interest rates have been set quite low in historic standards. Growth occurred slowly despite the change in interest rate policy. This very well may change the way interest rate policy will be determined in the future. Jake Rivas and Kirk Barbera discuss this change in the interest rate policy and how you can plan your financial future around these changes. https://www.bloomberg.com/news/articles/2019-07-23/a-decade-of-low-interest-rates-is-changing-everything?srnd=businessweek-v2 Have questions about managing your financial...
2019-08-0729 min
Jake Of All TradesJ&K #14: Should University Be Free?Many of the Presidential candidates running in 2020 have advocated either eliminating student debt and/or making university free of cost to students. Jake and Kirk discuss the impacts of these potential policies on the country and on your individual financial plans. For instance, should you stop making payments on your current debt if it might be eliminated? Tune in for Jake’s answer. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advis...
2019-07-3026 min
Jake Of All TradesJ&K #13 Why is Consumer Confidence UpOn a previous episode Jake read articles showcasing the downturn in the economy. On this episode we have evidence that consumer confidence is going up. What exactly is consumer confidence? Why should it matter? How does it effect you and your daily financial life? There is a lot more going on than you think. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FI...
2019-07-0421 min
Jake Of All TradesJ&K #12: The Financial Mystery of the Millionaire HermitJake And Kirk discuss a fascinating story of the life and death of a man who left the world as mysteriously as he lived it. He was found in death, alone in a tiny 800 square foot house. Unlike many other situations like this one, his house was tidy and spartan. He had no bed. Drove a base model truck with 77,000 miles. Never clocked more then 2,500 miles in a year. But what they found in his bedroom was shocking! Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on th...
2019-06-2531 min
Jake Of All TradesJ&K 11: INHERITED WEALTHWhat would you do if you suddenly received $500,000 from an inheritance (after taxes?) On this episode Jake Rivas and Kirk discuss what they would do as well as some smart strategies to deal with an influx of cash. Also, they discuss common pitfalls which can lead to ruin. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered In...
2019-06-0622 min
Jake Of All Trades#10 J&K TARIFFS! TARIFFS! TARIFFS!A tariff is a fee that foreign companies have to pay in order to import their goods or services into the United States. On this episode Jake Rivas and Kirk talk about the impact of the new tariffs on the economy as well as how this can affect your personal finances. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered In...
2019-05-2925 minJake Of All TradesGROW DISRUPT! Your business with guest Stephanie SchellerJake Rivas interviews entrepreneur Stephanie Sheller of GROW DISRUPT (https://www.growdisrupt.com/) Stephanie has a great story of quitting her high paying corporate sales job to found her own business. Jake and Stephanie talk about her investment strategy now that she is several years into the business and it has grown significantly and can pay solid dividends every quarter on top of salaries for her and the employees. They discuss such topics as planning for profits as well as the pitfalls of planning too much; protection measures for businesses; painful business lessons; and much more! Have...
2019-05-1627 min
Jake Of All Trades09 J&K: It’s your withholdings People!Many people who were not expecting it were hit hard by the new tax reforms. Jake and Kirk discussed how most companies did not help their employees prepare with a proper withholding and also some strategies to ensure your company withholds the proper amount from your paycheck for 2020. https://www.wsj.com/articles/once-more-with-feeling-fix-your-withholding-11555061406 Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SI...
2019-05-0217 min
Jake Of All TradesFinancial Tip 1: Boosting Retirement SavingsHow do you decide what amount to set as a goal for your retirement account and what strategies can you use to bolster that savings to make a significant impact? There are some very simple actions you can take to improve your strategy. Jake will give you several pro tips about using your savings vehicles to achieve this end. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Com...
2019-04-2905 min
Jake Of All Trades08 J&K: Is Wine a Good Investment?And other alternative investments. A recent article in the Economist illustrates the benefits and difficulties in alternative investing. What is an alternative investment? Are all trades on the future alternatives? How can you be smart about entering this risky venture? CHeck out this show for some practical advice from Certified Financial Planner Jake Rivas. https://www.economist.com/finance-and-economics/2019/04/05/investing-in-fine-wine Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory se...
2019-04-2625 min
Jake Of All TradesFinancial tip 2: Funding CollegeDon't forget April 15th is the FIRST deadline for filing your taxes. In 2017 there was a big tax law change, and this year is when you will be experiencing. In this short episode, Jake will be teaching some strategies that can be useful in reducing ones taxable income. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed in...
2019-04-2208 minJake Of All Trades07: Jake and Kirk: Two Guys Talk Cost of Having ChildrenObviously there are many reasons to have children. And of course there are emotional and physical costs involved. On this episode Jake and Kirk discuss (mostly) the financial costs of having children and how to plan for them. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual pe...
2019-04-1736 min
Jake Of All Trades06 Jake and Kirk: How Financial Planners get paidWhen you are ready to work with a financial planner, we want to make sure you are asking the right questions and that you make the right decision for you. There are a lot of ways that financial planners can lead you astray, so be mindful. In every profession there are shady figures in the darkened alleys, and with the internet that shady character can be right around the corner. Make sure you understand the different ways that financial planners get paid, the pros and cons of each. Most importantly, learn how to determine which financial planners are best...
2019-04-0121 min
Jake Of All Trades05 Jake and Kirk: Are you Ready for The Tax Reforms?There’s a new tax reform bill. Are you ready for it? Will it effect your positively or negatively? In this episode Jake Rivas and Kirk discuss the new bill and Jake walks you through a website that you can use to better understand where you fall within the new rules. Most people give little notice to taxes, instead relying on experts. This is a good idea. But as Jake argues it is often very helpful to be aware of how taxes and new tax reforms effects your overall earnings. Have questions about managing your fi...
2019-03-2543 min
Jake Of All Trades04 Jake and Kirk Show: Could we be headed toward a recession?Recessions are a normal part of the economic cycle in America. We all know that eventually we will hit some form of a correction. Many experts are now claiming that recession is just around the corner. What indicators do these experts use to determine this? How can we identify a recession and most importantly what should you be doing with your finances in a recession? Join Jake and Kirk as they discuss this important 2019 financial issues. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!...
2019-03-1139 min
Jake Of All TradesFVF #27: Paying off DebtFact or Fiction: I always pay the minimum payment on my CC and that’s fine. On this episode Jake helps you understand how credit card companies work and how to have the right mentality with credit card payments. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insu...
2019-03-0504 min
Jake Of All Trades03 Jake and Kirk: Trimming Your BudgetHave you ever experienced the storm of the century in your bank account? That’s when all your subscriptions—monthly, quarterly, yearly—hit all at once and you look up to a sunken bank account. On this episode Jake and Kirk discuss a great website and app that they found which helps to eliminate this problem by automatically tracking your subscriptions and helping you easily delete the ones you no longer need. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitt...
2019-02-2618 min
Jake Of All TradesFVF #24: Should you buy gold as the market declines?Myth: The stock market is falling, so I’m going to pull my money out and buy gold! Learn Jake’s views on this thought process. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents\ Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as t...
2019-02-0404 min
Jake Of All TradesSPECIAL: Jake and a ClientOn this episode Jake Rivas chats with client and co-host the Roaming Entrepreneur about his own personal finances. Get a sneak peek on what it is like to work with Jake Rivas. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These...
2019-01-3133 min
Jake Of All Trades02 The Coin and the Ass Show: GOVERNMENT SHUTDOWN!What is the impact of the government shutdown in your life? For those involved in the government agencies directly effected, it means not receiving a paycheck. The December 2018-January 2019 government shutdown under President Trump marks the longest shutdown in American history. How does this effect ordinary Americans? How will it effect the stock market, even after the government resumes normal services? Tune in to hear Jake Rivas and Kirk Barbera discuss this most historic moment and how you can manage the near and long-term ramifications on your financial life. Have questions about managing your financial...
2019-01-2336 min
Jake Of All Trades001 The Coin and the Ass ShowCertified Financial Planner, Jake Rivas, and co-host, The Roaming Entrepreneur, Kirk Barbera, chat about how to plan your 2019 finances. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of a...
2019-01-1519 min
Jake Of All TradesFVF #20: Paying Your Debt Versus SavingFact or fiction? You should always prioritize paying your student loans and mortgage off early. This is a common question Jake receives in his financial planning practice. In this episode he briefly explains both sides of the issues and discusses his views on the common advice given to young people today of "debt free debt free debt free!" Is that always the best advice? Tune in. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!
2019-01-0104 min
Jake Of All TradesCall-in #1: Running away from debt!Kirk, a previous guest on the Jake of All Trades Show, has been on the road in an RV for the last several months. Now Jake is checking in to talk finances. On the show they discuss strategies to deal with a variable income, random setbacks, and whether or not it is a good idea to tell debtors your new location. Have questions about managing a freelance financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents ...
2018-12-1922 min
Jake Of All TradesIt's MY Money and I Want it NOW!Jake will teach you the exceptions behind the early distribution rules, what are the ways around it? Also, what should be your decision-making process for taking money out of your retirement fund early? Have questions about managing a freelance financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will...
2018-12-1228 min
Jake Of All TradesFVF #15: Mortgage Brokers vs Mortgage LendersThe difference between mortgage brokers and mortgage lenders is critical to understand. In today's episode Jake helps you understand how to navigate the differences. Have questions about financial planning? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to th...
2018-11-1404 min
Jake Of All TradesHow Much Money Have You Left on The Table?Are you one of the millions of American who has left billions of dollars behind? Jake teaches you how to find the money you very likely have left behind. As the saying goes, leave no man behind! Have questions about financial planning? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance...
2018-11-0823 min
Jake Of All TradesFVF #13: Should You Cancel Your Credit Card?There are many credit card myths that lead one to make bad long-term decisions regarding their credit. Spend five minutes with Jake to discover the facts that will increase your life-time wealth. Have questions about financial planning? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do no...
2018-11-0704 min
Jake Of All TradesMy Friend the Roth IRARoth IRAs is a wonderful tool for retirement, but only if you understand them. On this episode listen to Jake's Take on the Roth IRA. Have questions about financial planning? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the...
2018-11-0130 min
Jake Of All TradesLivin in an RV with Kirk BarberaKirk Barbera has recently sold most of his belongings, his townhome and decided to live in an RV. He's not retired. He's not crazy (we dont' think). He is a media producer who found RV life to be an optimal way for him to live. In the podcast Jake Rivas talks with Kirk to discuss what life is like in an RV and what are the financial considerations when buying an RV. They also discuss lifestyle choices and how to make your own decision. Ways to get ahead by subtraction rather than addition F...
2018-10-111h 06
Jake Of All Trades#18: Financial Life After CollegeOn this episode your host Jake Rivas hit up one of San Antonio’s favorite coffee shops, @localcoffee to talk with real live young professionals about how they are managing their new financial problems and successes after college. In this episode: Learn what to do with excess cash! How to “find yourself” in your post college financial situation Extended education finances Dealing with the cost of continued education Discovering if college really is a good investment for YOUR future Listen to stories from different levels of real world San Antonio young professionals. Have questions about Financ...
2018-03-1528 min
Jake Of All Trades#17: Traveling on a Budget with Guest Chase AbendscheinMillennials have been bitten by a travel bug. But despite the images to travel, travel, travel, many of us are reluctant. The number one reason cited for not traveling more: NO MONEY! Jake Rivas sits down with world traveler, and cubicle worker, Chase Abendschein to discuss tactics and strategies to travel the world on any budget. ANY BUDGET! In this episode you'll learn How to find your "pack" Why travel is so easy How our parents traveled vs. how their children should travel Where to find places to stay How to choose destinations on a...
2018-03-0537 minJake Of All TradesJake of All Trades: Episode 16: Employees with BenefitsA growing number of people now consider employee benefits to be a determining factor when choosing a job. Are you familiar with what to look for and are you taking advantage of everything your benefits package has to offer? Tune in to hear from an industry expert and stay informed! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Act...
2018-01-1835 minJake Of All TradesJake of All Trades: Episode 15: Financial Resolutions for the New YearHave you been trying to set some financial goals without any luck in making them stick? New Year’s is the perfect time to start fresh! I had the opportunity to interview guests at Tech Tuesday and got some great resolutions! Tune in to hear my feedback, get some resolution inspiration if you need some, and to hear my awesome New Year’s jokes (you won’t regret it)! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial...
2018-01-0520 minJake Of All TradesJake of All Trades: Episode 14: Bad Santa Money is flying everywhere over the holidays, are you keeping track?! If you’re not careful you could find yourself falling prey to Bad Santa, aka countless phishing scams that are constantly taking place. Tune in to hear from two experts on the matter to make sure you’re staying informed! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency...
2017-12-1524 minJake Of All TradesJake of All Trades: Episode 13: ’Tis the Season To Be 80% Nice and 20% NaughtyIt’s that time of the year already–the time for hot chocolate, putting up decorations, and buying presents (aka the time of the year your bank account takes a hit)! If you’re fortunate enough to receive a holiday bonus, this episode is for you! What should you be spending that extra cash on? Tune in to find out! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insu...
2017-11-3017 minJake Of All TradesJake of All Trades: Episode 12: Investing with Good PeopleInvesting can be an intimidating topic. For this week’s episode I got to interview advantageous millennials at the annual Good People SA event downtown. Everyones response to the question “what comes to mind with you think of investing?” was interesting to say the least (shout out to the guy who answered “pain and suffering”. You’re probably not alone)! Tune in to hear all the responses and my take on investing! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Fi...
2017-11-1728 minJake Of All TradesJake Of All Trades: Episode 11: The Walking DebtUnless you live under a rock, you know about or watch The Walking Dead. I, like most people, have a minor (okay maybe major) obsession with the show so I decided to tie it in with this week’s episode: The Walking Debt…see what I did there? Characters in The Walking Dead have zombies to worry about, but thankfully out here in the real world we just have debt, see it doesn't sound too bad when you compare the two! Tune in to find out the results I got from my Facebook poll where I asked the question “Does go...
2017-11-0224 minJake Of All TradesJake Of All Trades: Episode 10: The Upside DownIn light of Stranger Things (one my favorite TV shows premiering this October) I decided to title this weeks’ episode: The Upside Down. Do you know all the ins-and-outs of buying or leasing a car? There’s more in play than you might think! To avoid getting stuck in the upside down world of poor financial decisions tune in to hear from an expert in the industry, and for a case study on Steve and Nancy. I would have used Barb, but you know why I didn’t if you watch the show (RIP Barb). Don’t forget to submit y...
2017-10-1924 minJake Of All TradesJake Of All Trades: Episode 09: The True Cost A lot of us are at that point in our lives where we’re considering either renting or buying a property. There are pros and cons to both sides and one option certainly might not work for the next. The important thing is that an educated decision is the best way to go! In this episode we’re going to get the viewpoint from all angles. Tune in to get some opinions for your next big financial decision! Don’t forget to submit your questions to jake@youandifinancial.com, and follow Jake on Twitter and Facebook @jakestwocents. Securities and advisory services...
2017-10-0539 minJake Of All TradesJake Of All Trades: Episode 08: Leap Of Faith Going out on a limb for something you believe in can be more than intimidating–it can also be a financial strain. It’s completely up to you if you want to take a financial risk when it comes to your career but if it’s something you love, it could be more than worth it. Tune in to get some encouragement from a couple who went all in! Sometimes all it takes is a leap of faith! Don’t forget to submit your questions to jake@youandifinancial.com, and follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services o...
2017-09-2136 minJake Of All TradesJake Of All Trades: Episode 07: The DreamWe shouldn’t stop dreaming big just because we’re adults now! On this week’s episode, The Dream, we’re going to cover the question: “How do you envision your retirement and how will you get there?” I’m bringing you real advice from vacationers in JAMAICA, and let me tell you–these people are really living the dream! Your vision for retirement doesn’t just have to be an out of reach goal–if your finances are on track, it could be completely attainable! Tune in to hear my take on things, as a Financial Advisor to Millennials. Don’t forget to subm...
2017-09-0718 min
Jake Of All TradesJake Of All Trades: Episode 06: Imagine If You WillIt seems the older we get, the faster time passes. On this week’s episode, Imagine If You Will, we’re going to cover the question: “What have you done to plan for your financial future?” I know it can be a daunting task but if you’re not actively planning now, you could find yourself wishing you had started sooner. Tune in to hear my take on things as a Financial Advisor to Millennials, to find out what the 3 “C’s” are for successful planning, and a list of great tools that could make your planning process run more smoothly! S...
2017-08-2433 minJake Of All TradesJake Of All Trades: Episode 05: Last ResortAs we know, life is unpredictable. This is why I’ve decided to title this weeks episode “Last Resort” and asked the question: In the event of an emergency, where would you go to get money, and how much do you think you need in an emergency fund? While I hope you never find yourself in a last resort type of situation, I want to make sure you’re prepared none the less! Tune in to hear my take on things, as a Financial Advisor to Millennials, and don’t miss our fun segment on some bizarre ways to make a little e...
2017-08-1033 minJake Of All TradesJake Of All Trades: Episode 04: Phone A Friend In today’s world we have an infinite amount of sources to draw from when we need advice on something…but is that a good or a bad thing when it comes to personal finances? In this week’s episode, Phone a Friend, I addressed the questions: Where do you get your financial questions answered, and who do you go to for help? You might be surprised to know that your mom or dad might not be the best source. Tune in to hear my take on things, as a Financial Advisor to Millennials! Submit your questions tojake@youandifinancial.com, and fo...
2017-07-2740 minJake Of All TradesJake Of All Trades: Episode 03: #PrioritiesWhat are your financial priorities? Are they in order? No need to worry if they’re not where you want them to be! Jake to the rescue! In this episode, #priorities, Jake helps sort out what to focus on first. Hear Jake Rivas, Financial Advisor to Millennials, ask three interviewees what they think they should focus on first–debt, emergency funds, building assets, etc. Find out if you have similar answers, and to hear Jake’s financial advice! Submit your questions to jake@youandifinancial.com, and follow Jake on Twitter and Facebook @jakestwocents Securities and advisory...
2017-07-1417 minJake Of All TradesJake of All Trades: Episode 02: FearFor our second episode, Jake Rivas, Financial Advisor to Millennials, addresses your biggest fears about finances. Three interviewees were asked one question: What scares you most about your financial future? You may be surprised to find that many Millennials fear similar things! Tune in to hear Jake’s real world financial advice, and to get take-aways that will help you take control of your finances. By the end of this episode you’ll see that there’s nothing to fear, when you have Jake’s advice in your ear! Submit your questions to mailto:jake@youandifiancial.com, and follow Jake on...
2017-06-1521 min
Jake Of All TradesJake Of All Trades: Episode 01: Reality CheckIn our first episode, Jake Rivas, Financial Advisor To Millennials, is giving our guests a reality check. He will be asking three millennials, just like you, two questions: What do you spend your money on? and what should you spend your money on? The answers will surprise you! Jake's gives real world feedback about financial obstacles many of you are facing today. As always, you will get real life tools you can use to take control of your financial future. Submit your questions to jake@youandifinancial.com , contact twitter.com/jakestwocents, Facebook @jakestwocents Securities and adv...
2017-05-2227 min
Jake Of All TradesJake Of All Trades: Episode: 000 PilotEvery week Jake Rivas, Financial Advisor To Millennials, will hit the streets, coffee shops, and restaurants to get raw feedback from YOU about the real financial obstacles you are facing today. Jake will help you take the guesswork out of managing your money choices while curating and sharing the the best advice and insights into making smart money choices. Jakes Two Cents will help you navigate credit, financial debt, saving for the future, student loans, mortgages, travel, money, lifestyle, and more. You will get real life tools you can use to take control of your financial future. Submit your qu...
2017-05-1606 min